Global Terms:
Larry Otten Auctioneers LLC, herein referred to as Auctioneer is conducting auctions on behalf of the property's seller. By placing a bid on auctioneers online selling site or in person, the buyer is agreeing to all terms and conditions stated hence forth or posted onsite or online. Auctioneer reserves it's right to revise terms and conditions at any time.

TERMS OF SALE:
* Everything will be sold "as-is, where is, with all it's faults known or unknown, seen or unseen".
* There is no warranty offered, expressed or implied.
* Buyer shall rely entirely on their own inspection and information.
* The bidder is responsible for knowing which item he/she is bidding on. If unsure, do not bid.
* Any information provided for item is done to the best of our knowledge and may not be 100% accurate and thus not responsible for any inaccuracies.
* Whether bidding online or in a live auction, auction company is NOT responsible for any lot disappearances prior to pickup, as always we try to prevent any theft.
* Once a bidder places the winning bid and auctioneer/online software says sold, that bidder is solely responsible for proper payment of lot(s) won, and keeping track of the lot. Auctioneer not responsible for any lot disapearances.
* Occasionally a lot will have to meet a minimum reserved price in order to sell.
* The winning bidder has effected a contract and is expected to pay for items according to winning bid placed, regardless or any unexpected computer or clerical error after that point.
* Any online credit card payment declined or onsite payment not made when due, auctioneer may at its discretion resell to another bidder at any time. Payments must be made when due.
* The Auctioneer reserves right to refuse a bid card and/or reject bids not in best interest of the seller.
* The Auctioneer reserves the right to remove an item from an auction either live or online at anytime and for any reason.
* Auction company provides no pickup or shipping services for items not located at 200 South Fm1110 Rd, Clint, TX 79836
* Absentee bids accepted, a valid U.S.-VISA/MC/DSVR/AMX must be given to be honored.
* Any invoice with a balance still owed after 4 business days following the auction is subject to penalty fees, and the maximum late fees allowed by the state of Texas.
* Auctioneers or owners make no warranties or guarantees as to genuineness, authenticity of, or defect in any lot and will not be held responsible for advertising discrepancies or inaccuracies. All sales are final, when awarded to the successful bidder. Buyer accepts full responsibility for all purchases made and holds the Auctioneer, owners, and property owners free of any liability in the event of theft or disappearances of any items purchased or consigned. Auctioneers is not responsible for any liability or damages occurred or associated with during or after the auction.
- Surplus Open Boxes : We consider these boxes have been opened and therefore unsure exactly what is inside. We will occasionally note a lot with for those bidding online only and cannot come inspect the box during our preview times that we ourselves are unsure about it and we are not responsible for the contents included or not included in the lot. Buyer beware as they say.
* All Children under the age of 18 are not advised, must be accompanied by a parent or guardian and supervised at all times.
* Smoking is not allowed in auction yard.
* All wood / plastic pallets or crates are not included in any lot sold unless verbally told by an auction employee it is.

BUYER REGISTRATION:
* There is no charge to register.
* You must register for each auction to receive a bidder number.
* Online registration require a valid debit / credit card for a payment method.
* Buyers names are to remain confidential.
* Auction company reserves the right to require a cash / credit card deposit if it believes it is in their best interest.

BIDDING IN AN ONLINE AUCTION:
Click on LOGIN or NEW BIDDER and then CREATE NEW ACCOUNT and get a user name & password. Follow instructions. Very Easy !! If you need any help email us at support@LarryOttenAuctioneers.com, or call @ 915-233-5184.

Once you are registered and have a User Name & Password, you can place bids once a lot opens for online bidding. The bids you place are FINAL and are a binding contract. Be aware that lots will close at different times and even different days and can be extended. You are responsible for monitoring these times. Bid early.

Bids can not be retracted and are a binding contract between the Bidder and Auctioneer / Seller. Bidder is accountable to be informed about property and associated costs before bidding. A maximum bid can be placed on the property. A maximum bid is confidential, and the Bidder authorizes the Auctioneer to place bids on his / her behalf up to the amount of the maximum bid. Upon the sale of such property, information and purchase amount maybe posted for a period of time. All questions or disputes must be resolved immediately; No changes or Adjustments will be made at a later date. The Auctioneer reserves the right to reopen the bidding. An Auctioneer's decisions is final.

