Sales Process – City of Fort Lauderdale

City of Fort Lauderdale
Online Sale Rules and Requirements
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  • All visual only inspection of City of Fort Lauderdale assets must be scheduled by appointment only with 24-hours advance notice of posted visual only preview day.
  • Current Identification (must be a photo ID) will be required for any admittance to any visual only inspections of City of Fort Lauderdale assets. There is a limit of two (2) people per appointment.
  • All assets are sold WHERE IS AS IS with no attestation as to the accuracy of the description and the condition. There are no warranties, guarantees or representation of any City of Fort Lauderdale assets.
  • The Seller makes no representation that there are any logbooks with the aircraft or that any logbooks provided are complete. All available logbooks will be made available for viewing with the aircraft.
  • The successful bidder agrees to forfeit their full funds for failing to complete the sale to the City of Fort Lauderdale. No refunds will be issued.
  • Buyers understands and agrees that funds are to be sent to the specified bonded and insured escrow account (provided by RMAVI) made by wire only to purchase a City of Fort Lauderdale asset. No exceptions will be made.
  • All bidders who are awarded a City of Fort Lauderdale Asset Sale are subject to verification when funds are wired to the RMAVI supplied escrow account. To help facilitate the verification process please reference the aircraft tail #, Company Name and the individual authorized by the company to perform these actions. The Company and/or Bidder must match the wire. All wires per new bank and federal rules must be able to be verified.  All incoming funds must be noted as sent to Risk Mondial from origination account into the Risk Mondial account.  Originating account must be in the winning bidders name and/or company name and must have a verifiable public records cross reference. Please be advised that this verification will take time and asset cannot be released until this step has been completed. This is usually a 3-day process after funds have cleared in the provided Escrow account but may take longer depending on the verification time needed.
  • Successful bidders are responsible for any and all fees and costs associated with the asset at the time of sale.
  • Successful bidders are responsible for any and all federal, state and local taxes.
  • Buyers understand and agree that RMAVI is a contractor/agent for the City of Fort Lauderdale to market and sell for the City of Fort Lauderdale and is not the Seller. Buyer agrees to hold harmless and indemnify RMAVI and all of its affiliations, employees and contractors from any and all legal action.
  • There is no fee to place an offer.
  • All funds will be due within 48 hours of notification to the buyer of the approval of sale. Buyer has 24 hours from the notification of cleared funds and completed verification of Offeror to remove the asset from its storage location. Buyer is responsible for any and all fees for the asset after it has been released to the buyer. Failure to make timely wire payments may result in the disqualification of the buyer.
  • All City of Fort Lauderdale inventory is sold WHERE IS AS IS. No warranties or guarantees are implied, given or expressed. All inventory and any equipment are thereon sold “WHERE IS AS IS WITH ALL FAULTS”. Seller specifically disclaims any warranty, guaranty, or merchantability, fitness for a particular purpose, eligibility for any maintenance programs or airworthiness.
  • THE BUYER EXPRESSLY AGREES THAT BY MAKING AN OFFER THAT THEY AGREE THAT THEY HAVE READ AND CONCUR THAT NO WARRANTIES OR REPRESENTATIONS, EXPRESSED OR IMPLIED, HAVE BEEN MADE DIRECTLY OR INDIRECTLY BY THE SELLER OR THE SELLER’S AGENT CONCERNING THE CONDITION OR USE OF THE INVENTORY. THE BUYER FURTHER EXPRESSLY AGREES THAT HE HAS NOT RELIED UPON ANY ORAL REPRESENTATIONS BY THE SELLER OR THE SELLER’S AGENT AS TO THE CONDITION OR CAPABILITY OF THE ASSET BEING SOLD. THE BUYER ALSO RECOGNIZES AND ACKNOWLEDGES THAT THE INVENTORY MAY HAVE BOTH APPARENT AND/OR HIDDEN DEFECTS AND THE BUYER ACCEPTS ALL RESPONSIBILITY FOR DETERMINING THE CONDITION OF THE ASSET AND THE EXISTENCE OF ANY DEFECTS. THE BUYER ALSO EXPRESSLY AGREES THAT BY USING THIS WEBSITE AND MAKING AN OFFER THAT THEY HAVE READ AND CONCUR WITH ALL RULES AND REGULATIONS OF THE USMS ASSET SALE AND ON THIS SITE.
  • Aircraft may be visually inspected only on the date specified in the listing by appointment only with a 24-hour notice for scheduling. Seller reserves the right to reject any offer for any reason, modify the listing or to extend the end date of the listing. Seller has the right to remove any listing at any time for any reason. If, at the Seller’s discretion, no reasonable offer is received, Seller may elect to sell the asset at public auction or via a private sale with no prior notice.
  • All information provided for the City of Fort Lauderdale asset is believed to be accurate, however, buyer assumes full responsibility to verify and confirm any and all information and specifications provided.
  • Information is subject to change without notice prior to sale date. The City of Fort Lauderdale reserves the right to remove any asset from the listing at anytime prior to the end date without notice. All inventory is sold WHERE IS AS IS, with no warranties expressed or implied as to condition or worthiness for any particular purpose.
  • WARRANTIES: Aircraft is sold WHERE IS AS IS, with no warranties implied or given. The condition of the asset is not warranted.
  • Assets are sold by the City of Fort Lauderdale, which reserves the right to refuse any bid for any reason. Bidders should conduct their own due diligence to determine condition, value or worthiness for a particular purpose.
  • THEREFORE, the Seller offers these assets for sale in “AS IS WHERE IS CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN,” with no representations, warranties or guarantees whatsoever, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.
  • All buyers are deemed to have relied entirely on their own information, judgments and visual inspections of the assets in making the decision to purchase the asset.
  • ALL SALES ARE FINAL.