Carefully read and review the notices, disclaimers, limitations, terms, provisions and conditions set forth herein below and in the Privacy Policy before using this site or its features in whole or in part (these terms, including but not limited to the privacy policy, are hereinafter referred to as “Terms of Use”). By using this service, the User agrees and understand that he or she is bound by the Terms of Use.
The term “site” shall include this website and all websites owned or controlled by RENTBID LLC, and shall include without limitation all applications, features, services and information on or available through this website (all applications, features, services and information hereinafter also referred to collectively as the “services”).
Any RENTBID LLC website may also have additional terms of use that will be available on that website, and all such additional terms will apply fully to that website. In the event of any conflict between these terms of use and any additional terms on a particular RENTBID LLC website, the particular additional terms will control as to the use of that website.
This site and all of its features and services are offered and made available to you, and your use of this site and its features in whole or in part, is subject to and conditioned upon your acceptance and agreement and compliance with the terms of use, without qualification, limitation or modification. Do not use this site or any of its features in whole or in part if you do not understand and agree to the terms of use without qualification, limitation or modification. By using this site, including without limitation viewing or using any or all of its content or features in whole or in part, you acknowledge that you have read the terms of use and agree that you shall comply with the terms hereof without qualification, limitation or modification.
These terms of use apply to you in whatever capacity in which you use this site, including but not limited to customers, members or visitors. for purposes of these terms of use, and use and interaction with this site:
(a) a “customer” is an organization or person who has entered into an agreement with RENTBID LLC and uses the site and provides access to the site as a service to others (hereinafter referred to as “customer”); customer shall also include without limitation an individual whom a customer has authorized to interact with the site;
(b) a “member” is a person who has registered to interact with certain features of the site;
(c) a “visitor” is any person or entity who visits the site for any reason whatsoever.
You represent and warrant by using this site that you are at least 18 years of age, of sound mind, are competent to enter into a legally binding agreement and have authority to bind yourself or the person or entity you represent and to be bound hereby.
RENTBID LLC whose principal place of business is in Naperville, IL (trading as “RENTBID LLC.” or “the Website Operator”); and
You, the user of the Service (“the User”).
RENTBID LLC is not ‘an online realtor/property owner/landlord/auctioneer’.
RENTBID LLC acts only as host and the Website, the Realtor/property owner/landlord/auctioneer Site (if applicable) and Services acts only as a means of communication intended to provide online access to the Realtor/property owner/landlord/auctioneer’s auction.
RENTBID LLC is not a party to the contract for sale and purchase entered into between the Realtor/property owner/landlord/auctioneer, (and/or its principal) and the Bidder User, nor is RENTBID LLC acting as agent for any such person. RENTBID LLC shall not, by whatever means or for any reason, be joined as a party to the contract for sale and purchase.
No joint venture, franchise, partnership or any other business entity exists or shall exist between RENTBID LLC and any party.
“Content” means all data, information, advice and downloaded materials contained or referred to in or accessed from the Website.
“Intellectual Property Rights” means patents, trademarks, design rights, database rights, copyright, and all other intellectual property rights anywhere in the world, whether registered or not.
“Licensor” means any licensor of the Website Operator including without limitation any third parties placing Content on the Website.
“Service” means the provision of Content (which includes without limitation, news, data, catalogues, and other services) provided on the Website to the User by the Website Operator. Auction services are subject to additional terms and conditions which the User is required to register for and accept before being able to access and use the auction services.
“Website” means any one of RENTBID LLC Inc websites.
Access to and participation in:
Timed Property Rental Auctions: A Timed Property Rental Auction can take place online and the realtor/property owner/landlord/auctioneer will organize the lease/rent. The Timed Auction is an automatic process that is administered according to established parameters. Bids are placed over a defined time period “Bidding Period”. Bidder Users can view the highest current bid. The highest bid, (being the greatest bid that meets or is in excess of any reserve bid), at the end of the Bidding Period is successful at the realtor/property owner/landlord/auctioneer’s discretion.
Timed Auction will either be open to all registered Bidder Users who have registered and been approved by RENTBID LLC in accordance with its terms and provisions or restricted to a defined group of Bidder Users according to the Realtor/property owner/landlord/auctioneer’s chosen criteria; and may also be a ‘private treaty sale’ or ‘tender sale’ where Bidder Users cannot see the value of the bids placed by other Bidder Users.
