AUCTION TERMS & CONDITIONS
1. PAYMENT TERMS:
a. Payment may be paid by cash, cashier’s check, wire
transfer, or company check. All checks must be accompanied
by a letter from the payer’s bank guaranteeing unqualified
payment to STUART B. MILLNER & ASSOCIATES (hereinafter
“SBMA”). (A $25.00 fee shall be assessed to Buyer for all
returned checks).
b. Payment is due in full upon receipt of invoice. If
payment is not received within 24 hours of the conclusion of
the auction, Buyer’s invoice will be voided, and all items
will be forfeited with NO REFUND of deposit or payment. All
legal fees, collection fees and any other charges arising
from nonpayment will be paid by the Buyer.
c. All methods of payment shall be made payable to
STUART B. MILLNER & ASSOCIATES.
d. Wire-transfer instructions are available at the
registration desk or by calling the SBMA office at 636-744-
1400.
e. No purchases may be removed until complete
settlement is made with cleared funds. Buyer is responsible
for the complete removal of Buyer’s purchase(s).
f. Each buyer shall be responsible for payment of any
city, county and/or state sales tax that may apply.
g. Buyer is entirely responsible for any customs or
duty issues and/or payments
a. A 15% Buyer Premium for onsite sales, and 18% Buyer
Premium for online sales.

2. CONDITIONS OF SALE:
a. All items up for auction will be sold to the highest
bidder in accordance with the Auctioneer’s Customary Terms
of Sale.
b. If an item shall become non-deliverable for any
reason, SBMA shall not, in any event, be liable for non-
delivery, or for any other matter or thing, to any Buyer of
any lot, other than for the return to the Buyer of monies
actually paid to SBMA for said lot, should the Buyer be
entitled thereto.
c. SBMA expressly reserves the right to determine the
manner of conducting the auction and to sell items by
individual or group lots, as it may deem appropriate.
d. The Auctioneer and Seller disclaim all warranties,
expressed or implied, about the merchantability of the items
and their fitness for a particular purpose.
e. SBMA assumes no liability for error, omissions,
accurate weights or measures, additions and/or deletions in
this brochure or auction/lot book and all assets are Sold
“As Is, Where Is.” Items offered may or may not be sold as
described and/or photographed in this brochure.
f. Buyer/rigger is responsible for all
waste/oil/substance in the removal of assets, along with all
spills that may occur during the removal process.
g. All sales are made “As Is, Where Is” and Buyer
acknowledges having inspected the property and to be
satisfied with same prior to bidding.
h. All sales are FINAL.
i. The Certificate of Insurance is required to use
motorized equipment or torching equipment on premises for
lot removal.
j. Buyer/rigger MUST bring a copy of its liability
insurance to the premises (onsite) and fax a copy to the
offices of SBMA. The insurance certificate must list SBMA
and Seller as additional insureds.
k. All items MUST be paid and picked-up by the last
checkout date or they will be forfeited with no refund of
deposit or payment, unless special arrangements have been
made.
l. Stuart B. Millner & Associates shall not be
responsible for any property or bodily damages, howsoever
caused, arising from the pickup or transport of the
property, and all risks relating thereto are fully assumed
by Buyer to the complete exoneration of SBMA. Buyer/rigger
waives any and all claim it may have for any damages,
including actual and punitive, whether caused by negligence,
willful misconduct or otherwise, and assumes all risk
related to the removal of its purchases.
m. Buyer will comply with all United States of America
Export Administration Regulations, the Export Administration
Act or any order, license, License Exception, or other
authorization issued there under.
n. For all lots sold as scrap, weight will be estimated
until actual weight is determined during checkout. Once
actual weight is confirmed, Buyer will pay the balance due,
if any, or Buyer will be issued a refund, if due.