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1.GENERAL USE This site Yachtbuddy.com is provided as a venue for buyers and sellers, auction bidders and auction posters, advertisers and searchers. Yachtbuddy.com is not involved in any actual transaction between parties and assumes no control or liability over any issues that may arise as a result of any transaction. 2.YACHT PURCHASE ADVICE Persons entering into any auction or sales agreement to purchase a yacht are advised to purchase from a reputable broker where possible. The buyer should seek legal assistance before signing any sales agreement. It is the buyers responsibility to inspect the yacht and arrange a survey from a qualified surveyor before purchasing a yacht on sale or auction. A sea trial is advisable. As a buyer you will be purchasing the yacht in an As Is condition. Ask the seller for the inventory list, warranty status and about any outstanding debts, including dockage fees. 3.INTELLECTUAL PROPERTY All materials provided on this Website, including but not limited to information, documents, products, logos, graphics, images, auctions, and services are the wholly owned and copyrighted work of Yachtbuddy.com and/or its Third Party Providers. None of the materials posted herein may be copied, reproduced, distributed, republished, downloaded, displayed, posted or transmitted in any form or by any means, including but not limited to electronic, mechanical, photocopying, recording, or other means, without the prior express written permission of Yachtbuddy.com or the appropriate Third Party Provider. You may not mirror any materials contained on this Website on any other server or site without Yachtbuddy.com prior written consent. In order to register on this site you must provide your true name and a valid email address. 4.BIDDING Bidding on an item indicates your intent to purchase that item and is considered a legally binding contract between yourself and the seller of the item. Bids cannot be cancelled once they are submitted. Upon receiving notification that you are the winning bidder you are obligated to purchase the item or, in the case of a reverse auction, sell the item. 5.POSTING Posting an item in an auction indicates your intent to sell this item to the highest bidder and is irrevocable. This intent to purchase is legally binding. Upon completion of the auction it is your responsibility to conclude the sale with the winning bidder. In order to post an item on this auction site you must agree to the following: Do not inflate the price of your item by bidding on the item yourself. Do not engage in any fraudulent or illegal activity. Do not infringe on any third party copyright, trademark, service mark or patent. Do not spam (send unsolicited email) to users of this site. Spamming will result in immediate termination. 6.FEES You agree to pay all fees incurred from your use of this Website. All fees incurred in connection with this Website are non-refundable. 7.DENIAL OF SERVICE Yachtbuddy.com reserves the right to refuse service to anyone for any reason. This right will be exercised when it becomes evident a user is in some way abusing the system. 8.TERMS OF SERVICE This agreement comprises the entire agreement between the User and Yachtbuddy.com and supersedes all other agreements. By registering and participating as a user you are indicating your consent to be bound by this agreement. 9.DISCLAIMER Except as specified herein, the services on this website are provided solely on an as is basis. Yachtbuddy.com hereby disclaims all express, or implied representations, warranties, guarantees, and conditions of merchantability, fitness for a particular purpose, title and non-infringement except to the extent that such disclaimers are held to be legally invalid in your jurisdiction. You assume all responsibilities for determining whether the products/ services are sufficient for your purposes. Yachtbuddy.com does not make any representations, warranties, guaranties or conditions as to the quality, suitability, accuracy, or completeness of any of the products and services contained on this website. 10.LIMITATION OF LIABILITY Yachtbuddy.com shall not be liable for any direct or indirect damages suffered as a result of purchasing or selling items on this website. In no event shall Yachtbuddy.com be liable for any direct, indirect, punitive, special, incidental, or consequential damages, including but not limited to loss of business, revenue, profits, use, data or other economic advantage, however arising whether in an action of contract, negligence or other tortuous action, arising out or in connection with the use or performance of information available from this website, even if Yachtbuddy.com has been previously advised of the possibility of such damage. You agree to hold Yachtbuddy.com harmless from, and you covenant not to take any legal action or other action against Yachtbuddy.com, asserting any claims based on or related to the use of this website.
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