Racks and Floor stands

Auctioneers Terms and Conditions

18% BUYER`S PREMIUM WILL APPLY TO ALL PURCHASES.

Payment: Cash, cashier`s check, wire transfer or business check accompanied by bank letter. FULL SETTLEMENT TO BE MADE DAY OF SALE. All sales are final and are payable at the conclusion of the sale. A buyer`s premium and sales tax will be charged on all purchases.

Removal of purchases: Cost, responsibility, and risk of removal of purchases remain with the purchaser. It is the purchaser`s responsibility to restore/repair all real or personal property that is altered or damaged as a result of the removal. Purchases must be removed from the premises in the time allocated as announce and/or posted by the Auctioneers. Silicon Valley Auction Service reserves the right to charge the purchaser for the costs of storage and/or disposal beyond the removal period. Items not picked up in the time allocated will be considered abandoned. NO purchases may be removed until after the conclusion of the sale. No 
claims of any kind shall be allowed for any item not removed or after an item has been removed by the purchaser.

Disclaimer of Warranties: 
Everything will be sold "AS IS", "WHERE IS", "AS AVAILABLE", "WITH FAULTS", with no representations, expressed or implied. Silicon Valley Auction Service, as agent and seller, expressly disclaims any warranty as to fitness or usability of all assets, and the buyer expressly waives any purpose whatsoever. Silicon Valley Auction Service, seller and/or advertising agents will not be held responsible for advertising inaccuracies or discrepancies. Prospective buyers are advised that Silicon Valley Auction Service does not guarantee the accuracy of description or condition of the subject property. Prospective buyers are urged to inspect all 
items, deductions will not be allowed on damaged goods since everything is sold "as is, where is" and without recourse. 

No advice or information, whether written or verbal, obtained by a prospective buyer from Silicon Valley Auction Service shall create any warranties or responsibility for items purchased. The purchaser hereby assumes and does agree to indemnify and hold Silicon Valley Auction Service and seller harmless from any future claim which shall pertain to the fitness or use of the item being purchased. 

Limitations of Liability: For any reason whatsoever, if an item purchased cannot be delivered, the buyer waives liability on the part of Silicon Valley Auction Service and further agrees that any obligation of said item is limited to the bid and paid for price of item. Persons attending the auction preview, sale, or removal assume all risks of damage or loss to person and property and 
specifically release and indemnify Silicon Valley Auction Service and sellers from liability. Silicon Valley Auction Service and/or seller shall not be liable by reason of any defect in or condition of the premises in which the sale is held. 

Vehicles: Silicon Valley Auction Service is not responsible for any penalties on past-due registrations or smog compliance certificates. It is the bidder`s sole responsibility to check all vehicles for plates/tags, smog devices, and/or any defects.

Auctioneer`s Note: The auctioneer reserves the right to withdraw from the sale any of the items, to sell items not listed, to group or subdivide one or more lots, or to sell all the items listed in bulk. Items are generally sold to the highest bidder but some may be subject to the seller`s right of confirmation. The Auctioneer has the right to reject any nominal or fractional bid which he 
believes may negatively affect the sale. Silicon Valley Auction Service may amend, change, modify, discontinue or suspend any aspect of the auction sale without notice and without liability to prospective bidders. Additional terms and conditions of sale may be added and will be announced and/or posted on the premises prior to the auction.