NEW TERMS & CONDITIONS - Police Unclaimed Property Auction
Terms: a 5% ADMINISTRATIVE FEE will be added to all purchases. All items are sold AS IS, WHERE IS with no guarantees or warranties. Rogers Realty & Auction Co., Inc. and the City of Charlotte, NC, will not be responsible for any guarantees, warranties, or genuineness of the description of the items purchased. The City of Charlotte, Mecklenburg Co. NC, reserves the right to add or remove any auction item, whether listed or printed in the brochure or on website. Although statements printed in the program and those made by the auctioneer have come from what is thought to be reliable sources, purchaser must understand he/she is buying property entirely upon his/her own examination and/or opinion.
Payment: Payment is to be made directly to the City of Charlotte from the buyer on the same day as the auction (must pay on day of auction). All payments are to be made with good funds which are defined as VISA/MASTERCARD, cash, cashier's check or personal/company check. Personal or Company checks must be backed with an IRREVOCABLE 'Bank Letter of Guarantee' stating the amount to be covered by the check. See sample letter for details.
After you are a successful bidder, please report to the cashier area immediately to conclude your transaction. No property may be removed from premises before making settlement. MUST PAY IN FULL SALE DAY AND ALL ITEMS MUST BE REMOVED SALE DAY. All sales will be conducted according to applicable state laws. All articles, items or vehicles shall be removed from the sale area by owner at their expense immediately following the auction (All Items must be removed on day of auction). Any announcements made at sale regarding the condition of items being auctioned supersedes descriptions made in the program. Rogers Realty and Auction Co., Inc. reserves the right to refuse to register or to accept a bid from any person, corporation, partnership, joint venture, or other legal entity, which for any reason does not meet the sale terms. Subject to satisfactory payment by purchaser, at the fall of the auctioneer's hammer, ownership of item, articles or vehicle passes to the bidder designated by auctioneer saying 'sold' or otherwise declaring completion of sale. Thereupon the new owner assumes full responsibility for property purchased and agrees to the terms of the sale and further agrees to immediately sign a confirmation on the purchase price. ANY ANNOUNCEMENTS MADE ON AUCTION DAY SUPERSEDE ANY PRINTED MATERIAL.
RECORDS: The records of the bookkeeper are final in case of a misunderstanding over the bid price.
TYPE OF AUCTION: This auction is being conducted at absolute auction without reserve.
UNIFORM COMMERCIAL CODE: Section 2-328 of the UCC provides federal law regarding a sale by auction. The code reads that a sale by auction is complete when the auctioneer so announces by the fall of hammer or in other customary manner. A bid is a legal binding contract between bidder and auctioneer. Reopening a bid is at the sole discretion of the auctioneer. Failure to complete a payment in good faith, stopping payment on checks or refusing to pay for goods or assets purchased at auction may result in legal action against the buyer.
CATALOG: The auction catalog is subject to additions and deletions without prior notice. The auction company is not responsible for accuracy of descriptions including, but limited to, make, model, horsepower, MPG, serial numbers, engine type, conditions or mileage.
BUYER ACKNOWLEDGEMENT: Buyer acknowledges that he/she has read, understands, and will abide by all terms and conditions of sale.
Directions to 5550 Wilkinson Blvd, Charlotte, NC 28208 (New City of Charlotte - Surplus Property location) From I-85 South: Take exit #32 (Little Rock Road), turn left onto Little Rock Road, follow Little Rock Road to Wilkinson Blvd. Turn left onto Wilkinson Blvd. Travel to next light and turn left onto Stafford Drive. New location is on the corner of Wilkinson Blvd and Stafford Drive. From I-85 North: Take exit #32 (Little Rock Road), turn right onto Little Rock Road, follow Little Rock Road to Wilkinson Blvd. Turn left onto Wilkinson Blvd. Travel to next light and turn left onto Stafford Drive. New location is on the corner of Wilkinson Blvd and Stafford Drive. From I-485 South: Take exit #9 (US-29/US-74/Wilkinson Blvd), toward Charlotte/Douglas International Airport. Travel approx 2 miles and turn left onto Stafford Drive. New location is on the corner of Wilkinson Blvd and Stafford Drive. From I-485 North: Take exit #9 (US-29/US-74/Wilkinson Blvd), toward Charlotte/Douglas International Airport. Travel approx 2 miles and turn left onto Stafford Drive. New location is on the corner of Wilkinson Blvd and Stafford Drive.