**ALL ITEMS MUST BE PAID FOR BY THE WEDNESDAY AFTER THE SALE. NO EXCEPTIONS.** BUYERS PREMIUM: Online Bidders: 12% An additional 3.5% will be added to all funds collected through Credit card 1 - CONDITIONS: All items are sold as-is, where-is with no warranty or guarantee expressed or implied for description, condition, or fitness for use. Conditional notes or descriptions are deemed an opinion only and in no way be guaranteed. Royal Auction Group is proud to provide as much info pertaining to each lot but should be used as a guide only, buyers can inspect any lot physically prior to bidding or contact us at 813-715-7920 for additional questions. Mileage/hours are recorded only by what is visible on the meter no guarantees are made on actual mileage/hours on any asset sold. Condition notes are given as a guide only, factual information on any lot sold is to be verified solely by the buyer/bidder. Inaccuracies in the catalog or on the internet will under no circumstances relieve the purchaser from the sale. Once a bid is recorded it cannot or will not be changed or altered. Its solely the bidder's responsibility to be responsible for any bids posted by their paddle number or bidder number both onsite and online. No buyer shall retract his bid. The buyer accepts the lot when he makes a bid. All sales are final. Any announcements made on before or during the time of sale supersede any written descriptions. All opinions of condition are strictly to be used as guidelines. We do guarantee free and clear title to ownership with no liens or encumbrances whatsoever. All verbal or written announcements made during the sale or on the auction block, overwrite any printed descriptions or claims posted on catalog or any other marketing material. INSPECT BEFORE YOU BID! Buyers must have a valid photo ID issued by a local, state or federal agency to gain admittance to the auction site and obtain a bidder number. The bidder is responsible for knowing which item you are bidding on. If you are unsure, you should inquire or not bid. When you become the winning bidder at the auction you have affected a contract and will be expected to pay for those items in which you were evidenced to be the successful bidder. Auctioneer will not honor your mistakes. INSPECT BEFORE YOU BID! All auctions are recorded through sound and video. The auctioneer reserves the right to accept bids in any increment he feels is in the best interest of his client, the seller. The auctioneer reserves the right to reject the bidding of any person whose conduct, actions, or adverse comments he feels are not in the best interest of the seller. 2 - BUYERS PREMIUM: A 10% Buyers Premium will be charged to each purchased item or individual lot. An additional 2% internet provider service fee will be charged for each item purchased online. 3 - SALES TAX: Pasco County, FL requires us to collect a 7% sales tax on all items purchased. All sales are subject to Florida sales tax and Florida tax laws. Sales tax exemptions will be accepted on non-titled assets with a copy of your current agricultural and/or tax exemption certificate as long as that item pertains to your business and is for resale only. Sales tax exemption will be accepted on tilted vehicles only with a current tax exemption certificate and dealers license. All out of state buyers must pay Florida taxes but can fill out an affidavit for a possible tax refund. Out of country buyers are tax exempt only with a copy of the bill of lading during check out. 4 - INSPECTION: Items will be available for inspection beginning 2 days prior to the Sale from 9:00AM to 4:30PM, or sale day mornings starting at 7:30 AM. 5 - SALE SITE DIRECTIONS - From FL Interstate I-75, take exit 275 for Florida 56 EAST. In 10-15 minutes FL56 will dead end at our Property on US 301. Royal Auction Group is at the intersection of FL56 and US301 directly in the front of the parking lot clearly marked. Parking will be on the immediate left upon entering where you will be directed to by Auction Staff. Handicap and Trailer parking will be directed to your location. 