Absentee Bid Form
DEMOTT AUCTION CO., INC.
(800) 985-5699, Fax (229) 985-0754, E-mail sales@demottauction.com
ABSENTEE BID / REGISTRATION AGREEMENT
Please print this form, complete ALL information and FAX to (229) 985-0754
Company Name:__________________________________________________________
Individual Name:_________________________________________________________
Address:________________________________________________________________
Telephone Number:(___) __________________Fax:(___)_________________________
E-mail:_____________________________________
PAYMENT DUE WITH 1 BUSINESS DAY BY WIRE TRANSFER TO:
Buyer’s Bank Name: __________________________________________________
Bank Telephone Number:_______________________________________________
Bank Address:________________________________________________________
Bank Officer:_________________________________________________________
Account #:___________________________________________________________
SALE TERMS
1. NO WARRANTIES: All property is bing sold, AS IS, WHERE IS, and with all faults. There are no warranties, representations or guarantees, express or implies, as to the quality, character or condition of any of the property. The implied warranty of merchantability is expressly disclaimed. There is no warranty of fitness for a particular purpose. Auction Buyers shall not be entitled to any adjustment or allowance, recession, damages or any other remedy or claim on account of the quality, character or condition of any property purchased.
2. INSPECTION: The Buyer agrees to rely exclusively on his pre-auction inspection of the property.
3. RISK OF LOSS: The Buyer takes delivery, takes full responsibility and assumes all risk of loss for all property purchased from the time the Auctioneer accepts the Buyers offer (bid).
4. EQUIPMENT REMOVAL: Except as otherwise stated on the Auction Invoice, the Buyer agrees to remove all purchased property from the Auction Site in accordance with Auctioneer’s removal terms.
5. SETTLEMENT: The United States and the State Laws and Penalities for failure to settle and pay shall apply. The Buyer agrees to make complete settlement on all purchases by wire transfer within 1 business day from the date of the Auction.
6. DEPOSIT: A deposit of 25% of the total bid is enclosed. If my bid is successful, the balance will be sent by wire transfer to DeMott Auction Co., Inc.. If the bid is unsuccessful, the deposit check will be voided and returned to the Buyer.
ABSENTEE BID
(Please bid on the item(s) listed below. Attach Additional Sheet If Needed)
Auction Name: ___________________________________ Date:______________________
Location: _________________________
* * * $2,000 Minimum Bid Per Item * * *
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Auctioneer will attempt to handle the above bids under the terms of the Registration Agreement as a Courtesy to the bidder, but bidder acknowledges that communication limitations on Auction Day may prevent Auctioneer from presenting the above bid.
The undersigned Buyer has read and agrees to comply and be bound by the sales terms as set forth above on this Registration Agreement.
SIGNED BY: _____________________________________________ DATE: ______________ TITLE: ___________________________________
IF DEALER, PROVIDE SALES TAX #_________________________________________
RETURN BID TO FAX # (229) 985-0754
NOTE:
Please call (800) 985-5699 or (229) 985-4565 to verify receipt of your bid(s)!
Revised 07/30/2002
