A REFUNDABLE DEPOSIT IN THE AMOUNT OF $500 WILL BE
REQUIRED TO BID. NO EXCEPTIONS.

BY REGISTERING TO BID, YOU ARE AGREEING TO ALL OF THE
FOLLOWING TERMS AND CONDITIONS.

1.Purchases must be paid for in full by TBD,
3:00 pm. Payments can be in the form of Cash,Cashier’s
Check
made payable to Credit Management Association and over-night
to Attn: Auction Division, 40 E. Verdugo Ave., Burbank, CA
91502 or Wire Transfer: American River Bank, 520 Capitol
Mall, Suite 100, Sacramento, CA 95814, Account # 510707693,
AB # 121140263, For Credit to: Credit Management
Association. NO EXCEPTIONS. All bidding and invoicing
will be in US Dollars ($); the above approved forms of
payment must be made in US currency. PLEASE REFERENCE THIS
AUCTION AND YOUR BUYER NUMBER ON ANY PAYMENTS. ALL INVOICES
MUST BE PAID IN FULL BY THE DATE ANNOUNCED.

2. Credit Card is required for registration, but cannot be
used for purchases.
3. A Buyer’s premium of 15.5% of the bid price will be added
to the price of each item purchased. The buyer’s premium for
each sale will also be announced at the time of the auction.
Buyer will pay taxes directly to DMV when registering.
4. ALL SALES ARE FINAL. NO EXCEPTIONS. The condition of the
merchandise being offered varies. Buyer understands and
agrees: (1) that any description or sample of the
merchandise given or furnished by Auctioneer is solely for
identification and does not create any warranty, expressed
or implied, that the merchandise actually conforms to such
description or sample; (2) that all merchandise is purchased
and accepted by buyer “AS IS”, “IN PLACE” and “WITH ALL
FAULTS, KNOWN AND UNKNOWN.” CREDIT MANAGEMENT ASSOCIATION
(“AUCTIONEER”) MAKES NO WARRANTIES OR GUARANTEES WHATSOEVER
WHETHER WRITTEN, ORAL OR IMPLIED AS TO QUALITY, QUANTITY,
CONDITION, LOCATION, USEABILITY, SALEABILITY, WEIGHT,
MEASUREMENT, YEAR, MODEL, MECHANICAL CONDITION, PERFORMANCE,
FITNESS FOR A PARTICULAR PURPOSE OR OTHER SPECIFICATIONS.
MANUFACTURERS WARRANTIES MAY BE IN EFFECT. NO SALE SHALL BE
INVALIDATED AND AUCTIONEER SHALL HAVE NO LIABILITY FOR A
MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A
CATALOG, ADVERTISEMENT OR OTHERWISE. Descriptions have been
prepared for guide purposes only and shall not be relied
upon by buyer for accuracy or completeness. By submitting a
bid, buyer/bidder affirms it has inspected all items or has
waived its right to do so prior to bidding. Buyers shall be
deemed to have relied entirely upon their own inspections
and investigations.

5. Buyers will be charged all applicable taxes unless
SATISFACTORY PROOF OF EXEMPTION is provided to Auctioneer .
If satisfactory proof is not provided, Buyer will pay all
applicable taxes to Auctioneer. If item being purchased is a
vehicle, buyer will pay applicable taxes directly to DMV.
Proof must be provided PRIOR to removal of purchases. No
taxes will be refunded once the purchasers have left the
site. Proof of exemption, subject to approval by Auctioneer,
includes VALID RESELLER’S PERMITS, STATE-ISSUED LETTERS OF
EXEMPTION, BILLS OF LADING provided by shipper for OUT-OF-
STATE SHIPMENTS only, and any other documents as governed by
applicable local, state, and federal laws deemed acceptable
at Auctioneer’s sole discretion. Taxes are calculated AFTER
the buyer’s premium.
6. All articles will be sold to the highest bidder
conforming to the bid process. Auctioneer reserves the right
to sell articles by individual group lots and “En Bloc” as
he deems appropriate. Auctioneer reserves the right to
group, reduce, add to or delete lots. Auctioneer reserves
the right to sell on behalf of third parties, its own
account or on the account of others. In the event there is a
dispute between two or more claims of entitlement as the
successful bidder, Auctioneer reserves the right to re-
auction the item in dispute. Auctioneer shall regulate all
matters relating to the conduct of the auction and his
decision shall be final and binding on all bidders.
Auctioneer shall be entitled to make changes in (the
composition of) the lots or to withdraw them, up until the
last moment before the sale, refuse bids without having to
state the reason, in which case the previous bidders shall
be bound to their bids, and to correct himself. Auctioneer
reserves the right to sell subject to reserve and to
purchase for its own account or of others, whether by verbal
or written proxy, all subject to prior sale. All sales shall
be concluded on the fall of the hammer or as indicated by
Auctioneer and no buyer may thereafter revoke his bid.
7. Any announcements made on the day of the auction take
precedence over catalog or other previously announced or
documented information, but do not alter in any way the
basic terms and conditions of sale. Auctioneer reserves the
right to correct any mistakes or typographical errors made
by itself or on its behalf in any of its announcements or
documents.

