TERMS AND CONDITIONS OF SALE

1. Acceptance of Terms; Condition of Property; Final Sale – All property offered for sale is sold “AS IS,” “WHERE IS,” and “WITH ALL FAULTS.” No warranty or guarantee, express or implied, is made regarding the condition, authenticity, age, provenance, merchantability, fitness for a particular purpose, or description of any item offered for sale. Prospective bidders are solely responsible for inspecting all property and determining, to their own satisfaction, the authenticity, condition, value, and suitability of any item prior to placing a bid. By registering to bid or placing any bid, the bidder acknowledges that they have had a full opportunity to inspect the property or have voluntarily waived such inspection. All sales are final, with no refunds, exchanges, credits, cancellations, or chargebacks permitted under any circumstances except where prohibited by applicable law. California Buyers: Firearm laws vary significantly within the State of California. Certain firearms, magazines, stocks, accessories, and related items offered in this auction may not be legal for sale, transfer, or possession in California. Buyers are solely responsible for verifying compliance with all applicable federal, state, and local laws, including but not limited to the California Department of Justice Handgun Roster and Curio & Relic regulations. Failure to comply with applicable law shall not constitute grounds for cancellation or refund. Risk of loss passes to the successful bidder immediately upon the Auctioneer’s declaration of “Sold” (the fall of the hammer). Reata Pass Auctions and its Auctioneer assume no responsibility for loss, theft, damage, or breakage occurring thereafter. The Auctioneer’s acceptance of the highest bid constitutes a legally binding contract between the successful bidder and Reata Pass Auctions under the laws of the State of Arizona. Registration for bidding constitutes acceptance of these Terms and Conditions in their entirety.

2. Auction-Only Sales – All property shall be offered exclusively through the auction process. No items shall be sold prior to the commencement of the auction, and no presale transactions shall be permitted under any circumstances.

3. Sales Tax – Applicable Arizona state and local sales taxes shall be collected from all purchasers unless a valid exemption applies. Sales tax shall be calculated on the combined total of the hammer price plus the applicable Buyer’s Premium. Dealers claiming tax-exempt status must provide a valid resale certificate or resale license through Proxibid, iCollector, or directly to Reata Pass Auctions prior to bidding. Tax exemptions cannot be applied retroactively after registration or purchase.

4. Lots and Catalog Order – All bids are submitted on a per lot basis as identified in the auction catalog. Lots shall be offered in catalog order unless otherwise announced by the Auctioneer. Reata Pass Auctions reserves the right to withdraw any lot prior to the sale. Individual lots shall not be broken apart.

5. Bidding Procedures – The highest qualified bid accepted by the Auctioneer shall prevail. The Auctioneer reserves the discretion to regulate bidding, reject any bid believed not to be made in good faith, resolve bidding disputes, reopen bidding, or re-offer any disputed lot. The Auctioneer’s determination shall be final, binding, and conclusive upon all parties.

6. Payment Terms; Buyer’s Premium – Accepted forms of payment include cash, approved credit cards, and approved checks for in-person purchasers. Wire transfers are not accepted. A Buyer’s Premium shall be added to the hammer price as follows: A 23% Buyer’s Premium applies to all purchases made through the Proxibid platform. If the purchaser notifies Reata Pass Auction and arranges to pay by check no later than seven (7) calendar days before the auction, the Buyer’s Premium will be reduced to 20%. If payment by check has not been arranged within this timeframe, the credit card on file with Proxibid will be automatically charged for the total purchase amount, including the applicable 23% Buyer’s Premium, any applicable taxes, shipping charges, and other applicable fees. 20% for online purchases through Hibid and ICollector. 15% for in-house purchases paid by cash or check. 17% for in-house purchases paid by credit card. Title to and ownership of any purchased property shall remain with the Seller and/or Auctioneer until payment has been received in full and all funds have been collected and finally cleared. The Auctioneer reserves the right to withhold possession or delivery of any property until payment has been fully satisfied.

7. Catalog Errors – Although every reasonable effort is made to ensure accuracy, Reata Pass Auctions or the Auctioneer assumes no liability for typographical errors, omissions, inaccuracies, advertising errors, clerical mistakes, or bidder misunderstandings.

