University of California, Riverside
Terms and Conditions
ONLINE SALES – TERMS AND CONDITIONS
Guarantee Waiver. All property is offered for sale as-is, where-is. The University of California, Riverside (UCR), makes
no warranty, guaranty or representation of any kind, expressed or implied, as
to the merchantability or fitness for any purpose of the property offered for
sale. The Buyer is not entitled to any payment for loss of profit or any
other money damages – special, direct, indirect, or consequential.
Description Warranty. The description of
surplus property offered for sale has been compiled from data furnished by the
home department, but there is no guarantee or warranty on the part of UCR as to
condition or quality. Please follow inspection procedures and/or solicit
inquiries before purchase. Please
note that upon removal of the property, all sales are final.
Inspection. Most
items offered for sale are used and may contain defects not immediately
detectable. Bidders may inspect the property prior to bidding. Bidders must
adhere to the inspection dates and times indicated in the item description or
contact the person listed to schedule an inspection.
Consideration of Bid. UCR reserves the right to reject any and all bids and
to withdraw from sale any of the items listed.
Notice of Award. Successful bidders will receive a Notice of Award by email from
PublicSurplus.com
Buyers Premium. A Buyers Premium of 7% will be added to the final sale price
which will be visible during the bidding process, and will be included in the
payment to UCR.
Payment. Payment
in full is due no later than five (5) business days from the time and date of the Notice of Award.
Payment shall be in the form of:
Cashiers Check
Checks shall be made payable to: UC REGENTS. Payments shall be made at the location listed in the
Notice of Award.
Removal. Buyer
must remove auction item(s) from said agencies premises within five (5)
business days of notification by
Public Surplus of receipt of payment, and within ten (10) business days from the time and date of issuance of the Notice
of Award. If the Buyer, after making payment for an item, fails to remove the
item within the specified time, the agency reserves the right (1) to retain any
and all payments; and (2) to dispose of the item as deemed desirable by the
agency.
Successful bidders are responsible for loading and
removal and any and all property awarded to them from the place where the
property is located as indicated on the website and in the Notice of Award. The
Buyer will make all arrangements and perform all work necessary, including
packing, loading and transportation of the property. Under no circumstances
will UCR assume responsibility for packing, loading or shipping. Property may
be removed between the hours of 8:00 am and 5:00 pm, Monday through Friday, excluding legal holidays. For additional information, please contact
Dolores Cordova, 951-827-5542, dolores.cordova@ucr.edu
Vehicle Titles. UCR will issue a title or
certificate upon receipt of payment. Titles may be subject to any restrictions
as indicated in the item description on the website. Open titles cannot be issued. UCR will not issue replacement
titles.
Default. Default
shall include (1) failure to observe these terms and conditions; (2) failure to
make good and timely payment; or (3) failure to remove all items within the
specified time. Default may result in termination of the contract and
suspension from participation in all future sales until the default has been cured.
If the Buyer fails in the performance of their obligations, UCR may exercise
such rights and may pursue such remedies as are provided by law.
Acceptance of Terms and Conditions. By submitting a bid, the bidder agrees that they have
read, fully understand and accept these Terms and Conditions of Online Sales,
and agree to pay for and remove the property, if the bid is accepted, by the
dates and times specified.
State/Local Sales and/or Use Tax. UCR may collect sales tax, unless the buyer has
provided a valid tax-exempt certificate to UCR prior to payment. If applicable,
the sales tax will be visible during the bidding process and will be included
in your payment to the University of California, Riverside. Items being picked up by a
carrier/shipping company for shipment outside of California are not subject to
sales tax. Proof of delivery must
be provided in these instances.