Legal

Terms & Conditions

These Terms & Conditions govern your use of Bidyear.com and all land auctions listed on the platform. By registering or placing a bid, you agree to these terms and any auction-specific conditions published by the seller.

Secure payments

Stripe & PayPal checkout with vaulted cards and invoice records.

Binding bids

Winning bids form a contract subject to seller terms and reserves.

SMS program

OTP and security texts. Reply STOP to opt out anytime.

Due diligence

Review surveys, zoning, and disclosures before you bid.

Last updated: July 15, 2026

Bid Deposit

When you register to bid or accept lot terms, Bidyear may place a $1 authorization on your saved payment method to verify that your card is valid. This is not a purchase charge; it confirms you can complete payment if you win.

To place a bid on Bidyear, you must have a valid credit or debit card on file. We use Stripe, a leading payment processor, to securely verify your card.

Stripe encrypts your payment information using industry-standard security measures. Bidyear never sees, stores, or has access to your full credit card number, CVV, or other sensitive card details. We only receive a secure token from Stripe that confirms the card is valid and allows us to process payments or fees if required (such as a non-performance fee if you win an auction and do not complete the purchase).

You can browse all lots and auctions without adding a card. A verified card is only required when you are ready to place a bid.

Good to know The $1 hold is an authorization only. It may appear on your statement briefly and is released automatically if you do not win.

After the Auction

Closing steps differ by asset type and seller. Government surplus sales may require additional compliance, deed recording timelines, or agency approvals. Private land sales typically proceed through contract, title, and settlement milestones shown in your invoice and lot closing workspace.

Winners receive an invoice with payment deadlines. Failure to pay on time may result in forfeiture of deposits and account restrictions.

Non-Performance Fee Policy

Bidyear requires a verified credit card before you can place a bid. You may still browse lots and auctions without a card on file — verification is only required when you are ready to bid.

If you are the winning bidder and you do not complete the purchase according to the auction terms, invoice deadlines, and seller requirements, Bidyear may charge a non-performance fee to the card on file. The standard buyer non-performance fee is $250 (or the amount published in current platform settings).

Non-performance typically includes failing to pay the invoice by the stated deadline, refusing to provide information the seller reasonably requires to close, abandoning the transaction without an approved release, or otherwise breaching the binding bid contract after the hammer falls.

If a seller does not perform or fails to complete a real estate transaction after a winning bid, Bidyear may charge the seller a $295 real estate transaction fee, withhold payouts, and freeze the seller account for up to 60 days while the matter is resolved.

Refunds, chargebacks, and disputes follow the policies published on each invoice and in these Terms. Bidyear may also suspend or restrict bidding privileges on accounts that repeatedly fail to complete purchases.

Browsing stays free You can always browse lots and auctions without providing a verified credit card. A verified credit card is only required to place a bid.

Card on file: A verified card authorizes Bidyear to collect the non-performance fee if you win and do not complete the purchase as required.
Buyer fee amount: The default buyer non-performance fee is $250 unless a different amount is shown on the auction or invoice.
Deadlines matter: Payment and document deadlines on your winning invoice are binding. Contact support immediately if you need clarification before a deadline passes.
Fair dealing: This policy protects serious sellers and bidders and helps keep Bidyear auctions reliable for everyone.

Bidding Terms

By placing a bid you enter a binding contract to purchase the parcel if you are the high bidder when the auction closes, subject to seller confirmation and any stated reserves.

1) Fees and Payment: Buyer premiums, taxes, and accepted payment methods are displayed on each auction page. Payment deadlines apply after the hammer falls.
2) Termination and Cancellation: Bidyear may suspend accounts that violate bidding rules, engage in shill bidding, or fail to complete purchases.
3) Liability and Indemnification: Parcels are sold as-is unless otherwise stated. Buyers must perform due diligence using surveys, photos, and disclosures provided.
4) Governing Law: Platform disputes are handled under applicable law in the seller's stated jurisdiction unless otherwise specified in auction terms.

Buying on Bidyear

Review each auction's terms, acreage, zoning, and access easements before bidding. Registration constitutes acceptance of these platform terms and the seller's lot-specific conditions.

Selling on Bidyear

Sellers must provide accurate parcel descriptions, honor winning bids, and cooperate with title transfer. Bidyear may charge listing fees or commissions as shown on the Pricing page.

SMS / Text Messaging

By giving Bidyear your mobile number and opting in to texts, you agree to receive recurring SMS/MMS from Bidyear (including messages sent with automated technology) at that number. These SMS Terms are part of our Terms & Conditions. Consent to SMS is not required to buy land or other goods on Bidyear.

You can opt in on bidyear.com (consent checkbox or disclosure) or when you verify your phone in your account. We send one-time passwords (OTP), verification codes, identity confirmation, and security or account alerts. How often you get messages depends on your activity.

Message and data rates may apply from your carrier. Bidyear does not control carrier charges. The program is for U.S. numbers on participating carriers. You must be 18+, own or be authorized to use the number, and tell us if you change or give up that number.

Carriers (such as AT&T, T-Mobile, Verizon, and others) are not liable for delayed or undelivered messages. Delivery depends on your network and device. We may change or end the SMS program at any time, and may remove a number from the program when needed.

How we handle SMS data is described in our Privacy Policy. Do not enroll a number you are not allowed to use. You agree to cover claims that arise if you breach these SMS Terms or misuse the program.

STOP

Reply STOP to any Bidyear text to cancel. We will confirm and stop further program messages unless you opt in again.

HELP

Reply HELP for assistance, or email info@bidyear.com.

Rates

Message frequency varies. Message and data rates may apply — check your carrier plan.

Opt in: Website form with SMS consent, or phone verification during account setup.
What we send: OTP and verification texts, identity checks, and security alerts — not third-party marketing sold via your number.
Contact: Questions? Email info@bidyear.com.