ONSITE PAYMENTS:
* Winning Bidders will be sent an email with their UNPAID INVOICE and payment info normally within 24hrs after auction ends.
* All payments are in USD funds.
* In person payments made only at 200 South Fm1110 Rd, Clint,TX 79836
* All payments are due by 5pm (MST) the following Wednesday after auction.
* There is a 3% late payment fee per day on outstanding balances after Wednesday.
* Payments accepted Monday, Tuesday, Wednesday 9am - 5pm (MST) at Clint,TX auction facility only (address below). If M-T-W happens to be a US Holiday, then due next day
* Bank Wire Transfers, Bank ACH Transfers, WestStar Bank Branch deposits incur no Fee with us. These payments need to post to our account 1st before pickup available, typically next business day.
* New buyers for us can not use a debit/credit card to pay their invoice, a Bank Wire Transfer, ACH or Cash is required to pay the invoice.
* U.S. Debit / Credit Cards are accepted up to combined max of $3,000 with a 3.5% convenience fee.
* Invoices over $3,000.00 need to be paid by Cash, Wire Transfer, ACH Transfer, Company checks, Cashier's or Certified checks.
* Company checks, Cashier's checks, or Certified checks have a 3-4 day clearing period before pickup available.
* We will email the PAID invoice once the payment has been received & has posted to our bank account (next day).
* Out of Country Buyers must pay in Cash, Wire Transfer or ACH Transfer. No Cards or Checks.
* Auction invoices are to be paid 1st, then any possible shipping fees are to be paid separately later.
* Any Non-payments can also incur Late Payment Penalty Fee / Attorney Fee / Court fees can be added onto balance unpaid.
* The Auction company reserves the right to hold all purchases until all funds have cleared Auction Company's Bank , including partial payments.

ONLINE PAYMENTS:
* Winning Bidders will be sent an email with their UNPAID INVOICE and payment info normally within 24hrs after auction ends.
* All payments are in USD funds.
* In person payments made only at 200 South Fm1110 Rd, Clint,TX 79836
* All payments are due by 5pm (MST) the following Wednesday after auction.
* There is a 3% late payment fee per day on outstanding balances after Wednesday.
* Payments accepted Monday, Tuesday, Wednesday 9am - 5pm (MST) at Clint,TX auction facility only (address below). If M-T-W happens to be a US Holiday, then due next day.
* Bank Wire Transfers, Bank ACH Transfers, WestStar Bank Branch deposits incur no Fee with us. These payments need to post to our account 1st before pickup available, typically next business day.
* New buyers for us can not use a debit/credit card to pay their invoice, a Bank Wire Transfer, ACH or Cash is required to pay the invoice.
* U.S. Debit / Credit Cards are accepted up to combined max of $3,000 with a 3.5% convenience fee.
* Invoices over $3,000.00 need to be paid by Cash, Wire Transfer, ACH Transfer, Company checks, Cashier's or Certified checks.
* Company checks, Cashier's checks, or Certified checks have a 3-4 day clearing period before pickup available.
* We will email the PAID invoice once the payment has been received & has posted to our bank account (next day).
* Out of Country Buyers must pay in Cash, Wire Transfer or ACH Transfer. No Cards or Checks.
* Auction invoices are to be paid 1st, then any possible shipping fees are to be paid separately later.
* A 3% Late payment fee will be automatically added to any unpaid balance after 4 Business days. Any Non-payments can also incur Late Payment Penalty Fee / Attorney Fee / Court fees can be added onto balance unpaid.
* The Auction company reserves the right to hold all purchases until all funds have cleared Auction Company's Bank , including partial payments.

ONSITE BUYER'S TRANSACTION FEE, WHEN BIDDERS ARE ONSITE:
* A fee will be charged on all lots sold.
* 15% will be added on each lot unless otherwise specified.

ONLINE BIDDING BUYER'S TRANSACTION FEE:
* A fee will be charged on all lots sold.
* 15% will be added on each lot unless otherwise specified.

TITLED ITEMS:
* Texas Buyers agree to pay 6.25% Texas State Sales tax unless a current TX GDN holder, $55.00 Title fee, and new Texas Registration fees.
* Non-Texas Buyers agree to pay $55.00 Title fee.
* Titles typically mailed to the purchaser within 15-20 business days after proper settlement.
* No titles will be provided if items says "No Title".
* All titles are in buyers invoiced name, changes need to be made prior to full payment, No open titles will be given.
* A current driver's license and proof of insurance required to drive away.

