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MOTORIZED VEHICLES EXCLUDING LAWN MOWERS:
8% FIRST $10,000.00
6% NEXT $10,000.00
4% THEREAFTER

EVERYTHING ELSE INCLUDING IMPLEMENTS AND TRAILERS
10% FIRST $10,000.00
8% NEXT $10,000.00
6% THEREAFTER

SMALL ITEMS MAY BE AT A RATE OF 20%.

$5.00 MINIMUM COMMISSION PER LOT!

WE DO NOT CHARGE PO-FEES BUT NO "FENDER TRADING" IS ALLOWED.
IF IT SELLS, IT GOES THRU US!! NO EXCEPTIONS!

GENERALLY SPEAKING, OUR EQUIPMENT AND MACHINERY AUCTIONS (SATURDAY AUCTIONS) WILL CARRY A 10% BUYER PREMIUM ON ALL INDIVIDUAL PURCHASES UNDER $100.00 ONLY (PER PIECE, PER LOT).
I.E. A LOT CONSISTING OF 25 PIECES OF IRON AT $5.00 PER PIECE IS $125.00...THIS WILL CARRY A 10% BUYER PREMIUM.
THERE WILL BE NO BUYER PREMIUM ON INDIVIDUAL LOT PURCHASES IN EXCESS OF $100.01.
TITLED VEHICLES, & VEHICLES WITH MSO FORMS CARRY A $30.00 PER VEHICLE CHARGE FOR PROCESSING. FEES FOR PROCESSING LICENSE RECEIPTS IS SLIGHTLY LESS. TITLE IS SENT TO YOU CERTIFIED MAIL; RETURN RECEIPT REQUESTED. YOU WILL STILL HAVE TO PAY THE TAX COLLECTOR TO REGISTER YOUR VEHICLE; ie: LICENSE & RELATED FEES AND ANY APPLICABLE TAX.
WE DO NOT SEND OUT "OPEN" TITLES AND YOU SHOULD MAKE SURE DAY OF AUCTION THAT OUR OFFICE HAS A CLEAR UNDERSTANDING OF THE NAME AND SPELLING OF THE PERSON'S NAME THAT IS TO BE PLACED ON THE TITLE. WE ALSO DO NOT "HOLD" TITLES.

IF YOU PAY BY CREDIT CARD, A 3% CONVENIENCE FEE WILL BE CHARGED FOR USE OF YOUR MASTERCARD, VISA, AMERICAN EXPRESS, OR DISCOVER.

ANTIQUE AND COLLECTIBLE AUCTIONS :
(SUNDAY SALES) CARRY A 10% BUYER PREMIUM ON ALL PURCHASES.
THERE WILL BE NO CONVENIENCE FEE FOR USE OF YOUR MASTERCARD, VISA, OR AMERICAN EXPRESS. THE SAME TITLE AND POLICIES SHALL APPLY. COMMISSION RATES WILL VARY DEPENDING ON THE MERCHANDISE INVOLVED SO PLEASE CALL. MINIMUM COMMISSION PER LOT IS $2.00.

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PAYMENT POLICY EFFECTIVE DECEMBER 19, 2003.

PAYMENT IS DUE IN FULL, DAY OF AUCTION IN THE FORM OF CASH, CASHIER'S CHECK OR PERSONAL CHECK WITH BANK LETTER OF CREDIT. IF WE HOLD A 2 DAY AUCTION; PAYMENT IS DUE IN FULL @ THE CLOSE OF EACH DAY UNLESS WE ANNOUNCE OTHERWISE!!!!

PLEASE DON'T BE OFFENDED BY THE FOLLOWING, BUT DUE TO FOLKS THAT SEEM TO HAVE LITTLE PROBLEM WRITING A CHECK AND A BIG PROBLEM IN GETTING THE MONEY IN THE BANK ON TIME; EFFECTIVE IMMEDIATELY THE FOLLOWING POLICY REGARDING
PAYMENT BY PERSONAL OR BUSINESS CHECK WILL BE IN EFFECT!!

