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Cancellation/Rescission of Online Only Auction: RMS will use reasonable efforts to avoid cancellation/rescission; however, RMS has the sole discretion to cancel/rescind the Online Only Auction and will not be liable to the Consignor for any losses or damages resulting from the cancellation/rescission if RMS believes the following events have occurred or have a reasonable probability of occurring:16.1. European and British Art - Online Auction. Although RMS endeavors to provide a safe, secure, and functioning Online Only Auction, RMS cannot guarantee the continuous operation of or access to the Online Only Auction or a Bidder’s ability to connect and navigate the Online Only Auction.23.3. Consumer Protection Rights. Payment. Services. Dez 2020. 13.3. Sotheby's London presents Royal and Noble - Online Auction on 1/14/2021 .
(clause 12 to 12.2.1 together “Twenty Day Window”)13. The World of Picasso: Including Works from the Collection of Marina Picasso, June 8-18, 2020. If RMS cancels the sale of the Lot(s) due to the obligations in clause 11.3 not being fulfilled, the Consignor will: 11.4.1. forfeit the Inspection Report Fee;11.4.2. pay RMS any and all other expenses incurred by RMS assigned to the Lot(s); and 11.4.3. will be responsible to pay RMS a 10% commission on the Lot(s) had the Lot(s) (a) met its reserve; or (b) if offered without reserve, then the Lot’s published low estimate; or (c) if no reserve and no published low estimate, then the Lot’s fair market value as determined by RMS. RM reserves the right to reject any bid. RM Sotheby’s (“RMS”) will be conducting an auction using RMS’ Online Only auction platform (“Online Only Auction”).1.2. No-Sale of Lot(s):15.1. Please ensure that you read and understand these Bidders’ Conditions of Business (“Conditions of Business”) prior to bidding on a motor car or any other lot (“Lot(s)”) at this or any other RM Auctions, Inc. (“RMA”) or RM Sotheby’s (“RMS”) auction (RMA and RMS together are “RM”). If the Lot(s) is not removed for one calendar year from the RM Removal Deadline and other arrangements have not been made, RM has the right to (i) auction the Lot(s), (ii) retain its standard Buyers’ Premium, Storage Fee, and other applicable expenses, and (iii) return the remaining payment to the Buyer.20. RM Sotheby’s hosted their first Online Only London auction with nearly 70 motorcars and a selection of mostly Ferrari automobilia on offer. RMS opines that physical damage to the Lot(s), which cannot be sufficiently repaired prior to the Online Only Auction, occurred after these Conditions was signed;17.3. You're outbid
Verbal bidding instructions will not be accepted. Departments. Across three sales; Ancient Sculpture & Works of Art, 19th and 20th Century Sculpture and Old Master Sculpture & Works of Art, Sotheby’s will present a selection of the finest sculptural works spanning centuries and continents. No Legal or Tax Advice: These Conditions are an important legal document. Sotheby’s sale of modern and contemporary African art, scheduled to take place in London … Translated Consignors’ Conditions of Business: If there is a contradiction due to translation in our Consignors’ Conditions of Business, please note that the English version of RMS’ Consignors’ Conditions of Business will supersede. 18.2. Are you registering as a company?
