LIVE AUCTION TERMS:
We aim to run a fun, fair and rewarding auction for all. Our mission is creating a friendly comfortable atmosphere. If you’re new to auctions or unsure about anything, our R&T blue shirts will always be available and willing to assist! For a better experience please read carefully and fully understand our business terms and conditions. We look forward to seeing you at the auction!!
Auction Terms & Conditions
PLEASE NOTE: All bidders at R&T Auctions acknowledge that they have read these terms and conditions of sale and agree to be bound thereby. If you do not understand any of these terms or conditions, please ask a staff Member For clarification before registering.
Do not bid or participate in Auctions unless you agree to these terms
Buyer’s Premium: 10% BUYERS PREMIUM ADDED ON ALL LOTS PURCHASED 3% SURCHARGE FOR CREDIT CARD PROCESSING 10% CASH AND DEBIT 13% CREDIT CARD. Live sales at our facility have a 10% Buyers Premium (13 IF USING CREDIT). A buyer’s premium is also known as the buyer’s portion of commission and is a fee added on to your bid amount. Be sure to factor the BP into your bids when bidding. For example, if you bid $10, the BP is $1 additional, so you are actually bidding $11. Taxes are applicable to the buyer’s premium. All applicable Ontario sales tax will apply to their sum.
Identification – All purchasers are required to have a Bidder’s Number to bid and shall supply R&T Auctions with their full name, address and telephone number. A form of picture identification is required to verify information.
Addition to or withdrawal from sale – The Auctioneer reserves the right to withdraw from sale any of the items listed or to sell at this auction items not listed, and reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. Whenever the best interest of the seller will be served, the auctioneer reserves the right to sell all the items listed in bulk. Minimum bids – may be placed on some items. The auctioneer has the right at his absolute discretion to refuse any bid. The highest bidder shall be the buyer at the hammer price.
Dispute between bidders – If any dispute arises between two or more bidders, the auctioneer may decide the same or may immediately put the lot up for sale again, and resell to the highest bidder. The decision of the auctioneer shall be final and absolute.
Condition of items sold: Our best efforts are made to represent all items accurately in descriptions and photographs; however, all items are ultimately sold on an ‘as is, where is’ basis, with all faults. We strongly encourage all bidders to personally verify the condition of each item during the scheduled preview times. No responsibility is assumed by R&T or the seller for any errors or omissions. No claims will be allowed after goods are removed from premises.
All measurements and sizes – are approximate
Children under the age of 12 must be with their guardians always.
Payment: All items must be paid for in full the evening of the auction. We accept Cash, Visa, Mastercard and Debit. Items can be paid for anytime throughout the sale and removed immediately after they have been paid for. All purchases will be subject to 13% HST.
Removal: All items must be removed the night of the auction. R&T has a delivery service as an option to you. All details of delivery must be agreed upon by both parties prior to items being left at an auction site. All items left behind without consent of auction management will be deemed abandoned, seized and resold
Personal and property risk – Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer from liability therefore. Neither the auctioneer nor his principal shall be liable due to any defect in or condition of the premises on which the sale is held.
Records – The record of sale kept by the auctioneer and clerk will be taken as final in the event of any dispute.
All lots – to be sold AS IS, WHERE IS. ALL SALES FINAL.
Licencing This sale is being conducted pursuant, to Schedule 3 to By-law No. 2001-31. Auction conducted by a licenced auctioneer.
Additional terms and conditions – Any additional terms or conditions of sale, added by the auctioneer, shall be announced prior to an auction.