Auction Terms and Conditions (Sale of Goods)
An Auction Terms and Conditions (Sale of Goods) document sets out the framework for the sale of goods by physical auction.
Last updated January 13, 2025
Suitable for Australia
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What is a auction terms and conditions (sale of goods)?
What is a auction terms and conditions (sale of goods)?
When should you use a auction terms and conditions (sale of goods)?
When should you use a auction terms and conditions (sale of goods)?
What should be in a auction terms and conditions (sale of goods)?
What should be in a auction terms and conditions (sale of goods)?
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Frequently asked questions
What is a auction terms and conditions (sale of goods)?
keyboard_arrow_upWhen should you use a auction terms and conditions (sale of goods)?
keyboard_arrow_upWhat should be in a auction terms and conditions (sale of goods)?
keyboard_arrow_upWhat protections does this document provide for sellers and buyers?
keyboard_arrow_upWhat are the main risks for buyers under these terms?
keyboard_arrow_upHow does the auctioneer’s discretion affect the auction process?
keyboard_arrow_upWhat should I check before and after the auction?
keyboard_arrow_upView Sample Auction Terms and Conditions (Sale of Goods)
The Legal Risk Score of a Auction Terms and Conditions (Sale of Goods) Template is Medium
Our legal team have marked this document as medium risk considering:
- Buyers must rely solely on their own inspection of items, as no claims can be made against faults or misdescriptions after purchase, which could lead to unexpected liabilities or dissatisfaction.
- The auctioneer has broad discretion to manage bids and the auction process, including the right to refuse bids and resolve disputes, which could potentially disadvantage some participants.
- Once an item is sold, the risk immediately transfers to the buyer, including any potential damages or losses that might occur after the auction, without the guarantee of recourse against the seller or auctioneer.
Articles about Auction Terms and Conditions (Sale of Goods)
Retention of Title Clause: An Explainer
Concerned that a buyer may default on their payment? Learn how a retention of title clause can protect you when you sell goods.
What Are Incoterms and Why Are They Important?
Have you ever wondered what people mean when they talk about FOB, CIP, DAT? Do not worry, this is not some alien language. Find out what it all means here.
What is Merchantable Quality in a Sale of Goods?
What is considered merchantable quality will usually depend on price, description and the purpose for which goods are used. Read about it here.
Top 10 Documents Used in the eCommerce Industry
eCommerce is one of the world's fastest growing industries. Find out the top 10 most used legal documents in the eCommerce industry here.
ACL vs Sale of Goods Act (NSW): What’s the Difference?
The Sale of Goods Act (NSW) and the Australian Consumer Law (ACL) are key pieces of legislation that govern the buying and selling of goods in Australia. This article will cover everything you need to know about both.
5 Reasons Why A Terms & Conditions Is Important
Before you skip the fine print, find out why not having terms and conditions could cost your business.
How to Start an Auctioneer Business
An auctioneer business is an exciting opportunity if you are passionate about sales and leading. Find out how to start an auctioneer business.
How Do Consignment Agreements Work?
Want to sell your goods without dealing with customers? Read this article to learn how to make consignment agreements work for you.
Why You Should Never Copy A Terms & Conditions
Although it may be tempting, you should never copy your terms and conditions from another website. Read more to find out why.
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