Required Disclaimers
Disclaimers are crucial to keeping everything above board. You can easily create legal disclaimers. It’s all about making sure everyone’s on the same page before the auction starts. Participants agree to the terms upfront, so there’s no confusion later on. It’s a simple way to keep things transparent, and hassle-free.
Why require participants to agree to disclaimers?
Simple. Auctions can get complicated, and having everyone agree to the same legal terms upfront keeps things smooth. Without a clear understanding of the rules—like Mutual Indemnity or AS IS - NO WARRANTY—you could end up with confusion, disputes, or worse. But when participants confirm their agreement beforehand, everyone’s on the same page, and the whole process is a lot easier to manage. No surprises, no last-minute misunderstandings. Just clarity from the start.
Why not just list disclaimers somewhere and call it a day?
You could, but then how do you know everyone has actually read them? Instead of hoping people scroll through the fine print, AssetDivide makes it simple: participants have to agree before they can place a bid. This way, you know they’ve seen the terms, and they can’t claim ignorance later. It’s a straightforward, no-fuss way to make sure everyone’s aware of their obligations and responsibilities.
What makes AssetDivide disclaimers different?
It’s all about flexibility. We don’t just give you a one-size-fits-all disclaimer—managers can create custom legal terms that fit the auction’s specific needs. Whether it’s about shipping terms (FOB Origin) or the condition of the assets (AS IS - NO WARRANTY), you’ve got the control to set the right rules for your auction. And participants? They agree to them with a click. Everything stays clean and clear, right from the start.