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Description of Service : PatentAuction.com provides patent holders with the opportunity to have their patented inventions listed on the website "https://www.patentauction.com" in order to offer it for sale or for license. PatentAuction.com provides potential buyers with the opportunity to make offers regarding the patents displayed on the PatentAuction.com.
Conditions of Service : The Service is completely FREE. PatentAuction.com will not charge anybody for the Service. The Service is also NON-EXCLUSIVE, which means that you are totally free to promote and sell your patent outside PatentAuction.com. THE SERVICE IS PROVIDED "AS IS" WITH NO WARRANTY OF ANY KIND AND YOU USE THE SERVICE AT YOUR OWN RISK.
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Negotiation and Agreements between users : Although PatentAuction.com is referred to as a free patent auction web site, PatentAuction.com is not a traditional "auctioneer." Instead, PatentAuction.com acts as a venue to allow anyone to offer, sell, and buy. The Service does not include help in the negotiation or in the conclusion of agreements between users. Users are responsible for honouring agreements made with third parties. PatentAuction.com is thus not involved in the actual transaction between buyers and sellers. As a result, PatentAuction.com has no control over the quality, safety or legality of the items advertised, the truth or accuracy of the listings, the ability of sellers to sell items or the ability of buyers to pay for items. PatentAuction.com cannot ensure that a buyer or seller will actually complete a transaction.
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