1. Inspection: All prospective buyers are hereby informed to thoroughly inspect any assets they intend to purchase prior to the commencement of the auction. All items are being offered "AS IS, WHERE IS, WITH ANY FAULT," and WITHOUT ANY WARRANTIES OF ANY KIND, INCLUDING EXPRESS WARRANTIES AND IMPLIED WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE OR MERCHANTABILITY.   2. Risk of Loss: Upon the announcement by Showtime Auctioneers of a lot as "sold," the risk of loss regarding the purchased property immediately transfers to the Buyer. Any theft, loss, or damage occurring subsequent to such announcement shall be the sole responsibility of the Buyer. The Buyer warrants and represents that adequate insurance coverage is in place for any items purchased at the auction. The Buyer is obligated to remove all purchased items from the auction site within the checkout period specified in the auction terms.   3. Tie Bids: In the event of a tie bid where two bidders both claim to be the highest bidder upon the auctioneer's declaration of "sold," the auctioneer reserves the sole discretion to reopen the bidding solely between the tied bidders or to all bidders.   4. Catalog Representation: Showtime Auctioneers provides a catalog for the purpose of representing the assets available for auction. However, this catalog serves only as a guide, and buyers are advised to independently verify any details before placing bids.   5. Buyer's Premium: All lots will be subject to an additional 10% buyer's premium.   6. Titled Asset Purchases: For any purchase involving titled assets at Showtime Auctioneers, the Buyer must furnish the following documentation:   - A copy of the Buyer's valid driver's license (front and back). - Proof of insurance.   Failure to provide the aforementioned documents may result in delays in the completion of the transaction.

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