ME12Prime Storage - Gorham Auction #451747

In accordance with our Terms of Use Agreement, the buyer agrees to the following:

• Winning auction buyers MUST make contact with the facility manager to make arrangements for payment and pick up won auctions with in 24hrs.

• Premium payments for won auctions MUST be made within 24hrs of auction closing. Failure to make payment within that time frame will result in loss of the auction and account suspension.

• We accept bids in increments of $10, bidders also have the ability to place a MAX BID that is at least $20 or more than the current bid amount.

• Any bids placed within the last 3 minutes of the auction will cause the auction time to extend an additional 3 minutes from that time.

• With our Standard Membership, the winning bidder will be charged a 15% buyer premium of each unit. With our Executive Membership, the winning bidder will be exempt of the buyer premium for a reoccurring monthly payment of $59.95 (billed anniversary style).

• Depending on the facility, a 10% deposit may be charged to the winning bidder's credit card at the close of the auction. That amount will be subtracted from the final amount due at the facility.

• Bidders MUST clean out the unit entirely, leaving it in broom-swept condition while abiding by the rules and regulations of the facility, before the end of the 48-72 hr clean out period.

• Winning bidders understand they are entering into a binding purchase contract. Failure to pay either party and clean out the unit completely will result in the bidder's account being suspended.

• The facility has the right to cancel the auction at anytime.

• The defaulted tenant has the legal right to cure the account thus cancelling the auction. This is true up until the payment is received from the winning bidder to both SelfStorageAuction.com and the storage facility in question, unless otherwise stated in the state's lien laws or facility.

• Winning bidders are responsible for their winning bids, taxes, and other fees associated with their account regardless of whether they claim ownership of the unit(s).

• By registering and agreeing to our Terms of Use, all bidders agree to not dispute credit card charges processed through www.SelfStorageAuction.com.

• Upon account being suspended all active winning bids will be removed.

• If a unit sale has 0bid(s) or the highest bidder and or subsequent bidders have failed to pay and follow through on the sale, then the unit becomes property of the seller and they can dispose of items or relist the unit, it would be at the discretion of the seller.