AUCTION TERMS & CONDITIONS
1. PAYMENT TERMS:
a. REGISTRATION DEPOSIT REQUIRED: ***Prior to Auction, each
Bidder must provide a Registration Deposit equivalent to 25%
of estimated bid total or a minimum of $500, whichever is
greater. *** Registration Deposits may be delivered via
cash, wire transfer, pay pal, (Reference auction name, date
and buyer#), cashier?s check, or company check accompanied
by a Bank Letter of Guarantee valid for 30 days. ***
b. No Person shall be permitted to bid without providing the
required $500 minimum Registration Deposit.
(Qualified Platinum Elite Members are excluded from this
requirement).
c. Balance of Bidder?s invoice 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).
d. 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.
e. All methods of payment shall be made payable to STUART B.
MILLNER & ASSOCIATES.
f. Wire-transfer instructions are available at the
registration desk or by calling the SBMA office at 636-744-
1400.
g. 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).
h. Each buyer shall be responsible for payment of any city,
county and/or state sales tax that may apply.
i. Buyer is entirely responsible for any customs or duty
issues and/or payments
j. A 18% Buyer Premium applies to all 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.