With so many people wanting to sell on their old things to make room for
the latest and greatest, online auctions are a popular means of making a
pound or two from possessions of old that would otherwise languish in a drawer. From
the perspective of a website owner/operator, then, an auction site is a
New & Updated Website Terms and Conditions
For those looking to set up such a site, Simply-Docs has now fully
re-worked and re-published a complete set of terms and conditions
templates. Designed to work together, each document in this set of three
terms for sellers, and terms for bidders.
These documents have been designed to regulate the activity of bidders and
sellers using your site while protecting you, and your valuable
intellectual property. Your position is that of the provider of the auction
facilities, but you are not made a party to any transactions between
bidders and sellers.
Payments, both between bidders and sellers and between sellers and you, are
addressed. Fees come in either one or two forms with a standard transaction
fee (a percentage of the winning bid in an auction) and an optional listing
fee (a fixed fee for advertising an item for sale by auction). As to
payment methods, it is assumed that you will use a third party payment
system, requiring bidders and sellers to enter into a separate agreement
with the relevant service provider.
These terms and conditions are designed for use by both businesses and
consumers. Different terms are stated to apply where a seller is a business
or a private individual, in particular where the “cooling-off” period is
concerned, and in terms of the standards to which goods must conform.
The contents of this Newsletter are for reference purposes only and do not constitute
legal advice. Independent legal advice should be sought in relation to any specific