CONDITIONS OF SALE

1. All goods as numbered in lots or as pointed out by the Auctioneer will be sold to the highest
2. Bidder, subject to confirmation after the Auction.
3. The Auctioneer is not obliged to disclose the reserve price of goods, which are sold subject to a reserve, to the bidders on the Auction. The Auctioneer is only obliged to point out the lots which are subject to a reserve.
4. Payment to be made after the offer is confirmed by means of Electronic
5. Bank Transfer ( EFT ). The auctioneer will not be obliged to accept any other mode of payment, other , that stipulated herein and the goods remain the property of the seller until full payment( plus VAT and commission if applicable ) has been received.                                                                
6. Cash deposits subject to additional charges.
7. No removal without full payment of purchases.
   
8. Invoices to be paid within 24 hours or registration fee is forfeited.
   
9. All vehicles to be collected within 7 days of payment.
   
10. R1 750,00 Documentation Fee for all vehicles
11. All goods are sold "voetstoots" in whatever condition they may be, by the acceptance of a bid and no guarantee whatsoever is given. Goods are delivered “voetstoots” at the advertised address.
12. Descriptions and information in advertisements, catalogues or given verbally are given in good faith and no guarantee, whatsoever is given by the Seller or the auctioneer, as to the condition of the goods put up for auction.
13. The auctioneer and the seller does not hold themselves responsible for any errors of description, quality or quantity. A bid shall be taken as proof that the bidder (buyer) has acquainted himself/herself with the lot for which he/she bids on.
14. All lots knocked down, immediately become the responsibility of the purchaser and the auctioneer, owner or his agent cannot be held responsible for any goods that may be lost, damaged or stolen.
15. ln the event of a-dispute arising about any bid, the Auctioneer may use his discretion and put the lot up again for auction. His decision as well as the Vendue Roll of sale will be regarded as final in all instances.
16. No goods may be removed during the time of the sale and must be paid for in full before removed from the premises and the buyer must be in possession of a official invoice ( issued by the auctioneer ) with the wording "Paid" as proof that the buyer may remove the goods bought and paid for.
17. Goods to be auctioned will be at the discretion of the Auctioneer and he reserves the right to combine, divide or withdraw any lot.
18. The Auctioneer reserves the right to regulate the bidding, to refuse any bid, to withdraw any lot or lots from the auction and /or to stop the sale of all the lots all together and should the AUCTIONEER commit any mistake at the sale, such mistake shall not be binding on any party but shall be rectified immediately, after establishing such mistake.
19. Removal of goods bought by the buyer will be the responsibility of the buyer and the buyer will also be held responsible for any damage to the building/s or any other item while removing and or dismantling of goods bought by the buyer.
20. lf the buyer fails to carry out any of the obligations under the Conditions of Sale, the goods may again be put up for sale and the buyer will be responsible for any loss sustained by reason of his/her default and the subsequent  resale of the goods.
21. The bid price, per item, will be subject to VAT for lot 1 - remaining lots 10% Buyers commission plus VAT, as announced by the Auctioneer and VAT (if applicable) will be levied by the auctioneer and paid by the buyer.
22. The buyer, with his/her signature hereof, undertakes to comply to and adhere to all the rules, terms and conditions of the auction and will not conspire with other bidders ( buyers ) to form a "ring" or "club" to manipulate or force the prices of goods down, to the detriment of the seller.