Auctions First Terms and Conditions of Sale:

NO WARRANTIES – Everything is sold “AS IS / WHERE IS” with no warranties, representation or guarantees expressed, implied, or otherwise given. ALL SALES ARE FINAL. You are responsible for your own inspection during inspection periods. NO REFUNDS WILL BE GIVEN

AUTO EXTEND/STAGGERED ENDING – Auction will not end until all parties are satisfied. If any bids are placed within the last 5 minutes of the auction, the bid on lot(s) will extend for 5 minutes. The bidding will extend in 5 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 5 minutes. Active lots will remain open until there are no bids on that lot for five minutes. Also, this auction has a STAGGERED ENDING where 10 lots will close every 2 minutes.

SALES TAX – Sales tax will be charged and collected on all purchases, as required by appropriate state/local laws. Sales tax exemption number, where applicable, must be presented at the time of bidder registration. To qualify for any available exemption, buyer must sign any required form.

ADDITION TO OR WITHDRAWAL FROM SALE – The auction company reserves the right to withdraw from sale any of the items; to sell at this auction items not listed; to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. The auction company also reserves the right to sell all of the items listed in bulk.

PAYMENT – Payment may be made by Visa, MasterCard, Amex, Discover cards or Wire Transfer. Business or personal checks will be accepted ONLY with a Bank Letter of Guarantee. No exceptions!

DISPUTE BETWEEN BIDDERS – If there is any dispute between two or more bidders, the auction company or its’ auctioneer, may decide the successful bidder, or may resell by immediately putting the lots up for sale again. The decision of the auction company, or its’ auctioneer, shall be final and absolute.

CONDITION OF ITEMS SOLD – AUCTIONS FIRST has put forth every effort to make accurate description of the items. Printed or verbal statements made by staff are matters of opinion and are made in good faith All information is believed to be accurate, but the auction company shall not be responsible for the correct description, authenticity, genuineness of, or defect in, any lot, and makes no warranty in connection therewith. No allowances will be made or sale set aside because of any incorrectness, error in cataloging or any imperfection not noted. No deduction will be allowed on damaged articles as all goods being exposed for public exhibition are sold “as is” and without recourse.

BIDS – Bids will not be accepted unless accompanied by credit/debit card number, which will be verified for your maximum bid amount and applicable Buyer’s Premium prior to the sale. Buyer may deliver to auction company 48 hours prior to sale, maximum bid amount in certified funds, to be refunded in full if Buyer does not gain the successful bid. Said bids are subject to all terms and conditions of sale as listed herein or announced at the auction sale. When a bid for all goods in its’ entirety is offered, the highest price gained for the goods will be considered the successful bid and all other bids on separate items shall be considered unsuccessful.

OWNERSHIP – All items become the sole responsibility of the purchaser when auctioneer confirms your number as successful bidder. Although the auction company will exhibit reasonable care to safeguard purchases until removed by purchaser, no refunds or adjustments will be allowed for any shortages.

REMOVAL – Removal of purchased items shall be at the expense, liability, and risk of the purchaser. Purchases can be removed upon presentation of paid receipt to Auction Staff. Dates/Removal Times: Wednesday, DECEMBER 18, 2019. Upon failure of purchaser to remove goods within time specified as posted or announced, Auction Company shall have the option of removing and storing the goods at expense and risk of the purchaser or deeming purchases forfeited. If purchases are determined to be forfeited, Auctions First may resell without notice at public sale or otherwise dispose of goods at risk and expense of purchaser. Purchaser shall remain liable for loss, expense, and damages arising from the purchaser’s default. ITEM PICK-UP: Proof of full payment for items is required. Any items left after the specified Pick-Up date will be considered forfeited. It is the Buyer's responsibility to dismantle or disconnect any/all furniture, equipment, etc. Please bring packing and moving materials as none will be provided.

NON-DELIVERY RESPONSIBILITY & ABANDONMENT – Purchaser is responsible for removal of all their purchased items. No abandonment of purchased items is allowed. Purchaser will be responsible to pay the full cost of removal or disposal of abandoned items. Auction Company shall not, in any event, be liable for non-removal or abandonment, or for any other matter to any purchaser of any lot.

PERSONAL AND PROPERTY RISK – Persons attending during exhibition, sale, or removal of goods assume all risks of damage or loss to person and property and specifically release and indemnify the auction company from liability therefore. Neither the auction company nor his principal or seller shall be liable by reason of any defect in, or condition of, the premises in which the sale is held.

RECORDS – The record of sale kept by the Auctions First and bookkeeper will be taken as final in the event of any dispute.
THE BUYER does hereby assume and does agree to indemnify and hold the auction company and seller harmless from any future claim that shall pertain to the fitness or use of that asset as being purchased.

BUYER’S PREMIUM – An 10% Buyer’s Premium will be added to the final bid price for all purchases made.
We encourage you to inspect the items in person. If purchases are not settled within 3 business days of the close of the auction,
it is in default. Upon default the bidder will be blacklisted on Auctions First auctions as well as Mark Net auctions and will be charged for the merchandise. Defaulted items will be forfeited back to the owner or Auctions First.

SHIPPING: AUCTIONS FIRST DOES NOT SHIP: Auctions First will be pleased to provide a list of shippers and packers or you can have your own shipper handle your purchases. Auctions First can help in arranging the shipping of small items using either USPS, FEDEX, or UPS. Please contact the shipper of your choice to arrange for packing and pick up your items. Your items will be released as soon as payment cleans our bank. We request that your shippers schedule pick up times at least 24 hours in advance, this will insure no delays in pick up, and release of your purchases. The Buyer will be solely responsible for remitting payment for any/all shipping costs directly to the Auction Company including: pick-up fees, postage fees, packing, handling, tracking & insurance, crating fees and any other associated costs. Packing, shipping and insurance costs will be quoted before shipping, if possible. Your credit card will be charged separately for the cost of shipping materials and shipping.

First Lot Begins to Close: December 16th, 2019 at 6:00 P.M. Central Time Preview Days: Thursday, December 5th; Thursday, December 12th; Friday,December 13th; and Monday, December 16th between the hours of 10:00 a.m. to 2:00 p.m. or by appointment. Removal: Wednesday, December 18th, 2019 between the hours of 9:00 A.M. - 5:00 P.M. *All purchased items must be removed by this deadline or subject to forfeiture. Auction Address: Flannigan Electric Company, 1820 South West Street, Jackson, MS 39201 Payment: Accepted methods of Payment are Cash, Cashier's Check or pre-approval of Personal/Business Check, Visa, Mastercard, or Discover, or Wire Transfer. Business or personal checks will be accepted ONLY with a Bank Letter of Guarantee. Credit Cards have added 3% processing fee