Auction Terms & Conditions Live Auction Terms & Conditions – December 10, 2022
1. All persons desiring to bid or purchase must register with Auctioneer using a valid credit
card. Upon registration the bidder will be assigned a bidder number. A bid by any person
shall be conclusive proof that the bidder has made themselves familiar with the terms and
conditions contained herein.
2. Your Bid Is A Legal Binding Contract. If you are designated as the winning bidder, you agree
to pay the full bid amount + buyer's premium and applicable sales tax.
3. All items are sold AS IS-WHERE IS with NO WARRANTIES OR GUARANTEES expressed or
implied. Auctioneer or Seller shall assume no liability and will not be responsible for the
correct description, authenticity, genuineness, or defect in any lot. No allowance, discount,
set aside, or refund shall be made on account of any incorrectness, error in cataloging,
imperfection, defect, or damage. Any and all descriptions or representations are for
identification purposes only and are not to be construed as authenticated or as a warranty
of any type. Buyer shall base their bid accordingly upon their judgment solely.
4. All sales are final.
5. Full payment for all purchases must be made day of sale. Valid forms of payment: Cash,
Mastercard, Visa, Discover, American Express, Check with Bank Letter of Guarantee. The invoice total will include the full bid
amount plus buyer’s premium and tax if applicable immediately following the closing of the
auction. A 15% Buyers Premium will be added to all purchases and will be added to the total
purchase price.
6. Tax will be applied to all items that are subject to Texas State Sales Tax and / or local tax.
Tax will be collected unless the buyer has a current sales tax number on file with the
Auctioneer.
7. Sales tax will apply to buyer’s premium according to state tax law unless item 6 above
prevails.
8. Auctioneer reserves the right to: a) Reject any and all bids and/or to bid as an agent on
behalf of the Seller, any absentee bidder and/or the Auctioneer as buyers. b) Bid on behalf
of the Seller in situations involving reserves or Seller confirmation to reach the reserve sales
price. c) Withdraw from or add to auction any item before or during the sale. d) Resell any
item not paid for in full on sale day. e) Resell any item not picked up during the stated pickup times. f) Group, subdivide, sell lots times the money, or sell lots in bulk when it is in best
interest of the Seller.
9. Merchandise must be removed during the following schedule:
a. Saturday – December 10, 2022, until 5:00 PM
b. Monday, December 12, 2022 from 9:00 AM – 4:00 PM
d. Purchases left beyond deadline for pickup will be forfeited without refund.
Auctioneer reserves the right to resell any items not picked up during stated times.
10. No selling or trading between buyers on or within the auction premises during or after the
sale. All merchandise must be physically removed from the auction site prior to any sale of
merchandise by the buyer.
11. NO smoking allowed in auction facility, homes, or offices where auction is conducted.
12. Any announcements regarding terms and conditions or additions or deletions made day of
sale, prior to or during auction, supersede any and all other advertising and/ or
announcements.
13. The Auctioneer(s) are licensed and regulated by the Texas Department of Licensing and
Regulation. Licensure with the Department does not imply approval or endorsement by the
State of Texas. Unresolved complaints or compliments should be directed to: Texas
Department of Licensing and Regulation, P. O. Box 12157, Austin, TX 78711/ 512-463-6599
or 800-803-9202 https://www.tdlr.texas.gov/
Keith Pressley, TX#13052
Luther Davis, TX#8325
We appreciate your attendance, your business, and your referrals.© 2022 Davis Aucti
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