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Terms of Agreement

Effective Date: May 11, 2026

Welcome to Lodestar Auctions ("Company," "we," "us," or "our"). By accessing or using lodestarauctions.com, you agree to these Terms of Agreement.

1. Governing Law

These Terms are governed by the laws of the State of Illinois, without regard to conflict of law principles. Any disputes shall be resolved in the state or federal courts located in Illinois.

2. Use of the Website

You agree to use this website only for lawful purposes and in compliance with all applicable Illinois and federal laws.

3. User Accounts

To participate in auctions or purchases, you may need an account. You agree to:

  • Provide accurate and complete information
  • Maintain the confidentiality of your login credentials
  • Accept responsibility for all activity under your account

We reserve the right to suspend or terminate accounts at our discretion.

4. Auctions, Bidding, and Sales

  • All bids are binding commitments to purchase
  • Items are sold to the highest bidder unless a reserve price applies
  • All sales are final unless otherwise stated
  • Items are sold "as is" without warranties unless explicitly stated

5. Payments

You agree to pay all applicable charges, including:

  • Purchase price
  • Taxes (including Illinois sales tax where applicable)
  • Shipping and handling fees

Failure to complete payment may result in account suspension.

6. Electronic Communications (Illinois E-SIGN Compliance)

By using this website, you consent to receive communications electronically, including transaction confirmations, account notices, and messages via email and, where applicable, text message. These communications satisfy any legal requirement that such communications be in writing.

7. Disclaimer of Warranties

To the fullest extent permitted under Illinois law, the website and all items are provided "as is" and "as available," without warranties of any kind.

8. Limitation of Liability

To the extent permitted by Illinois law, Lodestar Auctions shall not be liable for indirect, incidental, or consequential damages arising from use of the website or purchases.

9. Changes to Terms

We may update these Terms at any time. Continued use of the website constitutes acceptance of any changes.

10. Contact Information

For questions regarding these Terms, please visit: https://lodestarauctions.com/#contact