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Auction Podium - FAQ

General Registration and Event Information
 

How do I register for an event?
Registering for an Auction Podium auction requires that you first create a User Account on our on-line portal. You need to register only one time. Once you have chosen a username and password and have a valid account, everything pertaining to present and upcoming auctions is available to you.

Why does it ask me for my credit card?
Your credit card is required at time of registration in order to verify identity and age. There is NO CHARGE to register. You will NOT be charged unless you instruct our office and meet all payment terms set forth. If you wish to pay your final bill by credit card, there is a 3% service fee added to your final charge. You will need to download the credit card PDF from our forms section and fax your completed form to our office. Delinquent payments are also charged to the credit card.

Is there a charge to register?
No. You are asked for your credit card in order to verify identity and age. You only need to register once to have access to all Auction Podium auctions, now and in the future.

How do I bid on a particular auction?
You will be given instructions via your registered email address. Bidding instructions are also available here.

How do I make a payment?
If you make the winning bid, you will be emailed your invoice. Several payment options are available, including wire transfer, credit card (please note: additional fee applies), bank check with a Bank Letter of Guarranty or money order. Buyers must remove all equipment or make arrangements with an approved rigging, packing and shipping company. Further details are included either on your invoice or in the accompanying email.

What if I accidentally lost my email or did not receive it?
Please contact us with your registered email information and we will assist you.

How long are auctions open to bid?
It varies according to the auction specifics.

What about reserve prices?
Reserve prices help the seller protect his financial interest in particular auction items. Reserve prices are sometimes, but not always, made public. Unmet reserves are subject to sale based on the seller’s acceptance of the highest last bid. Auction Podium will contact you if this is the case.

How do I view my bids?
Log in to your account and follow the links to your auctions. You will be able to see at a glance if you are HIGH BIDDER or part of the pack. If you have questions, please contact us for more details.

When will I get my invoice?
Upon a completed winning bid, you should expect an invoice within 2 business days via email. Each invoice will have payment terms and conditions on it.

How do I recover a lost user name or password?
Click here to recover a lost password via email. If you have forgotten your user name, please call us at
+01 (714) 973-7777 with your registered email address and we will assist you in recovering your user name.

How do I change my password or contact information?
Click here.

 
Terms and Conditions of Sale
 

Subject to amendments and modifications announced by the Auctioneer at the time of the auction, any person participating in the auction shall be bound by the following terms and conditions as stated or otherwise set forth by Auction Podium, Inc.:
Payment in full must be made before or immediately after the conclusion of the auction.

  • All payments must be made in US funds.
  • All payments shall be paid, in US Funds, by one of the following methods of payment:
  • Wire transfer
  • Certified check
  • Bank draft
  • Company check ONLY with a Valid Bank Letter of Authorization guaranteeing irrevocable payment to Auction Podium, Inc. in the following format (please see the example PDF in our Forms Section)
  • Payments may be made in advance of the auction via wire transfer and any balance in excess of the balance owing will be refunded after the auction.
  1. Purchasers without United States bank accounts are required to pay in U.S. funds via wire transfer directly from their bank. Some equipment may require modifications to meet import and safety regulations. Please contact your customs broker for further information regarding your customs requirements.
  2. Sales taxes shall be paid to the Auctioneer at the time of sale. Purchasers claiming exemptions from taxes shall provide proof satisfactory to the Auctioneer of their entitlement to claim such exemption. In the absence of proof satisfactory to the Auctioneer, taxes shall be paid by the Purchaser.
  3. All Articles will be sold to the highest bidder conforming to the bid process, provided that the Auctioneer reserves the right to sell articles by individual, group lots and “in bulk”, as he deems appropriate. The Auctioneer reserves the right to sell on behalf of third parties, its own account or on the account of others. Should any dispute arise between two or more bidders or as to any bid, the lot in question may, at the Auctioneers discretion, be immediately put up again and resold. The Auctioneer shall regulate all matters relating to the conduct of the auction and his decision shall be final and binding on all bidders. The records kept by the clerk of the sale, shall in all cases be accepted by the bidder as final.
  4. Auctioneer reserves the right to sell subject to reserve and to bid for its own account and for the account of others, whether by verbal or written proxy, all subject to prior sale.
  5. All sales shall be concluded as indicated by the Auctioneer and no Purchaser may thereafter revoke their bid. Title to the lots purchased shall not pass until payment in full of the purchase price is received.
  6. ALL SALES ARE FINAL. ALL ITEMS ARE SOLD “AS IS WHERE IS”, “IN PLACE” “WITH ALL FAULTS” BASIS WITH NO CONDITIONS OR WARRANTIES WHETHER EXPRESSED, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION, WARRANTIES OR CONDITIONS AS TO TITLE, DESCRIPTION, FITNESS FOR PURPOSE, QUANTITY, QUALITY, MERCHANTABILITY, STATE, CONDITION, LOCATION OR OTHERWISE. NO SALE SHALL BE INVALIDATED AND THE AUCTIONEER SHALL HAVE NO LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A CATALOG, ADVERTISEMENT OR OTHERWISE. DESCRIPTIONS HAVE BEEN PREPARED FOR GUIDE PURPOSES ONLY AND SHALL NOT BE RELIED UPON BY THE PURCHASER FOR ACCURACY OR COMPLETENESS. PLEASE INSPECT ALL ITEMS BEFORE BIDDING. PURCHASERS SHALL BE DEEMED TO HAVE RELIED ENTIRELY UPON THEIR OWN INSPECTIONS AND INVESTIGATIONS.
  7. No article shall be removed unless paid for in full and all articles purchased shall be removed within the guidelines and terms stipulated. The Purchaser shall be responsible for all costs of removal and shall be liable for any damages, including without limitation, any environmental damage, caused during or as a result of the removal. Purchasers shall comply with all environmental laws and regulations and all requirements established by the Auctioneer for the removal of articles, including requirements as to bonding of movers; please refer to the REMOVAL REQUIREMENTS. No claims shall be allowed after removal of the purchased article.
  8. Where available, documents of transfer, including motor vehicle ownership documents, which are in possession of the Auctioneer, will be provided to the Purchaser following the auction or as soon thereafter as such documents are available.
  9. If the Auctioneer is unable to deliver an article sold to a Purchaser due to fire, theft or any other reason whatsoever, the Auctioneer shall reimburse the Purchaser for all monies paid to the Auctioneer in respect of the article and the Auctioneer shall have no further liability to the Purchaser arising from or relating to such loss, including without limitation, any damages for loss of profits.
  10. The Auctioneer reserves the right to refuse any applicant the privilege of bidding or attending the auction and may revoke such privilege at any time.
  11. The Auctioneer assumes no responsibility or any liability once title passes, which occurs at time of payment in full. Purchasers are advised to prearrange for insurance coverage of their purchase. Title will revert to seller in the event purchaser does not remove his purchase by the time specified.
  12. Terms and conditions are governed by the laws of the state of California. Any dispute arising from this contract shall be interpreted by the laws of the state of California and decided in the Superior Court of California in the county of Orange.
  13. Time shall be of the essence. If a Purchaser fails to make payment or remove goods within the time periods hereinabove provided, the Auctioneer may resell the article purchased by auction, private contract or otherwise, as the Auctioneer in his discretion deems advisable, and the Purchaser shall be liable for the shortfall and all costs and expenses, including but not limited to legal fees, moving and storage costs and commissions incurred in such resale, or any other fees as assessed by the Auctioneer.
  14. No Purchasers may assign, transfer or dispose of their rights in any article purchased before they have paid the purchase price in full.
 

