Noel Auctioneers & Real Estate Advisors 1478 Alton Rd. Lawrenceburg, KY 40342 (859) 612-9175 info@Noelauctioneers.com TERMS AND CONDITIONS PLEASE READ ALL TERMS AND CONDITIONS PRIOR TO BIDDING!!! PERSONAL PROPERTY/EQUIPMENT IS OFFERED UNDER THE SPECIFIC TERMS AND CONDITIONS PROVIDED HEREIN. PLEASE READ AND REVIEW THOROUGHLY PRIOR TO BIDDING ON ANY PERSONAL PROPERTY OR EQUIPMENT. IF YOU HAVE NOT READ AND REVIEWED THE TERMS AND CONDITIONS, DO NOT BID. PLEASE REFRESH YOUR PAGE! Please remember to refresh your page during the bidding. The bidding page you are viewing shows you the bid at the time you logged on to that page. YOU MUST REFRESH YOUR PAGE EVERY SEVERAL SECONDS to view accurate bids. This is particularly important during the final minutes of bidding for an item. Payment and Pickup: Payment and Pickup must be made by Thursday, June 13, 2024 from 10 am - 4:00 pm (EST). All items must be paid for in full prior to removal. Payment may be made by cash, credit card (VISA, American Express, Discover or Mastercard), Official Bank Check, or bank certified check. Most buyers choose to pay for their items when they pick them up. If you fail to pick up your items, we will charge your credit card. Auction Invoices over the amount of $1,000 will require a certified check, personal check, money order, or wire transfer. No card transactions unless processed in person. Please note that if you have an invoice over $1,000, we will send a separate invoice reflecting the 10% BP for check/wire transfer, after the initial email. Thank you. All purchases that have not been paid by Thursday, June 13, 2024 from 10 am - 4:00 pm (EST) will be automatically charged to the credit card used at registration. There will be a $25 late fee added to your total invoice if you fail to pick up your winning items on the arranged pick up date. All purchased items must be removed by the deadline of Thursday, June 13, 2024 from 10 am - 4:00 pm (EST). Any items not removed by the deadline will, at Auctioneer's discretion, be discarded or resold with proceeds retained by Auctioneer. There will be NO REFUND to the purchaser for these forfeited items. TAX: Per the state laws of Kentucky, all invoices will be charged an additional 6% sales tax, unless a Tax Exempt has been filed with Noel Auctioneers. Those that have a tax exemption with HiBid or other auction platforms are not valid with Noel Auctioneers. Please reach out before payment is processed about your Tax Exemption. As the point of sale is made and processed (cards, checks, cash, etc.) in KY, tax is applied, even if another state does not charge tax. In order to remove tax, a legal tax exemption form and number must be provided to Noel Auctioneers. If a bidder purchases a vehicle, there is no tax charge at the time of the sale. Any other items with title transfers, please connect with Noel Auctioneers to clarify tax requirements. As a reminder, Farm tax exemption only applies to items for the farm/business, and therefore, any items being bought for personal use, will have tax applied to those individual items. Again, with more questions, please contact Noel Auctioneers at 502-715-0009. Item Transportation: Noel Auctioneers must be notified via phone or email (claire@noelauctioneers.com) of any items that cannot be picked up on an auction pick up day, if we are NOT notified, then your items will be forfeited. Storage of Personal Property Items: Any item stored at Noel Auctioneers facility exceeding 10 business days will be subject to $1 per day storage fee. Forfeiture of Items: Any item/lot that has not been picked up from any Noel Auctioneers Auction location within 15 days will, at auctioneer's discretion, be discarded or resold with proceeds retained by the Auctioneer. Shipping: There will be a handling fee if you need your items shipped, as well as an additional shipping fee. We will select the most cost efficient postal carrier for your shipping, unless otherwise requested. Prices will vary based on weight and of items purchased. Fragile items may require additional packaging for protection. Noel Auctioneers DOES NOT provide shipping, shipping preparation or transportation services for any items larger than the size of the largest U.S. Postal Service flat rate box. Removal of items, moving, packaging, loading, transporting, shipping and shipping preparation (on items larger than the above-stated size) are the sole responsibility of the purchaser. The shipping insurance is available through most shipping companies and would be the expense of the buyer (optional). We will add insurance upon request. Noel Auctioneers and the seller WILL NOT be liable for any lost or damaged packages. Location of All Items: 1478 Alton Rd, Lawrenceburg, KY 40342 (specific apartment number will be included in emailed invoice post-auction). SERVER & SOFTWARE TECHNICAL ISSUES: Online bidding is offered as a courtesy. The Auctioneer, Noel Auctioneers & Real Estate Advisors, and the Internet and Software Providers do not guarantee or warrant the online bidding procedure and/or system to operate without interruption or malfunction. In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Noel Auctioneers & Real Estate Advisors reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE, SELLER or NOEL AUCTIONEERS & MARKETING GROUP SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. NEW DATA, CORRECTIONS, AND CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. Disclaimer & Absence of Warranties: All items are being sold on an "AS IS, WHERE IS" basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Noel Auctioneers & Real Estate Advisors Agents or Representatives. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Noel Auctioneers & Real Estate Advisors Agents or Representatives. All sales are final. Buyer's Premium: A 15% buyer's premium will be added to the winning bid for each item to determine the final selling price. Please note that payment with cash or check will have a 5% discount, bringing the buyer’s premium down to 10%. BUYERS MUST PROVIDE THEIR OWN LABOR, TOOLS, REMOVAL EQUIPMENT, PACKING MATERIAL AND BOXES IF NEEDED. All items must be removed in a safe, proper, workmanlike manner. There will be a fee added to your total invoice if you fail to pick up your winning items on the arranged pick up date. There will be a handling fee if you need your item/items shipped. As well as an additional shipping fee. Registration: Registration is free but does require several important pieces of information. As with our live auctions, bidders must be registered with a full name, address, and telephone number. An email address is also required so bidders may be sent winning bid notifications and auction invoices. Information from either a MasterCard or Visa is to be held on file. This information is obtained to deter defunct bidding. The account will be charged in the event that an item has been unpaid after the allotted time for payment has passed. Registration may only be completed with an acknowledgment that the bidder has read and understood all terms and conditions for the sale and online bidding. Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Noel Auctioneers & Real Estate Advisors will reject the registration, and bidding activity will be terminated. The Seller and Noel Auctioneers & Real Estate Advisors reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. When using the web-site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. Noel Auctioneers & Real Estate Advisors retains the right to prevent anyone from participating in this and future online auctions who does not abide by the terms and conditions of the auction or whose actions are not in the best interest of our client, the Seller. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Noel Auctioneers & Real Estate Advisors are final. Merchandise: All descriptions and information are believed correct, but are not guaranteed and as such the Auctioneers, Noel Auctioneers & Real Estate Advisors and/or the Seller shall not be held liable for inaccuracies in the information. It is the Bidders responsibility to obtain or verify, prior to bidding, any information they consider critical to their decision to purchase. Preview times are available by scheduling an appointment for potential bidders to physically inspect the items. All bidders are encouraged to inspect and research all aspects of the items, descriptions and information provided to their complete and full satisfaction prior to bidding. The items are being sold "as-is" "where-is" with no warranties or guarantees of any kind including merchantability and/or fitness for particular purpose. Bidding: Online bidding is to be understood as a binding contract. Bids will be taken with the understanding that the bidder will honor their winning bid with sufficient funds including all applicable taxes and fees. Do not bid if you do not intend to pay. Notification of winning bids will be sent via email along with an auction invoice within 24 hours of the auction's close. Bidding can be made using two methods on our website- "Your Bid" and "Your Maximum." "Your Bid:" This feature allows the bidder to input a single bid as in a live auction. For example: the bid for item #1 is currently $2,000 placed by bidder A. Bidder B wishes to bid $2,500. By placing a bid of $2,500 in the "Your Bid" box, Bidder B now has the current winning bid. If Bidder A wishes, he/she may bid again, continuing the auction cycle. "Your Maximum:" This feature does your bidding without the bidder having to constantly view, log in, and bid on an item. Setting a maximum online is much like coming to a live auction with a preset spending limit in mind. The program will bid for you, in the prescribed increments, and only up to your spending limit for the item. For example: item #3 is currently at $5,000 with Bidder A having the winning bid. Bidder B wants to place a bid and is willing to spend as much as $7,500 for item #3. If Bidder B places a maximum bid of $7,500, the price of the item rises only to $5,050. Bidder A returns to the item online and places his/her maximum bid at $5,250. The program automatically does the bidding: A-$5,100, B-$5,150, A-$5,200, B-$5,250. The bidding stops at $5,250 with Bidder B winning because the next bid would be $5,300, which is more than Bidder A's limit. Maximum bids are kept confidential. Any bidder can raise a bid or a maximum bid at any time prior to the close of the auction. Close of Bidding: The bidding will begin to close at 7:00 PM (Eastern time zone), Monday, February 19th, 2024. For your convenience, the closing of items will be on a staggered basis of 5 items every minute. For example, items 1-5 will begin closing at 6:00, items 6-10 will begin closing at 6:01, items 11-15 will begin closing at 6:02, etc. The closing of some items may be extended in the event of last minute bidding. See paragraph below regarding the Extended Ending feature. Extended Ending: The items in the auction will be subject to an extended ending, whereas at the close of the auction, any bidding activity on an item within 5 minutes of the closing time will automatically extend the bidding for 5 more minutes past the time of the last bid. The bidding on that lot will continue to remain open in 5 minute intervals as long as there is bidding activity within 5 minutes of the previous bid. Once there is no bidding activity for a 5 minute period, the bidding on that item will close. For example, if a lot is supposed to close at 6:00 PM but a last minute bid is placed at 5:59 PM, bidding will be extended until 6:04 PM. If another bid is placed on an item at 6:02 PM, bidding will then close at 6:07 PM, unless subsequent bids are placed. Penalties: Any bidding found to be fraudulent and/or negligence to provide proper payment in the allotted time will result in all appropriate legal action. Any invoice not fully and properly paid for in the allotted time will be charged to the credit card account presented at registration and the items forfeited. Delinquencies will be noted and will prevent the individual from participating in any further live or online auctions conducted by Noel Auctioneers & Real Estate Advisors. Auctioneer's Right to Bid: It is hereby disclosed that with the seller's permission Noel Auctioneers & Marketing Group, Agents, Representatives and staff reserve the right to bid for themselves and buy. In addition, Noel Auctioneers & Real Estate Advisors reserves the right to bid on the behalf of absentee bidders and for any other bidder in accordance with their authorization and to enter ANY bidding on the seller's behalf except in the case of Absolute offerings. Agency: Noel Auctioneers & Real Estate Advisors has an exclusive right to sell listings for this transaction. All negotiations must be conducted through Noel Auctioneers & Real Estate Advisors Auctioneer/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being provided for the bidder's convenience and it is the bidder's responsibility to determine the information contained herein is accurate and complete. The equipment is sold in its 'as-is' condition with no warranties expressed or implied. As previously noted by bidding on the property, the buyer agrees to all terms and conditions set forth. All questions regarding this auction should be directed to Jonathan Noel-Auctioneer with Noel Auctioneers & Real Estate Advisors.