AUCTION TERMS & CONDITIONS and SITE USER
AGREEMENT
Read these terms and
conditions carefully. By accessing the site or by participating in the online
auction, you agree to these terms and conditions and make representations as
set out herein. These terms and condition are legally binding and if you
violate any of them, bids online auction, and its employees, agents and
representatives or the owner/seller may seek legal relief, including but not
limited to, reporting your conduct to appropriate law enforcement entities.
please note that these terms include an agreement by which you indemnify
owner/seller.
Online terms and
conditions are in addition to any general onsite auction terms and conditions
Bidder and Sellers agree that the terms listed below shall govern each online
auction sale. This auction will be conducted within the framework of the rules
listed below plus and other provision that may be added by the auctioneer via
e-mail or as posted on our website. All
registration information the Bidder provides to Material Bids shall be current,
complete, and accurate. Bidders & sellers must be 18 years of age or older.
A. REGISTRATION
All Buyers/Seller are required to be ID verification if the
account is personal but if it is a corporate account full corporate documents
required to be verified at the registering.
All accounts desiring to bid or sale must register prior to access to
sale items or to buy item. Registration is free. All parties require to make
deposit, provide bank guaranty or guaranty cheque before biding or selling.
B. Seller
It is the seller responsibility That the
descriptions of item appearing in the auction and in advertising prior to the
auction are believed to be correct. seller should attach clear photos of the
item also provide prove of ownership if require such as copy of the invoice or
registration card. In some cases, seller should attach third part certificate
or inspection of the material might require once seller post his item with us,
he is binding to sale only through Material Bids. Once the item is approved
Material Bids will do Marketing and send email notification to all interested
buyers to make sure that seller will get the best price for his item. Once the
item is sold Material bids will receive the money from the buyer and Material Bids
fees is 15% of the selling price.
C.
IMPORTANT FOR BUYER'S
By placing a bid through this website, you are entering into
a legally binding contract and agree to follow through with the purchase of the
item should you win the item. Once a bid has been submitted, it cannot be
retracted or changed, it is your responsibility to understand the pickup and,
if available, delivery options and costs for each item before you place your
bid. All bids are shown in the currency of the country and all taxes, pickup,
shipping, and handling charges are additional. A bid by any person shall be
conclusive proof that the person has read these conditions of sale and has
agreed to be bound by them. Bidder
expressly agrees not to stop payment, dispute or contest this transaction.
Material Bids and its consignors reserve the right to remove
any and all items from a sale at any time.
Bidder agrees not to hold Material Bids for the failure to
execute a bid for any reason on behalf of any participants.
To start bidding online or to post item for sale you must
provide a credit card, bank guaranty or guaranty cheque that a (refundable)
deposit of 30 % of the limit that you want to buy/sale with can be placed prior
to the auction event or once you register. This allows us to more accurately identify
online bidders/sellers and avoid the possibility of fetishes bids.
Bidders/sellers expressly authorize the Material Bids to use their credit card
or any kind of guaranty to satisfy the payment amount as well any deposit
required. If the bidder/sellers have not actively bid on an item/ goods and/or
does not owe any outstanding settlement, monies will be automatically released
in accordance with standard credit authorization & deposit procedures and
close the account.
D. INSPECTION/DESCRIPTION
OF ITEMS
NO PREVIEWS are available for our auctions due to
limited space and time availability but we might have some exceptions which
will be announce. Bidding is by Pictures, description & third-party
certificate if needed ONLY. ALL SALES
ARE FINAL. All items are sold "as
is, where is" with no warranty or guarantee of any kind, either
expressed or implied. While every effort is made to disclose known defects or
imperfections, we are unable to guarantee the condition of any item. Material Bids shall not be responsible for the
correct description, authenticity, genuineness, or defect in any goods and
makes no warranty in connection therewith. No allowance, return, refund or set
aside will be made on account of any incorrectness, error, imperfection, defect
or damage.
Any descriptions or representations are for identification
purposes only and are not to be construed as a warranty of any type. Buyers shall rely entirely upon the
information and photos provided and, more importantly, their own judgement when
deciding to bid.
E. CLAIMS
OR DISPUTES
Material Bids shall not be responsible for any interruption
in service, errors, and/or omissions caused by any means and does not guarantee
continual, uninterrupted or error free service or use of the Site. Bidder
acknowledges that this auction is conducted electronically and relies on
hardware and software that may malfunction without warning. In the event of any
malfunction relating to the Site, Auctioneer, in its sole discretion, may void
any sale, temporarily suspend bidding and/or re-sell any item/lot affected by
any malfunction. The decision of Material Bids shall be final.
F. PAYMENT TERMS:
Invoices will
be emailed to successful bidders within the next working day of the auction. Full
payment of the purchase price is charged to you prior to e-mail notification
that you are the successful bidder. Applicable taxes will be added to the
purchase price of all taxable items. will be in accordance with the laws of the
Country where the purchased asset is located.
Payment MUST be received NO LATER THAN 5pm the next
working day after receiving the invoice. ABSOLUTELY NO
EXCEPTIONS! (Failure to pay will result in a permanent ban from all future
auctions) and apply charges “refer to clause G”
Payment can be made in person or can be made using a CREDIT CARD, DEBIT CARD,
or CASH, Cheques are accepted.
Failure to pay will result in a permanent ban from all future auctions, and
pursuit of all legal remedies available. The buyer agrees that any item
successfully bid upon will be paid for by the buyer, following the conclusion
of the auction and if bidder is an individual acting on behalf of a corporation
registered as the bidder, the individual bidder shall be jointly and severally
liable with the corporation for payment of the purchase price plus any
applicable fees and taxes.
Material Bids reserves the right to charge any payment
option you have on file and/or to report your account to collections for the
combined total of the original invoice amount and/or any moving or disposal
charges and you will be responsible for any charges incurred by Material Bids in collecting your payment.
G. ITEMS NOT
PAID
G.1 if the winner of the bid fail to make payment
within 3 working days Material Bids reserves the right to resell the items to a back-up
bidder (the second highest bidder) without notice of the winner and charge the
winner with the different.
G.2 Remain value of -credit card,
bank or/and cheque- guaranty deposit of 30 % shall be retain after applying administration
charges of 3000 QAR.
G.3 Balance amount shall refund with
45- 90 working days.
PICK-UP/REMOVAL
The auction pick-up location is NOT at our
office address or warehouse, we will provide you with the location and contact
person, it is the buyer responsibility to collect his item/goods within 3
working days. Otherwise, Material bids has no responsibility for the item/goods