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House of Bid Marketplace

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House of Bid

Terms of sale

How timed bidding, invoices, and dock pickup work on this house. This is a review draft, not a signed packet.

This pack is a starting template assembled from public auction-marketplace practices and California CDTFA resale guidance. It is not legal advice, is not a substitute for counsel, and must be reviewed by an attorney for the auction house’s state, tax registration, and sale format before buyers are asked to acknowledge it via NativeSign.

Policy pack auction-house-bidder-policies-v1. Buyer’s premium and tax stay in the questionnaire until counsel sets them.

What this house is

House of Bid runs timed internet catalogs. Lots close on the clock shown on each lot, with a two-minute extension when a bid lands in that window.

As found

Lots sell as described and photographed unless a specific sale says otherwise. Preview in person when the catalog offers a window. Do not assume a return after hammer.

Fees and tax

Buyer’s premium, listed fees, and tax appear on the lot and on the invoice. This draft does not invent those percentages. Staff set them in the policy questionnaire before NativeSign.

Invoice freeze

Once an invoice is issued, buyer’s premium, listed fees, and tax lines on that invoice do not change without a documented staff credit or void.

Payment and pickup

Pay the invoice, then pick up at the dock or at the sale address. This is not a shipping cart. Buyers wait at front staging; staff fetch tagged lots. NativeSign packets for pickup and terms are staged, not issued from this page.

Holds and other houses

The house may place a local bidding hold for unpaid lots at this house. Cross-house risk matches, if enabled, go to house-admin review — they do not silently auto-ban a bidder across other houses without that review.

Also read Privacy, Auction rules. Pickup path: /pickup.