The Seller agrees to indemnify and save harmless Associated Auto Auction Ltd. from any and all claims, actions, costs, expenses, damages and liabilities including solicitor’s fees and disbursements arising out of the entry and or sale of the said
vehicle in the auction.
The seller hereby guarantees said vehicle to be free and clear of all liens and encumbrances of any nature and or kind whatsoever.
While the said vehicle is on the premises of the auction it remains at the seller’s risk.
If the buyer should default on payment ownership of said vehicle will remain with the seller.
Vehicle will be sold within $100.00 of selling price without a phone call.
I/We, the seller have orally disclosed all of the above information above, and have included it in writing in the contract, all in a clear and understandable manner. All of the information is correct to the best of my knowledge and belief on the basis of information that I/We knew or ought to have known about using reasonable care and diligence:
FAILURE TO MAKE DECLARATIONS MAY RESULT IN SALE BEING CANCELLED AND ALL FEES INCLUDING BUYER’S FEES CHARGED T0 SELLER
As of January 2020, it is LAW requiring full disclosure of information on the history and condition of the vehicle. Failure to comply with the new regulations can lead to charges under The Business Practices Act.