SeizedAcquisitions.com (“Website”) is the official public
auction site of U.S. Property Acquisition Services (“U.S. PAS”). Bidding on
this Website constitutes acceptance by Bidder of all the Terms and Conditions
of Sale as stated herein.
Registration: Registration is required prior to bidding on
any item. This auction site is only
available to people who are legally able to form binding contracts as the buyer
of an auction item. People who are of under the age of 18 are not eligible to
use these auction services. Registered
users must give their real name, address, and contact information. The
information collected during the registration process is used to communicate
with the bidder about the auctions, as well as to facilitate the payment
process.U.S. PAS may follow up registration with phone confirmation of account set up. U.S. PAS
respects the privacy of its users and does not share this information with any
third parties, except where required by law. At
this time, registration is only open to U.S.
residents. U.S. PAS
reserves the right to suspend or cancel your account on this Website, for any
reason whatsoever, to include fraud, disruptive behavior on the site, or any
cause that U.S. PAS deems to have merit.
Merchandise
Descriptions: ALL LOTS ARE
SOLD "AS IS" AND WITH ALL
FAULTS. PURCHASER HEREBY ASSUMES ALL RISKS
CONCERNING AND RELATED TO THE GRADING,
QUALITY, DESCRIPTION, CONDITION, AUTHENTICITY, AND
PROVENANCE OF A LOT. Weight, size, estimated value,
origin, quality, age, condition, rarity, and importance, are not guaranteed for
any item. Oral statements made by representatives of U.S. PAS
shall not convey a warranty of any kind, implied or expressed, with respect to
any of the above-mentioned characteristics.
U.S. PAS provides a limited guarantee on auction item
listing descriptions as described below: Guarantee of gem stone categorical
description (i.e.- a diamond is guaranteed to be a diamond). Guarantee of gold karat description (i.e.
14K, 18K,…). Guarantee of watch make. Watches may be pre-owned and it is assumed that
watches have after-market accessories which are not of the same make, such as
diamond dials, bezels, or bands, unless otherwise stated. U.S. PAS
guarantees hand signatures of artists, athletes, and other notables, to be
authentic. Gold and silver coins are guaranteed to be genuine. However, condition and grade are not guaranteed, as these are a matter of opinion.
Estimated
values may or may not be given for any particular lot. The estimated value represents U.S. PAS’s
opinion of the price a lot might bring at auction. The actual selling price could be
significantly different from estimates. U.S.
PAS will not be liable if the actual selling
price is different from the estimate. In
any case, estimated values are not guaranteed.
Bidding Process:
Registered users may place bids on any of the items up for auction on the
Website. By bidding, the user is
entering into a legally binding contract, so U.S. PAS
encourages all bidders to examine the items.
Bids are considered final so bidders are encouraged not to bid unless
certain of their ability and desire to pay for an item at said bid price. U.S. PAS
reserves the right to require deposits to secure bids. Occasionally, items will be sold with
reserves, with or without advance notice. U.S. PAS
reserves the right to bid on it own behalf or for the benefit of any consignor
up to the reserve amount on any item. Bids must be for an entire lot and each
lot constitutes a separate sale. No lot will be broken up unless otherwise
permitted by the Auctioneer. Bids must be made in standard bidding increments
as set forth on the Website for the subject sale. U.S. PAS
shall have the right in its sole and absolute discretion to adjudicate all
bidding disputes and shall have the right, but not the obligation, to rescind
the acceptance of any bid and re-auction the item. Certain lots may be constrained due to
contract and may be subject to confirmation.
All sales are final.
Disputes:
If a bidder establishes that the item description of purchased property is
grossly and materially inaccurate, said bidder must give written notice of
discrepancy to U.S. PAS by email or certified
mail within 14 calendar days of purchase. If bidder proves such assertions to the
satisfaction of U.S. PAS, the sale of said
lot will be withdrawn. Bidder will
receive RA number (Return Authorization Number) as well as return
instructions. Upon receipt of the
merchandise, in the same condition it was at the time of the sale, U.S. PAS
will refund to bidder the full purchase price, which includes hammer price, and
any applicable buyer’s premium, and any taxes paid. No other costs that the bidder sustained will
be refunded to the bidder, including costs for transportation or insurance. NO
UNAUTHORIZED RETURNS OR PACKAGES WITHOUT VALID RA#S WILL BE ACCEPTED BY U.S.
