Payment: All invoices must be paid in full within 10 days of the auction. Acceptable forms of payment will be: Cash in United States Currency, Visa, MasterCard, Discover, PayPal, Wire Transfer, or Cashier's Check. Items paid for by Cashier's Check will be held by Oakridge Auction Gallery, Inc. for 10 banking days before being released to the purchaser or shipping company. Oakridge Auction Gallery, Inc. reserves the right to charge and collect an additional 3% of payments made by credit card. ALL items invoiced to a bidder must be paid for in full prior to the bidder receiving ANY of the items purchased. The purchaser grants Oakridge Auction Gallery, Inc. and the consignor(s) a security interest in the property purchased. Oakridge Auction Gallery, Inc. may retain as collateral security for the purchaser's obligations to us, all items identified on the purchaser's invoice(s), along with any payment(s) received from the purchaser, and any other item(s) Oakridge Auction Gallery, Inc. may possess, belonging to the purchaser, until such time that the purchaser's obligations for payment to Oakridge Auction Gallery, Inc. are satisfied. Oakridge Auction Gallery, Inc. and the consigner(s) retain all rights as a secured party under the laws of the State of Virginia By registering and Bidding at this auction, you agree that if on the eleventh (11th) day following the sale, your invoice(s) found to be unpaid, that the payment is late, and you specifically authorize Oakridge Auction Gallery, Inc. to charge the credit card that you used as a registration deposit, in a single transaction or in multiple transactions, until the balance owed to Oakridge Auction Gallery, Inc. is paid in full, at the full Buyer's Premium rate, regardless of any arrangement made to pay otherwise. Any invoice remaining open after 60 days, will be charged interest at a rate of 0.5% per month beginning on the 61st day.
Shipping Terms: Costs associated with the shipping and handling of an item is the responsibility of the purchaser. Oakridge Auction Gallery will pack and ship inhouse MOST items from this sale at our discretion. All items packed in-house are subject to a packing and materials fee to be determined after the sale. Minimum packing & materials per box is $15.00. If we determine that we are unable to accommodate shipping an item or group of items in-house, the purchaser must select a shipper to pack and ship the items. Oakridge Auction Gallery, Inc. does not recommend any particular shipper and is not liable for any damage or loss due to negligence of a third-party shipping company. We will provide a list of local shippers with the paid-in-full invoice. You will have to coordinate and handle all shipping details. Items must be shipped within 2 weeks of payment. Items remaining in our gallery will be subject to storage fees of no less than $50 and not to exceed $200 per month. All storage fees must be paid before shippers are allowed to pick up items. Shippers must schedule their pick-up times with Oakridge Auction Gallery to ensure availability of staff onsite and must provide a copy of the paid-in-full invoice. Shippers will sign a copy of the invoice and indicate any damage or imperfection seen on the item at time of pick-up. Any items remaining 60 days following the payment date will be considered abandoned property, and subject to resale or disposal with no refund.
Buyer's Premium: A 20% Buyer's Premium will be charged on all purchases. If your invoice is paid within the 10-day payment period, we offer a 3% discount on the Buyer's Premium for purchasers who pay by Cash, Check, or Wire Transfer. Buyer will be responsible for additional premiums ( 5%) on successful bids placed through third-party, online bidding websites, i.e. Live Auctioneers, Invaluable.
Sales Tax: 6% Sales Tax will be collected on all sales made and delivered within the state of Virginia, from Oakridge Auction Gallery, Inc., located in Loudoun County, Virginia. The State of Virginia Department of Revenue's Rules require that Sales Tax be charged on the total invoice price including Buyer's Premium. The buyer will be responsible for any out of state sales tax due on items shipped. Buyers purchasing items for Resale, or Tax Exempt Bidders, are required to provide a current Resale Certificate, or Tax Exempt Certificate, prior to each Auction, so that invoices can be calculated correctly. Sales Tax cannot be removed from an invoice for items purchased in person, picked up in person or shipped within the State of Virginia, without a current Resale or Tax Exempt Certificate.
Condition: All items are sold "As-is, Where-is" with no warranty express or implied. Time will be made available prior to each Auction for a preview of the items to be sold. It is the buyer's responsibility to carefully inspect the items prior to the Auction to determine condition, authenticity, and/or usefulness. Most items offered for sale are used and may contain defects not immediately detectable. Bidders are encouraged to inspect the property prior to bidding. Bidders must adhere to the preview and inspection exhibition dates and times posted. All sales are final.
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