Terms & Conditions

Terms and Conditions

 

Preliminary:

By confirming a payment according to an invoice issued by closeoutrader.com, it is understood that the following terms and conditions have been read, comprehended, and accepted by all parties involved.

 

Product Information:

closeoutrader.com deals in stock lots which include designer items, brand name/private fashion-related items, general merchandise, and consumer electronics and many other categories. These may consist of overstocks, surplus inventories, canceled orders, excess inventories, end-of-series, and seasonal orders from both current and previous year collections.

 

Authenticity and Distribution:

All merchandise is authentic and legitimately distributed by authorized US-based sellers, with appropriate documentation available to substantiate origins.

 

Intellectual Property:

All brand names and trademarks listed on our website and in our newsletters are the property of their respective owners. closeoutrader.com is neither an authorized dealer nor an affiliated wholesaler nor an agent of any of these companies. Images featured on closeoutrader.com are provided by relevant parties and are not owned by closeoutrader.com.

 

Sales and Transaction Terms:

Goods are sold "as is". All details regarding the transaction will be thoroughly communicated and agreed upon between the seller and the buyer within the marketplace facilitated by closeoutrader.com. Once an invoice is issued, the buyer must review all details and ensure understanding and agreement with all terms and conditions before proceeding with payment.

 

Payment:

Orders must be paid for within 48 hours of confirmation to avoid cancellation.

 

Returns and Exchanges:

Merchandise cannot be returned or exchanged unless the reason for return is due to an error by closeoutrader.com, such as incorrect item, color, or size.

 

Claims:

All claims must be made within 5 business days from the delivery date. Buyers are required to fill out a claim form and provide detailed photo, videos and other requested information as proof for any damaged goods. Claims made after 5 business days from the delivery date will not be accepted.

 

Restrictions:

Certain offers are restricted by area, based on Trademark Law, and cannot be sold in specific parts of the world. Special conditions will be noted in such cases.

 

Dispute Resolution:

Both closeoutrader.com and the buyer agree to exert all efforts to resolve any legal situations in a friendly and good faith manner. Only the courts of Los Angeles, CA will have jurisdiction to arbitrate any legal issues not resolved amicably.

 

These terms are designed to ensure a clear understanding and to safeguard all transactions and interactions on closeoutrader.com.