Enco 14 in. x50 in. lathe

Terms and Conditions Online Auction 1. These terms and conditions are not all inclusive. 2. NO WARRANTIES. Every item and lot in the "Auction" is sold: (a) AS IS, WHERE IS AND WITHOUT RECOURSE", and (b) with no warranties, guarantees or representation of any kind or variety, whether expressed, written, implied or otherwise. ALL SALES FINAL, NO REFUNDS. 3. PREVIEWS. Friday and Saturday Feb 4th and 5th 2022 9AM to 3PM Sharp. All merchandise is publicly displayed prior to auction. We recommend that each item be examined thoroughly. Internet purchasers are urged to have items inspected by an independent appraiser or a third party consultant. Neither Grindstaff’s nor the consignor makes any warranty or representation with respect to the correctness of the catalog. If you choose to bid without inspecting the items, your bids are in accordance with your investigation and due diligence NOT our descriptions or representations. You assume all risks associated with bidding without inspection. 4. BIDDING. Property will be sold to the highest bid. Please bid as early as possible. Once a bid is submitted it cannot be retracted. In the event of duplicate bids, the earliest bid will take precedence. The Auctioneer has the right to refuse any bid not commensurate with the value of the item being sold. If any dispute arises after the sale, Grindstaff’s records shall be conclusive in all respects. Consignors may not bid on their own property. Pooling or collusive bidding is prohibited. By clicking the Accept/Submit button during Registration, you, as the bidder, are agreeing via your IP address to the terms and conditions of this auction. 5. Should my bids be successful, I guarantee payment for the items purchased according to the terms and conditions of the sale and I further understand that Grindstaff’s has the right to pursue the legal means necessary to collect any funds due and that I am liable for any costs incurred in the collection of said funds, which can include, but are not limited to: attorney's fees, court costs, transportation, etc. I realize I may need to arrange for additional help for the removal of large pieces. I understand that there are no returns, and I cannot cancel the sale of purchases made at this auction. I also understand that Grindstaff’s may, at its discretion, charge my credit card for purchases made over $1,000.00 prior to the auction’s close. I understand that my 25% deposit on a successful bid is non-refundable and may be placed on my credit card. Although Grindstaff’s makes every effort to execute all bids, I understand that missed bids by Grindstaff’s for any internet issues that arise at any point during the auction process are not the responsibility of Grindstaff’s. Grindstaff’s shall not be held responsible for any failure of any electronic equipment or electronic connections during bidding. 6. BUYER'S PREMIUM: A buyer's premium will be applied to the successful sale price for all bidders of 18% on each lot. This premium will be added to each and all lots sold in the auction. Please bid accordingly. 7. PAYMENT. Payment is due by Thursday, February 10 2022 at 5:00PM EST. Payment shall be made in the form of cash, MasterCard, Visa, Discover, American express, and wire transfer. Company or personal checks will be accepted when accompanied by a letter of guarantee from the bank. All charge cards on file will be charged if not paid in full by Thursday, February 10, 2022 by 5:00PM EST Any invoices totaling 5,000.00 will require a wire transfer unless paying by cash. 8. REMOVAL. Removal for small items will be Friday and Saturday Feb 11th and 12th 9AM to 4PM EST Removal for large machinery will be by appt. week of Feb 14th 9AM to 3PM. Please call Anne Grindstaff 804-301-2488 A checkout person will be at the auction site to verify your paid receipt. This checkout person will show you the location of your assets within the building but is not a mover and will not assist in loading so please bring any help you may need to move assets out of the building. Buyer is responsible for any boxes, packing material, hand trucks, or dollies they may need to remove their purchases. Buyer is responsible for any damage done to the building or grounds in the removal of their purchases. Buyer must remove the lot(s) in its(their) entirety. No pieces or portions of any lot shall remain at the auction site after the pickup date shall be considered abandoned unless prior arrangements are made.