Terms & Conditons

Bidder Registration: Any information provided to us by a bidder during the registration process must be of accurate, current and complete nature. A bidder is required to be at least 18 years of age or older to qualify for bidding on AssetsNowAuctions.com. It is necessary for a bidder to provide a valid credit card. AssetsNowAuctions.com reserves the right to deny registration to any individual.

Agreement to Terms: Access and use of any online auction websites of AssetsNowAuctions.com is subject to all specific terms and conditions set forth on any individual page within the website. By accessing this website, you agree to accept all stated terms and conditions set by AssetsNowAuctions.com, without any limitation or qualification. You shall agree to obey all/any applicable laws, statutes, ordinances and regulations regarding your use of this website.

AssetsNowAuctions.com reserves the right to change any/every terms and condition of the User Site Agreement from time to time without intimation. It is a bidder's responsibility to review any/all changes made to these terms and conditions prior to each use of the website. By using the AssetsNowAuctions.com website, you agree in advance to accept any such changes.

Providing Fraudulent Information: A bidder if found to have provided false or fraudulent information on registration will be suspended or permanently banned from the website. Failing to honor an auction bid made under a bidder's bid number will cause the permanent ban of that particular bidder from the website.

Payments: Buyers of items from AssetsNowAuctions.com will receive an invoice via e-mail after the close of an auction. Unless specified in a specific item's auction terms and conditions, payment for any purchase must be made by cash, cashier's check, money order, PayPal, Visa, MasterCard or Discover. In case an item is not paid for in full by a buyer before the declared deadline, the amount will be charged to the credit card on file for your bidder number. In case the credit card is invalid or cannot be charged for any particular reason, ownership of your items will revert to the item's original owner/seller who may choose to re-sell or dispose of items at his/her discretion.

Buyer Premium: Unless stated otherwise, a 14% buyer's premium will be charged on all items present for auction. No bidder is exempt from paying buyer's premium and thus should bid accordingly. The final invoice amount will carry the actual item price plus the buyer's premium.

Product Descriptions: Any description provided on an item is believed to be correct. Explicit or implicit, description provided by a seller/owner and/or AssetsNowAuctions.com will not be construed as warranty for the item.

All Assets are sold AS IS, WHERE IS and including ALL FAULTS. AssetsNowAuctions.com advises bidders to inspect goods prior to the auction and evaluate the condition, quality, size and nature of the goods. By doing so, a bidder acknowledges that all goods and/or lots were available in said condition for inspection prior to the auction. Any expressed or implied warranties of the assets' sale and condition are specifically excluded from a sale transaction. AssetsNowAuctions.com cannot guarantee the authenticity or quality of any of the products on an auction list.

Please remember that AssetsNowAuctions.com is in no way responsible for the actions of any buyer and seller. AssetsNowAuctions.com advises customers to use the website at their own risk.

Withdrawing items from auction: Once a sale has been made, assets may need to be withdrawn from the auction lists. Please note that either the seller of the assets or AssetsNowAuctions.com reserves complete right to remove items at any point of time before or during a sale. Sellers/owners of assets posted on the auction lists reserve the right to reject any/all bids.

Removal of items after sale: After a sale, the merchandise becomes the full responsibility of a buyer. Please note that removal deadlines are to be strictly adhered to. These dates are put up along with the item information on the auction listings. Any bidder failing to pick up their purchases by the said deadlines will be subject to storage charges amounting to $3.00 on a per day per invoice basis. If an asset remains in the storage area for over 30 days after decided deadline, the asset will be considered abandoned. Any funds that may have been paid for the purchase of the asset will be forfeited for failure to abide by the terms of the sale.

Disputes between bidders: In a usual case the bidder with the highest bid will be designated at the end of the auction of a certain item or lot. In case of any dispute between bidders, AssetsNowAuctions.com reserves complete right to reopen the item for bidding. Designation of the buyer shall be decided as final by AssetsNowAuctions.com.

Indemnity: A bidder accepts responsibility for and agrees to indemnify, defend and hold harmless each Owner/Seller and AssetsNowAuctions.com and their employees, governing body, officers, owners, affiliates, subsidiaries, directors, agents and representatives from and against any and all claims, losses, damages, liabilities, judgments, fees, costs and expenses (including attorneys' fees and expenses) related to, arising from or associated with a buyer's, his/her agent's or representative's, use of the website, including but not limited to personal injuries or property damage incurred on the sale premises or during removal and transport of any auction items or lots, and arising out of, based upon, or resulting from any breach or violation of contract by bidder of this site's User Agreement policy or any use by bidder of the website or as a result of a dispute with another bidder.

Terminating agreements: AssetsNowAuctions.com User agreement contains a legally binding agreement between a bidder and AssetsNowAuctions.com until otherwise terminated by AssetsNowAuctions.com. Termination of agreement may be done by AssetsNowAuctions.com at any time, with or without notice, at the website's sole discretion. If any buyer's dissatisfaction occurs with the auction sale in any way, please contact us so as to remedy the problem.

Privacy policy: AssetsNowAuctions.com collects information of all buyers, owners/sellers for the purposes of conducting online auctions. This information is not sold or put up for lease in any way by AssetsNowAuctions.com. The AssetsNowAuctions.com website uses an emailing system to communicate with its customers' information about a particular auction or sale. If you wish to discontinue receiving such mails in the future, please let us know via email.

Bid is a contract: Placing of a bid by a bidder forms a legal contract between a bidder and the item's owner/seller. Once a winning bid is placed and upon winning, a bidder will be obligated to buy the item at the said price indicated as per your bid. Not paying for an item after bidding and winning is illegal in most states and adequate prosecution can result. Owners/Sellers of an item or property sold through AssetsNowAuctions.com website reserve complete right to reject any and/or all bids, at their sole discretion.

Copyright website information: Any/all information on the AssetsNowAuctions.com website is subject to Copyright Laws. You shall agree to not copy, reproduce, alter, modify or publicly display any content from this website without prior, express written permission of AssetsNowAuctions.com. This website is provided on an 'as is' basis without the provision of any warranties. Some states do not allow the disclaimer of implied warranties; hence the previous disclaimer may not apply to you. This warranty gives provides a customer specific legal rights and you may have other legal rights which vary from state to state. No legal advice is intended or implied by anything contained within the AssetsNowAuctions.com website. No obligation, liability, responsibility, accountability or burden is undertaken, assumed or otherwise imposed by maintaining the AssetsNowAuctions.com website.

Interpretation of user agreement under Law: The AssetsNowAuctions.com website User Agreement and any disputes that may arise out of or related to the website shall be governed by, construed and enforced in accordance with, the laws of the State of Michigan.