AG-BID.com Terms of Use

  1. The Following Terms and Conditions apply to all AG-BID.com Online Auctions. Additional Terms and Conditions applicable to specific auctions are included on the auction site. In consideration of the opportunity to bid at an AG-BID.com Online Auction, you, as bidder and/or Buyer as defined herein, are agreeing to these Terms and the Conditions of the specific auction.
  2. BY ACCEPTING, YOU AGREE TO HONOR, WITHOUT LIMITATION OR QUALIFICATION, ALL OF THE TERMS AND CONDITIONS OF THIS SITE USER AGREEMENT. All registration information the Bidder provides to auctioneer shall be current, complete, and accurate. Bidders must be 18 years of age or older. Bidder agrees to not use any device, software or routine to interfere or attempt to interfere with the proper working of any transaction being conducted on and during the auction sale.
  3. Malfunction, Shutdown, and Loss of Service: The results of the auction may be rendered void if malfunction, shutdown, or temporary loss of service occurs. In such an event, AG-BID.com Online Auctions reserves the right to remedy the situation in which ever way best represents the seller, including the cancellation of existing bids. . AG-BID.com Online Auctions shall not be held liable in any way for any malfunctions, shutdowns, or loss of service.
  4. AG-BID.com Online Auctions Role in Auction. AG-BID.com Online Auctions is acting as agent of the seller in an online auction and is not responsible for "Acts Omissions or Representation" of the seller or any of the seller's principals, officers, directors, employees or other agents. (All Items May Have Reserve Unless Otherwise Noted.)
  5. Auction Close: Online auctions shall close on the date and time identified on the specific auction site. All active items will remain open until no bids have been received for (Three minutes).
  6. Contract and Payment.: By placing a bid on an item, the bidder represents, warrants and undertakes that it has the authority an capacity to enter such bid and close the transaction and that any bid that it makes constitutes an irrevocable offer to buy the item in question for the full amount of the bid, plus the 5% buyer's premium WITH A $1000 PER ITEM MAXIMUM and any applicable taxes. A legally binding contract between a bidder, on the one hand, and AG-BID.com Online Auctions and seller, on the other hand, is formed when a bidder makes the highest bid and the online auction is closed. All sales are final; a bidder may not cancel a bid after the auction closes. When the auction closes, the highest bidder ("Buyer") shall pay for the item purchased by the date and time identified for removal on the specific auction site. If AG-BID.com Online Auctions determines that the highest bid was not a bona fide bid, the item will not automatically go to the second highest bidder. If Buyer does not pay for and remove an item within the applicable removal period, AG-BID.com Online Auctions may resell the item without notice. If an item is resold for an amount less than the original, highest successful bid, Buyer is obligated to pay the difference. If full payment is not made by the end of the applicable removal period, Buyer's bidding privileges as to any other AG-BID.com Online Auctions may be suspended. Buyer's bidding privileges will not be reinstated until AG-BID.com Online Auctions invoice has been paid in full, regardless of whether an item has been resold.
  7. Transfer of Title and Risk of Loss; Title to items Transfers to Buyer when full payment for all items has been received and all items have been removed from AG-BID.com Online Auctions site of auction location. Upon removal of an item from AG-BID.com Online Auctions site of Auction location by Buyer or Buyer's agent, or by AG-BID.com Online Auctions at Buyer's direction, risk of loss shall pass to Buyer. Claims relating to AG-BID.com Online Auctions and the terms and conditions herein shall be brought in District Court in Becker County, Minnesota, and bidders hereby consent to the jurisdiction of said court.
  8. Buyer's Premium/Sales Tax. Except for sales of real property, Buyer shall pay to AG-BID.com .Online Auctions a buyer's premium of 5%. For example, if the successful bid is $100.00, Buyer will be invoiced for $105.00. The buyer's premium is not negotiable and is payable by all Buyers. (Sales Tax) If an item is subject to sales tax, AG-BID.com Online Auctions shall collect sales tax On All Items at the time of payment. Tax shall be calculated based on the successful bid price plus the buyer's premium.
  9. Condition and Value of Items: All Items Are Sold " AS IS HOW IS WHERE IS " WITH ALL FAULTS. Neither the Auctioneer nor the Seller gives any type of guarantee or warranty, implied or otherwise. These items are offered for auction and their descriptions are from sources deemed reliable and submitted subject to errors, omissions and change without notice. No allowance will be made for errors in cataloging, genuineness, defects or identification purposes only. There are no returns, refunds, or adjustments. THE ENTIRE RISK AS TO THE QUALITY, AUTHENTICITY & CONDITION RESTS WITH THE BUYER. BUYER ASSUMES COMPLETE AND SOLE RESPONSIBILITY FOR INSPECTION OF ITEMS PRIOR TO BIDDING AND RELIES SOLELY ON THEIR OWN INSPECTION AS TO THE CONDITION AND VALUE OF ITEMS.
  10. Item Removal Auction Site: AG-BID.com Online Auctions will announce the removal or "check-out" period for each auction on that auctions online site. Online auctions will have the details posted on the auction event page. AG-BID.com Online Auctions will assume no responsibility for any part of item removal. High bidders/purchasers will assume sole responsibility and risk for disassembling, disconnecting (including power and water and all utilities), loading and trucking all purchased items. Purchasers will repair personal property that is altered or damaged in the removal of their items. AG-BID.com Online Auctions may At Any Time refuse Buyer access to AG-BID.com Online Auctions Website or premises or other removal site for the purpose of collecting all or any of the items it has purchased, or rescind the sale of such items.
  11. Indemnification: Buyer indemnifies and holds harmless, AG-BID.com Online Auctions, its directors, officers, employees and agents against any damage or loss which Buyer, AG-BID.com Online Auctions or third-parties may suffer or incur with respect to loss, damage or injury arising from the removal of an item.

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