Industry Industry

General Terms

Disclosure

Auction Details

Online.
Each Auction Opens as scheduled, refer to its Landing Page

Lots will Begin Closing as scheduled, refer to its Landing Page
United Sates Dollar (USD)
Each Auction is conducted at its own location, refer to its Landing Page
Payment is due within 48 hours of receiving invoice by wire transfer, company check with a bank letter of guarantee, certified funds, cash, Visa, MasterCard, American Express, or by making a deposit at a local Bank of America into our CT account.

Please Note: The Maximum Credit Card payment is $10,000 per invoice.
18% BP for buyers paying via Cash, Cashiers Check, Company Check or Wire Transfer will apply to your purchase

21.1% BP for any buyers paying via Credit Card
(Example: a $100 purchase paying by cash instrument the total with BP is $118 and a $100 purchase paying via credit card the total with BP is $121)
(Invoices usually go out at the higher rate, and can be discounted or just pay at the lower BP rate amount)
Disclosure

Tax / Removal

Each Auction Event will be at location refer to the Landing Page
ASM360 uses pertaining lot numbers independently per auction
Each Auction Event will be at location refer to the Landing Page
Time and date TBD refer to the Landing Page

Onsite Contact: + (925) 294-0220
San Jose, CA % Sales Tax

Resellers: An exemption is allowed if items are being purchased for resale. California buyers must complete the pertaining form and submit to info@asm-360.com prior to invoicing. Out-of-state buyers must complete their own state exemption form.
Use in Manufacturing: Exemptions will be allowed for manufacturers. CA Buyers must complete the CA pertaining form and submit it to info@asm-360.com. Out-of-state buyers must complete their own state exemption form.
Shipment out of State: Sales tax must be paid and will be reimbursed upon receipt of required documentation, (ie. bill of lading) Please let us know ahead of time that you will be supplying to avoid delays in the refund process. If we do not receive the bills of lading within 45 days of the auction. We will not refund the tax it will be paid to state of CA.
For more forms:
We will charge Sales Tax until we are supplied with the appropriate completed US state resale or manufacturing exemption form: Sales Tax Certificates.
We need this for every sale; e-mail to info@asm-360.com.
All items must be removed as stated in each auction catalog page.
Small, hand-held carry items must be removed within the first 48 hours of removal. Asset Management 360 is not responsible for missing items after that time period.
Shipper TBD

Note: ASM 360 is not the Shipper.

*Asset Management 360 does not pack, ship, store, crate or rig items. Buyers may either pick up their items at the designated auction site personally or can arrange for a third party logistics firm to manage the removal process for them. If someone other than the registered buyer at the sale is designated to pick up those purchased assets, the buyer must:
1) Contract with an independent logistics firm or other representative who will dismantle, crate, pack, or ship your purchased items.
2) Coordinate the removal of those purchased items to meet the time deadlines indicated on this page.
3) Submit an “Agent Release Authorization” form which will allow Asset Management 360 to release items to a third party contractor for shipping, crating or packing purposes. Since Asset Management 360 does not ship the items, we do not obtain/prepare any export licenses/documents. *Asset Management 360 finds and displays one or more local logistics service providers who understand our removal process, offer specific services, and have certain skills and capacities. We offer this service to you without representations or warranties of any kind whatsoever.

Asset Management 360 is not affiliated with any machinery rigging, transport or export company. We provide the names and contact information of available companies solely as a courtesy to our buyers. Asset Management 360 does not endorse or guarantee the services of any machinery rigging, transport or export company, and cannot be held responsible for any damage, omission or other problems incurred as a result of the actions of those companies. Buyers are encouraged to utilize a service provider of their choice, provided they supply Asset Management 360 with the required forms and insurance certificates.
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