1.    In order to bid, you must have a bid number.  Online bidders must register online via Proxibid.com.  You will need a credit card to register however we will not automatically charge it at the end of the auction.  You must re-register and use a new bid number every sale.

2.    Everything is sold “as is, where is” without any written, expressed, or implied guarantee including but not limited to the merchantability or fitness for a particular purpose.  Make your own value determination prior to bidding.

3.    Preview/Inspection period:  Due to lack of parking along 4th Street, there will be no preview.  Please bid by the photos on each lot.  Determine your value by the photos.

4.    Payment must be made within 24 hours of the auction ending.  Acceptable forms of payment include Cash, Wire Transfer, Certified Check and Credit Cards up to $1000 with a 3% processing fee.  We do not automatically charge credit cards as most buyers pay cash.

5.    Internet Buyer’s Premium, a fifteen percent (15%) buyer’s premium will be added to your winning bid price to determine the final bid price.  (Example- If you bid ten dollars, one dollar & fifty cents will be added to your bid to determine the final bid price.) 

6.    The Kentucky Revenue Cabinet requires the collection of KY Sales Tax at the rate of 6% on all items and equipment sold at this auction to residents and individuals that pickup items locally.  During the Bidder Registration Process in order to be exempt from paying KY Sales Tax you will need to provide your resale number on the website.  If you are a dealer, parts wholesaler, or an individual buying to resale, you must present and leave with us a copy of your Tax Exempt/Resale Certificate along with filling out the state exemption form for our files at time of payment.  All persons buying for personal use will pay KY sales tax along with any persons or companies that have failed to provide valid Tax Exempt/Resale certificates during the Bidder Registration Process.  Also, out of state buyers must present their out-of-state Tax Exempt/Resale Certificate during the Bidder Registration Process to be exempt from paying KY Sales Tax.  We must collect KY Sales Tax at all auctions.

7.    All items and equipment must to be removed between the hours of 9:00 am & 6:00 p.m. Monday the 11th thru Wednesday the 13th (3 business days).  This is the only time window available for pick up unless alternative arrangements are made in advance but subject to the sellers availability.  The sellers lease has ended and cannot store equipment.  

8.    Any items or equipment not removed within the pickup window will be deemed abandoned and disposed of by the auction company or the seller as they see fit.  Buyer will not receive any refunds for failure to remove purchased items within the pickup window.   By not complying with the terms and conditions of the sale you forfeit any claims to any property abandoned at the facility.

9.    Successful bidders are responsible for loading and removal of all property awarded to them from the place where the property is located. The Buyer will make all arrangements and perform all loading and transportation of their property.  Under no circumstances will the Auction Company or Seller assume responsibility for loading, shipping, or transporting.

10.    At the close of bidding, winning bidders are responsible for protecting their merchandise from damage or theft.  The auction company nor the seller will provide security services to protect your property so make every effort to pick your property up as soon as you can.  If you didn’t purchase an item or piece of equipment do not touch or move it without notifying one of the auction staff or the seller.  The Auction Company nor the Seller assume any responsibility for loss or damage.  The buyer is responsible for insuring their purchases.

11.    Auctions ASAP reserves the right to accept bids in any increment that is in the best interest of the seller.  Auctions ASAP reserves the right to reject the bidding of any person or persons whose conduct, actions, or adverse comments are not in the best interest of the seller

Checkout/Pickup dates will be the 11th thru the 13th of July from 9:00am to 6:00pm on location.