.
Terms and Conditions for Online Only Farm Machinery Auction<br>
<br>
1. A Buyer’s Premium of 10% is added to the high bid. Please take this into consideration when bidding. <br>
2. All purchases must be paid for in U.S. funds at load out. Cash, MasterCard/Visa or good personal checks are accepted.<br>
3. If paying by check, buyers not personally known by the Auction Co. must present an irrevocable letter of guarantee from issuing bank, guaranteeing payment to Sheridan Realty & Auction Co; or arrange to leave equipment at auction site until check clears issuing bank.<br>
4. The Auction Company reserves the right to contact issuing bank to verify funds if the Auction Company deems it necessary. The auction company reserves the right to hold the purchased item(s) until funds are credited to Auction Company bank. <br>
5. No item is to be removed from the auction site until full settlement arrangements have been made.<br>
6. All titled vehicle buyers will be required to pay 6% Michigan sales tax, $15 title fee, and $75 broker administration fee. Buyers choosing not to license their vehicle must haul or tow vehicle from auction site. <br>
7. There may be reserves on some of the equipment. Auction Company reserves the right to confirm the sale with the seller, or bid on behalf of the seller if necessary. <br>
8. If a reserve is known, some items may have a box with a red “R”, which will turn green once the reserve is met. <br>
9. All Sheridan Realty & Auction Co. Online Only Auctions are timed events that have an auto-extend feature. Any bid placed on an item within 5 minutes of the auction ending will automatically extend the auction for 5 minutes on that item. Example: If an auction scheduled to end at 6:00 pm receives a bid at 5:59 pm, the close time of the auction automatically extends to 6:05 pm. The auto-extend feature remains active until no further bids are received within the 5 minute time frame. <br>
10. All equipment sold AS IS, WHERE IS with all faults and without warranty expressed or implied. It is your responsibility to inspect the items prior to bidding on them. Auction Company and/or consignors not responsible for accidents after items are sold. <br>
11. Please inspect all equipment to your own satisfaction. <br>
12. All sales are FINAL – no refunds.<br>
13. All sales are subject to 6% Michigan sales tax.<br>
14. Any and all announcements on auction day will take precedence over any and all printed material.<br>
15. Not responsible for accidents on auction day or accidents involving machinery or items after sold.<br>
16. Items must be removed at load out unless other arrangements have been made.<br>
17. If you do not come to the load out, we reserve the right to charge your credit card for the high bid price, plus buyer premium and any other fees associated with the item. <br>
<br>
<br>
BY BIDDING ON AN ITEM YOU ARE AGREEING TO THESE TERMS.
<br>
1. A Buyer’s Premium of 10% is added to the high bid. Please take this into consideration when bidding. <br>
2. All purchases must be paid for in U.S. funds at load out. Cash, MasterCard/Visa or good personal checks are accepted.<br>
3. If paying by check, buyers not personally known by the Auction Co. must present an irrevocable letter of guarantee from issuing bank, guaranteeing payment to Sheridan Realty & Auction Co; or arrange to leave equipment at auction site until check clears issuing bank.<br>
4. The Auction Company reserves the right to contact issuing bank to verify funds if the Auction Company deems it necessary. The auction company reserves the right to hold the purchased item(s) until funds are credited to Auction Company bank. <br>
5. No item is to be removed from the auction site until full settlement arrangements have been made.<br>
6. All titled vehicle buyers will be required to pay 6% Michigan sales tax, $15 title fee, and $75 broker administration fee. Buyers choosing not to license their vehicle must haul or tow vehicle from auction site. <br>
7. There may be reserves on some of the equipment. Auction Company reserves the right to confirm the sale with the seller, or bid on behalf of the seller if necessary. <br>
8. If a reserve is known, some items may have a box with a red “R”, which will turn green once the reserve is met. <br>
9. All Sheridan Realty & Auction Co. Online Only Auctions are timed events that have an auto-extend feature. Any bid placed on an item within 5 minutes of the auction ending will automatically extend the auction for 5 minutes on that item. Example: If an auction scheduled to end at 6:00 pm receives a bid at 5:59 pm, the close time of the auction automatically extends to 6:05 pm. The auto-extend feature remains active until no further bids are received within the 5 minute time frame. <br>
10. All equipment sold AS IS, WHERE IS with all faults and without warranty expressed or implied. It is your responsibility to inspect the items prior to bidding on them. Auction Company and/or consignors not responsible for accidents after items are sold. <br>
11. Please inspect all equipment to your own satisfaction. <br>
12. All sales are FINAL – no refunds.<br>
13. All sales are subject to 6% Michigan sales tax.<br>
14. Any and all announcements on auction day will take precedence over any and all printed material.<br>
15. Not responsible for accidents on auction day or accidents involving machinery or items after sold.<br>
16. Items must be removed at load out unless other arrangements have been made.<br>
17. If you do not come to the load out, we reserve the right to charge your credit card for the high bid price, plus buyer premium and any other fees associated with the item. <br>
<br>
<br>
BY BIDDING ON AN ITEM YOU ARE AGREEING TO THESE TERMS.