Purchasing Agreement
Company Disclosure
Mid Atlantic Surplus & Salvage, Corp. is in the wholesale business of buying and selling Salvage and Returned
goods to businesses. Salvage and Returns consists of customer returns, factory seconds, irregulars, overstocks,
and out of season goods. There are clear risks to buying salvage and returns. We do not assume any
responsibilities to those that experience losses of any kind as a result of purchasing these described Salvage and
Returned goods. Outdated items are to be removed and disposed of by the buyer/persons in possession of the
product.
Defective/Damages
Our experiences with the percentage of damaged or defective goods versus new and working goods vary greatly.
Any verbal or written correspondence regarding the possibilities of working versus non-working percentages is an
absolute estimation. We do not guarantee nor give information leading to the belief that the goods we sell are
problem and damage free.
Inspection
All goods offered F.O.B. Mid Atlantic Surplus & Salvage, Corp. warehouse is available for inspection prior to
purchasing. The inspection process allows for quality and quantity satisfaction before commitment to purchase. We
assume all buying parties have waived or satisfied their opportunity to inspections once a transaction has been
initiated or finalized.
Deposits
Deposit is required to reserve any merchandise until full payment is received. There is a 24hr period in which full
payment is due in the amount described on the contract (Invoice). Any grace periods or payment extensions are
subject to approval from our authorized staff and only written extensions will be acceptable. Failure to fulfill the terms
of the contract will result in the forfeiture of any cash deposits previously paid. All cash deposits including partial and
full payments are non-refundable and non-transferable. All deposits left will be 20% of the amount on your Invoice
in order to reserve your order until full balance is received. This is a binding and non-refundable contract and the
amount charged is non-refundable and non-transferable. All cancellations are subject to this charge—no orders
(partial or full) will be shipped until full payment amount is received.
I have read and agreed to the terms and conditions of this agreement. I further agree to purchase goods from Mid
Atlantic Surplus & Salvage, Corp. under the Purchasing Agreement described above. I authorize Mid Atlantic
Surplus & Salvage, Corp. to keep this agreement on file and apply these policies to all future transactions made
between Mid Atlantic Surplus & Salvage, Corp. and myself. In signing this agreement, I choose to waive my rights to
any claims against Mid Atlantic Surplus & Salvage, Corp. in the event of losses, missing quantities, and defective
items found in the goods I purchased.
My Signature below confirms I have read and understand the above document and will fax it to Mid Atlantic Surplus
& Salvage, Corp at (443) 749-4506.
Sign_______________________Print______________________Date_________
Sales Representative___________________________________
Mid Atlantic Surplus & Salvage, Corp.