17" x 40" Osama Sr SJ1740D Engine Lathe

Terms and conditions:

•  A buyer's premium of 18% will be added to the hammer price of each lot sold.

• Payment is required 48 hours after receipt of the invoice via wire transfer or cashier's check. 

• The Auctioneer and his principals make no representations nor give any warranty expressed or implied.  All assets sold "AS-IS WHERE-IS"

• Equipment is located in Schaumburg, IL. 

• Removal: All equipment is located in Schaumburg, IL. Hand carry items for local pick up only on December 19th from 8am to 3pm.  Chicago Machinery Movers is the exclusive rigger and will be on-site December 20th and 21st.  All equipment must be removed by end of day December 21st- NO EXCEPTIONS.  Loading fees listed in each auction listing will be applied to all winning invoices.  Loading includes loading equipment onto buyer-arranged trucks.  If no loading fee is listed in the listing that lot is considered a Hand Carry item  Containers may not be loaded on site.  Prepping machinery for transport is the responsibility of the buyer.  

• Buyers shall be deemed to have relied entirely upon their own inspections.

• Buyers to pay for all associated loading, removal, transport, and any taxes or VAT

• Auctioneer reserves the right to sell subject to a reserve and to purchase for its own account and/or for the account of others, whether verbal or written proxy, all subject to prior sale.

• No person or persons shall retract their bid after it has been made.

•  If any dispute arises between two or more bidders, the auctioneer may decide, or put the lot up for sale again at once and resell to the highest bidder.

• No assets shall be removed unless paid for in full.  The buyer shall be responsible for all costs of removal and shall be liable for any damage, including without limitation, any environmental damage caused during or as a result of the removal.  Purchasers shall comply with all environmental laws and regulations and all requirements established by the auctioneer for the removal of articles, including requirements as to bonding of movers.

Removal: All equipment is located in Schaumburg, IL. Hand carry items for local pick up only on December 19th from 8am to 3pm.  Chicago Machinery Movers is the exclusive rigger and will be on-site December 20th and 21st.  All equipment must be removed by end of day December 21st- NO EXCEPTIONS.  Loading fees listed in each auction listing will be applied to all winning invoices.  Loading includes loading equipment onto buyer-arranged trucks.  If no loading fee is listed in the listing that lot is considered a Hand Carry item  Containers may not be loaded on site.  Prepping machinery for transport is the responsibility of the buyer.  

No assets shall be removed unless paid for in full.  The buyer shall be responsible for all costs of removal and shall be liable for any damage, including without limitation, any environmental damage caused during or as a result of the removal.  Purchasers shall comply with all environmental laws and regulations and all requirements established by the auctioneer for the removal of articles, including requirements as to bonding of movers.

The auctioneer and its partners cannot be held liable for issues or damages sustained during loading or transport. All third party vendors and contractors carry their own insurance policies.