8. Payment, Storage, Pickup, Shipping, and Abandonment – Unless prior written arrangements have been approved, payment in full is due on the day of the auction. Failure to remit payment timely may result in cancellation of bidding privileges, permanent suspension, collection efforts, and any other remedies available under law. Storage is provided without charge for sixty (60) calendar days following the sale date for paid items only. Beginning on the thirty-first (61st) day, storage charges shall accrue at the rate of $5.00 per item, per day, unless otherwise agreed in writing. Purchased property must be removed within ninety (90) calendar days following the auction. Property remaining beyond ninety (90) days shall be deemed abandoned without further notice and shall become the sole property of Reata Pass Auctions. The purchaser shall remain liable for all unpaid balances, storage charges, collection costs, and any deficiency resulting from resale. Shipping is solely the responsibility of the purchaser. Buyers purchasing oversized, fragile, mounted, or heavy items (including but not limited to safes, taxidermy, furniture, and items exceeding 50 pounds) must arrange shipping or delivery at their own expense. Reata Pass Auctions utilizes FedEx exclusively for eligible shipments. Shipping charges include: Actual FedEx shipping charges; A packing fee; A $5.00 box fee per shipping carton; and Insurance at the rate of $1.00 per $100.00 of declared value.

Shipping is the responsibility of the Buyer and the Buyer must make all Shipping or Delivery arrangements on large items.(This includes items over 50 pounds, delicate items, large mounts, safes etc…) Items will be packed and shipped by us at the Buyer’s expense we use FEDEX ONLY and charge a 5.00 dollar box fee per box plus insurance is a dollar per hundred dollars and then you will pay exact FEDEX rates in addition to that.

9. Assumption of Risk – All items are sold AS IS without warranty of any kind. Risk of loss transfers immediately upon the Auctioneer’s declaration of sale. The successful bid constitutes a legally enforceable contract governed by the laws of the State of Arizona.

10. Firearms Compliance – All transfers of post-1898 firearms shall comply with all applicable federal, state, and local laws. All required ATF forms and background checks shall be completed through Reata Pass Auctions. Out-of-state purchasers shall have all modern firearms shipped only to a valid Federal Firearms License (FFL) holder. Arizona FFL holders requesting same-day delivery must present a valid signed copy of their Federal Firearms License on the day of sale. FFLs shall email a clear PDF copy of their license to [email protected] or fax it to 928-632-0107, together with the purchaser’s name and paddle number. Firearms shall not be shipped until all required documentation has been received and verified. Packing, shipping, transfer fees, insurance, and all related expenses are the responsibility of the purchaser.

11. Firearm Condition Disclaimer – Reata Pass Auctions makes no representation or warranty regarding the safety, operability, mechanical condition, or firing condition of any firearm. All purchasers are strongly encouraged to have firearms inspected by a qualified licensed gunsmith before loading or firing. Firearm condition descriptions are based upon National Rifle Association (NRA) grading standards.

12. Consignor Bidding – Consignors, their agents, representatives, employees, family members, or any individual acting on their behalf shall not bid upon consigned property for the purpose of artificially influencing the sale price. Any violation may result in withdrawal of the affected lots, cancellation of the sale, public disclosure, suspension of bidding privileges, and any additional remedies available to Reata Pass Auctions.

13. Limitation of Liability – Persons attending the auction, preview, pickup, or any auction-related event do so entirely at their own risk. Reata Pass Auctions, its Auctioneer, employees, consignors, agents, affiliates, and property owners assume no responsibility or liability for personal injury, death, accidents, theft, or property damage occurring on the premises.

14. National Firearms Act (NFA) Firearms – Transfers involving National Firearms Act (NFA) firearms, suppressors, machine guns, short-barreled rifles, short-barreled shotguns, or other regulated firearms shall comply fully with all applicable federal, state, and local laws. A $200 federal transfer tax (or such amount as required by law) shall be paid by the purchaser for each taxable transfer. Required paperwork includes, but is not limited to: ATF Form 4; Fingerprint cards; ATF Form 533.20 (or successor forms); and Any permits or licenses required by the purchaser’s jurisdiction. All purchase funds shall remain in escrow with Reata Pass Auctions until ATF approval has been received. Certain states prohibit possession of machine guns or other NFA-regulated firearms. Buyers are solely responsible for determining legal eligibility before bidding. Internet bidders are encouraged to submit maximum absentee bids in advance using the available online bidding platforms. Reata Pass Auctions reserves the right to withdraw, re-catalog, or modify any lot prior to sale. Items containing pre-ban ivory or other restricted materials may not be eligible for shipment and must comply with all applicable wildlife and import/export laws.