IF YOU CAN'T PAY FOR IT; DON'T BUY IT!!! ITS THAT SIMPLE!!
WHEN YOU BUY IT, IT'S SOLD WITHOUT WARRANTY, AS-IS AND IT'S YOUR RESPONSIBLIITY FROM THE MOMENT IT'S DECLARED SOLD TO YOUR NUMBER.

IF YOU ARE KNOWN TO US AND HAVE ESTABLISHED A GOOD HISTORY WITH US, WE RESERVE THE RIGHT ON AN INDIVIDUAL CASE BY CASE BASIS TO WAIVE LETTERS OF GUARANTEE BY THE BANK AND ACCEPT YOUR CHECK. IF IN DOUBT YOU SHOULD CHECK WITH THE OFFICE. WE KNOW MANY OF YOU, AND YOU HAVE EARNED OUR COMPLETE TRUST & RESPECT.

IF IT IS YOUR FIRST TIME TO ATTEND OUR AUCTION, WE WELCOME YOU; LOOK FORWARD TO MEETING YOU AND GETTING TO KNOW YOU. WE WILL REQUIRE THE FOLLOWING REGARDING PAYMENT FOR PURCHASES:
BANK LETTER OF GUARANTEE TO MAYER AUCTIONEERING GUARANTEEING YOUR CHECK IN THE AMOUNT OF YOUR PURCHASE TO BE PRESENTED @ TIME OF REGISTRATION.

IF YOU DO NOT HAVE ONE, YOU MAY BE EXTENDED THE RIGHT TO PURCHASE MERCHANDISE UP TO A PREAGREED AMOUNT, (THIS IS
ON A CASE BY CASE BASIS @ OUR OPTION; NOT YOURS)
BUT IN ANY EVENT, YOU WILL BE EXPECTED TO LEAVE ALL MERCHANDISE ON THE YARD UNTIL YOUR CHECK CLEARS THE BANK OR YOUR BANK CAN FAX US A LETTER OF GUARANTEE MONDAY MORNING FOLLOWING THE WEEKEND'S AUCTION.
MERCHANDISE WILL BE LEFT @ BUYER'S OWN RISK; NOT OURS.

WE WILL NOT ACCEPT POST DATED CHECKS AND WE WILL NOT "HOLD" ANY CHECK FOR A "DAY OR TWO" AS THIS IS VIEWED UNDER THE TERMS OF TEXAS LAW AS AN EXTENSION OF CREDIT.
ALL CHECKS WILL BE DEPOSITED FOR COLLECTION @ THE CONCLUSION OF THE AUCTION DAY...NO EXCEPTIONS.

DUE TO THE NATURE OF SOME MERCHANDISE AND LEGAL REQUIREMENTS OF CERTAIN SPECIFIC CONSIGNORS, WE MAY REQUIRE THAT MERCHANDISE BE LEFT ON OUR YARD UNTIL "GOOD FUNDS" ARE RECEIVED. WE APOLOGIZE FOR THIS IN ADVANCE BUT WE WILL ANNOUNCE THESE SPECIFIC TERMS PRIOR TO SALE OF ANY OF THESE ITEMS. THIS IS PARTICULARLY TRUE OF MERCHANDISE BEING SOLD THRU THE COURT OR BY COURT ORDER.

WE DO NOT ACCEPT DRAFTS OR WIRE TRANSFERS INTO OUR BANK ACCOUNT AFTER THE CONCLUSION OF THE AUCTION.
WE ARE SORRY BUT THIS GOT ABUSED TOO MAY TIMES!
IF YOU NEED TO WIRE TRANSFER, YOU SHOULD DO SO PRIOR TO THE AUCTION EVENT AND FUNDS MUST BE IN PLACE PRIOR TO YOU MAKING PURCHASE; WE WILL REFUND TO YOU ANY SURPLUS.

