| Bidding
On Site |
| Auction
Dates & Time:
Date: May 26 - 27, 2005
Time: 8:30 A.M. PST |
Location:
Hotel
Sofitel/Opus Ballroom
8555 Beverly Boulevard
Los Angeles, CA 90048 |
Preview:
Tuesday, May 24, 2005
Wednesday, May 25, 2005
10:00 AM - 5:00 PM |
Removal:
Immediately following the auction
No later then 5:00 PM May 27, 2005 |
BUYER’S
PREMIUM & SALES TAXES:
A 15% Buyer’s Premium will
be charged to all buyers on every purchase. Lone Star Auctioneers,
Inc. will not refund or reimburse the buyer’s premium on any
item based on errors and/or omissions of the appraisal.
California
state sales tax will be collected from all buyers who do not complete
appropriate resale documentation upon registration for the auction
and prior to making purchases.
TERMS
& CONDITIONS:
All
onsite bidders must submit a signed copy of the Terms
& Conditions before they are allowed to
bid.
TERMS
OF PAYMENT:
Payment
must be made in full immediately upon the completion of each day
of the auction by U.S. Funds in the form of cash, Cashier’s
Check or U.S. checks accompanied by a current Bank Letter of Guarantee.
The bank letter must be an ORIGINAL on bank letterhead, and must
read as follows:
| Lone
Star Auctioneers, Inc.
4629 Mark IV Parkway
Fort Worth, TX 76106-2295
______________
is a customer of this bank. This bank will guarantee unqualified
payment to Lone Star Auctioneers, Inc. on
account # __________ up to the amount of $ __________. No
stop payment will be issued regarding this
transaction. This letter expires June 13, 2005.
@ (Expiration may be later, but must not be earlier than this
date.)
______________________(signed),
_________________(title)
_____________(date) |
A 2.5
% check guarantee fee will be applied to all purchases with checks
not accompanied by a valid Bank Letter of Guarantee. Buyers who
use the check guarantee service are advised that all related purchases
will be held for a period of approximately two weeks following the
auction. The costs for shipping, handling, insurance, storage and
security charges will be calculated and paid at time of payout.
There will be no exceptions to these payment terms.
|