8. Checkout will be by Appointment Only. Please call Rick at
818-652-8053 to Schedule. No checkout will be permitted
during the auction sale.
All invoices must be paid in full before any merchandise
will be released from the premises. Unless Auctioneer
determines otherwise at its sole discretion, checkout will
begin on the day following the auction sale. Quantities must
be checked before removal of purchases. No allowances will
be made for claims or shortages once items are removed from
the auction premises. Unless Auctioneer determines otherwise
at its sole discretion, no item, no matter how small or how
far the purchaser has to travel, may be removed until the
close of the auction sale. Where available, documents of
transfer, including motor vehicle ownership documents, will
be provided within 30 days following the auction or as soon
thereafter as such documents are available. Auctioneer makes
no warranties that such documents will be available. Any
available titles shall not pass to buyer until full payment
is received.
9. All property must be paid for and picked up in the time
frames announced by Auctioneer at time of sale. If not, the
merchandise will be deemed abandoned and buyer will lose
right, title or interest buyer may have acquired and the
merchandise shall revert and repossess to Auctioneer without
further notice to buyer and buyer’s deposit will be
forfeited. No purchaser may assign, transfer, or dispose of
his rights in any article purchased before he has paid the
purchase price in full.
10. If any applicable conditions are not complied with by
buyer, then, in addition to any other remedies available to
Auctioneer, including and without limitation, the right to
hold Buyer liable for the total purchase price, Auctioneer
may, at its option, (a) cancel the sale, retaining all
payments made by buyer, Including any deposit made, as
liquidated damages and/or (b) resell the merchandise at
public auction in which event buyer will be liable for the
cost of removing and reselling the abandoned merchandise,
for any deficiency between buyer’s original purchase price
and subsequent resale price, Auctioneer’s commission,
interest rates (a minimum of 1.5% per month or 18% per
annum), legal fees, moving and storage (a minimum of
$2.00/sq.ft. per month) and all other expenses related to
the disposal or reselling of the abandoned property. In
addition, Auctioneer may retain any merchandise purchased at
auction by a defaulting buyer as collateral security for
buyer’s obligations to Auctioneer.

11. Buyer is solely responsible to provide any personnel,
equipment or materials needed to pick up purchases and shall
assume all responsibility for the removal of any item of
property purchased at the sale and any and all risks
associated with such removal including, without limitations,
the responsibility for providing LICENSED AND BONDED
professionals to ensure proper water, gas and/or power
disconnection, disassembly, removal and loading and full
financial responsibility for any damage or liability to
persons or property resulting from any negligent act or
omission of buyer or buyer’s employees, agents and/or
representatives during pick-up and removal. Auctioneer does
not provide packing or shipping services NO EXCEPTIONS.

12. Buyer agrees that in the event purchased merchandise
contains any environmental hazards, toxic waste or other
type of hazardous material in any form whatsoever, Buyer
shall provide evidence that buyer or its representatives are
licensed for such removal and shall comply with all
applicable local, state and/or federal rules, laws and
regulations. Auctioneer, its agents or representatives will
not be responsible for its containment, storage or removal.
13. Persons in attendance during the inspection, sale or
removal of merchandise assumes all risks of damage or loss
to persons, property, or merchandise and shall exercise
proper precautions at all times for the protection of
persons and property and shall comply with all safety and
health requirements as directed by Auctioneer, and local,
state and federal regulations. Auctioneer, its agents, its
employees and representatives shall not be liable by reason
of any defect in or about the condition of the premises on
which the auction is held. Buyer specifically releases
Auctioneer, its agents and representatives from all
liability thereof.
14. All risks of loss shall pass to buyer at the time of
payment. If Auctioneer is unable to deliver an article sold
to buyer due to fire, theft or any other reasons whatsoever,
Auctioneer shall reimburse buyer for all monies paid to
Auctioneer in respect to the article and Auctioneer shall
have no further liability to the purchaser arising from or
relating to such loss, including without limitation any
damages for loss of profits.

15. In no event shall Auctioneer’s liability to buyer exceed
the purchase price actually paid. A buyer’s claim shall be
limited to the amount paid for the merchandise, and shall
not extend to any obligation; risk; liability; right; claim;
remedy for loss of use, revenue or profit; liability of
buyer to any third party; personal injury; or any other
direct, indirect, incidental or consequential damages.
Auctioneer is acting as an agent only .
16. Buyer agrees to indemnify, defend and hold harmless
Auctioneer and its agents and representatives, from any and
all demands, claims, losses, damages and liabilities
(including attorney’s fees) asserted against, resulting to
or imposed upon Auctioneer resulting from the negligence of
buyer or his/her employees, agents and representatives,
while in, at or about the auction premises during
inspection, sale or removal of merchandise.
17. Auctioneer shall have the right to make image and audio
video recordings of the auction, to use said recordings at
its own discretion, and if deemed appropriate to make them
public. Participants give their permission by participating
in the auction.
18. The bidder’s paddle is nontransferable. All bids made by
the holder of the paddle will be buyer’s responsibility. A
successful bid at auction constitutes a legally binding
contract of sale.
Auctioneer reserves the right to refuse any applicant the
privilege of bidding or attending the auction and may revoke
such privilege of bidding or attending the auction AT ANY
TIME.
19. This sale transaction shall be governed by and construed
in accordance with local laws of the State of California,
USA. If any provision of these Terms and Conditions shall be
held invalid, illegal, unenforceable or inoperative, the
balance of Terms and Conditions shall remain in full force
and affect as if such provisions had not been included.
These Terms and Conditions with any amendments or
modifications expressly made by Auctioneer at the time of
the auction constitute all the terms and conditions with
respect to the sale of articles at this auction. There are
no representatives, warranties, terms, conditions,
undertakings or collateral agreements except as herein
provided.

ALL SALES ARE FINAL! NO REFUNDS OR EXCHANGES!
INVOICES MUST BE PAID IN FULL BY TBD.

ITEMS MUST BE REMOVED BY TBD.
CHECK OUT IS BY APPOINTMENT ONLY! PLEASE CALL RICK AT 818-
652-8053 TO SCHEDULE
APPOINTMENT.