Auction Rules
General Auction Rules
All sales are final. No exchanges or refunds. All items are sold “as is.” We have done our best to describe all the items correctly, but UBSPI assumes no responsibility for the authenticity or description of any item. The specific time limitations and restrictions mentioned in the item descriptions must be adhered to unless later altered by the donor. Many items, including certificates and passes, have specific use or expiration dates. We have done our best to note them in the Catalog or Bid Sheets. The buyer is responsible for contacting the donor for all items and services. In any case, all items must be used within one year of the auction. Failure to do so may result in the loss of that item. The auctioneer reserves the right to add or withdraw, without notice, items to or from the auction.
Silent Auction Rules
Items offered in the silent auction will have a bid sheet on a table. You may bid by simply writing your name with the amount you want to bid on the appropriate bid sheet. You may bid any amount more than the prior bid as long as your bid increment is equal to or more than the minimum bid increment allowed for that item. The next bidder must bid a higher amount (using the minimum increment) than the previous bidder to be successful. You may bid on any item in the silent auction until the section is closed. Bidding for items in the silent auction will close promptly at 7:30 p.m. A silent auction official will highlight the winning bid at closing. If the silent auction official designates your bid as the winning bid, you are obligated to purchase the item at the price you bid. UBSPI reserves the right to reject any bid that is not in compliance with the Minimum Bid increment over the prior bid.
Live Auction Rules
The live auction will begin promptly at 8 p.m. and continue until all items are sold. Bidders must hold up a paddle to signify their bid. The highest bidder acknowledged by the Auctioneer will be the purchaser. The Auctioneer will have the sole and final authority to determine the winning bidder.
Payment
Top bidders may pay for their items at the close-out section located on the bottom floor, across from the Moot Court Room, which will open for service beginning at 7:30 p.m. Payment must be made in full prior to leaving the event. Auction items will be awarded to one purchaser only. The top bid amount for an auction item will not be split among bidders.
Payment may be made by cash, check, or credit card.
All checks must be payable to the University of Baltimore Foundation.
Disclaimer
UBSPI, the University of Baltimore School of Law, the University of Baltimore, and the Regents of the University System of Maryland make no warranties or representation, and in no event shall be responsible for the correctness of descriptions, genuineness, authorship, provenance or condition of the items. No statement made in this catalog or made orally at the auction or elsewhere shall be deemed such a warranty for tax purposes or fair market value. Items have not been appraised unless otherwise noted.
Please contact your tax adviser about the use of donations for tax purposes.