Rawls Auto Auction Legal Disclaimer
Rawls Auto Auction, Inc. (RAA), performs auction services and is not responsible to Buyer or Seller except as stated herein and in the current General Policies of RAA. Buyer and Seller agree; that any claim either may have against RAA must be processed according to these terms and conditions; that their participation in auctions held at RAA may be limited or terminated at the sole discretion of RAA that vehicle is sold to dealer only for resale and without warranty.
Seller warrants and convenants with Buyer that he/she has absolute title to and is the true and legal owner of the vehicle described herein; that vehicle is free from all liens; that he/she has the right and power to sell and transfer title to vehicle; and that he/she will defend the same against all claims and demands of any person whomsoever.
Seller is responsible for representing that the mileage reading on his/her vehicle is accurate, or disclosing that the odometer reading is incorrect or in excess of 100,000 miles. It is also the Seller's responsibility to enter actual mileage on any title or transfer document and to furnish an accurate odometer disclosure statement, which the Seller and Buyer shall complete and retain.
Seller agrees to have in RAA's hands, within 20 days, all correct ownership papers to vehicles sold "Title Attached" enabling Buyer to title vehicle in Buyer's State. Seller is not responsible for any monies spent by Buyer on vehicles that are returned. Buyer must notify Auction of intent to return the vehicle within 6 days of the specified time the Seller has to produce the title. RAA recommends to Buyers not to retail sale a vehicle without a title, and RAA will not be responsible for any retail sale losses due to not providing a title after the 20 day period.
Buyer agrees and states that he/she is buying vehicle described herein from Seller for the purchase price shown, has verified the serial number on the vehicle, inspected the actual condition of the vehicle, verified whether vehicle's odometer is properly functioning and conforms to information appearing on mileage verification statement and all other transfer documents, examined all titles and transfer documents and has determined that no discrepancies exist and that the Seller's documents are acceptable to him. Buyer and Seller agree that RAA processes titles and other documents as a convenience to Buyer and Seller and except as stated specifically herein, if is agreed that RAA shall not be responsible for the contents of said documents. Buyer further agrees that upon payment his transaction has been fully consummated subject to terms and agreements further stipulated and if paid by check, no stop payment of his check to this auction shall be honored. On giving a check which is returned marked "insufficient Funds" or returned for any other reason, it shall be deemed by the parties to be prima facie evidence of fraud existing at the time the transaction was consummated, and shall be construed by the parties as an intent to defraud in order to consummate the transaction.
Buyer agrees that all sales are final. Upon departing from the property, all sales are final except for frame damage/water damage (7 work days in writing) current and 4 years old or odometer discrepancies.
RAA guarantees that legal title to vehicle is free and clear of any valid monetary liens. This guarantee is in effect only for a period of 48 months starting on the date hereof and is limited to the purchase price of the vehicle less 2% per month until date Buyer notifies RAA that a claim is being made under this guarantee. The aforesaid provision applies also to a valid claim for a stolen vehicle. This guarantee is expressly limited to Buyer shown herein, is not assignable nor negotiable, and is expressly conditioned upon Buyer notifying RAA of any claim made by any person regarding this guarantee within 5 days after receiving notice of the same. If Buyer fails to give RAA such timely notification this guarantee shall be void. On payment of any claim arising under the above stated guarantee by RAA of its insurer. Buyer shall not surrender possession of this vehicle, except as required by legal process, nor will he/she pays or acknowledge any claim affecting title to said vehicle, without the prior approval of RAA of its insurer.
RAA specifically makes no representation, guarantee or warranty, and assumes no responsibility regarding mileage of any vehicle sold by any Seller or purchased by any Buyer at RAA.
RAA is not responsible for theft of vehicles, pilferage collision, mechanical damage, personal injury or personal property loss of any type occurring on RAA property.
The issuance of a check by RAA to Sell shall not be construed as a sale or transaction between RAA and the parties, but merely as a payment by way of accommodation to the parties, without any responsibility whatsoever thereon to RAA. If Buyer or his check is not acceptable to RAA or is uninsurable, the vehicle will be run again and RAA will bear no responsibility regarding prices. If Buyer pays by check, the check is subject to collection, and RAA may withhold title documents until such funds are credited to RAA's account. RAA is not responsible for unlocated top bidder.
All vehicles purchased or sold on RAA property must be processed and paid for through RAA office. All Titles and payments must pass through RAA office for processing Buyer is responsible for verifying serial number on auction invoice and ownership papers being transferred to his name against such actual number on vehicle. No vehicle can be offered for sale without serial number plate of proper verification from law enforcement agency. All vehicles are subject to examination by law enforcement officers and RAA designated personnel.
Buyers or Sellers may not test drive vehicles on RAA property. Purchased vehicles are to be road tested with Buyers dealer license tags on public roads.
In disputes of any nature regarding sale or purchase of vehicles, the decision of RAA shall be final and binding on all concerned.
All policies and rules are posted at the Auction in a place visible to the public, and copies are available at the office counter.
Buyer and Seller acknowledge that they are familiar with the current General Policies and rules of arbitration.
The Buyer shown hereon agrees to pay the indicated purchase price for the vehicle described hereon. Both Buyer and Seller shown hereon agree to be bound by the Terms and Conditions stated hereon and the current General Policies and decisions of arbitration of Rawls Auto Auction, Inc.
This sale is solely a transaction between buying and selling dealer. No representations to third parties regarding title, marketability, merchantability, or any other matter is made or intended.
Rawls Auto Auction, Inc. assumes no responsibility, nor guarantees the accuracy of the odometer reading.
Frame damage must be reported to the Auction within 7 work days and inspected by the Auction.
All sales are final on sale day. NO EXCEPTION!