Notwithstanding, these terms and conditions shall continue to be in effect and automatically transferred to any assignee or transferee.

These terms and conditions together with any amendments or modifications expressly made by the Auctioneer at the time of the auction constitute all the terms and conditions with respect to the sale of articles at this auction. There are no representations, warrants, terms, conditions undertakings or collateral agreements except as hereinabove provided.

 
Removal Requirements
 

All items are to be removed no later than one week after the sale or as stated at time of sale by auctioneer.

The following are terms & conditions for all Purchasers, their employees, riggers, contractors and agents, (who will be further referred to as Purchasers / Movers / Riggers)

 

*All invoices must be paid in full before commencement of removal.

  1. Purchasers/Movers/Riggers are responsible to remove all articles purchased. A proper certificate of insurance is required before any item marked can be mechanically removed. Furthermore, properly authorized rigger release instructions, in writing, are required before a purchaser/mover/rigger can commence removal of these items.
  2. PURCHASERS/MOVERS/RIGGERS SHALL BE RESPONSIBLE FOR PROPER DISCONNECTION AND TERMINATION OF ALL ELECTRICAL, WATER AND/OR AIR LINES TO YOUR EQUIPMENT AS STIPULATED BY AUCTIONPODIUM INC. SITE REPRESENTATIVE; THE SHEARING OF ANCHOR BOLTS FLUSH WITH THE FLOOR; LEAVING YOUR WORK AREA IN A BROOM SWEPT MANNER; THE ERECTING OF SAFETY BARRIERS AS REQUIRED WHERE PITS OR HOLES HAVE BEEN CREATED AS A RESULT OF EQUIPMENT REMOVAL; THE REMOVAL, OFF PREMISES, OF ALL HAZARDOUS WASTE OR OIL CONTAMINANTS CONTAINED THEREIN OF PURCHASED ASSETS, IN CONJUNCTION WITH ALL ENVIRONMENTAL LAWS; AUCTIONPODIUM INC. TERMS OR CONDITIONS INDICATED BY THE AUCTIONEER AT THE TIME OF SALE.

    All Termination of GAS lines will be disconnected and capped by a licensed gas fitter.

    All ELECTRICAL disconnects to be done in accordance with all federal, state and local codes.

    NO ARTICLE(S) SHALL LEAVE THE PREMISES UNTIL ALL THE AFOREMENTIONED HAVE BEEN COMPLETED TO THE SATISFACTION OF AUCTIONPODIUM INC. SITE REPRESENTATIVE.

    RIGGERS: Quote your customers accordingly; you shall be liable for all costs in compliance with the above.000Purchasers/Movers/Riggers shall assume all responsibility and liability for any and all articles staged for shipment, before it leaves the premises.
  3. Purchasers/Movers/Riggers must provide to Auction Podium, Inc. a certificate of insurance, adding Auction Podium, Inc. as an Additional insured, but only with respect to the operations of the Named Insured (i.e. Purchasers/Movers/Riggers) at the Named Auction and Named Location, of not less than $2,000,000.00
  4. Where available, bridge cranes and/or hoists may only be used by certified crane operators with insurance and only with the expressed written permission of crane owner and/or Auction Podium, Inc.
  5. Auction Podium, Inc. site representatives must examine all articles being loaded out and check off Purchasers shipping invoice.
  6. Purchasers/Movers/Riggers shall be held liable for all costs and damages or repairs to property as a result of their negligence.
  7. Hours of removal are Monday to Friday from 8:00am to 5:00pm, unless otherwise noted by Auction Podium, Inc. Anyone requiring access beyond our published deadlines is subject to a non-negotiable per diem rate.
  8. No articles shall be removed while auction is in progress.

*By registering to bid, you agree to all terms and conditions set forth.

 
 
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