Auction Terms & Conditions Bidder agrees to the following TERMS and CONDITIONS:
Changes may be made by the auctioneer to the terms and conditions until the closing of the auction and will take precedence over any printed or advertised material(s). Please review the terms and conditions each time you use this site.
DISPUTES: Any dispute(s) between Creative Realty & Auction Company (the auctioneer), its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Knox County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions. Buyer and or Bidder agrees to hold harmless and indemnify Creative Realty & Auction Company, and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
PAYMENT: Cash, Cashier's Check, Personal/Business Check. All winning bids must be paid for in U.S. dollars. All sales are final. Bidder agrees that there will be no refunds or adjustments for any reason(s).
TAX EXEMPTIONS: Anyone that is Exempt from paying Kentucky sales tax must provide proper documentation to Creative Realty & Auction Company before bidding.
BUYER'S PREMIUM: There will be a 10% Buyer’s Premium added to each winning bid.
SALES TAX: Kentucky Sales Tax ( 6% ) will be applied to the the sum of the winning bid and the buyer's premium.
FINAL SALES PRICE: The final sales price is computed as 6% KY sales tax applied to the sum of the highest bid price and the buyer's premium.
For Example: If a winning bid was $100.
Winning Bid = $100
+ Buyer's Premium (10% of $100) = $10
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= $110
+ KY sales tax ($110 * 6% = $6.60)
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= $116.60 Final Sales Price
BIDS: This is an Absolute Auction. The auctioneer may impose minimum bid increments for each different lot.
INSPECTION and GUARANTEE: Property is available for inspection during dates and times set by the auctioneer. It is the bidder's responsibility to determine the useability or condition of auction items. All property is sold in “AS IS” and “WHERE IS” condition. The lot description information and photographs are reliable to the best of the auctioneer's knowledge, but they are not guaranteed. There are no warranties or guarantees of any kind. Auctioneer reserves the right to add, delete, or modify any item, lot, photograph or description in the auction until the close of the auction.
PICK UP AND SHIPPING: All items must be picked up by the date(s) and time(s) stated at the auction. No shipping or loading assistance will be available. Removal of items from the auction location(s) are the sole responsibility of the buyer. Any items not removed from the auction location(s) by date(s) and time(s) will, at the auctioneer's discretion, become the property of the auctioneer. There will be NO REFUNDS or adjustments given for these forfeited item(s).
TECHNICAL ISSUES: Bidder agrees that neither the auctioneer nor the seller are liable for any technical issues that may occur. In the event there are technical difficulties related to the server, software or any other online auction related technologies, Creative Realty & Auction Company reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the servers, the software the internet connections nor the auctioneer SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON.
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