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Definitions When the following words are used in this Buyer's Guide, they mean: Auction A live sale by auction hosted by Propstore Bidder Any person, properly registered and approved by Propstore to participate in an Auction who makes or considers making a bid to buy a Lot at Auction Buyer The person or Company making the highest bid or offer for a Lot accepted by the auctioneer, including a principal bidding as agent Buyer's Expenses A fee of 5% of the Hammer Price charged to the Buyer for a Lot won on any bidding platform other than propstoreauction.com Buyer's Guide Propstore's Buyer's Guide, from time to time as may be amended, a copy of which appears in the catalog for the Auction and online at www.propstore.com Buyer's Premium A commission of 26% of the Hammer Price charged to the Buyer for a Lot Company Any partnership, corporation, limited liability company, association, or any other business entity duly organized and qualified to conduct business under the laws of its state of formation Credit Card / Debit Card Fee A fee of 2.5% of the Purchase Price applied to any orders paid via credit card or debit card Cryptocurrency Cryptocurrency means the virtual or digital currency accepted by Propstore as payment, using our chosen payment processor