All online auction sales will be conducted according to the following. In bidding you consent to be bound by these terms and conditions.
Full Name and Address Required
All bidders must provide their full name, address and daytime/evening phone number. MyBidMN reserves the right to deny registration.
Sold to Highest Bidder Unless Seller's Reserve
All items in the auction will be sold to the highest bidder unless the seller has a minimum reserve price. In this case the bid price is subject to the seller's confirmation. In some cases, the auctioneer may bid on behalf of the seller to protect the reserve. Disputes over the winning bid price or any other problem will be settled according to records kept by MyBidMN.
Bidder Inspection and "As Is, Where Is" Condition
When Inspection Times are provided, bidders should examine and inspect items prior to bidding. In all cases, all items are sold AS IS, WHERE IS WITH ALL FAULTS. The seller and MyBidMN expressly disclaim any warranty concerning the condition, quality, nature, fitness for particular purpose, value or merchantability of any item. No allowance will be made for errors in cataloging, genuineness, defects or imperfections not noted. Online photographs are provided for bidders' convenience and will not be interpreted to create representations or warranties for any item.
Removal and High Bidder's Responsibilities
All removal is at the expense, liability, and risk of the purchaser including disconnecting of utilities. Rights of the high bidder to purchase the item end on the last day and time of announced checkout. At this time the item(s) will be considered abandoned by high bidder. MyBidMN reserves the right to dispose of the item(s) according to its discretion. Any high bidder that fails to complete a transaction will be held responsible for all damages resulting from that action included, but not limited to, storage costs, interest, filing fees, and attorney's fees. Items paid by the high bidder but not removed by the announced checkout will be considered abandoned, and will be disposed of at the discretion of MyBidMN. A refund will not be given. At the time of removal, the bidders or agents are responsible for checking that all paid/purchased items are in their possession. If there is a discrepancy, it must be resolved within one day of pickup.
Claims and Non-Delivery
No claims will be allowed after an item has been removed from the auction site. Neither MyBidMN nor the seller shall be held liable for non-delivery to any high bidder of any item. If payment has been made, the high bidder shall receive a refund for the sum paid. This guarantee of refund shall be null and void if high bidder fails to remove item before the last day of announced pickup/removal times.
Item Offerings and Removals
MyBidMN according to its discretion, may offer items by the piece or by the lot. It also may intersperse the auction with items from various sellers. The seller, with the consent of MyBidMN, has the right to remove items from the auction before or after bidding is completed. In the event of removal after bidding is complete, the high bidder's sole remedy shall be the refund of the amount actually paid if payment has been made.
Auction Participation and Compliance with Terms
By participating in an auction, bidders represent, irrefutably warrant and covenant that:
Auction Participation and Bidding Errors
Immediate notification is required if a mistake is made in bidding. Bidders may still be held responsible for the bid.
MyBidMN as Agent Only
MyBidMN is acting only as an agent and is not responsible for the action of the principals.
Item Removal from Auction Site
MyBidMN will announce the removal or "check-out" period for each auction on that auction's online site. Online auctions will have the details posted on the auction event page. MyBidMN will assume no responsibility for any part of item removal. High bidders/purchasers will assume sole responsibility and risk for disassembling, disconnecting (including power and water and all utilities), loading and trucking all purchased items. Purchasers will repair personal property that is altered or damaged in the removal of their items.
Malfunction, Shutdown, Loss of Service
The results of the auction may be rendered void if malfunction, shutdown, or temporary loss of service occurs. In such an event, MyBidMN reserves the right to remedy the situation in whichever way best represents the seller, including the cancellation of existing bids. MyBidMN shall not be held liable in any way for any malfunctions, shutdowns, or loss of service.
Auction Closing and Payment and Pickup
Each auction has its own ending time listed on that auction's site and in advertisements. Auctions end automatically at this time unless the two minute extended bidding is in effect.
Notification/invoices will be sent to winning bidders. In the event that you have not received your notification/invoice by the afternoon of the day following the closing of the auction, please contact Eric at 651-276-2558.
High bidders/purchasers are expected to make arrangement for removal, riggers, etc. so that they can conform to the pickup days allotted.
Methods of payment include: Cash, Check, Visa, Mastercard, Discover, PayPal, and Wire Transfer.
All high bids are subject to a Buyer's Premium plus applicable sales tax (10% - 16%). For resellers or tax exempt, provide a copy of your state exemption certificate.
Indemnification and Acceptance of Auction Terms by Bidders
Purchaser and Bidders agree to indemnify and hold harmless both the seller and MyBidMN from and against all claims and liabilities resulting from online auction, including but not limited to: proximate or consequential damages, failure to comply with local, state, or federal laws, and cost of legal expenses arising there from. No person shall have any claim against MyBidMN, their respective agents or employees for any injuries sustained or damages to or loss of property that may occur at the auction site.
These Terms and Conditions, and all questions with respect to the interpretation of these conditions, shall be governed by and construed in accordance with the internal laws of the State of Minnesota, without regard to conflict of laws provisions. All bidders expressly consent to personal and exclusive jurisdiction in the courts of the State of Minnesota located in Dakota County. In bidding, you consent to agreeing with all the Terms and Conditions stated above and any auction specific terms posted on each auctions event page and/or terms emailed to you and or terms posted on MyBidMN.com.