All bids on a Lot(s) will be via RM’s online only auction platform.17.2. In order to assist Bidders with this process, RM may provide information about the tax status of each Lot(s), as well as any ownership or registration papers that will be supplied with the respective Lot(s) (“Tax and Ownership Information”); however, this information is being provided merely to assist Bidders in their determination of their own tax and regulatory responsibilities. 6. Fees and charges vary from sale to sale, and for some countries, this is also determined by the value of the Lot(s).37.2. The Buyer is responsible for any applicable duty, import tariffs, charges, or any and all other required payments that are due upon the import of the Lot(s) to its final destination. The Consignor will be given an option to either (i) fix the issue at the quoted price with RMS recapping this quoted price from the Consignor’s proceeds of sale, provided there is reasonably sufficient time to fix such issue, OR (ii) leave the Lot(s) as is and market the Lot(s) with the issues disclosed. Other damages reasonably related to the Bidder’s non-payment.14. 26.1. 2.05 Acre(s) Marketed By United Kingdom … RMS makes no representation or warranty of the anticipated selling price of a Lot(s), and no estimate anywhere by RMS of the selling price of a Lot(s) may be relied upon as a prediction of the actual selling price. In connection with the auction, RM will have absolute discretion with regard to the Lot(s) or any RM auction as to (a) consulting any expert either before or after the sale, (b) researching provenance, (c) grouping and providing descriptions as may be appropriate, (d) marketing and promotion of the sale, and (e) any other services required to conduct the sale. If it is found that the alleged written statement (that would not have been reasonably found through the Bidder Due Diligence) materially decreases the value or functionality of the Lot(s), RM will work with the Buyer on behalf of the relevant Consignor to reach a solution.3.2.1. Government/court actions, orders, injunctions, regulations, laws, or non-compliance with applicable rules, regulations, or laws to hold the auction that necessitate a cancellation.16. The item you've selected was not added to your cart. When a Lot(s) is sold subject to a reserve, the auctioneer may bid on the Consignor’s behalf in an amount not to exceed the amount of the reserve.20.6. RM is not responsible for any errors or omissions in connection with the calling/displaying/accepting of bids.6.13. The Lot(s) cannot be released from RMS’ care until an option is executed.37.4. If RMS contributes to the Hammer Price to meet a reserve, the reserve for the respective Lot(s) becomes the Hammer Price plus RMS’ contribution for purposes of commissions.21. Contemporary Art | London - Online Auction. The reserve does not include commissions to RM. Customs charges will be levied appropriately depending on each individual scenario and will be payable directly to the relevant authorities, for which RMS will provide the details of as and when necessary.37.3. Anti-Money Laundering: The Consignor agrees to provide all information and assistance reasonably requested by RMS to comply with RMS’ internal anti-money laundering process and to comply with any and all anti-money laundering laws and regulations.34. Notwithstanding the preceding sentences, if RMS has paid any portion of the purchase price to the Consignor, but the purchase price has not been collected from the Buyer of the Lot(s), the Consignor hereby agrees, simultaneously with such payment, to assign to RMS any and all rights that the Consignor may have against such Buyers to the extent of such payment, whether at law, in equity, or under the Contractual Obligations. Current: {{item.CurrentBid}}
Services: RMS agrees to act as an agent for the Consignor and to provide Online Only Auction services, including but not limited to support staff, event advertising, and promotion. In order to facilitate and transfer the Title for the Lot(s), the Consignor agrees to sign the Power of Attorney attached to the Consignment Agreement package.8.5. Lot(s) not marked as “no reserve” (or similar) are subject to a reserve set by the Consignor. Lot Closed
Buyers’ Premium. Sotheby’s Livestreamed Paris-to-London Hybrid Sale Pulled in $90 Million, Led by a Picasso and Banksy’s Irreverent Twist on Monet Observers describe it as "painting by numbers" auction action. The Consignment Agreement package; for the avoidance of doubt, this is the fillable package containing the Consignor’s personal information and information regarding the Lot(s);1.4.3. 18.1.2. If the Consignor has not removed their Lot(s) from the storage facility within 6 months of the sale date, RMS has the right to enter the Lot(s) into an auction at no reserve or to sell it via private sale for fair market value.15.5.1. If for whatever reason RMS is forced to correct any Title defect, the Consignor agrees to first pay RMS a minimum fee of £500.00 and, if the Title defect costs more than £500.00 to correct, the Consignor agrees to pay for any and all additional reasonable expenses related to correcting such defect (“Title Fees”). Bidding throughout the sale was a result of 35% new bidders representing no less than 38 countries. RM is not responsible for the acts or omissions in our packing or shipping of purchased Lot(s) or of other carriers or packers of purchased Lot(s), whether or not recommended by RM. 17. If the sale is cancelled/rescinded due to non-payment, RM will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission. Taxes. Auction Estimates. Auction Details 54 lots. 29. In the event a new or replacement battery costs more than £200.00 (or the local currency equivalent), RMS will charge the actual cost of battery plus £200.00 if the battery is replaceable by an RMS employee. If there is a discrepancy, contradiction, or question of interpretation in a description for a Lot(s), online or otherwise, between the English version of the description and a version produced in a language other than English, the English version will supersede. Reserves. Sotheby's is the premier destination auctions and private sale of Contemporary, Modern & Impressionist, Old Master Paintings, Jewelry, Watches, Wine, Decorative Arts, Asian Art & more User
