*BY REGISTERING TO BID ONLINE,
YOU ARE AGREEING TO ALL OF THE
FOLLOWING TERMS AND
CONDITIONS:

GENERAL RULES AND INFORMATION

*Register on this site to bid
online only. If you will be
physically coming to the sale,
you must register at the
auction in person, rather than
online. If you are
registering online, please
include a fax number or email
address that your invoice can
be sent to.

******All sales in U.S.
dollars only!!******

*All descriptions are believed
to be correct, but no
guarantees or warranties are
made by auctioneer as to
nomenclature or age.
Everything sold on an "as is"
basis.

*Please remember that a bid is
a verbal contract; once you
become the successful bidder,
you must pay for your items.
If you find that the riggers
you contact are charging you
high fees, that doesn?t mean
that you can abandon your
items. Once you win, you are
responsible for paying.

*A deposit of 25% (of what you
actually bid on or intend to
bid on) in cash, cashier?s
check, credit card account
authorization, company check
or company purchase order is
required of each bidder. In
the case of a credit card
account authorization, your
account number must be entered
as part of the process of
registering to bid. If you do
not have a credit card, please
call our office at 323-851-
2008 and make arrangements to
overnight a check to our
office in order to bid.

***FULL AND FINAL PAYMENT MUST
BE MADE IN CASH, CASHIER?S
CHECK, WIRE TRANSFER OR
COMPANY CHECK (with
specifically worded bank
letter) ONLY. *** PAYMENT
MUST BE MADE, OR WIRE
INITIATED, BY CLOSE OF
BUSINESS THE DAY AFTER THE
SALE. Credit card
authorization and company
checks (not accompanied by
bank letters) are for deposit
only, and in the case of
company checks (not
accompanied by bank letters),
will be returned to you once
full payment in cash,
cashier?s or wire transfer is
made.

*If you plan on using a
company check for payment, it
MUST be accompanied by a bank
letter worded EXACTLY thus:
"This letter is being written
to confirm that {Enter name}
Bank agrees to IRREVOCABLY
GUARANTEE check number {x},
written from the account of
{buyers? name} for an amount
up to {amount higher than what
is successfully bid on at
auction}." If your bank
letter does not conform to
this template, IT WILL NOT BE
ACCEPTED.

*INTERNET BUYERS PREMIUM IS
15% OF HAMMER PRICE.

SALES TAX
ALL SALES WILL BE SUBJECT TO
LOCAL SALES TAX

Carlsbad, CA Sales Tax Rate:
7.75%

*For those doing business in
California: The only way to
be exempt from sales tax is to
furnish us with a copy of your
resale license. Simply
telling us your resale number
is not sufficient; you must
provide an actual copy for our
records. We do not keep
resale licenses on file at the
office. In addition, your
resale license must have
current information, including
the name of your company and
address. If the name and
address on your resale license
don?t match the name and
address you register with,
that license is unacceptable.

If your business card and/or
business name don?t explicitly
state that you are in the
business of buying and selling
the type of machinery you are
buying from us, we may choose
to refuse your resale license.
In other words, if you are in
the business of wood working
and you buy office furniture
at our auction, do not expect
to have your resale license
accepted. You may want to
provide us with a copy of an
ad for your company,
demonstrating that you are in
the business of buying and
selling the type of equipment
you are purchasing from us, as
proof. We reserve the right
to deny any resale license
that appears questionable.

*For those doing business
outside of California: The
only way to be exempt from
sales tax is to furnish us
with a copy of your Bill of
Lading, demonstrating that the
items purchased at auction
have crossed state lines. Do
not fax us a copy of your
state resale license;
California doesn't accept
resale licenses from other
states. Also, moving the
items across a state border
yourself doesn?t count. You
must have a common carrier
move the items, and then give
you a Bill of Lading which you
then send us a copy of.

In addition, we do not accept
documentation for crossing a
country border. If you are
shipping your items out of the
USA directly from California,
you must pay the sales tax.
If you wish to move the items
into another USA state first,
we will accept that Bill of
Lading for sales tax
exemption.

***IMPORTANT***In ALL cases,
without exception, if you
cannot furnish us with the
required tax exemption proof
BEFORE payment is made, then
you MUST pay the tax. If you
can furnish us with the
required documentation after
payment is made, but within 21
days of the sale, a refund
will be promptly issued.
There are NO exceptions to
this. If you make a wire
transfer to us, or obtain a
cashiers? check, without
including the tax and before
giving us the required
documents, you will not be
allowed to remove any
equipment until the situation
is corrected. Obviously, if
you are relying on a Bill of
Lading for tax exemption, you
will not be able to provide
copies of documents until
after the items are moved, and
so please be aware of this
rule when making payment.
Also, we remit the sales tax
we collect to the Board of
Equalization on a monthly
basis, so if you take longer
than 21 days to get tax
exemption proof to us, it will
be too late: we will not take
steps to try and retrieve your
sales tax from the Board of
Equalization once the taxes
are turned in.

***If we have any doubts as to
the veracity of tax exemption
claims, we reserve the right
to refuse tax exemption
status.***

LOT REMOVAL
Removal of lots is entirely
the responsibility of the
bidder. We do not package,
load or ship. It is up to you
to hire a rigger or otherwise
provide for the removal of
your items.

Check-out dates to be
announced by the auctioneer at
time of sale.

Equipment located at: 2045
Corte Del Nogal, Carlsbad, CA
92011

IMPORTANT: Due to buyers being
lax about removing their items
in a timely fashion, we are
implementing a $500 per day
fee for entry into the
facility every day past the
time allotted for check out.


GOOD LUCK AND HAPPY BIDDING!