Global Terms:
Larry Otten Auctioneers LLC, herein referred to as Auctioneer is conducting auctions on behalf of the property's seller. By placing a bid on auctioneers online selling site or in person, the buyer is agreeing to all terms and conditions stated hence forth or posted onsite or online. Auctioneer reserves it's right to revise terms and conditions at any time.

TERMS OF SALE:
* Everything will be sold "as-is, where is, with all it's faults known or unknown".
* There is no warranty offered, expressed or implied.
* Buyer shall rely entirely on their own inspection and information.
* The bidder is responsible for knowing which item he/she is bidding on. If unsure, do not bid.
* Any information provided for item is done to the best of our knowledge and may not be 100% accurate and thus not responsible for any inaccuracies.
* Whether bidding online or in a live auction, auction company is NOT responsible for any lot disappearances prior to pickup, as always we try to prevent any theft.
* Once a bidder places the winning bid and auctioneer/online software says sold, that bidder is solely responsible for proper payment of lot(s) won, and keeping track of the lot. Auctioneer not responsible for any lot disapearances.
* Occasionally a lot will have to meet a minimum reserved price in order to sell.
* The winning bidder has effected a contract and is expected to pay for items according to winning bid placed, regardless or any unexpected computer or clerical error after that point.
* Any online credit card payment declined or onsite payment not made when due, auctioneer may at its discretion resell to another bidder at any time. Payments must be made when due.
* The Auctioneer reserves right to refuse a bid card and/or reject bids not in best interest of the seller.
* The Auctioneer reserves the right to remove an item from an auction either live or online at anytime and for any reason.
* Absentee bids accepted, a valid VISA/MC/DSVR/AMX must be given to be honored.
* Any invoice with a balance still owed after 5 business days following the auction is subject to penalty fees, and the maximum late fees allowed by the state of Texas.
* Auctioneers or owners make no warranties or guarantees as to genuineness, authenticity of, or defect in any lot and will not be held responsible for advertising discrepancies or inaccuracies. All sales are final, when awarded to the successful bidder. Buyer accepts full responsibility for all purchases made and holds the Auctioneer, owners, and property owners free of any liability in the event of theft or disappearances of any items purchased or consigned. Auctioneers is not responsible for any liability or damages occurred or associated with during or after the auction.
- Surplus Open Boxes : We consider these boxes have been opened and therefore unsure exactly what is inside. We will occasionally note a lot with for those bidding online only and cannot come inspect the box during our preview times that we ourselves are unsure about it and we are not responsible for the contents included or not included in the lot. Buyer beware as they say.
* All Children under the age of 18 are not advised, must be accompanied by a parent or guardian and supervised at all times.
* Smoking is not allowed in auction yard.

BUYER REGISTRATION:
* There is no charge to register.
* You must register for each auction to receive a bidder number.
* Online registration require a valid debit / credit card for a payment method.
* Buyers names are to remain confidential.
* Auction company reserves the right to require a cash / credit card deposit if it believes it is in their best interest.

BIDDING IN AN ONLINE AUCTION:
Click on LOGIN or NEW BIDDER and then CREATE NEW ACCOUNT and get a user name & password. Follow instructions. Very Easy !! If you need any help email at www.LarryOttenAuctioneers.com

Once you are registered and have a User Name & Password, you can place bids once a lot opens for online bidding. The bids you place are FINAL and are a binding contract. Be aware that lots will close at different times and even different days and can be extended. You are responsible for monitoring these times. Bid early.

Bids can not be retracted and are a binding contract between the Bidder and Auctioneer / Seller. Bidder is accountable to be informed about property and associated costs before bidding. A maximum bid can be placed on the property. A maximum bid is confidential, and the Bidder authorizes the Auctioneer to place bids on his / her behalf up to the amount of the maximum bid. Upon the sale of such property, information and purchase amount maybe posted for a period of time. All questions or disputes must be resolved immediately; No changes or Adjustments will be made at a later date. The Auctioneer reserves the right to reopen the bidding. An Auctioneer's decisions is final.

ONSITE PAYMENTS:
* All payments are in US funds.
* All payments are due by 5pm the following Tuesday.
* Local Texas Sales Tax : 8.25% - Sales tax applied to invoice total and Buyer's Transaction Fee.
* Buyer agrees to pay all applicable sales tax on all purchases, unless the buyer provides proof of exemption that is issued by the appropriate Local or State Government Agency. Buyers must meet exemption requirements of the state or local Government Agency at the location in which the auction is held. Buyer also agrees to pay any sales tax that may be assessed after any payment has been received.
* Payment Options: Visa, MasterCard, Discover, American Express, Wire Transfer, Debit Card, Cashiers Check and Cash.
* Wire transfers and ACH are FREE.
* Debit / Credit Cards accepted up to max of $3,000 with a 3% convenience fee when the card is swiped in person, with all sales final and no sale shall be invalidated. No refunds and credit card payments cannot be reversed.
* Please allow up to 15 minutes after an item has sold in live onsite auction, to pay for it.

ONLINE PAYMENTS:
* All payments are in US funds
* All payments are due by 5pm the following Tuesday.
* Local Texas Sales Tax : 8.25% - Sales tax applied to invoice total and Buyer's Transaction Fee, including Internet Premium.
* Buyer agrees to pay all applicable sales tax on all purchases, unless the buyer provides proof of exemption that is issued by the appropriate Local or State Government Agency. Buyers must meet exemption requirements of the state or local Government Agency at the location in which the auction is held. Buyer also agrees to pay any sales tax that may be assessed after any payment has been received.
* Payment Options: Visa, MasterCard, Discover, American Express, Wire Transfer, Debit Card, Cashiers Check and Cash.
* Wire transfers and ACH are FREE.
* Online Debit / Credit Cards accepted up to max of $3,000 with a 3% convenience closing fee with all sales final and no sale shall be invalidated. No refunds and credit card payments cannot be reversed.
* The credit card used for the method of payment on your HiBid account when registering for this auction will be charged at conclusion of auction.

ONLINE BIDDING BUYER'S TRANSACTION FEE:
* A fee will be charged on all lots sold.
* A Minimum of 13% on each lot, Buyer fee varies, refer to bidding platform you are using for that amount.

TITLED ITEMS:
* Titles are at UTEP admin office next to warehouse for pickup, it is possible to have them mailed to out of town buyers.

PICKUP / SHIPPING:
* Buyer is responsible for pickup or arrange for shipping, Auction company not responsible.
* Buyer is solely responsible for all cost incurred to remove items won.
* Bidders have a week to pick up their items won, by Friday at 5:00 PM following the auction.

OUR LOADING / UNLOADING POLICY:
* EPCC can help with a forklift when needed, Buyer or Buyer's agent responsible for loading otherwise..
* Auctioneer is not onsite.

RISK OF INJURY:
Bidder acknowledges that an auction site is a potentially dangerous place and shall be deemed to be there at his/her own risk. No person shall have any claim against the Auctioneer, owners, their agents, employees or principals for any injuries sustained or for damages to or loss of property which may occur from any cause what so ever. Bringing children is not advised and must be monitored by an adult.

* Larry Otten Auctioneers LLC reserve the right to update, or make changes to, our "terms and conditions" without prior notice.

This is the University of Texas at El Paso ( UTEP ) Central Warehouse Surplus Auction for Dormitory Chairs and Sofas. All Lots are located at UTEP Facilities Management, 3120 Sun Bowl Drive, El Paso, TX 79968 and have no preview available, and buyer is fully responsible for pickup or arranging for 3rd party shipping within (1) week.