Auction Terms & Conditions
J.G COCHRAN AUCTIONEERS & ASSOCIATES LTD
TERMS OF AUCTION
10% Buyer's Premium on all items $5,000 or less per item-
FLAT FEE OF $500 ON ITEMS $5,001 & UP per Item
TERMS OF SALE: Complete Payment Day of Sale. Payment for all items must be made in full on the day of sale with Cash or Cashier's check. Personal or Company checks must be accompanied by a "Valid Bank Letter of Guaranteed Payment".
Lunch Rights Reserved. Not responsible for accidents.
SALES TAX WILL BE COLLECTED UNLESS THE BUYER HAS A SALES TAX EXEMPTION FORM AND FILLS OUT THE REQUIRED FORMS.
This catalog is to be used only as a guide. Odometer & hour meters are only as per the meter when viewed-Please view and make your own determination.
Please inspect all items before bidding. All items are sold "AS IS, WHERE IS'" with no warranties expressed or implied. The Auctioneer is acting as an agent only, and is not responsible for the acts of its principal. The purchaser &/or bidder is responsible for inspecting items before bidding! All sales are final!
EXPORTERS will pay sales tax on purchases, if you take possession of the purchases in the United States. In order not to pay sales tax a Bill of Lading or Dock Receipt is required.
*Years on the lots may indicate model year during which they were put in service rather than when manufactured.
*Insurance and removal is the buyer's responsibility.
*Cochran Auctioneers will, at the sole risk of the buyer, assist in loading out non-rolling stock, provided such equipment can be safely lifted by our forklifts.
*Bidder acknowledges that an auction site is a potentially dangerous place. Flammable, noxious, corrosive and pressurized substances are present, heavy equipment is being operated and electric circuits may be live. Every person at the auction site at any time shall be there at his own risk, with notice of the condition of the premises and the activities thereon and Bidder shall so advise his agents and employees. No person shall have any claim against Auctioneers, their agents, employees, or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever.
DISCREPANCIES: In account of ANY discrepancies, the auctioneer and the clerk's record keeping will be the FINAL judgment.
TITLE POLICY: There is a $35.00 handling charge per titled vehicle and/or trailer. When filling out the title information-make sure your name and address are correct at that time. WE ARE NOT ABLE TO CORRECT ANY ASSIGNING MISTAKES! J.G. Cochran Auctioneers & Associates, LTD guarantees good title to titled vehicles unless item is sold as "No Title". If a title cannot be supplied for an item that was sold with a title, the Purchaser is entitled only to a refund of the purchase price upon return of the item. Any work done on the vehicle before receipt of the title is AT YOUR OWN RISK! We wish to thank all purchasers for their cooperation.
REMOVAL: Removal shall be at the expense, liability and risk of the purchaser. Purchases can be removed only on presentation of paid bill. Once the bidder is successful on items, the items become the responsibility of the bidder. J.G. COCHRAN AUCTIONEERS AND ASSOCIATES, LTDS is not responsible for any loss or damage to any items. NO REMOVAL UNTIL PAID IN FULL!!! Items not removed after 30 Days become property of the Auction Company!
**If you purchased a storage/building/shed and need assistance finding a hauler, see Jim Cochran or Jim Remsburg.
And again, on behalf of J.G. COCHRAN AUCTIONEERS & ASSOC. LTD thank you for attending another COCHRAN AUCTION. If you need any assistance, please contact one of our staff. Have a great day!
Seller User Terms
Bidder User Terms