Auction Terms & Conditions

1. Auction Terms. From this point forward in this document Worldwide Diversified Associates LLC. D/B/A Worldwide Diversified Auctions will be recognized or known as WDA.

A. All bids on both, live and timed auctions, are binding. Once placed, a bid cannot be retracted. Online bidding is to be understood as a binding contract. Bids will be taken with the understanding that the bidder will honour their winning bid with sufficient funds in the specified time frame. Bidding shows intent to pay for the amount of bid plus the buyer's premium. Notification of the winning bid will be made following the close of auction within 1 business day after the consignor accepts the offer.

B. The bidder with the highest bid above reserve, if any, shall be deemed the winner of the auction, and be known as the "buyer." Consignor and the agent for WDA retain the right to refuse the buyer's bid at the end of the auction.

C. All sales are final. At knockdown, all items become the complete responsibility of the buyer or bidder. It is the responsibility of bidder to insure item from auction. All liability for item becomes bidders responsibility at auction close.

D. A 10% buyers premium shall be charged on all online and floor purchases. There will be an additional fee for credit cards if used.(3%) We reserve the right to refuse payment by credit cards at our discretion.

E. Any and all applicable sales taxes are the sole responsibility of the buyer. Depending on whether or not the piece is in the state of Florida or another state. Buyers who are exempt from sales tax shall provide WDA a copy of their valid Florida State Sales Tax document that allows them to be excluded from State Sales Tax liability. This document must submitted prior to the auction and before taking possession of their item(s). Tax is 8.5% on items sold in Florida. This includes County taxes. No exceptions!

F. All payments must be made in full by bank wire transfer by end of next business day of sale. Company or personal checks are not accepted. No transfer of property will happen until funds clear and verification of item sold is proven factual. No exceptions. This is done to make sure all parties are protected from fraud.

G. Failure to pay for any item purchased or won at auction shall result in forfeiture of all funds deposited by buyer into the WDA escrow account. No exceptions. Average deposit to participate in a specialty action is 10% based on national comparable pricing of similar items.

H. Failure to remove purchased items from their location within 10 business days will result in buyer being assessed a $100 per day storage fee.

I. Fees for licensing and any additional taxes are to be paid by the winning bidder. No exceptions.

2. Dispute Resolution

A. Buyer shall have 48 hours from close of auction to verify the condition of any item or lot buyer has won. Verification must be through a certified inspector based on type of item. This cost is paid by buyer only. Any and all information resulting from this inspection shall be shared with WDA.

B. All disputes over actual vs. advertised condition must be documented.

C. Any claims or disputes raised by the buyer shall be mediated by WDA, which shall have the final judgement and/or dissension. Proper due diligence is the responsibility of buyer. (We recommend using "WWW.WEGOLOOK.COM". ) No exceptions.

3. Indemnification

A. Vendors supply WDA with images and descriptions of each item they place at auction through the company. WDA shall not be responsible for any mistakes, omissions or misrepresentations made by vendors, including but not limited to authenticity, genuineness, origin, age, condition or quality of any item WDA sells in auction.

B. All representations made by WDA shall be considered lay opinions only, exempt from liability in all cases. No exceptions.

C. All items are sold "AS-IS" and "WHERE-IS," with or without any and all faults. No warranties or guarantees will be made, either expressed or implied, by WDA that the property is merchantable or fit for any purpose.

4. Terms and conditions apply to any and all bidders or clients of Worldwide Diversified Associates LLC. D/B/A Worldwide Diversified Auctions before, during, and after any transaction and/or event. This includes all bidders generated from WorldwideDiversifiedAuctions.com,Hibid.com, or other types of software platforms associated with WDA auctions. This includes all purchases no matter the origination source. This also includes all lots that may be removed from auctions or our inventory or outside sources. ( "AS-IS" "WHERE -IS" NO WARRANTIES OR GUARANTEES APPLIED!) No exceptions.

5. Worldwide Diversified Associates LLC. D/B/A Worldwide diversified Auctions reserves the right to change our terms and conditions at any time.

6. Consequences of Defaulting on Your Purchase
If you default on your obligation to purchase the property by the payment deadline, then: (1) you agree to forfeit or pay the amount of the sale deposit to the plaintiff or judgment creditor who requested the sale of the property and further agree that such an amount is reasonable to cover the costs of your default, (2) you agree to the issuance of an order vacating the sale of the property, (3) you agree to pay damages to the plaintiff or the judgment creditor who requested the sale of the property in an amount equal to the difference between your contract price and the contract price at a subsequent sale of the property,(4) you agree to pay 3x three times the Buyer's premium to Worldwide Diversified Associates, LLC, (5) you agree to waive your right to litigation or dispute the amount owed due to default. You also acknowledge that your eligibility to use the website may be suspended or terminated. These consequences of default are in addition to any other remedies provided by law; you may be subject to other consequences not described in this agreement, (6) all litigation will be handled in the Lee County court systems, Lee County, Florida, USA, (7) you agree to pay for all associated attorney's and legal processing fees in conjunction with the default.

7. Binding Auction Agreement
The terms and conditions set forth in this agreement apply to the auction of the property identified on the property details page. Participation in the auction of the property indicates intent – and results in agreement – to be bound by the terms and conditions of this agreement.

8. For Boat Auctions Only
By registering for the auction you authorise Worldwide Diversified Associates, LLC to act as your buyer's agent for any and all vessels which are currently listed for auction as well as for any vessel found through Worldwide Diversified Associates, LLC. Registering serves as a binding buyer's agent agreement. Violating this clause or attempting to circumvent this clause will result in a penalty of $3000.00 three thousand dollars, or 30% of the total price of the vessel, whichever amount is greater. You may opt out of this clause by sending a certified letter to the business office of Worldwide Diversified Associates, LLC, requesting to terminate the buyer's agent agreement.

We are happy to answer any questions and provide additional information including vin check. We require that you first register for our auction before we disclose additional information. By registering you are not obligated in any way. The minimum opening acceptable bid is stated in red in each listing. Financing options are available through the consignor for individuals that qualify.