Terms of Sale

IN ACCEPTING THIS MATERIAL THE BUYER AGREES TO THE FOLLOWING:

RETURNED MATERIALS:
All material returned for credit must be accompanied by this ticket. Credit shall be granted only on materials returned in full bundles, cartons, and standard sizes. All material must be in good condition. Returns are subject to handling charges. In addition, all returns are subject to the terms and conditions of our return policy, which can be found at:
http://bit.ly/41LumberReturnPolicy

DISCLAIMER OF WARRANTY & LIMITATIONS:
The Hamar Quandt Co. d/b/a 41 Lumber DOES NOT WARRANT OR GUARANTEE THE MERCHANTABILITY nor the suitability of any product for any particular purpose. NO WARRANTIES OR GUARANTEES ARE EXPRESSED OR IMPLIED BY THE HAMAR QUANDT CO. d/b/a 41 Lumber. ALL IMPLIED WARRANTIES ARE DISCLAIMED.

Actual measurements of lumber and plywood items are nominal industry standards.

QUOTE/ESTIMATE:
We will furnish the listed material, for the dollar amounts shown on the reverse side, picked up at our warehouse, unless other delivery arrangements are made. Please examine the quotation carefully, as we agree to furnish only the articles mentioned thereon. Errors in extensions and footings are subject to correction. The quote is valid for seven (7) days, unless otherwise noted.

CASH/C.O.D. PURCHASES:
Cash or C.O.D. purchases covered by this invoice are to be paid in full prior to or upon receipt of this material.

CHARGE PURCHASES:
Charge purchases covered by this invoice are due in full on or before the due date or are in default. Seller retains a security interest in all materials furnished to secure payment of the purchase price.

CONSUMER CREDIT:
If you are an approved CONSUMER CREDIT APPLICANT, the following payment terms apply to you: Buyer agrees to pay in full all charges by the tenth (10th) day of the month following purchase. On all amounts more than five (5) days past due, seller shall be entitled to levy a service charge of 1.7% per month (20.4% ANNUAL PERCENTAGE RATE) or the maximum service charge allowed to be assessed under the laws of the State of Michigan, whichever is lesser, on all past due amounts. Buyer acknowledges that the service charge represents a time-price differential which constitutes a part of the price.

COMMERCIAL CREDIT:
If you are an approved COMMERCIAL CREDIT APPLICANT, the following payment terms apply to you: Buyer agrees to pay in full all charges by the tenth (10th) day of the month following purchase. On all amounts more than five (5) days past due, seller shall be entitled to levy a service charge of 2% per month or the maximum service charge allowed to be assessed under the laws of the State of Michigan, whichever is lesser, on all past due amounts. Buyer acknowledges that the service charge represents a time-price differential which constitutes a part of the price.

COLLECTION:
If you fail to pay an account on the due date you will be responsible for all collection costs, including seller's actual attorney fees.

MICHIGAN CONSTRUCTION LIEN ACT NOTICE:
A residential builder or residential maintenance and alteration contractor is required to be licensed under Act #383 of the Public Acts of 1965, as amended; Section 338.1501 to 338.1519 of Michigan Compiled Laws.

An electrician is required to be licensed under Act #217 of the Public Acts of 1956, as amended; Section 338.881 to 338.892 of Michigan Compiled Laws.

A plumber is required to be licensed under Act #266 of Public Acts of 1929, as amended; Section 338.901 to 338.907 of Michigan Compiled Laws.