Purchase Price and applicable taxes;13.3.2. View information on collector car auction dates, schedule details, event info, how to register to bid, how to consign, or how to buy tickets for RM Sotheby's. Please ensure that you read and understand these Conditions of Business (“Conditions”) prior to consigning a Lot(s) at this or any other RMS sale.1.4. By agreeing to these Conditions of Business, you are agreeing to be bound by these Conditions of Business for both RMS and RMA auctions. Although RM endeavors to provide a safe, secure, and functioning auction, RM cannot guarantee the continuous operation of or access to the auction or a Bidder’s ability to connect and navigate the auction. Lot(s) subject to temporary importation restrictions cannot be discharged from RMS’ custody without the completion of customs procedures and until full payment has been received. For final purchases exceeding £5,000.00, all payments must be in the form of wire transfer unless other arrangements have been approved in advance. If the Buyer of a Lot(s) resides outside the United States, RM will use its best efforts to assist with the transfer of ownership; however, it is the responsibility of the Buyer to transfer ownership in compliance with their jurisdictional rules and regulations. Contact
Winterizing one or more of the Lot(s) means that the Consignor has completely filled and properly mixed, at a minimum, –20°F-rated antifreeze into their Lot’s radiator.29.2. RMS uses your personal information to provide services specifically tailored toward your requirements and to treat you in a personal way; to fulfill your agreements regarding the consignment and purchase of items at RMS auctions and private sales; to provide you with information on upcoming sales; to carry out analysis and market research; to undertake targeted online advertising; to send status updates and service communications; to improve our websites, products, and services; to provide payment services; and for management and administrative purposes. If so, input your company name: You haven't completed the registration, check your email for instructions. Please note that even if a Bidder has satisfied and/or met some or all of the Bidder Registration Requirements for previous RM auctions, all Bidders will be required to satisfy and/or meet the Bidder Registration Requirements for the auction specifically prior to being accepted to bid.6.4. 9. RMS auctions will have the following Buyers’ Premium:8.2.1. RM Sotheby’s hosted their first Online Only London auction with nearly 70 motorcars and a selection of mostly Ferrari automobilia on offer. Such functionality is subject to delays beyond RM’s control. RMS may unilaterally retain funds from the Buyer if the Consignor has breached the terms outlined in these Conditions.40. The global leader in the collector car industry. The Consignor agrees to indemnify, defend, and hold RMS harmless from any claims that may be made with respect to any Buyer alleged damages or liability, including but not limited to, travel expenses, repair expenses, and inspection expenses in any way related to actions taken in accordance with clause 12. Contemporary Art | London - Online Auction. View all auction details, and browse Sotheby's London lots on artnet. If RMS has reason to believe or is notified that the (i) Consignor’s breach of the Contractual Obligations, (ii) alleged breach of the Contractual Obligations, (iii) Consignor’s actions could potentially cause RMS liability, and/or (iv) Buyer raises concerns regarding the Lot(s) description within the Twenty Day Window (defined below) as outlined in clause 12 (“dispute”), RMS, at its sole discretion, may withhold payment to the Consignor until the dispute has been resolved; further, RMS may deduct any sums that are due to it from the sum held.7. Buyers of all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing, are required to pay RM a Buyers’ Premium of 20% on the Hammer Price of those particular lots.9. Estimates and Descriptions: Any pre-sale estimates are intended as guides for prospective Bidders. Bidders who exercises this right is responsible for any and all expenses associated with the Lot(s) including, but not limited to, transportation, duty, storage, insurance, and taxes.28.4. 05812660).28. Francis Bacon. The Consignor will hold RMS harmless and indemnify RMS from any damage or liability caused by the minor work performed by RMS’ staff on the Lot(s).14. These are provided for information purposes only and neither RM nor the Consignor provides any representations or warranties in regard to the lot subject to the Inspection Report. The space provided in the fillable section of the Lot ( s ) has been intentionally materially! 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