Rent it now. This option may be available in certain Timed Auctions, where this is selected by the realtor/property owner/landlord/auctioneer – this permits the Bidder User to let/rent/lease the rental property for a maximum “rent it now” price at which point the lot closes regardless of what the actual end time is, and the lot will be let/rent/leased to the Bidder User in accordance with the Realtor/property owner/landlord/auctioneer Terms. Note that where the current bid is one increment below the “rent it now” price, the option to “rent it now” will automatically be removed.
Live Auction Webcasts. Live auctions are traditional auction sales conducted by a realtor/property owner/landlord/auctioneer that take place at a physical location. A Live Auction Webcast allows the Bidder User to participate in the auction either by placing Automatic Bids (defined below) in advance of the auction or, when available, during the auction. Access to Live Auction Webcasts is only open to Bidder Users who have registered and been approved.
Communication. Communication of “Autobids” Live Auction Webcasts) and “Maximum Bids” (Timed Auctions) to the realtor/property owner/landlord/auctioneer using i-RENTBID LLC Autobid functionality (together the “Automatic Bid”). The Automatic Bid is the highest amount the Bidder User is willing to bid on a specific rental property. Automatic Bids are executed on behalf of the Bidder User during the auction at the lowest possible amount.
To interact with certain features of the Site, you may be required to register. You will receive a password and account designation upon completing the Service’s registration process. You agree to: (a) provide true, accurate, current and complete information about yourself as prompted by the Service’s registration form (such information being the “Registration Data”) and (b) maintain and promptly update the Registration Data to keep it true, accurate, current and complete. RENTBID LLC has the right to suspend or terminate your account and refuse any and all current or future use of the Services (or any portion thereof) at its sole discretion. You are responsible for maintaining the confidentiality of the password and account, and are fully responsible for all activities that occur under your password or account. You agree to immediately notify the organization for which RENTBID LLC of any unauthorized use of your password or account or any other breach of security. We strongly suggest that you exit from your account at the end of each session. RENTBID LLC will not be liable for any loss or damage arising from your use or inability to use this service.
Use of the Services shall apply on an auction-by-auction basis, although a Realtor/property owner/landlord/auctioneer may (in its absolute discretion) grant approval for a Bidder User to participate in more than one auction.
RENTBID LLC does not charge Bidder Users for accessing the Website, the Realtor/property owner/landlord/auctioneer site (if applicable) for use of the Services.
However, The Realtor/property owner/landlord/auctioneer may charge Bidder Users in respect of auction bids or otherwise through commission payments or other charges. The Realtor/property owner/landlord/auctioneer may also take a specified amount(s) as a deposit directly from a Bidder User when the Bidder User signs-up for an auction. The Bidder User acknowledges that the Realtor/property owner/landlord/auctioneer may, from time to time, require further deposit amounts directly from the Bidder User where:
(a) the Bidder User signs up for more than one auction; or
(b) the Realtor/property owner/landlord/auctioneer, at its sole discretion, requires further security from the Bidder User for any reason
The Realtor/property owner/landlord/auctioneer may use the Website or Realtor/property owner/landlord/auctioneer Site (if applicable) to:
(a) refund the Deposit(s) automatically after the auction if the Bidder User does not rent/lease a property through the Realtor/property owner/landlord/auctioneer;
(b) hold the Deposit(s) for future auctions; or
(b) hold the Deposit(s) for future auctions; or
(c) allow the Bidder User to use the Deposit(s) as part payment of the full purchase price of an item.
The Bidder User acknowledges that any charges, Deposit(s) or commission arrangements that the Realtor/property owner/landlord/auctioneer may make or require for the Services or in respect of an auction are a matter between the Bidder User and the Realtor/property owner/landlord/auctioneer and are not the responsibility of RENTBID LLC. It is the responsibility of the Bidder User to accept the Deposit(s) or commission arrangements before bidding or otherwise incurring any liability to the Realtor/property owner/landlord/auctioneer.
Payment, refunds and/or Deposit(s) due to or from the Bidder User may be processed via a third party payment processor or the Realtor/property owner/landlord/auctioneer may, at its sole discretion, arrange a refund of the Deposit(s) via any method.
RENTBID LLC may make such use of any information (including any personal data) arising from or in connection with or supplied by any Bidder User, as is necessary to provide for the effective provision of the Website, the Services, RENTBID LLC’s services provided through the Realtor/property owner/landlord/auctioneer Site, any databases made available through the Website and/or the Services from time to time, and as further provided in RENTBID LLC’s privacy policy referred to and linked to below
RENTBID LLC also collects certain personal data (including the Bidder User’s address, contact number and email address) from the Bidder User on behalf of the Realtor/property owner/landlord/auctioneers and the Bidder User agrees that RENTBID LLC is entitled to pass this information to the Realtor/property owner/landlord/auctioneer concerned.
