TERMS AND CONDITIONS

CTC Services Aviation (LAD Inc) is a claim management firm and as part of its duties to the insurance carriers it represents, offers the available salvage for sale to the highest bidder. LAD reserves the right to reject any and all bids. All sales will be conducted under the Terms and Conditions outlined without exception. This web site, and its contents, are the property of LAD and cannot be copied, duplicated or used for any purpose without our written permission.

SALVAGE STATUS: Each prospective bidder should inspect the salvage item, or arrange for any inspection of that salvage item at their own expense, prior to bidding. LAD will not furnish labor or pay any fees incurred for bidders to conduct an inspection or document research on any salvage item. Your failure to inspect, research or otherwise educate yourself regarding the current status, condition or state of the salvage item will not constitute grounds for a claim of damages or withdrawal of your bid. Each salvage description is based on the best information available at the time of bid sheet preparation. However, LAD and/or the insurance company involved make no warranties or guarantees of any kind, expressed or implied, as to the salvage item or its various component parts and/or sub-parts, regarding the quality, fitness or condition or the subsequent reuse of any item. No monetary adjustments or withdrawal of bid based on a failure of the salvage to meet any bidder expectations will be considered.

LOCATION OF SALVAGE: All salvage, and any available component parts removed for any reason from that salvage, will be sold "AS IS" & "WHERE IS" without exception. The successful bidder shall assume all risks as to the condition and quality of the salvage being offered. The successful bidder will assume all costs associated with removal, packaging and loading, transporting and shipping of all items associated with each individual salvage sale regardless of the location(s).

BIDS: All bids should be submitted in a legible manner on the provided form. Bids submitted on other than LAD bid forms does not waive the requirements of the Terms & Conditions stated here. LAD reserves the right to accept or reject any and all bids without explanation.

PAYMENTS: The successful bidder is required to provide payment within 15 days of the published award date. Our failure to reach you by telephone or other means on the award date does not extend the payment period. Payment must be made in certified funds, either a certified bank check, cashiers check or made by wire transfer. Under no circumstances will LAD accept a personal or business check, cash, or other payment methods. Failure to remit acceptable payment will subject the salvage to re-award after 15 days, without notice to you, unless arrangements acceptable and agreed to by us are made.

DOCUMENTATION PROVIDED WITH SALVAGE: Under most circumstances each salvage aircraft is sold with a clear title and a completed Bill of Sale. If available and appropriate, the registration certificate and airworthiness certificate may be included. However, the registration certificate will reflect the sale transaction. All available logbooks and related documentation provided to us will also be included unless otherwise noted on the bid sheet. However, LAD and the insurance company involved make no representations, offer no guarantees or commitments as to; the condition or form of title, status of any liens or lien releases, other judgments or encumbrances of any kind, the registration certificate and airworthiness certificate. Our inability to provide any items of documentation will not be an acceptable basis for bid withdrawal and no monetary adjustments for the lack of documentation will be considered.

RELEASE AND REMOVAL OF SALVAGE: Upon receipt of acceptable payment as outlined above LAD will release the salvage item(s) to the successful bidder only. The successful bidder will be responsible for making all arrangements for the removal, loading, packing, shipping and transport of all items associated with the salvage, wherever their location, and at their own expense. Buyer will have 30 days from the salvage award date to remove their salvage items, or arrange for its continued storage at their expense. Our failure to reach you by telephone or other means on the award date does not extend the 30-day storage period.

LIABILITY LIMITATION: Should a situation develop where liability of LAD and/or the insurance carrier it represents has been established, our liability shall not under any event or circumstance exceed the refund of the purchase price upon the return of the salvage item involved.

RELEASE OF LIABILITY AND INDEMNITY: Under no circumstance shall we be liable or responsible for any injury or damage sustained by a prospective bidder while on our property, or while on the property of any storage facility where salvage be kept, or incurred during the course of inspecting or examining any salvage item, whether or not we are negligent. Any bidder, acting on their own behalf and for the purpose of bidding on offered salvage, who enters into any structure or area where salvage may be stored, shall indemnify and hold harmless the seller and his agents, officers, and employees from and against any and all loss, detriments, costs, damages, or expenses of any kind which they may suffer or sustain, including claims for injury or death.

ORAL or WRITTEN MODIFICATION: No statement(s) by any representative of LAD and/or the insurance company, the storage facility, or any other party can alter or confer any right upon any bidder or buyer that alters or otherwise changes the terms of the sale or alters the bid description.

To accept these terms and proceed to the salvage listings click on the acceptance text below.

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