OpenLot Cashback Terms and Conditions

Last modified: March 1, 2021

  1. These Terms and Conditions apply to OpenLot.com.au’s Cashback” offer (“Offer”). By participating, all claimants agree to be bound by these Terms and Conditions.
     
  2. The Offer is brought to you by OpenLot.com.au Pty Ltd (ABN 96 643 007 783) (“OpenLot.com.au”).
     
  3. Eligibility for the buyer cashback reward (“Cashback Reward”) only extends to buyers who enter an unconditional contract to purchase in a participating estate after first enquiring for that estate via OpenLot.com.au (“Eligible Buyer”).
     
  4. The Cashback Reward is applicable if an Eligible Buyer completes an unconditional contract on the participating estate within 1 month from the time of the initial enquiry (“Qualifying Contract”).
     
  5. OpenLot.com.au reserves the right to make determinations in relation to cashback reward availability, satisfaction of the conditions for Eligible Buyers and Qualifying Contracts, including validating the conditions for Qualifying Contracts with the estate owner.
     
  6. Upon OpenLot.com.au’s validation of the requirement for payment of the Cashback Reward, the Cashback Reward will be transferred into the nominated bank account within a reasonable period of time from such validation.
     
  7. A limit of one Cashback Reward applies per Qualifying Contract.
     
  8. OpenLot.com.au reserves the right to withdraw or substitute all or part of this Offer with another offer of equal or greater value at OpenLot.com.au’s sole discretion.  Eligible Buyers will not be entitled to any additional compensation in the event that the Offer or an element of an offer has been substituted at equal or greater value.
     
  9. Proof of eligibility may be required at the discretion of OpenLot.com.au. In the event that suitable proof cannot be provided by the applicant, then OpenLot.com.au may decline to pay the award in its discretion.
     
  10. OpenLot.com.au reserves the right to disqualify any persons that provides false information or who seeks to gain an unfair advantage or to manipulate this Offer.
     
  11. OpenLot.com.au reserves the right to amend, cancel or suspend this Offer at any time and without notice, including, but not limited to, if an event beyond the control of OpenLot.com.au affects the administration security, fairness, integrity or proper conduct of this Offer.
     
  12. Any personal information that is collected in association with the Offer and/or an Cashback Reward is collected subject to the OpenLot.com.au Privacy Policy and participants agree to the use of their personal information in accordance with that Policy.
     
  13. Any tax liability arising as a result of accepting all or any part of the Cashback Reward is the responsibility of the Eligible Buyer or recipient of the Cashback Reward. 
     
  14. The Cashback Reward will only be electronically transferred into an Australian bank account upon the Eligible Buyer’s full satisfaction of these terms.
     
  15. To receive the Cashback Reward, the Eligible Buyer will be required to provide their Australian bank account name, BSB code and account number. OpenLot.com.au accepts no responsibility if the Eligible Buyer submits incorrect bank account information, and an Cashback Reward is paid to an incorrect bank account, then the Cashback Reward may be forfeited.