Terms

PERSONAL PROPERTY

AGREEMENT

By placing a bid in this auction, Buyer agrees to the following Terms & Conditions.

BUYER’S PREMIUM

10% Buyer’s Premium added to the hammer bid price to determine the final purchase price.

SALES TAX

Sales Tax will be added to the final purchase price when applicable.

RIGHT TO ACCEPT ANY BID, AND TO REJECT ANY BID

The Harritt Group, Inc. reserves the right to accept or reject any bid.

AUCTION END TIME

Harritt Group Online Auctions are timed events and all bidding will close at a specified time. Harritt Group Online Auctions also have an auto-extend feature. Any bid placed in the final minutes of an auction will cause the auction ending to be automatically extended from the time the bid was placed. Example: If an auction scheduled to close at 6 PM receives a bid at 5:59 PM, and the extended bidding time for that auction is 10 minutes, the close time will automatically extend to 6:09 PM. The auto-extend feature remains active until no further bids are received within the specified time frame.

MALFUNCTION AND LOSS OF SERVICE

The results of the auction may be rendered void if a malfunction or temporary loss of service occurs. In such an event, Harritt Group reserves the right to remedy the situation in whichever way best represents the seller, including the cancellation of existing bids. Harritt Group shall not be held liable in any way for any malfunctions or loss of service. The bidder acknowledges and understands that this service may or may not function correctly at the close of the auction. Under no circumstances shall Bidder have any kind of claim against Harritt Group or anyone else if the internet service fails to work correctly during the close of the auction. Harritt Group will not be responsible for any missed bids from any source.

NEW DATA

New data, corrections, or changes could be made after the viewing of this document. Please arrive prior to the start of the auction to inspect and consider any new information and changes.

PAYMENT METHODS

Cash, Check (Payable to Harritt Group, Inc.), Visa, MasterCard, American Express or Discover (3% Convenience Fee Added for Credit & Debit Cards). Payment is required in full on or before pick up. Payments can be made online before pickup with credit/debit card via the invoice. All other payments made directly to the Harritt Group, Inc. on or before pickup.

FAILURE TO PAY

The Harritt Group, Inc. has the right to the charge credit card on file if buyer fails to make payment. Multiple attempts to contact buyer will be made before credit card is charged for purchases.

CONDITION

Harritt Group makes every effort to accurately describe all items, however all descriptions have been prepared for guide purposes only. By submitting a bid, the Buyer/Bidder understands and agrees: (1) that any description of the merchandise given or furnished online is solely for identification, and does not create any warranty, expressed or implied, that the merchandise is purchased and accepted by buyer "as-is, where-is", in place with all faults known and unknown and (3) affirms it has inspected all items or has waived its right to do so prior to bidding. Buyers shall be deemed to have relied entirely upon their own inspections and investigations as to the condition of the merchandise being offered.
Please ask as many questions as you like if you are unsure about an item that is for sale. All bidders are strongly encouraged to investigate and confirm any information or assumption on which any bid is based. Come and inspect. There will be no charge backs or returned items after the auction. List subject to change.

LOT WITHDRAWALS

Harritt Group, Inc. reserves the right to withdraw any lot at any time from the auction for any reason.

SPECIFIC AUCTION TERMS

See auction listing for auction specific terms and conditions. 

REAL ESTATE

AGREEMENT

By placing a bid in this auction, Buyer agrees to the following Terms & Conditions.

BUYER'S PREMIUM

A 10% Buyer’s Premium will be added to the final bid. The buyer’s premium, together with the final bid amount, will constitute the total purchase price of the Real Estate.

RIGHT TO ACCEPT ANY BID, AND TO REJECT ANY BID

The Harritt Group, Inc. reserves the right to accept or reject any bid.

INSPECTION

Property is being sold ‘AS IS’ with no contingencies and no warranties expressed or implied except those provided herein. All inspections are welcomed prior to auction. The buyer has not relied upon any statement or representation by the auctioneer or staff as to the nature or condition of the property nor do they warrant the property, its construction, condition or material. All measurements are per courthouse records.