6 - TERMS: Payment in full is required on auction day by cash, credit card, certified funds, or check with a bank letter of guarantee. Sample letter of guarantee: We hereby guarantee the payment of our customer ___________ written on his account up to __________ dollars for purchases at your auction sale on ___________. Personal and Business checks are accepted on sale day however, assets will be held at auction yard for 5 business days or until the check clears. All checks should be made payable to Royal Auction Group Inc. Wire transfers are acceptable if approved at time of registration. Most major credit cards are accepted up to $5000.00 max with a 3.5% surcharge added into the amount collected. A $25 administration fee will apply to all invoices. Winning Internet Bidders are required to contact Royal Auction Group via email at info@royalauctiongroup.com to arrange payment instructions on sale day. New and on-line bidders may be required to submit a $500 security deposit. The deposit is refundable if no items are won. Winning bidders agree to forfeit their deposit until their invoice has been satisfied. Every effort is made to guard merchandise throughout the auction. However, the bidder becomes solely responsible for all items purchased by them immediately following the winning bid. Therefore, you are advised to further guard your items at your own discretion. Interest on overdue amounts will be paid by the buyer at a rate of 18% per annum or at such other maximum rate as allowed by law, together with any legal or collection costs incurred by the auctioneers. By agreeing to these terms, on-line buyers authorize the Company to charge the credit card on file for the total bid amount plus buyers premium and processing fees after bidding ends on the purchased lot. Any attempt to circumvent this authorization will be considered theft by deception and the buyer will be prosecuted to the fullest extent of the law. Buyers shall not be permitted to possess any of his purchases until the TOTAL PURCHASE PRICE of all his purchases including all applicable goods, taxes or fees have been paid. Due to Safety and Insurance reasons, No One under the age of 16 is Permitted on the Auction Site while the sale is in progress. 7 - Wiring Instructions: To Royal Auction Group, Inc. ** IN THE MEMO SECTION PLEASE LIST INVOICE NUMBER** Bank Name: Chase City and State: 1 Chase Manhattan Plaza New York, NY 10015 Account Number: 838960729 Routing Number: 267084131 Swift Code: CHASUS33 8 - REMOVAL: After complete payment, all sale items that can be carried by hand, may be removed on sale day as long as the removal activity is not disruptive to the sale and only until 5:00 PM. Items may also be removed Monday through Friday, by 10 business days after the posted sale date 9:00 AM to 4:00 PM, A $20/day Storage and transportation fee will incur if items are not removed by posted deadlines. Items not removed in the time frame listed above may be deemed abandoned and the auctioneer may tow and impound or resell the lot. Please note that we do not have ramps or a loading dock. Buyer/Transporter must make own arrangements. 9 - AIRPORT: The area is serviced commercially through Tampa International Airport and privately through many airports in Orlando and Tampa/St. Petersburg area. 10 - LOADING: Royal Auction staff will gladly assist in loading purchases. Royal Auction Group only has access to a 5,000lb forklift and cannot lift items with a weight greater than that. Our staff will not load or tie down purchases, but merely will aid the buyer in the process. We are not responsible for any items loaded or any securement of such items. If an outside transport company is used, make sure the driver is able to load and tie down on their own. In no way will Royal Auction Group or any of its employees be held responsible for any damages to such items during the loading process. If the item is listed as non-running, plan to schedule a tow truck. We will NOT push a vehicle onto a trailer. Buyer agrees to hold RAG and its staff harmless from any claims of damage or injury to any items or to any persons or property during the loading process. We do not have a loading dock or ramps, please arrange accordingly. 11 - TITLE PROCESS - RAG will handle all title transfers. Please bring proof of insurance and a separate check for your titled vehicle transfer and recording fees. Dealer Fees apply to all titled vehicles, ATVs, and Trailers over 2,000 lbs. The title transfer paperwork will be emailed to you; you must complete all paperwork and return the original completed paperwork to us before we can begin to process the paperwork. We process all titles and the title process can take up to 4 weeks after we receive the original completed title paperwork from you. RAG is under no obligation to begin the title transfer process until the TOTAL PURCHASE PRICE of all buyer's purchases including all applicable goods, taxes or fees have been paid and we receive the original completed title paperwork from you. In State: (Florida Residence) Title Processing Fee for Non-Commercial Vehicles & Trailers over 2,000lbs. - $165.00 Tag Transfer Fee Additional $65.00 ($165 + $65) Full Dealer Services Includes Florida Title processing, temporary tag & permanent Florida plate - $450.00 Trailers under 2,000lbs. Registration processing only - $25.00 Trailers under 2,000lbs. Registration processing and permanent Florida plate - $350.00 Commercial Vehicles Fees are charged by the GVW of the vehicle. Please see an associate for the fees. Title Processing Fee for Boats - $250.00 Out of State Buyers: Title processing fee - $25.00 Temporary Tag (Out of State Only) Additional $65.00 ($25 + $65) 12 - DEALER'S EXEMPT - Provide your Current Calendar Year Tax Exemption Certificate and dealer's license, a $25.00 title fee will be charged for each titled Vehicle. 