BUYER’S
PREMIUM & SALES TAXES
A
15% Buyer’s Premium will be charged to all buyers on
every purchase. Lone Star Auctioneers, Inc. will not refund
or reimburse the buyer’s premium on any item based on
errors and/or omissions of the appraisal.
California
state sales tax will be collected from all buyers who do not
complete appropriate resale documentation upon registration
for the auction and prior to making purchases.
REQUIRED
DEPOSIT: All persons desiring to bid online at this
auction are required to complete the
Terms
& Conditions and send a Cashiers Check in
the amount of $1000 made payable to:
Lone
Star Auctioneers, Inc.
4629 Mark IV Parkway
Fort Worth, TX 76106-2295
no later than, Noon - Wednesday, May 26, 2004.
No online bidders will be approved until this deposit is received.
This deposit is fully refundable or will be applied to online
purchases at this auction only. We strongly urge bidders to
overnight their deposits so that we receive them no later
than the deadline. The sooner you get your deposit in, the
sooner you will be approved to bid absentee and on-line. Although
bidders can submit absentee bids prior to approval, those
bids will not be executed until we receive your deposit. The
Cashiers Checks will not be cashed unless a winning bid is
submitted by that bidder. All Cashiers Checks from unsuccessful
bidders will be returned within two business days after the
auction.
WINNER NOTIFICATION:
Successful bidders will be notified immediately after the
auction. Full payment from on-line bidders MUST be in the
form of Cashiers Check. All payments for on-line purchases
MUST be received in our office NO LATER THAN Tuesday, June
4, 2004. Any bidder(s) who do not pay for their on-line purchases
will not be allowed to register or participate in any future
auctions conducted by Lone Star Auctioneers, Inc.
Payment
must be made in full by cashiers check or check with an original
bank letter of guarantee which reads:
Lone
Star Auctioneers, Inc.
4629 Mark IV Parkway
Fort Worth, TX 76106-2295
______________
is a customer of this bank. This bank will guarantee
unqualified payment to Lone Star Auctioneers,
Inc. on account # __________ up to the amount
of $ __________. No stop payment will
be issued regarding this transaction. This letter expires
June 11, 2004. @ (Expiration may be
later, but must not be earlier than this date.)
______________________(signed),
_________________(title)
_____________(date) |
and
must be received in our office at 4629 Mark IV Parkway, Fort
Worth, TX 76106 no later than close of business (5PM
Central Time) on Friday, June 4th. Any bidder(s)
who do not pay for their on-line purchases will not be allowed
to register or participate in any future auctions conducted
by Lone Star Auctioneers, Inc.
INSURANCE, SHIPPING AND HANDLING:
Insurance will be calculated at $1 per $1000 coverage,shipping
will be at $2.50 per pound packaged weight with a $25 minimum
fee per buyer for handling.
SALES TAX: California state sales tax 7.25%
will be collected from all buyers who do not complete appropriate
resale documentation upon registration for the auction and
prior to making purchases.
Texas State Sales tax of 8.25% will be collected from all
taxable buyers taking possession of their purchases in Texas.
ACCEPTANCE
OF TERMS:
All persons participation in the on-line bidding agree to
and accept these terms and conditions unequivocally and without
exception.
All
participants hereby agree and accept that neither Lone Star
Auctioneers, Inc. nor Bidspotter.com will be held responsible
for a failure to execute a bid on behalf of any participant(s)
for any reason whatsoever.
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