The Bidder User acknowledges and agrees that RENTBID LLC has contracted a third party payment processor to manage the storage of Bidder User’s payment details and process payment as appropriate to enable payments to Realtor/property owner/landlord/auctioneers. Realtor/property owner/landlord/auctioneer can process payment, deposits and refunds via a third party payment processor. Such third party payment processors protect the security and confidentiality of the Bidder User’s information. In completing the bidder registration and providing debit/credit card details and unless alternative arrangements are agreed with the Realtor/property owner/landlord/auctioneer the Bidder User (i) authorizes the Realtor/property owner/landlord/auctioneer to charge the debit/credit card given in part or full payment, including all fees (including where such fees may lawfully be charged any re-listing fees), for items successfully purchased at auction via the Website (or the Realtor/property owner/landlord/auctioneer Site) should the Realtor/property owner/landlord/auctioneer wish to do so, and (ii) warrants and represents that they are authorized to provide these debit/credit card details through the Website (or the Realtor/property owner/landlord/auctioneer Site) and agrees that the Realtor/property owner/landlord/auctioneer is entitled to ship the goods to the card holder name and cardholder address provided in fulfillment of the sale.
The Bidder User will keep confidential any information received from RENTBID LLC in connection with the Services and will not use the information other than as necessary to access and use the Services as expressly contemplated by these Bidder Terms.
From time to time, a Realtor/property owner/landlord/auctioneer may use one of the following auction methods.
A Realtor/property owner/landlord/auctioneer may offer ‘Piecemeal Selling’ where a Bidder User bids on one lot consisting of multiple items. The Realtor/property owner/landlord/auctioneer calls the bid at the unit price of the items. If a Bidder User’s bid is successful, it acknowledges and agrees that it will pay the per unit price multiplied by the number of items in the lot.
Where the Bidder User’s bid is successful, the Realtor/property owner/landlord/auctioneer may offer the Bidder User the option to buy additional lots at the same price as the successful bid price. The Bidder User is able to choose how many additional consecutive lots to buy (subject to availability) but is unable to choose any combination of lots, only consecutive ones.
This option only relates to lots immediately succeeding the first lot of a series. The Bidder User acknowledges that the lots are not necessarily identical.
A Realtor/property owner/landlord/auctioneer may offer a group of lots to a Bidder User as one lot. Where the Realtor/property owner/landlord/auctioneer offers ‘grouping’ the purchase price payable by the Bidder User for the entire lot will be the price that the Bidder User bids on the lot. The Bidder User acknowledges and agrees that should it be successful when bidding on such a lot, it will be contracted to buy the entire group of lots in accordance with the Realtor/property owner/landlord/auctioneer Terms.
The lot prices in the methods detailed exclude buyer’s premium, VAT and any additional charges that may be charged by an Realtor/property owner/landlord/auctioneer and will be subject to the Realtor/property owner/landlord/auctioneer’s Terms governing each bid.
Information, data, news and other information contained in or on, or accessible or made available through, this Site is generated or provided by you or third parties and RENTBID LLC makes no representation or warranty of any kind whatsoever as to the accuracy, truthfulness, usefulness, timeliness or completeness of any of the content herein or accessible hereby in whole or in part. Further, any such information, data, news or other information accessible or made available through this Site may contain errors, defects or be unreliable, and RENTBID LLC makes no effort to review, check or verify any news, data, or other information accessible or made available through this Site. RENTBID LLC assumes no responsibility for the accuracy, truthfulness or usefulness of the data, information or other content on this Site or accessible through this Site, and RENTBID LLC shall have no responsibility to correct or update said data, information or content on this Site. You assume full and complete responsibility for checking and verifying any and all data, information, and content, including without limitation its usefulness, truthfulness, accuracy, completeness or currency. You are responsible for checking or verifying the accuracy, completeness, truthfulness, timeliness, usefulness and value to you to whatever extent you deem necessary, in reliance on other advisers, consultants, experts and resources you deem necessary and you shall indemnify and hold RENTBID LLC, its agents, employees, officers, directors, subsidiaries and affiliates harmless from and against any and all liability, loss, damage, claim, cost, expense, including without limitation attorneys and accountants’ fees and costs caused by, or arising out of or related directly or indirectly to your reliance on any content contained on this Site or accessible or made available through this Site.