ANY MERCHANDISE PAID FOR BY CASH MAY BE IMMEDIATELY REMOVED FROM OUR FACILITY UPON RECEIPT OF A PAID CHECK-OUT INVOICE.
NO REMOVALS UNTIL MERCHANDISE IS PAID FOR IN FULL/ NO EXCEPTIONS. THE SAME WILL APPLY TO CREDIT CARD PURCHASES. ALL CREDIT CARD PURCHASES, SAME AS ANY OTHER, WILL BE CONSIDERED FINAL. NO STOP PAYMENT OF ANY KIND WILL BE ALLOWED. (THE SAME TERMS AS A RETURNED CHECK WILL BECOME APPLICABLE)

PAYMENT BY CREDIT CARD ON OUR SATURDAY (MACHINERY AND EQUIPMENT) AUCTIONS ONLY WILL CARRY A 3% CONVENIENCE FEE ADDED TO EVERY PURCHASE. SUNDAY "ANTIQUE & COLLECTIBLE" AUCTIONS TRADITIONALLY WILL NOT CARRY A CONVENIENCE FEE FOR USE OF CREDIT CARD.
IF IN QUESTION, YOU SHOULD CHECK WITH THE OFFICE AS TO DETAILS CONCERNING PAYMENT BY CREDIT CARDS AND PAYMENT BY CREDIT CARD ON ANY AUCTIONS NOT HELD @ OUR GIDDINGS FACILITY.

IF FOR ANY REASON, YOUR CHECK DOES NOT CLEAR THE FIRST TIME IT IS PRESENTED @ YOUR BANK YOU ARE AUTOMATICALLY ON 90 DAY PROBATION WHICH MEANS THAT NO MERCHANDISE THAT YOU MAY PURCHASE DURING THAT PERIOD WILL LEAVE THE YARD UNTIL YOUR CHECK CLEARS THE BANK. ANY MERCHANDISE YOU MAY HAVE STORED ON OUR FACILITY GROUNDS FROM PREVIOUS AUCTIONS WILL BE HELD AS WELL UNTIL YOUR "BOUNCED" CHECK CLEARS.
YOU MAY HOWEVER, PAY BY CREDIT CARD OR CASH OR PERSONAL CHECK WITH BANK LETTER OF GUARANTEE AND YOUR MERCHANDISE WILL BE RELEASED UPON PAYMENT IN FULL.
IF IN THE EVENT THAT THE ERROR IS THE FAULT OF YOUR BANK, WE WILL WAIVE THE 90 DAY PROBATION UPON RECEIPT OF A LETTER ON YOUR BANK'S LETTERHEAD.

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<<<<"HOT" "BOUNCED" RETURNED FOR ANY REASON CHECK POLICY>>>>

WE WILL, IMMEDIATELY AND WITHOUT HESITATION PROSECUTE YOU TO THE FULLEST EXTENT ALLOWED BY LAW; SO PLEASE, PLEASE DON'T WRITE US ANY "HOT" CHECKS.

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SALES TAX WILL BE COLLECTED AT A RATE OF 8.25% UNLESS PROOF OF CURRENT RESALE CERTIFICATE IS ON FILE OR A CURRENT SIGNED FARM USE AFFIDAVIT IS SIGNED AND ON FILE! IF ANY HEAVY MACHINERY IS SOLD THAT QUALIFIES FOR THE 1% HEAVY EQUIPMENT TAX CHARGED BY THE STATE OF TEXAS THAT WILL ALSO BE COLLECTED AT POINT OF SETTLEMENT.

NO EXCEPTIONS!!

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FOR THE PROTECTION AND MUTUAL BENEFIT OF ALL CONCERNED, THERE WILL BE NO EXCEPTIONS MADE TO THESE TERMS.
I WANT TO THANK EVERYBODY IN ADVANCE FOR THEIR COOPERATION AND UNDERSTANDING IN THIS MATTER.

THANKS TO YOUR SUPPORT, OUR LARGE NUMBER OF LOYAL CLIENTS, WE LOOK FORWARD TO GROWING AND EXPANDIND OUR BUSINESS.
WITHOUT YOU, SELLERS, AND BUYERS, OUR AUCTION WOULD NOT BE POSSIBLE.