PICKUP / SHIPPING:
* Lots at Clint auction yard - Last Free day to pickup / remove items is the 2nd Friday after the Saturday auction (10 M-F ) business days total before storage fees of $20 per lot per day will apply and after 30 days items deemed abandoned and forfeited.
* Auction company provides no pickup or shipping assistance for items not located at 200 South Fm1110 Rd, Clint, TX 79836
* Buyer is solely responsible to pickup, arrange for shipping or remove items from item location, Auction company bears no responsibility.
* We require both a BOL and the Buyer invoice for all 3rd Party Pickups, Info should match up.
* Add $20 Doc Fee to your invoice if a 3rd party will pickup requiring a BOL to release from auction.
* Should buyer/buyer agent book it themself, an email with BOL paperwork is needed prior. ( DO NOT schedule the pickup till we email back that item(s) are ready to go, should a pickup be scheduled prior to receiving that email, auction company is NOT responsible for any pickup fee that maybe charged for a truck coming to pickup prior to being ready).
* Buyer is solely responsible for all cost incurred to remove items won.
* Lots at Clint auction yard - Last Free day to pickup / remove items is the 2nd Friday after the Saturday auction (10 M-F ) business days total, extra day for a Holiday before storage fees of $20 per lot per day will apply and after 30 days items deemed abandoned and forfeited.
* Items not at LOA auction yard ( ex Schools, Colleges) will have a limited time to remove before forfeited and disposed of, you dont pickup within the schedule you will lose it.

* Clint Auction Office Hours: Monday - Friday 9am -5pm MST.
* Clint Auction Yard Loading Hours: Monday - Friday from 9:30am and will stop loading at 4:30pm. no loading after 4:30PM. We have forklift to help load. We close all gates at 5pm.
Saturday - CLOSED
Sunday - CLOSED

* A $20.00 per lot, per day storage fee will be due on items not picked up in time allowed, Buyer is responsible for contacting auction representatives and making other arrangements to pickup their items won if they think they will need additional time, we are happy to work with those needing shipping.
* NO items allowed to leave Auction site until all fees are paid in full.
* Buyer must present a PAID invoice before items can be removed. A $10 fee per invoice number will need to be paid by a buyer before a copy will be printed or emailed. Buyer is responsible for keeping track of their paid invoice.
* NO items allowed to leave Auction site until a Live Auction concludes or permission has been given.
* (13) day maximum before storage fees will apply and after 30 days items deemed abandoned and forfeited to be disposed of or resold per TX state laws.

SHIPPING:
* Auction company provides no pickup or shipping services for items not located at 200 South Fm1110 Rd, Clint, TX 79836
* Buyer is solely responsible for all cost incurred to remove items won.
* We can help arrange to ship larger items via Hotshot using our freight broker, or LTL Freight to addresses in the USA ( lower 48 states only).
* Should buyer/buyer agent book it themself, an email with BOL paperwork is needed prior. ( DO NOT schedule the pickup till we email back that item(s) are ready to go, should a pickup be scheduled prior to receiving that email, auction company is NOT responsible for any pickup fee that maybe charged for a truck coming to pickup prior to being ready).
* There is a $20 administrative fee per shipment using a BOL.
* There is a $10 fee per pallet for us to provide for shipping.
* There is a $10 fee per pallet to strap when needed to ship.
* There is a $10 fee per pallet to shrink-wrap when needed to ship.
* There is a $20 fee per BIG gaylord box when needed to ship.
* Pickup is Free.


OUR LOADING / UNLOADING POLICY:
* Auctioneer is not responsible for loading or unloading equipment or the securing of any loads.
* Auctioneer is not responsible for verifying that equipment being transported to/from the auction yard is properly secured or being carried in compliance with applicable transportation laws and regulations.
* Auctioneer will not load and/or unload self-propelled equipment under any circumstances.
* At its own discretion, Auctioneer. may (under the direction of the driver) help load and/or unload stationary equipment from a truck, trailer or container, when a loader or forklift is required.
* Loading and unloading of equipment is only permitted during daylight hours.
* Access to and from the auction yard is only permitted through the designated truck entrance.
* Auctioneer will not provide delivery receipts; however, if confirmation of delivery is required, Auctioneer can sign a bill of lading to confirm receipt only.

RISK OF INJURY:
Bidder acknowledges that an auction site is a potentially dangerous place and shall be deemed to be there at his/her own risk. No person shall have any claim against the Auctioneer, owners, their agents, employees or principals for any injuries sustained or for damages to or loss of property which may occur from any cause what so ever. Bringing children is not advised and must be monitored by an adult.

* Larry Otten Auctioneers LLC reserve the right to update, or make changes to, our "terms and conditions" without prior notice.

Larry Otten Auctioneers LLC provides monthly online Public Auctions in West Texas for various sellers: City / County / State / Lenders / Commercial / Personal / School Districts / Colleges and Law Offices: for Construction Equipment, Restaurant Equipment, Building Materials, Computer Equipment, Contractor Tools, Trucks, Trailers, Agricultural Equipment, School / College Surplus, Big Box Retail Store Overstock, Public Consignment and more.