CONDITIONS OF SALE
1.The Highest bidder, subject to the Vendor’s reserve (if any), to be the purchaser, and if any dispute arises between two or more bidders, the Lot in dispute to be immediately put up again and resold.
2. The advance in the biddings to be regulated by the Auctioneers who are to be sole arbiters in any matter of dispute, and no person to retract bidding. The Auctioneers reserve the right to themselves of withdrawing from, consolidating or dividing any Lot or Lots, varying the order of sale, and of accepting or refusing the bidding of any person as they may think fit.
3. All Prospective purchasers must register at the Auctioneers Office prior to the commencement of the sale and have obtained a bidding number.
4. As this Auction is made on a condition of prompt payment, the purchase money is to be absolutely paid on or before the delivery of any Lot.
5. In the event of non-payment on the sale day, the Auctioneers shall reserve the right to charge 10% per month credit charge for any unpaid Lots.
6. The Auctioneers act as Agents only. Each Lot as set out in the catalogue, or as divided or joined with any Lot or Lots at the sale at the sole discretion of the Auctioneers, is sold with all faults, imperfections and errors of description and the Lots shall be at the purchasers risk immediately they are sold. Neither the Vendor, not the Auctioneers are responsible for the authenticity, attribution, genuineness, origin, authorship, date, age, period, condition or quality of any Lot. All statements in the catalogue as to any such matters are statements of opinion, and are not to be taken as, or as implying, statements or representatives of fact. Purchasers are deemed to have satisfied themselves by inspection or otherwise as to all such matters and as to the physical description of any Lot. Neither the Vendor nor the Auctioneers are responsible for any representation or warranty or any statement in catalogues.
7. Lots shall be paid for in full and taken away from the Auction room by the end of the Auction sale day, or by the Wednesday following the sale day, at the buyers own risk and expense, in default of which the Auctioneers shall not be responsible if the same are lost, stolen, damaged or destroyed. If after 7 days after the conclusion of the sale Lots are not cleared they may then be sold immediately either publicly or by private treaty, without notice being given to the buyer.
8. Every person whilst on the premise before, during or after the Sale shall be deemed to be there at their own risk, and no person shall make or have any claim against the Vendor or the Auctioneer in respect of any injury he may sustain, or accident which may happen.
9. Every person whilst on the premises will be held responsible for any damages they cause to the premise or to any Lots at any and all times.
10. A BUYERS PREMIUM of 18% plus VAT will be charged in addition to the hammer price on all Lots sold.
11. In the event of any failure of the buyers to comply with any of the above conditions, the damages recoverable from the defaulter shall include any loss arising on any resale of the Lot, together with the charges in respect of both sales, and any money deposited in part payment shall be held by the Auctioneers on account of any liability of the defaulter to them.
12. Every bidder will be deemed to act as principal unless there is a written agreement with the Auctioneers in force prior to the Auction that the bidder acts as agents on behalf of a named principal.