6 HD Torque Wrenches (4 may need repair)

NOTICE:  All Bidders and other persons attending this sale agree that they have read and have full knowledge of these terms and agree to be bound thereby.

TERMS FOR THIS AUCTION:

1.  CONDITION OF ARTICLES SOLD – The Auctioneer shall not be responsible for the correct description, genuineness, authenticity of, or defect in any lot, and makes no warranty in connection therewith.  NO sale will be set aside nor allowance made on account of any incorrectness, error in commentary, cataloguing, or any imperfection not noted.  No deduction allowed on damages articles, all goods being exposed for public exhibition are purchased and accepted by Buyer “AS IS”, “WHERE IS” and “WITH ALL FAULTS”.  Auctioneer makes no warranties or guarantees whatsoever whether written, oral or implied as to quality, quantity, condition, usability, salability, weight, measurement, year, model, mechanical condition, performance or other specifications and without recourse.

2.  TIME OF PAYMENT – All invoices must be paid in full by within 24 hours of the auction.  Any other arrangements must be made with Auctioneer prior to bidding.  If not, the merchandise will be deemed abandoned and Buyer will lose any right, title or interest the Buyer may have acquired and the merchandise shall revert and repossess to Auctioneer without further notice to Buyer and the transaction shall be null and void as to Buyer. No article shall be removed unless paid in full. No item may be removed until the day following the auction. All items must be removed by Friday, May 22, 2020. Check-out will operate weekdays from 8:00 AM to 5:00 PM.

3. BUYER’S PREMIUM - An 18% Buyer’s Premium will apply to all purchases. GST and PST will be charged on the Buyer’s Premium.

4. SALES TAXES

ALL CANADIAN BUYERS will be required to pay 5% GST (Federal Sales Tax) on their purchases;

INTERNATIONAL BUYERS (Buyers NOT from Canada) will also be required to pay 5%, in lieu of the GST, as a bond. This bond will be refunded if, and only if, within 30 days of the auction, the buyer provides DG Auction Services with A VALID COPY OF THE BILL OF LADING from a THIRD PARTY BONDED CARRIER showing that the goods have been shipped somewhere outside Canada.

If a copy of the Bill of Lading is not provided within 30 days of the auction, the bond will be forfeited and   DG Auction Services will submit the GST bond amount to the appropriate tax authority.

ALL BRITISH COLUMBIA BUYERS will be required to pay 7% PST (Provincial Sales Tax) on their purchases;

a)      All British Columbia buyers must pay the PST unless they have a valid British Columbia PST Exemption Certificate.

b)      Buyer’s from outside of British Columbia will also be required to pay 7%, in lieu of the PST, as a bond. This bond will be refunded if, and only if, within 30 days of the auction, the buyer provides DG Auction Services with A VALID COPY OF THE BILL OF LADING from a THIRD PARTY BONDED CARRIER showing that the goods have been shipped somewhere outside British Columbia.

If a copy of the Bill of Lading is not provided within 30 days of the auction, the bond will be forfeited and    DG Auction Services will submit the PST bond amount to the appropriate tax authority.

5. PAYMENT OPTIONS - ALL PAYMENTS shall be made to DG Auction Services by way of WIRE TRANSFER. Company and/or Personal Cheques will not be accepted. All bidding & invoicing will be in CANADIAN DOLLARS.

6.  REMOVAL – All purchases must be removed not later than the date specified in the auction Catalogue and/or announced at the sale time.  No lot can, on any account, be removed during the sale.  All goods are sold “Where Is”.  Removal shall be at the expense, risk and liability of the Buyer.  Purchases will be delivered only on presentation of paid invoice.  Auctioneer shall not be responsible for goods not removed within the time allowed, but shall have the option to remove and store at the expense and risk of the Buyer any article purchased, but not paid for and removed within the time aforesaid.

7. RIGGING AND  REMOVAL IS THE RESPONSIBILITY OF THE BUYER.

Small, carryout items, should be removed as soon as possible after the auction.

Anyone who disassembles a machine at the site will need proof of BC Workman’s Compensation.

Anyone, either a buyer or rigger, who uses a powered vehicle to lift anything at the auction site, will need a certificate of insurance.

Designated Rigger

 Belton Direct was selected as the designated rigger for the auction. No other rigger will allowed to rig items inside any of the buildings. Mandatory rigging prices are shown in the lot descriptions that they apply to.

Successful bidders will be invoiced directly by Belton. Please direct any rigging inquiries to them.           Carson Hewlett          Cell 778-908-8647      Office 778-938-5585       chewlett@bdrigging.com

8.  CLAIMS – No Claims will be allowed after removal of goods from premises.

9.  RESPONSIBILITY FOR NON-DELIVERY – Auctioneer shall not, in any event, be liable for non-delivery of such lot, storage or removal fees or costs, lien satisfaction or for any other matter or thing, to any Buyer of any lot, other than for the return to the Buyer of the deposit or sum paid on said lot, should the Buyer be entitled thereto.

10.  COMPLIANCE WITH TERMS OF SALE – In default of payment of bills in full within the time therein specified, the Auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages.  Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser.

11. RISK TO PERSON AND PROPERTY – Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the Auctioneer from liability therefor.  Neither the Auctioneer nor his principal shall be liable by reason or any defect in or condition of the premises on which the sale is held.

12. ADDITION TO OR WITHDRAWAL FROM SALE – The Auctioneer reserves the right to alter the order of the sale, withdrawal from the sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots.  Whenever the best interest of the Seller will be served, the Auctioneer reserves the right to sell property listed, in bulk.

13. SALE BY ESTIMATED WEIGHT, COUNTY OR MEASURE – Where items are sold by estimated weight, count or measure, the Buyer will be billed for and required to pay for the estimated weight, count or measure.  If, upon delivery, any shortage exists, the Buyer will receive a refund at the rate of the purchase.  If there be an excess, the Buyer will be required to take and pay for such excess, at the rate of the purchase.

14. DISPUTE BETWEEN BIDDERS/BID INCREMENTS – If any dispute arises between two or more bidders, the Auctioneer may decide the same or put the lot up for sale again at once, or resell to the highest bidder.  Auctioneer may reject a nominal or fractional bid advance if, in his estimation, it proves injurious to the sale.  The Auctioneer’s decision shall be final and absolute.

15. RECORDS – The record of sale kept by the Auctioneer and bookkeeper will be taken as final in the event of any dispute.

16. AGENCY – The Auctioneer is acting as agent only and is not responsible for the acts of its principals.

17. SHIPPING – All coolants, oil and fluids must be drained from all machinery and equipment prior to removal.  All of the above must be shipped in compliance with PROVINCIAL AND FEDERAL regulations.

18. ADDITIONAL TERMS AND CONDITIONS – The Auctioneer may modify or supplement these terms and conditions of sale by language in the catalog available at the sale site or by announcement at the start of the sale.