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1. Registration: RELIABLE TOOLS, INC., at its sole discretion, may deny
registration to any person or entity.
2. Any and all announcements made by the Seller on the day of the
auction sale shall supersede any other written or oral
information previously distributed.
3. Seller make no representations, warranties, promises, covenants or
guarantees, expressed or implied, as to defects in or the
completeness or accuracy of the description in any advertising
of any item(s) being auctioned and is not responsible for any
advertising discrepancies or inaccuracies of any kind. All items
are sold on an AS IS, WHERE IS AND WITH ALL FAULTS BASIS WITHOUT
EXCEPTION and WITH REMOVAL AT BUYERS SOLE RISK AND EXPENSE. THE
SELLER MAKE NO REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS
OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED, AS TO THE
NATURE, QUALITY, DURABILITY, CAPABILITY, FUNCTION, PERFORMANCE,
VALUE OR CONDITION OF THE ITEM(S) BEING AUCTIONED OR ITS (THEIR)
SUITABILITY FOR ANY USE. THE SELLER EXPRESSLY AND SPECIFICALLY
DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR
FITNESS FOR A PARTICULAR PURPOSE. The undersigned hereby waives,
releases, remises, acquits and forever discharges the seller,
and their respective employees, agents, or any other person
acting on behalf of the Seller, of and from, and shall indemnify
and hold the Seller, and their respective employees, agents, or
other persons acting on behalf of the Seller from and against
any claims, actions, causes of action, demands, rights, damages,
costs, expenses or compensation whatsoever, direct or indirect,
known or unknown, foreseen or unforeseen, which the undersigned
now has or which may arise in the future on the account of or in
any way growing out of or connected with any defects, latent or
otherwise, or the physical condition of any item(s) purchased or
any law or regulation applicable thereto. The undersigned
specifically waives the provisions of California Civil Code
section 1542, which provides: "A general release does not extend
to claims which the creditor does not know or suspect to exist
in his favor at the time of executing the release, which if
known by him must have materially affected his settlement with
the debtor."
4. The Seller encourage the undersigned to avail itself of the
opportunity to make inspections prior to bidding and/or
purchasing. The undersigned hereby acknowledges that it has
inspected or voluntarily waived said inspection of all of the
items upon which it will be bidding and/or does purchase.
Auction sales are subject to cancellation and items are subject
to prior sale. The seller’s secured creditors must confirm all
sales. The Seller reserve the right to augment this auction with
items from additional sellers. These items may be interspersed
and not specially identified throughout the auction sale.
5. The Seller shall regulate all matters relating to the conduct of the
auction and the Seller’s decisions shall be final and binding on
all bidders. The Seller reserves the right to group, regroup,
reduce, add to or delete lots as well as accept or reject any or
all bids at the Seller's sole discretion. The Seller also
reserves the right to offer any or all of the items in bulk at
any time during the auction at the Seller’s sole discretion. The
Seller shall determine the bidding increments and the Seller
and/or seller may bid on any item(s) to protect its financial
interest or indebtedness at its sole discretion. Some items may
be auctioned with reserve, subject to the seller’s right of
confirmation. Immediately upon knockdown and the Seller has
declared the undersigned to be the purchaser, all items
comprising of the lot become the sole and absolute
responsibility of the undersigned and the undersigned shall
thereupon and thereafter assume all risk of loss (including, but
not restricted to loss by way of theft or damage) and liability
relating to such items. The undersigned is advised to
pre-arrange insurance coverage for its purchases. Title to and
possession of the lot shall not pass to the undersigned until
the Seller has received payment for all lots duly purchased in
full. PLEASE NOTE: ON-SITE BIDDERS and INTERNET BIDDERS will be
charged a Buyer's Premium. Please check each sale for the
Premium to be charged.
6. On the day
of the auction (unless otherwise announced) all purchases must
be paid in full (No exceptions) by cashiers check, or bank wire
made payable to the Seller. Credit cards are not accepted. A fee
will be charged by the Seller for wire transfers. Personal and
company checks will be accepted at the Seller’s sole discretion,
only if accompanied by a letter of guarantee by payers bank
guaranteeing unqualified payment to Seller for the total amount
of purchase. Seller must approve all payment methods in its sole
and absolute discretion prior to bidding. The Seller reserves
the right to determine, in the sole judgment of the Seller, the
validity of all cashier checks and letters of guaranty. Wire
transfer information for payments to the Seller is set forth
below. If for any reason the undersigned fails to pay the
purchase price within the time limit set forth in the catalog or
announced by the Seller at the sale and/or fails to remove 100%
of its purchases on or before the date and time announced by the
Seller prior to bidding during the opening announcements, and/or
fails to comply with any other conditions or term of sale, such
item(s) will be considered abandoned and the Seller may resell
at public or private sale without further notice, or otherwise
dispose of any and all of such items and the undersigned hereby
agrees to pay any deficiency and all removal and other costs
relating to such resale together with all charges, legal fees,
interest and expenses in connection with such sale or
disposition, plus a $500.00 per diem fee per item until such
item(s) is (are) removed. The undersigned further agrees that
the Seller and/or seller may retain all monies received pursuant
to any such resale and apply such monies to any such deficiency
without further notice. No claim will be considered for
allowance or rescission of any sales based upon failure of the
property to correspond with any standard expected.
Note to Internet Bidders:
Final payment information will be provided in a separate invoice
within 48 hours following the auction. Payment must be received
in full within 24 hours of receipt of invoice.
7. Applicable
sales tax will be added to the purchase price and the buyer’s
premium of all taxable auction items. The undersigned shall
provide proof satisfactory to the Seller of its entitlement to
claim exemption from sales tax, which proof must be
representative of the same industry as the item(s) that are
purchased. In the absence of proof satisfactory to the Seller,
the buyer shall pay all taxes. The Seller or seller will not be
responsible for any penalties regarding registration fees or
smog certificates related to motor vehicles. Certain vehicles as
announced and/or noted on buyers invoice will be sold “AS IS”
with a Bill of Sale only, excluding a Department of Motor
Vehicles Title or Pink Slip.
8. The Seller
shall in no event be liable to the purchaser for non-delivery of
any item(s) for any reason except for the return to the buyer of
the deposit or other sums paid for such non delivered items.
This non-delivery period extends from the fall of the hammer
until the time allotted for the removal process concludes. In no
event will the Sellers or sellers liability to the undersigned
exceed the amount actually paid by the undersigned. THE
UNDERSIGNED HEREBY ACKNOWLEDGES AND AGREES THAT THE SELLER SHALL
NOT BE LIABLE FOR SPECIAL, CONSEQUENTIAL OR INCIDENTAL DAMAGES.
9. Bidder’s
paddles are nontransferable. All bids made by the holder of the
paddle will be the responsibility of the registered bidder. A
successful bid at auction constitutes a legally binding contract
of sale. All sales are final! No refunds, returns or exchanges!
NO EXCEPTIONS!
WE
DO NOT ACCEPT CREDIT CARDS
WIRE TRANSFERS and DIRECT DEPOSITS
are the preferred method of payment for all purchases.
For WIRE TRANSFER info please call our office at
(626)4727377.

California tax applies to all state residents unless we receive proof of a resale number.
"THERE WILL BE NO EXCEPTIONS"
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