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  Standard Auction - Transaction Rules   Help Index  
Standard Auction - Rules Overview

  • Each iSolar Exchange Website has specific Website Rules (accessible from the footer of each website) that apply to that specific iSolar Exchange website (Forward, Procurement, Stores, Classifieds), and are incorporated herein by reference.
  • By agreeing to this Agreement, and then subsequently using an iSolar Exchange Website, you are agreeing to comply with the specific Website Rules for such iSolar Exchange Websites.
  • eSolar Exchange Forward Auction
  • The Forward Auction Portal of iSolar Exchange acts as a venue to allow the iSolar Exchange buyers and sellers to offer, sell and buy Solar and renewable energy products, equipment, tools, raw materials and other items at anytime, from anywhere,in a Forward Online Auction Format.
  • iSolar Exchange is not involved in the actual transaction between buyers and sellers.
  • As a result, we have no control over the quality, safety or legality of the items, advertised, the truth or accuracy of the listings, the ability of sellers to sell products or the ability of buyers to buy products.
  • We cannot ensure that a buyer or seller will actually complete a transaction.
  • By using the iSolar Exchange web site, you agree to the provisions contained in these Terms and Conditions which govern your use of the site.
  • By clicking on the "I Agree" button, you acknowledge your agreement to these Terms and Conditions and enable you to proceed with the registration.
  • If you do not accept these terms, and conditions, and wish to discuss or amend them please contact INFO@iSOLAREXCHANGE.COM.
  • We recommend that you print a copy for your records.

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    Standard Auction - Buyer Transaction Rules
  • Buyer agrees to the following Transaction Rules.
  • To accept that all auction bids are binding and cannot be retracted.
  • By submitting a bid, a buyer agrees they are entering into a legal binding contract to complete the transaction with the Seller if Buyer is the winning bidder.
  • To be liable for all Sales and Use Tax and /or provide Seller a Certificate of Exemption.
  • To remit full payment for purchased materials, products and equipment in the amount of the auction closing price, Sales Tax (where applicable) and registration fees by certified check from a U.S. bank or wire transfer or a credit card service such as PayPal or with a third party escrow service such as e-Escrow.com within three (3) business days to the Seller after the auction closes or as in Sellers posted Auction terms & conditions or as agreed to by both parties.
  • If buyer is picking up the Auctioned items at Sellers location. Buyer will remove the Auctioned items from Seller's premises no later than eight (8) business days after the auction closes and that after thirty (30) days the Auctioned items may be deemed abandoned and re-sold unless both parties agree to different terms in writing.
  • To be responsible for all title registration, freight and transportation costs related to transporting from the Auction Item's location or as posted and described in Sellers auction's terms & conditions or as agreed to into in writing between both parties.
  • Buyer agrees to use an Escrow or other similar third party service if required by Seller. This is sometime required with a sales exchange across distances other then local occurs with high value Auctioned items.
  • To agree not to bypass the auction service and negotiate a listed auction outside the site with Seller.

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    Standard Auction - Seller Transaction Rules
  • To sell items listed in the Auction to the highest auction bidder who meets or exceeds Seller's Reserve Price or who uses the "Buy Now"feature.
  • To not have items posted in iSolar Exchange's Auction site posted at the same time in another auction site or for sale in another venue.
  • To be responsible for Auction listed items until removed or shipped from Seller's location.
  • To maintain Auctioned items in the same condition as documented in the Sellers listing details until buyer takes possession.
  • To provide all lien information necessary to clear title to Buyer.
  • To provide all title transfer documentation and information for Buyer to register equipment or vehicles.
  • To transfer any warranties when applicable.
  • To pay all Auction Service and transaction fees according to iSolar Exchange fee schedules.
  • To make Auctioned items ready for shipping to Buyer as described in Sellers Listing no later than one (1) business day after the Seller receives payment from buyer, unless Buyers agrees to different terms or through the use of a third party service.
  • To accept final payment equal to the auction closing price.
  • To agree not to manipulate the price of any products or services offered on the iSolar Exchange, either through the use of shills, alias or decoys, or by acting as a buyer in respect of such purposed sale.
  • To agree not to bypass the auction service and negotiate a listed auction outside the site with Buyer.

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