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Before You Bid Check Out The Helpful Information Below: 15% Buyer’s Premium ($1 minimum) MUST BE 18 TO BID We Do NOT Ship Merchandise! Removal/Pick-Up: Strict Removal- In-House, By appointment only on Wednesday, 11/4 from 9am to 4pm. Winning Bidders will receive an emailed invoice with a link to make an appointment. The location will be listed for each auction and provided in the email and invoice. Payment: Winning Bidders are charged within 24 hours of an auction closing. Double-check your emailed invoice to make sure it is paid; if a balance is due please follow the link to pay PRIOR to making an Appointment for Pick-Up. Please be sure to let us know if you intend to pay with cash or certified check. Tax Exemption: Cash Auctions will no longer be accepting Tax Exemption Certificates. We will not be refunding tax on any invoices; we will ONLY be accepting tax exempt forms for Exempt Organizations (Non-Profits, ST-119.1) and Automotive/Car Dealerships (ST-120 for Vehicles). All other purchasers will be charged the appropriate sales tax regardless of exemption status- If you believe your purchase is tax exempt you can complete an AU-11 on the NYS Department of Taxation & Finance Website for a refund. Helpful Terms: Maximum Bid- This is the MOST you are willing to pay for an item (before Buyer’s Premium/Tax); It is your Best Bid. The site uses this Max Bid to automatically bid (up to your Max) against others that are bidding on the same item. This allows you to place all your bids in advance if you are unable to or do not wish to watch the Lots as they close. Soft/Extended Close- As a lot is closing, if a bid is placed in the Final 2 Minutes, the closing time will restart the countdown from 2 Minutes. This is to prevent “Bid Sniping” and will allow someone who is outbid a chance at rebuttal. Staggered Lots- Lots in our auction will not all close simultaneously at the listed end time. Instead, they will begin to close at a rate of "x" (usually 3 or 4) lots per minute, depending on how many lots are in the auction (Vehicle Auctions will close at a rate of 1 lot per 2 minutes). The closing time for each lot can be seen counting down, at all times. We always try to make sure an auction will be complete within 2 hours of the initial closing time. Contact: You can reach our office at 716-AUCTION (282-8466). Calling/Texting hours are Monday through Friday from 9 am to 4 pm. If you have any questions, feel free to email us at [email protected] Sale Will Be Made To The Highest Bidder Subject To The Following Terms: 1. NOTICE- You must be over the age of 18 to bid. By placing a bid, you are entering into a legally binding and enforceable contract. Once a bid has been placed you are agreeing to be bound by the following terms and conditions set forth by Monahan Real Estate & Development LLC dba Cash Auctions (also described as "Auctioneer"). Cash Auctions shall not be held responsible for failure to read these terms. 2. RIGHTS OF AUCTIONEER- The auctioneer reserves the right to reject any and all bids up until the lot(s) have been removed from the premises. On lots upon which there is a reserve, the auctioneer will have the right to bid on behalf of the seller. The record of sale kept by the auctioneer and bookkeeper will be taken as final in the event of any dispute. The auctioneer and auction firm are acting only as agents and are not responsible for the acts or statements for the principles. 3. REGISTRATION OBLIGATIONS: In order to bid on each Auction a user is required to register & agree to our terms. Out-of-State Bidders (bidders from outside New York State) will need manual approval to bid- If outside of NYS, you are required to call our office in order to register; you will NOT be able to register for an auction the day-of (same day an auction closes). In consideration of your use of the Service, you agree to: a. Provide true, accurate, current, and complete information about yourself as prompted by the Service's registration form (such information being the "Bidder Information") b. Maintain and promptly update the Registration Data to keep it true, accurate, current, and complete. If you provide any information that is untrue, inaccurate, not current or incomplete, or Cash Auctions has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, Cash Auctions has the right to suspend or terminate your account and refuse any and all current or future use of the Service (or any portion thereof). c. $1.00 deposit credit card verification. The card will NOT be charged; it is a "snapshot" to prevent fraud and is used to verify the cardholder's information. Please be assured that no amount is withdrawn at this time even though you may see a $1 transaction on your card/account. Cash Auctions is partnered with Authorize.net, to accept credit cards safely and securely for our customers. For additional information regarding the privacy of your sensitive cardholder data, pl