The services, including without limitation all applications, information, data, features and all content, is offered and made available herein on an “as is,” “as available,” basis. In no event shall RENTBID LLC be liable to you, your company, employees, agents, third parties, associates, partners, members, guests or anyone else for any consequential, incidental, special, punitive or indirect damages of any kind whatsoever, including without limitation those resulting from loss or impairment of use, data, or profits, you or anyone else may incur relating to your use or access to this site, or the use or access hereto by anyone else, even if advised of the possibility of any such damages, and as a condition to use or access any such information, you expressly waive any and all claims you may have or assert against RENTBID LLC relating directly or indirectly to accessing or using or reliance upon any such information or data by you or anyone else. The term “damages’ as used herein includes without limitation any and all liability, loss, damage, injury, claim, founded or unfounded, expense, fee of any kind, including without limitation attorneys or accountants fees.
RENTBID LLC shall not be liable for any delay or nonperformance of these terms of use, or any term or provision hereof in whole or in part, caused by forces or factors beyond its reasonable control, including but not limited to wars, insurrections, rebellions, revolutions, civil wars, usurped power, action taken by government authority in hindering, combating or defending against such occurrence, or confiscation by order of any government or public authority, strikes, lockouts, labor disputes or disturbances, riots, authority of law, acts of god, severe weather, computer hardware or software problems of any kind or any other cause.
RENTBID LLCs makes no representation or warranty of any kind whatsoever regarding any content contained on this site, including without limitation service, news, data, information or content of any kind, of the usefulness, reliability, truthfulness, accuracy, timeliness or completeness to you or anyone else, including without limitation warranty of merchantability, warranty of fitness for particular purpose or use, warranty of non-infringement, warranty of title, or warranty of any kind.
RENTBID LLC makes no representation or warranty of any kind that this site or any content herein or available from other sites accessible hereby, including without limitation software or files accessible or made available for download here from, are free of or from technologically unstable files or characteristics, or bugs, viruses, errors, defects, problems, trojan horses, worms, other limitations or other codes or defects that may have contaminating or destructive properties or characteristics or adverse effects on your software or hardware. you assume all risks and responsibility for use or reliance upon this site or any information or data set forth herein.
If you are dissatisfied with this site, the services, or any feature, application or information herein or accessible herefrom, or any of the terms of use, privacy policy or operation of the site or any of its features, your sole remedy shall be to discontinue use of the site and its features.
If this limitiation of liability or exclusion of warranty is held inapplicable or unenforceable for any reason, then RENTBID LLC’s maximum liability for any type of damages shall be limited to U.S. $100.00.
You agree not to use the Services to:
A. Post, place, communicate, send, transmit, disseminate, distribute, forward, upload, reproduce, publish or republish, directly or indirectly (hereinafter referred to collectively as “Post or Transmit”) any information or content of any kind whatsoever, including without limitation data, articles, communications, advice, recommendations, reviews, opinions, news, programming, directories, guides, texts, graphics, photographs, illustrations, logos, audio clips, images, messages, statements, comments, language, software, programs, code, technology or any other content of any kind whatsoever in whatever form or medium (all referred to hereinafter collectively as “Content”), that is in any way i) unlawful or violates or could violate any local, state or federal law, rule, regulation, order, or decree, or gives rise to civil liability, or which encourages or advocates any of the above, or ii) that is offensive or violates the rights or sensibilities of other persons or entities, or iii) is otherwise objectionable or unacceptable to RENTBID LLC (all of the above hereinafter referred to as “Prohibited Content”), said Prohibited Content including without limitation Content which is libelous, defamatory, fraudulent, false, misleading, threatening, harassing, abusive, harmful, malicious, rude, hateful, racist, sexist, discriminatory, obscene, pornographic, profane, vulgar, indecent, crude, or objectionable in any way whatsoever;
B. Post or transmit any Content that discloses personal or private information about or concerning, or in any way invades the privacy, publicity or proprietary rights of, any person including without limitation a Customer or User of the Site;
C. Post or transmit any Content that contains or may contain or result in the posting or transmitting of Content that contains or may contain any destructive, disruptive, corrupting, contaminating, or harmful quality, component or feature, including without limitation any virus, worm, cancel bolt, or Trojan Horse;
D. Post or transmit any content that violates or infringes upon, or may violate or infringe upon, the rights or interests of RENTBID LLC, the Site, Customers, Representatives, Members, Visitors, Users or others, including without limitation posting or transmitting without due authorization copyrighted or otherwise protected text, images, property, programs, trade secrets, confidential or proprietary information, intellectual property, or trademarks or service marks;
E. Post or transmit any solicitation, request, or petition for any vote, political action, chain letter, pyramid scheme or arrangement, investment opportunity, or sale of security;
F. Post or transmit any advertising, promotional information, commercial solicitation, “spamming,” “flooding,” or content that contains advertising, or exploits any content for a commercial purpose, or sell or offer for sale, rent, lease, or any commercial purpose, any content;
G. Post or Transmit Content containing any request or opportunity to participate in contests, or sweepstakes;
H. Impersonate or misrepresent in any way your affiliation with any other person or entity, including without limitation RENTBID LLC or that any Customer, Representative, Visitor or user, or company or employer or affiliate of a Customer, Representative, Visitor or user, or that any Content Posted or Transmitted by you is endorsed or approved by RENTBID LLC.