PAS.
Settlement: The successful bidder is obligated to pay
in full for the item bid upon. Fees include
the winning bid amount as well as the flat shipping and handling fee, which is
indicated in the item description. In
addition, Maryland residents will
be required to pay 5% sales tax which will be added to the final purchase price. To claim exemption from sales tax, a valid
resale certificate must be presented upon checkout. If necessary, please email
customer support in order to request the appropriate form. Payment of the hammer price, buyer’s premium,
shipment fees and any applicable taxes must be made within three days of the conclusion
of the auction. We welcome Visa, MasterCard, American Express, and Discover. Payments are to be made securely
from our website. If preferred, customer may contact us to make payment over the phone. Any payment not made to U.S. PAS
within three business days of the auction is deemed to be late. U.S. PAS
reserves the right to rescind the sale, pursue legal action against any late
payer and to bar him/her from future auctions. All return privileges are voided
by late payment. Any tax not paid by
Bidder which should have been paid even if not collected by U.S. PAS
by mistake, error, or gross negligence, Bidder agrees to promptly
pay on demand together with any interest or penalty that may be assessed.
Shipment: Upon
receipt of payment in full, U.S. PAS will
ship the item to the shipping address indicated during the registration
process. If the shipping address is
different than the billing address, further documentation may be required. Most items should be shipped within seven to ten
business days of payment. Please note
that in the case of larger merchandise (i.e.- furniture) shipping transit time
may be longer than the usual time. Shipping
and handling costs are noted in the description of each lot, and include
shipping, handling, and insurance coverage.
General: U.S.
PAS reserves the right to withdraw property
from the sale for any reason and with no liability whatsoever for such
withdrawal. Withdrawal may take place at
any time, including prior to, during, or after an auction. If the item is withdrawn after payment has
been received, a full refund of all monies paid will be issued to the bidder.
U.S. PAS reserves the
right to change the terms and conditions the sale with or without advanced
notice. It is the responsibility of the
user to review the terms and conditions prior to using the Website.
U.S.
PAS IS PROVIDED ON AN "AS IS"
BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. THIS DISCLAIMER OF LIABILITY APPLIES TO ANY
DAMAGES OR INJURY CAUSED BY ANY FAILURE OF PERFORMANCE, INTERRUPTION, ERROR,
OMISSION, DELETION, DELAY IN
TRANSMISSION, COMPUTER VIRUS, OR UNAUTHORIZED ACCESS.
IN NO EVENT WILL U.S.
PAS BE LIABLE FOR ANY DAMAGES ARISING OUT OF
THE USE OF OR INABILITY TO USE U.S.
PAS WEBSITE. SUBSCRIBER HEREBY ACKNOWLEDGES
THAT THE PROVISIONS OF THIS SECTION SHALL APPLY TO ALL
CONTENT ON U.S.
PAS WEBSITE.
IN ADDITION TO THE TERMS SET FORTH
ABOVE NEITHER, U.S.
PAS, NOR
ITS AFFILIATES, INFORMATION PROVIDERS OR CONTENT PARTNERS SHALL BE LIABLE
REGARDLESS OF THE CAUSE OR DURATION, FOR ANY ERRORS, INACCURACIES, OR OMISSIONS
OF THE INFORMATION CONTAINED ON THE U.S.
PAS WEBSITE. NONE OF THE FOREGOING PARTIES
SHALL BE LIABLE FOR ANY THIRD-PARTY CLAIMS OR LOSSES OF ANY NATURE, INCLUDING,
BUT NOT LIMITED TO, LOST PROFITS OR DAMAGES.