If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Duplicate bidder accounts will be deactivated when they are determined to exist. The payment is punitive and meant to deter no-shows.
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In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. Items with a reserve will not be sold unless the reserve price has been met.Īt the close of the auction, active items will remain open until no bids have been received for three minutes.Īpplicable sales tax will be collected by the affiliate managing the auction. Sellers and their agents are prohibited from bidding on their own assets.
Once a bid is placed it cannot be retracted. Failure to comply with removal terms may result in bidding privileges being disabled. You are responsible for inspecting items prior to purchase.īidders are responsible for knowing and complying with auction terms. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).Įvery auction item is sold “as is, where is” with no guarantees or warranties. Bidders are strongly encouraged to inspect prior to placing bids. Inspection dates/times are available for every auction. Bidders are responsible for bids placed on their account.
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Bidders MUST NOT share their password or account information with anyone. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.īy placing a bid on, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the website terms and the auction specific terms. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s role in the auctions listed on is limited to providing the venue for affiliate auctions. serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders. (K-BID) is responsible for maintaining the website. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements. This auction is contracted and managed by an independent affiliate. Items that are not PAID with a credit card over the phone or other means by the end of the pickup date will be considered no show and abandoned. Please contact NORDEAST RESALE at 61 with any questions prior to bidding.
If a winning bidder pays the invoice in full, but does not take possession of the assets immediately during the removal day, ownership and risk of loss will still transfer to the bidder upon payment. At the time the winning bidder pays the invoice in full, ownership of the asset and risk of loss passes immediately to the bidder. NORDEAST RESALE LLC, and / or removal location owner are not liable for injuries or damage during removal.
This is not a retail store.īuyer is responsible for all loading and rigging and must bring sufficient help and equipment to load. Once we pay our sellers we cannot make adjustments. If we feel a refund is in order, item will need to be returned to us within one week of removal. If you feel a item was not listed properly, you have one week to make your case. We accept Cash, All Major Credit Cards either in person or by phone, PayPal, Cashier's Checks, Money Orders, Personal Checks under $100.00 with ID.Īny removal out of our SCHEDULED REMOVAL TIMES will be subject to a MINIMUM $20.00 transfer charge. **Items that are not PAID with a credit card over the phone or other means by the end of the pickup date will be considered no show and abandonedĪuctioneer, NORDEAST RESALE, and / or removal location owner are not liable for injuries or damage during removal. **Buyer is responsible for all loading and rigging and must bring sufficient help and equipment to load.
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