13 - LITIGATION: Costs and Expenses. In the event of any litigation between any of the Parties arising from or relating to the enforcement or interpretation of this Agreement, the prevailing party is entitled to recover all costs and expenses, which shall include attorney's fees incurred at all proceedings, including, without limitation, before trial, at trial and all appellate levels, against the non- prevailing party. In any such award of costs and expenses, the prevailing party shall also be entitled to recover 'fees on fees' from the non-prevailing party, meaning those costs and expenses, including attorney's fees, which are required to determine the amount of costs and expenses to be awarded 14 - GOVERNING LAW, JURISDICTION, and VENUE: This Agreement shall be deemed to be made and entered into in the State of Florida, and shall, in all respects be interpreted, enforced and governed under the laws of Florida. The sole and exclusive venue and forum for any litigation arising under or related to this Agreement shall be the State Courts of Florida located in Collier County, and the parties hereby expressly waive and release any rights they may otherwise possess to file or move any such litigation to any other Court in the State of Florida, or to any Court in any other State, or to remove such litigation to Federal Court. 15 - CONSIGNORS: No consignor is permitted to bid on their own item(s). Any consignor bidding on their own item(s) will not be allowed to consign again and will face heavy penalties imposed according to the consignor agreement. These penalties can be as much as 20% of the sale price or reserve amount for each item. 16 - Royal Auction accepts absentee bids for bidders that cannot physically attend the auction. Absentee bids are treated similar to a max prebid on Proxibid or Equipment Facts. Absentee bids are accepted through a Docusign agreement. Please contact the auction site for details on this process. 17 - Royal Auction accepts consignments that may be sold OUTSIDE of our physical host auction site. These items will have a lot number followed by a two letter state identifier of what state the item is located. Additionally, the description will describe the state and city where the item is and will have to be removed from. Auction Terms Glossary: Odom Reads – This is what the odometer shows at the time of check in. Odom reads is not a guarantee of true mileage, we are simply stating what the odometer is currently showing. One Owner Fleet – Means this item has had only one previous owner/user. The unit may have changed hands through a dealer but has had only one true owner/user. City of XXXX – Unit has previously been owned by the City or County named here. Pwd by/Pwr by – Means the unit has this brand or size power unit. Limited Function Check – Means during our short check in period, we performed a limited function test of major components where the results are written in the description. This test does not guarantee functionality of any item or components of that item. Runs & Drives – Means the unit ran and was driven, at 5mph or less, in line during the check in process. Runs and Drives does not guarantee the unit will drive any extended distance. Absentee Bid – Means a bid submitted by a bidder to the auction company who cannot attend the auction and therefore the auction company will bid as their proxy. Sold on a Phone Call or Sold Pending Confirmation – Means the bid must be confirmed as acceptable by the seller. The bidder is still held liable for the bid for up to three days after the sale. Buyer’s Premium – Means the premium fee added to each item that is purchased and will be calculated into the final sale price. On-Line Premium – Means the additional buyer’s premium added to each item purchased through the on-line portal. Timed Sale – Means an on-line sale that each item starts at a specific time and continues until the time is expired. Each bid may add additional time to the bidding process. Clear Title - Royal Auction Group guarantees a clear title on titled items or we will refund your money in full plus $500.00