PLEASE READ THESE TERMS CAREFULLY, AS THEY ARE A LEGALLY BINDING CONTRACT BETWEEN ALL BIDDERS WITH BEYER AUCTION & REALTY AND IOWA AUCTION GROUP Beyer Auction & Realty and Iowa Auction group (IAG) have put forth every effort in preparing the catalog(s) to accurately describe each item. Printed or verbal statements made by staff are matters of opinion, and are made in good faith. All items are sold As Is, Where Is, and No Returns allowed. Buyers are responsible for conducting their own inspection during open house/inspection periods, and no allowance will be made for inadvertent errors in cataloging, authenticity, or imperfections not specifically noted. All sales are final ~ a bid is a legally binding contract between purchaser and Beyer Auction & Realty and IAG. The auction companies reserves the right to reject any and all bids for any reason. Beyer Auction Realty and IAG will not be held responsible in the event of any type of internet/computer malfunction while an auction is in progress. AUCTION CLOSES: February 12, 2018 starting at 5:00 PM Central Time. OPEN HOUSE DATE/LOCATION: There will be an open house on February 8, 2018 from 4:00-8:00PM Central Time at 912 Dakota Ave. Vermillion, South Dakota. PAYMENT & PICK-UP DATE/LOCATION: Thursday, February 15 from 1:00-7:00PM Central Time at 912 Dakota Ave. Vermillion, South Dakota. Sales Tax: A 6.5% South Dakota sales tax will apply to all purchases. Tax exempt bidders must provide a current tax exempt certificate to the auction company at time of settlement. All accounts must be settled by the end of the pick-up day. Payment must be made with Cash, Valid check, VISA or Master Card, Cashier's check, Money order, or Wired funds. A 3% facilitation fee will be assessed to credit card purchases. Checkbacks on credit cards will not be allowed. SHIPPING: We encourage buyers to pick up items purchased at the specified pick-up time(s), however we can arrange for packing and shipping through the United States Postal Service or United Parcel Service, subject to a $20/item facilitation fee (for toy auctions the handling fee/facilitation fee for shipping will be 3-5 dollars per lot). Packing and shipping costs are the responsibility of the buyer. Because our priority is to deliver your purchase in excellent condition, fragile or large items will be shipped by a professional shipping company and may result in higher shipping costs. All items will be insured for the purchase price. If payment is not received by the end of pick-up day, accounts due will be charged to your credit card, subject to a 3% fee. Purchases not settled by this time are considered in default. Any merchandise in default, and/or remaining at auction site after pick-up date, are considered forfeited, and will become the property of Beyer Auction & Realty and IAG, and the purchaser will be charged a $20.00(+) per item disposal fee. No refunds will be given. All bidders must provide their name, address, daytime phone number, and email address at which they can be contacted, to insure adequate communication between Beyer Auction & Realty and IAG, and their purchasers throughout any transaction. General Information: The auctioneer has the sole discretion to advance and/or reject any bids, should it in his estimation prove injurious to the auction. The auctioneer shall be the final judge in any bidding disputes, and has final authority to name a bidder as the final purchaser. The auctioneer or auction company shall not be held responsible for any 'missed' or unseen bids. Beyer Auction & Realty and IAG reserve the right to alter this agreement at any time. This will take place by updating this site. Please check back and review auction terms often, as every time you use this site you are agreeing to the terms as they are written at that time. Beyer Auction & Realty and IAG reserve the right to refuse service to any person, or to cancel any auction at any time for any reason. The purchaser agrees to pay all reasonable attorney fees and costs incurred by Beyer Auction & Realty and IAG in the collection of funds owed. The purchaser also agrees that a fee of 2% per month be added to any unpaid balance due the auction company, as well as any other costs or losses incurred due to the purchasers failure to adhere to these terms. Any debt collection or dispute proceedings will be settled by arbitration in Sioux County, Iowa. INFORMATION OF INTEREST TO BIDDERS When bidder places a max bid, the current bid price doesn't automatically go to the max bid. When another bidder increases the current price, the computer will automatically increase bid in the increments specified, reaching your max bid only by ongoing bidding activity. This auction has what is called an "auto-extend" feature, meaning the auction will not close until all bidding parties are satisfied. If any bids are placed within the last 5 minutes of the auction, the bid on lot(s) will extend an additional 5 minutes. The bidding will extend in 5 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 5 minutes. The auction company may, at their discretion, adjust the auto-extend time increment. BIDDER RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED, TO: 1. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. 2. When using the web site, bidders must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. 3. Auction company employees and/or auction company may bid on auction items. 4. Item descriptions and photographs are not to be used in lieu of personal inspection of any item. ALL SALES ARE FINAL. 5. Please bring loading assistants with you. Some items may require disassembly. Please bring adequate tools and equipment with you.