Legal

Terms of service.

1. Marketplace role

StockSalvage operates a venue connecting sellers of surplus industrial assets with buyers. We are not party to the underlying sale contract unless explicitly stated.

2. Listings & accuracy

Sellers warrant that listed lots are accurately described, lawfully owned, and free of undisclosed encumbrances. Material misrepresentation may result in removal and account suspension.

3. Bidding

All bids placed in live auctions are binding. Minimum bid increments are calculated as the greater of 5% of the current bid or USD 10.

4. Payment & settlement

Winning buyers must remit payment within 5 business days of award. StockSalvage may charge a buyer's premium and seller commission as published on the relevant lot page.

5. Logistics & inspection

Unless otherwise specified, lots are sold ex-works from the seller's location. Buyers are responsible for inspection, export documentation, and transport.

6. Disputes

Disputes are governed by the laws of the Republic of South Africa and subject to arbitration in Johannesburg, with cross-border matters resolved per applicable SADC trade protocols.

Last updated May 2026.