Auction Terms

	Buyer's Premium	Cap
	15.00%	$1,500.00

We accept Cash, All Major Credit Cards up to $3000.00 either in person or by phone, PayPal, Cashier's Checks, Money Orders or Personal Checks under $100.00 with a valid ID.

Please Note that if we do not have pennies on hand your total will be rounded up to the nearest nickel.

**A.L.A. IS UNABLE GUARANTEE THE AVAILABILITY OF ITEMS THAT ARE NOT PICKED UP ON REMOVAL DAY**

**It is the sole responsibility of all buyers to pick their items within the hours listed ON REMOVAL DAY.

In the event a buyer is unable to pick up their items on removal day, it is the buyer's responsibility to make arrangements to send someone in their absence.

Removal dates and times are posted in every auction. We are UNABLE to accommodate alternate dates/times outside those listed, please do not ask.

**At time of winning, after an invoice has been PAID IN FULL, ownership of the asset(s) along with the risk of loss, pass immediately to the buyer.

**Invoices that were paid in full yet the buyer has not taken possession of by the scheduled removal date, will be considered abandoned.

**Items that are not PAID for by the end of the scheduled removal will be considered a "no-show" and abandoned.

**By leaving the auction site, buyer agrees that all lots were as described, and acceptably loaded releasing A.L.A from any claims of incomplete, incorrect or missing items.**

If you feel a item was not listed properly, you must bring the issue to the attention of our staff on removal day. All items are sold AS-IS Where Is. If you have questions please inspect the item PRIOR to bidding. No refunds will be issued after the item has left the removal site!

**Auctioneer, Asset Liquidation Auctions, and /or removal location owner are not liable for damages during removal.

Any personal paperwork or photos mixed within a lot MUST be left at the auction site for review, and MAY POSSIBLY be able to be retrieved at a later date. In the extremely rare occurrence of an illegal or regulated item found within a lot, ALA will work with the buyer to secure and rectify the issue as necessary.

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.

Bidders are responsible for all activity under their account.
Account information and passwords must not be shared.
All bids are binding and may not be retracted.

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

Items with a reserve will not sell unless the reserve price is met.
Affiliates may lower reserves at any time:
- During the auction: updated reserve status will be displayed.
- After closing: the highest bidder may be awarded the item if the reserve is lowered.
At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
Outbid notifications are not sent once an item enters the closing 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:

Reinstatement is at K-BID’s discretion
Requires payment of:
- 20% penalty on unpaid invoice(s)
- $25 reinstatement fee
A valid government-issued ID must be provided
Unpaid items will not be awarded

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.