Lot # 665727

Oil factory equipment + tanks

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description

  • Conditional on provider's approval
  • To be Sold As Is Where Is

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terms and conditions

Emirates Auction's terms and conditions of public auction shall apply, along with the following terms and conditions

  • Auction fees apply 1% of the total value, with a minimum of 500 dirhams, addition to VAT from that fees
  • 1. All Lots are sold on an "as is, where is" basis. Emirates Auction makes no representations or warranties regarding the condition of any Lot or the accuracy of the information provided by the Provider. The Bidder is solely responsible for inspecting the Lot and reviewing all relevant information before bidding.
  • 2. The Buyer shall complete full payment within 48 hours from the date of obtaining the Supplier's approval. Failure to complete payment within the specified period shall entitle Emirates Auction to take the necessary legal action.
  • 3. Emirates Auction reserves the right to impose storage and late payment fees of AED 100 per day, without prior notice, for any Lot that is not paid for or collected within the specified period.
  • 4. All sales are subject to the Provider's approval.
  • 5. A fee of 3% of the sale value, subject to a maximum of AED 15,000, shall apply in favor of the Government of Sharjah.
  • 6. The Lot is sold strictly in accordance with the description set out in the attached report.
  • 7. The Assets shall be delivered by the Court Enforcement Officer on an "as is" basis. Additional delivery fees shall apply if collection does not take place on the scheduled date.

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