Terms & Conditions There will be a 2.5% Buyer’s Premium on all online purchases capped at $750 per lot. REGISTRATION You will be greeted by our helpful staff to complete a registration form which includes basic information such as name, address, phone number and email address along with Bank Letter of Credit (for those unknown to Auction Company). Those unknown to Auction Company are required to get prior authorization before attending the auction. After you provide a Bank Letter of Credit and have completed all requirements you will receive a bidder number. This bidder number will allow you to participate in the auction. As a registered buyer, you are required to follow the terms and conditions printed on your auction catalog. REGISTRATION REQUIREMENTS: When attending an auction in person, the following items will be necessary to complete your registration process: • A valid Driver’s License, Passport or Government ID • A Bank Letter or Letter of Guarantee (required only when paying with a company or personal check). As a general rule, the bank letter should be made out to Clark Auction Service LLC. listing your company name, your account number, the dates of validity, the amount guaranteed by your bank and the contact information for your banker. Also accepted are cash, certified checks and bank wires. • For all Auctions, new customers and International bidders are required to provide a letter of guarantee from a US Bank. A sample Letter of Credit is on website. • Tax Exemption Certificate or Motor Vehicle Dealer License if applicable. We do not limit our auctions to dealers; however, in order to remove sales tax from your invoice, you will need to supply us with your Motor Vehicle Dealer License or License to Resell Equipment. Exemptions vary from state to state so please visit the website for the specific auction for more information and available forms. Buyers purchasing for export must ship their goods to a foreign address using a common carrier. Ground bills of lading will be required as proof of delivery to the port for export. AUCTION ANNOUNCEMENTS Announcements will be made at the beginning of the auction detailing critical information auction participants will need to know. Additionally, you will be notified if items will be sold as groups or any other unusual issues may be addressed during the announcements. Announcements made on sale day take precedent over any printed material. PRE-AUCTION INSPECTION AND VIEWING You are responsible for every item you bid on and win, therefore, we encourage you to check all equipment you are planning on buying before bidding on the machine. You can preview all equipment prior to the auction and will be able to inspect, test and compare equipment on site prior to auction. We encourage you to bring your mechanic to inspect the equipment you are bidding on. Once the hammer falls, you own that item. Inspection date for this auction is the day before auction or prior appointment made with Auctioneers. BIDDING Our knowledgeable staff of auctioneers and ringmen will guide you through the purchase process on sale day. Lots are typically sold in numeric order and the auction truck will move from piece to piece. Make sure you are bidding on the right item because once the hammer falls, you own the item. If you are unsure about a lot number or have any questions, ask one of our ringmen. INVOICING AND TAXES At the end of the auction, you will be required to return to the registration area where an invoice will be generated for your review and payment. If you are a motor vehicle dealer, equipment dealer or maintain other tax-exempt status, you may be required to complete additional documents in accordance with state law allowing such exemptions. If you purchased an item with a title, the title will be mailed after you check has cleared the bank. • PAYMENT Payments must be made day of the sale. Items cannot be removed from the yard until payment is received in full. • • EQUIPMENT REMOVAL No equipment will be released from the yard without complete payment for all purchases. As a general rule, equipment must be removed no later than two weeks. TRANSPORTATION Clark Auction service LLC. does not arrange for or pay for the transportation of purchased items. TITLES As a general rule, titles will be mailed 7-14 days after payment has been received. They will be mailed to the name and address that you have registered in. Please contact us if you have specific questions. KEYS AND MANUALS If keys, manuals or service records are available for the equipment you purchased, they will be located in the registration office. INSURANCE After the hammer falls and you purchase an item, it is your responsibility to insure your purchase immediately. ADDITIONAL ONLINE TERMS There will be a 2.5% Buyer’s Premium on all online purchases capped at $750 per lot. Online Registration has the same Terms & Conditions as Onsite Registration. All registrations must be accompanied with a Bank Letter of Credit. No Onsite Buyer’s Premium on this auction. Any questions on registration contact Auction company before auction day.