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ABSENTEE BID TERMS & CONDITIONS OF SALE

1. If you are unable to attend the auction and wish to place an absentee bid, we will make bids on your behalf and attempt to obtain the item(s) for you at the lowest possible price and never for more than the top price you indicate.

2. To place an absentee bid, please complete the Absentee Bid Form. Be sure to accurately list the description and top price you are willing to bid for each item. "Buy" or unlimited bids will not be accepted.

3. Absentee bids will not be accepted without prior receipt of a 25% deposit of your estimated bid amount. The deposit must be in the form of a cashier's check or money order. Deposits must be received at least 48 hours prior to the auction. Credit card deposits and personal or company checks are not accepted. Successful bidders are required to make payment in full within five (5) days following notification.

4. The bid price that you indicate on your bid form is for the bid price exclusively. You will be responsible for paying a 10% clerking fee and 6% Alabama sales tax, unless you hold a current resale tax certificate, in addition to your successful bid price. If you wish to use your resale tax number, a copy of your certificate must accompany your signed bid form.

5. Successful bidders will be notified on Monday following the auction. Credit card payments will not be accepted from absentee bidders. Invoices are due and payable upon notification.

6. We have tried to be as accurate as possible in our descriptions and measurements. If you are not able to personally view the item(s) prior to bidding, you are welcome to call for exact measurements and/or additional information about the pieces on which you intend to bid.

7. All property is sold "AS IS / WHERE IS" and neither we nor the consignor make any guarantees, warranties or representations, express or implied, with respect to the property or the correctness of the catalog or other description of the property or otherwise. All statements contained in the catalog or in any bill of sale, invoice or elsewhere as to authorship, period, culture, source, origin, measurement, quality, rarity, provenance, importance, merchantability, exhibition and literature of historical relevance or physical condition are qualified statements of opinion are not representations or warranties. Prospective bidders should inspect the property before bidding to determine its condition, size and whether or not it has been repaired or mended.

8. B & B Antiques and Auctions is not responsible for loss or damage to merchandise due to the acts or omissions of carriers or packers of the purchased lots, whether or not they are recommended by us or have been the choice of the buyer. In no event will B & B be liable for the damage, regardless of the cause.

9. All merchandise must be removed from B & B premises within seven (7) calendar days following the auction. B & B is not responsible for loss or damage to merchandise left beyond the seven days.

10. If any of these conditions are not complied with by the purchaser, in addition to the remedies available to us and the consignor by law, including and without limitation the right to hold the purchaser liable for the total purchase price, including clerking fee and storage fees, B & B will have the option to cancel the sale, retaining all deposits as liquidated damages, resell the property at another auction without reserve, and hold the purchaser responsible for any deficiency from the original purchase price and storage fees and sales commissions at our standard rate. A defaulting purchaser will be deemed to have granted a security interest in any property in our possession owned by such purchaser which we may retain as collateral security for such purchaser's obligation to us. We shall have all the rights afforded a secured party under the Uniform Commercial Code with respect to such property and we may apply against such obligations all monies held or received by us for this account due from the purchaser. Payment made and received is meant as "collected funds" at our bank only. Items will not be released for shipment unless we have collected funds at our bank.

11. In no event will B & B's liability to a purchaser ever exceed the purchase price actually paid

12. These conditions of sale, as well as the purchaser's and our respective rights and obligations thereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Alabama. By bidding at this auction, the purchaser shall be deemed to have consented to the exclusive jurisdiction of the State Court and of the federal courts in the State of Alabama.

13. Bidding on merchandise automatically constitutes agreement with these terms.

Signature____________________________ Date ________________

 

ABSENTEE BID FORM

Please complete and mail this form along with a 25% deposit (of bid amount) in the form of a cashier's check or money order. Bids authorized below are to be executed by B & B up to, but not exceeding, the amount(s) specified. Each bid is per item, as indicated, and all bids will be executed and accepted subject to the Auction Conditions herein. A applicable sales tax will be added to your bid price as part of the total purchase price.

          Name: __________________________________________
         Address: _________________________________________
         City, State, Zip: ____________________________________
         Phone: __________________________________________
         Resale Number: ___________________________________
         Please Print Clearly - Use a Separate Sheet as Required
Description                                                                                                      Bid Price
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Signature________________________________ Date ____________________