Sale Terms and Important Information

*** GLOBAL TIMED ONLINE AUCTION ***
If your status as a bidder is pending and you would like to be approved, please call Proxio Group Ltd., Auctioneers at 514-262-7727.
All Bidders must provide a Visa/Master Card Number when registering. We Reserve the right to pre-authorize your credit card up to $1000,00  Fully refundable should you not purchase any lots

All bids constitute a legally binding contract and bidders will be legally obligated to make payment and remove items in accordance with the terms and conditions of the sale.

Rigging & Loading Services Provided by:

Buyers may pick up their items at the auction site personally or can arrange for a third party logistics firm to manage the removal for them. We do not represent or warrant riggers or logistics firms in any way whatsoever.

A fixed handling fee may be placed on each item on an ad hoc basis, this will be indicated on the specific auction.

REGISTRATION & BIDDING ONLINE:
If you plan to bid with Bidspotter.com, you must be pre-approved by Proxio Group Ltd., Auctioneers.. The pre-approval process is easy but necessary. Proxio Group Ltd., Auctioneers. will verify your contact information and then proceed with the decision as to approve or decline your request for registration. Proxio Group Ltd., Auctioneers reserves the right to refuse any request for registration, without incurring liability of any kind whatsoever.

Terms and conditions

Terms and conditions:
Payment accepted via Wire Transfer, Bank Draft or Ceritified Cheque. Visa or Mastercard, Cash. Credit Card Payments subject to a 3.0% service charge. All purchases must be paid prior to removal. Loading, Skidding, Freight and Customs Clearing services are available, and will be quoted upon request. All services must be paid for prior to shipping. For any questions, please contact the auctioneers office at 514-262-7727. Bidspotter buyers are subject to a 15% Buyers Premium. Sale conducted in United States Currency.

1. The sellor retains the title and the ownership of the goods, including all the repairs, spare parts and additions, until all due or to fall due amounts regarding the present are completely paid.
2. All that has been added or fined to the goods, whichever in repairs, replacement addition, modification accessories or changes, will form a whole of said goods and will be included in the term "Goods" as used in this contract. The buyer will not make any important changes on or in the goods without the written consent of the sellor.
3. The goods will be at the buyer's risk and no lost, damage, destruction nor confiscation of the goods will affect in any way the obligations created by subject contract.
4. The buyer will keep the goods in excellent condition and good working order, will replace and will have repaired at his own expense any used, broken or faulty parts. The buyer shall hold the sellor harmless for injuries, death, or damages of any kind resulting from the use of the purchased goods.
5. Should the buyer neglect to pay on due date all payments relative to this contract or to derogate to any other conditions or stipulations of the subject contract becomes insolvent, becomes or is declared bankrupt or to be put in into liquidation or again should the goods be destroyed or substantially damaged or seized for rent or for any other legal proceedings or if they are confiscated, whatever happens, the amount of the deferred balance then unpaid will become due and payable (taking in consideration of all discounts in the cost of credit allowed by the law).
6. The delays will be treated with stringency. The buyer engages himself to pay the interest according to the annual credit rates on all late payments starting from the faulty date until payment, and in case of non execution of any of the buyer's obligations, to pay the legal fees and others permitted by law.
7. The buyer can reimburse his obligations regarding this contract any time before the expiry date and at the time of this payment he will be entitled to a reduction of the cost of financement, calculated in conformity with the general regulations of the law.
8. In the present contract, the transfer of ownership of sold goods (called in this contract "goods") does not occur during the formation of the contract but will occur only upon full payment with interest. In defect by the buyer to accomplish his obligations herein contained the sellor can at his choice:
a) demand the immediate payment of past due payments;
b) demand the immediate payment of the balance of the debt, this loosing the benefit of term;
c) repossess sold goods;
If sellor repossesses the goods, he will keep all the amounts received at that date as damages but this does not limit this amount to payments received.
9. This agreement will bind the parties hereto, their respective heirs, executors, administrators, legal personal representatives, successors and assigns. The present document constitutes as the whole contract intervened between parties. No changes, modifications or renounciations to any of the clauses will be valid unless they are done in writing and signed by the buyer and the sellor. It is under-stood that the sellor can excuse a default by a written notice to the buyer, but the fact of such a decision will not bind the sellor towards any other default.
10. The buyer recognized that he does no mention to the sellor as to a specific goal for which the goods are destined to, unless otherwise specified in this contract. The sellor guaranties that he is the owner of the goods. Any other warranty provided by the civil code of the Province of Quebec is specifically excluded.
11. The buyer agrees by this contract to execute and remit to the sellor all declarations or others which should be produced in connection with the privilege or pledge created by subject contract and/or to do everything necessary to allow said privilege or pledge to be indicated the ownership certificates. The buyer nominates the sellor as his attorney at he, to the choice of the sellor and at the buyer's cost, to come to terms to any and every thing judged necessary by the sellor to perfectionate and maintain the privilege or pledge created by subject contract.