| Buyer's Premium | Cap | ||
|---|---|---|---|
| 15.00% | $1,500.00 | ||
Auction Address: 883 29th Ave SE, Minneapolis, MN 55414
Deadlines: Failure to remove items by the deadline may result in forfeiture of the item without refund.
Rescheduling: A $25 fee will be applied for any unauthorized or last-minute rescheduling.
Facilities: The ReUse Warehouse provides access to a commercial-height loading dock (with leveler), a grade-level dock, and on-site forklifts.
Labor Fee: While standard loading assistance is typically included, we reserve the right to assess a labor fee of $75 per hour for removals requiring excessive time, specialized handling, or where the buyer arrives unprepared. Potential charges for complex lots will be noted in the description whenever possible.
Labor Responsibility: Buyers are responsible for bringing an appropriate vehicle and any labor required for loading. Our staff provides forklift assistance for items of any weight but only provides hand-loading assistance for items under 100 lbs.
Condition: While photos and descriptions are provided for reference, they do not constitute a warranty. It is the sole responsibility of the bidder to verify condition, quality, quantity, and dimensions during the designated inspection period prior to the auction close.
No Post-Auction Refunds: Refunds or returns will not be issued for defects or condition issues discovered after the auction has ended.
Liability: The UMN ReUse Program is not liable for missing or damaged items once they have been removed from the premises.
Abandonment: Items not removed by the deadline are considered abandoned. Abandoned lots are not eligible for refunds.
Auction Terms Addendum
This auction is contracted and managed by an independent affiliate. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.
Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies (“Affiliates”) to conduct online auctions.
Affiliates are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.
Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.
Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.
Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.
Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.
Auction Process
Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.
If bidding privileges are suspended due to unpaid invoices:
Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.
Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.
Sales Tax
Applicable sales tax will be collected by the affiliate managing the auction.