J & L Thread Grinding LIQUIDATION Auction

Terms

IMPORTANT! PLEASE READ----Cash, approved check, Visa, M/C, American Express, Discover, or Debit. 15% buyer's fee. 2% discount for cash, check, or Debit. Purchases requiring shipping must be paid by credit card.

This was a working shop until recently so if you don't have electrical expertise, you will need to hire a qualified electrician to unhook any equipment that is still hooked up. Buyers are responsible for the moving, packing, boxing and loading of all items purchased. This means providing your own riggers, forklift, lowboy forklift trailer, vehicle, packing materials, boxes, bags, and labor/help to load your own vehicle. The majority of the tools and equipment in this shop are heavy and/or oily due to the work environment. Please attend one of the auction previews to understand what you will need to pickup your item(s) if you are a winning bidder. Beloit Auction cannot provide or ensure assistance for the loading of your items.

1.You must be registered in order to bid. 2. All items are sold 'As is- Where is' with no guarantees of any kind. All sales are final and no returns are allowed for any reason. 3. All invoices must be paid in full by on Saturday, March 24 by 12 noon. If you have not picked up your items by this date and time, the credit card that you used to register your online account with will be charged. If for any reason payment is unable to be processed with this card your account will be suspended. To reinstate your account, full payment for your outstanding invoice, a $20 service charge and any other applicable charges or fees must be paid. Cash and Credit Card are the only accepted methods of payment. 4. Anyone caught tampering with tags, merchandise or shoplifting will be prosecuted to the fullest extent possible. 5. Beloit Auction will not be held responsible for any inconsistencies in description announced or printed, therefore buyers are responsible for inspecting all items and deciding for themselves if the item they have seen is what they want to buy. 6. According to Federal Uniform Commercial Code (UCC 2-238) At the closing of each auction item there is a legal binding contract for the purchase of the item and the buyer shall be responsible for safeguarding their purchased items from the public such as during pick-up time. Beloit Auction recommends being on site as quickly as possible. 7. This was a working shop until recently so if you don't have electrical expertise, you will need to hire a qualified electrician to unhook any equipment that is still hooked up. Buyers are responsible for the moving, packing, boxing and loading of all items purchased. This means providing your own riggers, forklift, lowboy forklift trailer, vehicle, packing materials, boxes, bags, and labor/help to load your own vehicle. Beloit Auction cannot provide or ensure assistance for the loading of your items. 8. Beloit Auction staff reserve the right to bid on and purchase merchandise. 9. All items must be picked up at the specific times stated above per the Terms and Conditions. The real estate has been sold and everything needs to be picked up during these days/times - call and speak with David Allen (608) 333-4586 if you have any questions. 10. There is a 15% buyers premium added to the hammer price of all lots. 11. All of our online only auctions are conducted using staggered closing times. That means every minute a select number of lots will close. The closing of an item means it is a scheduled time that bidding should end on that particular lot. This auction is scheduled to close 3 items per minute. 12. All of our online only auctions are conducted using a soft close. This means even if an item is scheduled to close at a particular time, if someone places a bid in the last two minutes, two minutes will be added to the scheduled close time for that particular lot. The time extension will continue to occur every time a bid is placed until there are at least two minutes with no additional bids.