JACK B AUTO AUCTIONS        MA License # 455

AUCTION TERMS AND CONDITIONS

1.   Persons under the age of 18 years are not eligible to bid.

2.   ALL PROPERTY IS OFFERED AND SOLD “AS IS, WHERE IS”. THE COMMONWEALTH MAKES NO EXPRESS OR IMPLIED WARRANTIES BEYOND THE FACE HEREOF, INCLUDING, BUT NOT LIMITED TO, FOR “MECHANTABILITY” OR “FITNESS FOR PARTICULAR PURPOSE”.

3.   All bidders are strongly urged to inspect items before bidding.

4.   Bidders must register before bidding upon any item being auctioned. Bidder numbers may be obtained from 9:00 A.M. on the day of the sale until the last item has been sold. Bidders must provide two means of identification at the time of registration, a valid driver’s license and a major credit card. Bidders are responsible for all bids on their number.

5.   Bidder must fill out the registration card under the exact name he or she wishes to appear on the title. Under no circumstances may there be any names change made once the item has been sold.

6.  The Commonwealth reserves the right to reject any and all bids and to withdraw any item before time of sale.

7.  THE COMMONWEALTH SHALL NOT BE LIABLE FOR ANY INCIDENTAL OR CONSEQUENTIAL DAMAGES.

8.  Full payment must be made immediately following the sale by cash, check or money order payable to the Commonwealth of Massachusetts. No credit cards are accepted.

9.   No vehicle is to be started, moved, or worked on until completion of the auction.

10. The Commonwealth is not responsible for damage to auctioned items. Title passes to the buyer upon payment to the Commonwealth. It is advised that purchased items be removed immediately.

11. All items must be removed within five business days of the sale, otherwise a storage fee of $10.00, per day shall be assessed. Removal is allowed until 2:00 P.M. day of sale, and 8:00 A.M. until 2:00 P.M. weekdays. No removal is allowed on weekends or holidays. Any vehicle not removed from the auction site within 30 days from date of sale will be considered abandoned property.

12.  Police vehicles which have distinctive markings must be repainted with a solid color within thirty (30) days of sale.

13.   BID RIGGING IS A FELONY! Agreements among buyers at auctions not to bid against each other for the purpose of purchasing goods at low and non-competitive prices can be a criminal violation of the Federal Antitrust Laws, punishable by heavy fines and imprisonment. The Sherman Act prohibits bid rigging agreements among competitors if they affect or restrain interstate commerce. Upon conviction, individuals are subject to a maximum fine of $100,000.00, and/or Three year imprisonment. Corporations are subject to a maximum fine of one million dollars.

14.   SALE IS SUBJECT TO ADITIONS, DELETIONS, ERRORS, AND OMISSIONS. BIDDERS

          ARE RESPONSIBLE FOR LOADING THEIR PURCHASES.

15.   Please Note: Code “D” represents vehicle was driven onto the auction site.

                                      Code “T” represents vehicle was towed onto the auction site.

16. “Parts Only” titles: When a vehicle is issued a parts only title, the vehicle can not be rebuilt or registered for operation. The vehicle can only be used for parts, junking or scrapping.

17.   Bidders may be required to pay sales tax based on book value of the vehicles(s) they are purchasing.

*** BIDDERS WHO PURCHASE ITEMS MUST PAY CASHIER BEFORE LEAVING THE SALE SITE.