Terms & Conditions of Auction: Buyers Premium is added to the high bid price on each item. 10% on the first $2500 and 2% on the balance per item. Online bidders will pay an additional 2% online bidding fee.

ALL ITEMS SOLD AS IS WHERE IS WITH NO WARRANTY OR GUARANTEE EXPRESSED OR IMPLIED. THE AUCTION COMPANY DOES NOT GUARANTEE CONDITION, DESCRIPTIONS, HOUR/ODOMETER READINGS, YEAR MODELS OF ANY ITEM LISTED AND/OR SOLD AT AUCTION.

Consignment Deadline:

Rolling Stock, Attachments, and Implements – July 30th at 4 PM

Miscellaneous Items- July 22nd at 4 PM

Inspection & Preview Days:

Inspection: Monday, August 1st – Auction Day. 8 am - 5 pm

All items must be removed by August 19th 2016

Please inspect all items before bidding. Online bidders may contact our office for more details about an item if needed before bidding.

Terms & Conditions of Auction:

Buyers Premium is added to the high bid price on each item.

10% on the first $2500 and 2% on the balance per item

Online bidders will pay an additional 2% online bidding fee.

Online Bidders will be required to:

Email a signed copy of our Auction Terms & Conditions
Email a copy of valid photo ID
Speak with Becky at 601-450-6200 via the telephone number which you provided on the registration form
Make the full deposit specific to the auction for which you are bidding, if you have a purchase history that is less than the amount of the deposit required for new bidders. If you cannot make the deposit, you will need to bid as an absentee bidder and make a deposit in the amount of your bid.
Other Fees that may apply to purchases:

$40 Documentation fee is charged to each titled item

$50 State of MS mandated trauma fee on all ATV’S, UTV’S, Go-Karts, and motorcycles

**$20.00 Wire Fee for Wire Payments**

Payment Procedures: Payment in full on auction day by cash, cashiers check or certified funds, credit card or bank wire. If payment is made by a personal or company check you must have a current letter to Jeff Martin Auctioneers, Inc guaranteeing payment of check from your bank.

We gladly accept Visa, MasterCard, American Express and Discover however, a 3% fee will be added to the invoice total.

Bidder agrees to pay for purchases, and Bidder represents that he/she has funds necessary for such payment.
Complete payment is due on date of sale with cash, cashier’s check, credit card, wire, or other checks accompanied by a bank letter of guarantee made payable to Martin. All items must be paid in full before bidder leaves the premises. No items will be removed from the premises until payment is made in full. Payment not made as described above will be subject to late fees, penalties and interest plus expenses related to collection cost. If Bidder fails to pay for any or all purchases, for whatever reason, including an insufficient check or a stopped check, Martin shall have the cumulative rights set forth in the complete Rules of Auction. Martin will
contact District Attorney for any checks that are returned for insufficient funds or closed account and proceed with all necessary legal action as needed for collection and or prosecution. Martin reserves the right to revoke bidding privlidges at anytime.
Injury and Damage: Bidder acknowledges responsibility for any personal injury or property damage caused by bidder, bidder’s guests, or agents. Bidder agrees to hold Martin harmless from any personal injury to himself or his agents and any property damage incurred on auction premises. Bidder releases Martin and the seller from any and all liability connected with the removal and transportation of purchases and any and all future uses for the goods purchased herewith.

For online bidders who do not pay within 3 business days of auction will be considered slow to pay and the auction company reserves the right to ban that buyer from bidding at any future auctions.

PICK UP AND STORAGE- All items must be removed by date announced at the beginning of the auction and/or date stated on purchase invoice. Items not removed by storage date are subject to a $100 per day/per item storage fee. The auction company reserves the right to sell item at auction for storage cost. Please contact office if you need to make special arrangements for pick up after date.

All items must be removed by August 19th 2016

Titles- There is a $40 documentation fee added to each titled item. Jeff Martin Auctioneers, Inc holds a State of MS dealers license and must follow the law according to the State of MS. The auction company will collect and submit sales tax to the state on your behalf. If you are buying for resale or export we must have documentation of proof before sales tax is waived. Titles will be processed within 14 business days after auction unless payment is made in cash or cash equivalent. Titles will be sent to the buyer directly from the State of MS. You will be given a title application copy so that you can purchase your tag from you local DMV. It takes the State of MS up to 8 weeks to process titles. You may request a fast track title for an additional $40 fee.

ALL NEW INTERNATIONAL BIDDERS ARE REQUIRED TO DEPOSIT $10,000 USD. ALL NEW DOMESTIC BIDDERS ARE REQUIRED TO DEPOSIT $5000 USD.

AT AUCTIONEER’S DISCRETION, A BANK LETTER AND PREVIOUS PURCHASE HISTORY WITH ANOTHER AUCTION COMPANY MAY BE ACCEPTED IN LIEU OF DEPOSIT

FIREARMS AUCTIONS: We do not test fire any weapons and we cannot guarantee the condition or functionality of any firearm offered for sale. No warranty or guarantee is inferred nor should any be implied on any weapons and we strongly recommend that the purchaser have all weapons inspected by a licensed gunsmith.

Auction company reserves the right to remove items from auction or skip items once auction has begun.

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