MANNER OF PAYMENT

The purchase price shall be paid in cash. A 10% non-refundable down payment in the form of cash, check or wired funds is due immediately following the auction with the signing of a legal binding purchase agreement. The balance of the purchase price will be due in 40 days. If the buyer chooses to obtain financing for the balance of the purchase price, completion of this transaction is not based upon the condition of successfully obtaining financing nor is it subject to a satisfactory appraisal. All closing costs are the buyer’s expense.

EVIDENCE OF TITLE

Seller(s) will provide clear and merchantable title via deed. Cost of title evidence, as desired by the buyer, to be a buyer’s expense. Owner’s title insurance is always strongly recommended, and that without said insurance, buyer may have no future objections to title, or potential losses. Buyer is accepting title subject to (1) Any recorded building restrictions, restrictive covenants, conditions or other use restrictions applicable to the property, (2) Any recorded or visible easements for public road, utilities, or public purposes (easements) upon which existing improvements do not encroach of which there are no violations and (3) Any mandatory membership associations associated with the property.

REAL ESTATE TAXES, ASSESSMENTS & ASSOCIATION DUES

All taxes that have accrued for any prior calendar year that remain unpaid shall be paid by the seller, unless otherwise noted. All taxes that have accrued for the current calendar year shall be prorated on a calendar-year basis as of the closing date. The buyer also acknowledges the seller’s tax exemptions and/or credits may not be reflected on future tax bills. The buyer may apply for current-year exemptions/credits at or after closing if applicable. 

POSSESSION

Possession of the Real Estate to be given date of deed.

FLOOD DESIGNATION

Buyer may not terminate agreement if property is located in an area that may require flood insurance or that is subject to building or use limitations by reason of such location. Buyer shall pay for and be responsible for flood certification.

FEDERAL LEAD BASED PAINT DISCLOSURE

Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is being notified that such property may present exposure to lead from lead-based paint. All inspections and assessments for the presence of lead-based paint and/or lead-based paint hazards must be made prior to auction. Buyer waives the 10-day opportunity to conduct such assessment and acknowledges receipt of lead-base paint disclosure form.

AUCTION END TIME

Harritt Group Online Auctions are timed events and all bidding will close at a specified time. Harritt Group Online Auctions also have an auto-extend feature. Any bid placed in the final minutes of an auction will cause the auction ending to be automatically extended from the time the bid was placed. Example: If an auction scheduled to close at 6 PM receives a bid at 5:59 PM, and the extended bidding time for that auction is 10 minutes, the close time will automatically extend to 6:09 PM. The auto-extend feature remains active until no further bids are received within the specified time frame. 

MALFUNCTION AND LOSS OF SERVICE

The results of the auction may be rendered void if a malfunction or temporary loss of service occurs. In such an event, Harritt Group reserves the right to remedy the situation in whichever way best represents the seller, including the cancellation of existing bids. Harritt Group shall not be held liable in any way for any malfunctions or loss of service. The bidder acknowledges and understands that this service may or may not function correctly at the close of the auction. Under no circumstances shall Bidder have any kind of claim against Harritt Group or anyone else if the internet service fails to work correctly during the close of the auction. Harritt Group will not be responsible for any missed bids from any source. 

SOLD WITH SELLER'S RESERVE

Final bid price is subject to the seller’s confirmation. When the bidding has met the reserve, a notification will be posted and the auction will become absolute and sell to the highest bidder. 

OFFENDER REGISTRY

The Indiana Sheriff’s Offender Registry (www.indianasheriffs.org) exists to inform the public about the identity, location, and appearance of sex offenders residing within Indiana. Auctioneer is not responsible for providing or verifying this information.

AGENCY

The Harritt Group, Inc. is acting exclusively as agents for the seller.

NEW DATA

New data, corrections, or changes could be made after the viewing of this document. Please arrive prior to the start of the auction to inspect and consider any new information and changes.