General: These sales terms are governed by the laws of the jurisdiction in which the asset(s) are located. By participating in the auction, the Buyer acknowledges and agrees to be bound by these sales terms. These sales terms are the only terms which govern the sale of the asset(s) by Seller to Buyer.
Asset Condition: All assets are sold "as is, where is" without any warranties or guarantees, either express or implied. The Seller makes no representation or warranty as to the condition, functionality, or suitability of any asset for any particular purpose. The Buyer acknowledges and agrees to the Inspection Terms. See Inspection Terms for details.
Asset Pickup: Unless otherwise stated in the Removal Terms or confirmed in writing by a duly authorized representative of the Seller, if assets are not picked up within 14 days of making payment, the Buyer forfeits rights to the asset(s) and all monies paid, and no refunds will be provided. Seller is entitled to resell or dispose of abandoned asset(s) at their sole discretion.
Transfer of Title: The legal title and the risk of loss of the purchased asset(s) shall transfer from the Seller to the Buyer at time of pick up of asset(s).
Liability: The Seller shall be indemnified and held harmless from and against all claims, damages, losses, and expenses, arising out of or resulting from the sold asset(s). The Buyer acknowledges and agrees that upon pickup of the asset(s), the Buyer assumes all risk, responsibility, and liability for the asset(s), their transportation and their use.
SELLER MAKES NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE ASSET(S), INCLUDING ANY (A) WARRANTY OF MERCHANTABILITY; (B) WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE; (C) WARRANTY OF TITLE; OR (D) WARRANTY AGAINST INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS OF A THIRD PARTY; WHETHER EXPRESS OR IMPLIED BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE OF TRADE, OR OTHERWISE.