As a condition of your use of the Site, you warrant that you will not use the Site for any purpose that is unlawful or prohibited by these terms, conditions, and notices. You may not use the Site in any manner that could damage, disable, overburden, or impair the Site or interfere with any other party’s use and enjoyment of the Site. Unauthorized attempts to upload or change information on this Service are strictly prohibited and may be punishable under the Computer Fraud and Abuse Act of 1986.
This Site may contain links to other Internet sites, and without limiting the above, RENTBID LLC does not endorse, vouch for or approve such sites or the content contained therein and is not responsible or liable for said content. You link to other sites at your own risk. Once you link to another site, you are subject to the privacy policy of the new site.
This Site is owned and controlled by RENTBID LLC from its offices at Naperville, Illinois. RENTBID LLC is the Internet Software Provider for the organization which is responsible for the content on this Site. It can be accessed on the Internet from all 50 states, as well as other countries around the world. As each of these places and jurisdictions has laws that may differ from those of Illinois, by accessing this Site, both you and RENTBID LLC agree that these Terms of Use shall be deemed and treated as though they were entered into, executed, and performed solely in Will County, Illinois, and the statutes and laws of the State of Illinois, without regard for conflict of law rules thereof, apply to all matters relating to use of this Site and shall without limitation govern these Terms of Use. You agree that by use of this Site you do hereby submit to jurisdiction of the courts of Illinois with appropriate subject matter jurisdiction and that any conflict brought or filed with respect to use of this Site or concerning the Terms of Use shall be brought in a court of competent jurisdiction in Will County, Illinois. In any legal action relating to enforcement or breach of these Terms of Use, the prevailing party shall be entitled to recovery of costs, fees and expenses of such action, including without limitation attorney fees and accounting fees. A printed copy of these Terms of Use or part thereof as modified in accordance with the terms hereof from time to time shall be deemed admissible in any court of law or administrative proceeding and shall be deemed the original and the best evidence of the intentions of the parties with respect to use of this Site.
These Terms of Use shall be interpreted according to their fair meaning and shall not be interpreted strictly against or for either party. These Terms of Use constitute the entire agreement with respect to the subject matter hereof and supersede all prior or contemporaneous communications and proposals, whether, electronic, oral or written, between RENTBID LLC and the user of this Site. Headings used herein are for convenience only and shall not limit, control or add to the meaning of any term, provision or condition. You may not transfer any rights or obligations you may have under these Terms Of Use without the prior written consent of RENTBID LLC RENTBID LLC reserves the right to transfer these Terms Of Use or any right or obligation under these Terms Of Use without your consent. Use of the plural herein shall include the singular and use of the singular shall include the plural.
To the fullest extent permitted by applicable law, these Terms of Use and any other agreements, notices or other communications regarding your use of the Services (“Communications”), may be provided to you electronically and you agree to receive all Communications from RENTBID LLC in electronic form. Communications may be posted on the pages within the Site and/or delivered to your e-mail address. You may print a copy of any Communications and retain it for your records. All Communications in either electronic or paper format will be considered to be in “writing,” and to have been received no later than five (5) business days after posting or dissemination, whether or not you have received or retrieved the Communication. RENTBID LLC reserves the right but assumes no obligation to provide Communications in paper format. Your continued use of the Services is your consent to receive Communications electronically. If you revoke your consent to receive Communications electronically, RENTBID LLC will terminate your right to use the Services.
RENTBID LLC may at any time assign, transfer, charge or deal in any other manner with this agreement or any of its rights under it.
If you have any questions about the Terms of Use, the practices of this Site, or your dealings with this Site, you may contact: info@Rentorbid.com.