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Terms and Conditions at The Canterbury
Auction Galleries
Third Party Liability. Every person
on The Canterbury Auction Galleries’ premises at any time shall be deemed to
be there at his own risk. He shall have no claim against The Canterbury Auction
Galleries in respect of any accident which may occur or injury, damage or loss
howsoever caused, save insofar as the injury, damage or loss shall be caused by
the direct negligence of The Auction Galleries Employees.
STANDARD CONDITIONS OF SALE
Definitions. In these Conditions The Canterbury
Auction Galleries, who act as Auctioneers and agents for the vendor, are
called "the Auctioneers", and the representative of The
Canterbury Auction Galleries conducting the auction is called "The
Auctioneer".
General. Whilst the Auctioneers make every effort to
ensure the accuracy of their catalogue and the description of any lot:
Each lot as set out in the catalogue or as divided or
combined with any other lot or lots is sold by the vendor with all
faults, imperfections and errors of description
The Auctioneers do not accept responsibility for the
authenticity, attribution, genuineness, origin, authorship, date, age
period, condition or quality of any lot, unless they have been instructed
in writing by the vendor so to certify, and in such cases the Auctioneers
do so as agents for the vendor and are not themselves responsible for such
claims.
All statements, whether printed in the catalogue or
made orally, as to any of the matters set out in (b) above are statements
of opinion only and are not to be taken as being or implying any
warranties or representations of fact by the Auctioneers, unless they have
been instructed in writing by the vendor so to certify, and in such case
the Auctioneers do so as agents of the vendor and are not themselves
responsible for such claims.
Any claim under any statute must be received in writing
by the Auctioneer within seven days of the day of sale.
The Auction
The Auctioneer has absolute discretion to divide any lot
to combine any two or more lots or to withdraw any lot or lots from the
sale, to refuse bids, regulate bidding or cancel the sale without in any
case giving any reason or without previous notice. He may bid on behalf of
the vendor for all goods which are being offered subject to reserve or at
the Auctioneer’s discretion.
The highest bidder shall be the buyer except in the case
of a dispute. If during the auction the Auctioneer considers that a dispute
has arisen he has absolute discretion to settle it or to re-offer the lot.
The Auctioneer may at his sole discretion determine the advances of bidding
or refuse a bid.
Each lot is put up for sale subject to any reserve price
placed by the vendor. Where there is no reserve price (but not otherwise)
the seller has the right to bid either personally or by any one person (who
may be the Auctioneer).
All conditions, notices, descriptions, statements and
other matters in the catalogue and elsewhere concerning any lot are subject
to any statements modifying or affecting the same made by the Auctioneer
from the rostrum prior to any bid being accepted for the lot.
Rescission. Notwithstanding any other terms of these
Conditions, if within 14 days after the sale the Auctioneers have received
from the buyer of any lot notice in writing that in his view the lot is a
deliberate forgery and within 21 days after such notification the buyer
returns the same to the Auctioneers in the same condition as the time of sale
and by producing evidence, the burden of proof to be upon the buyer, satisfies
the Auctioneers that considered in the light of the entry in the catalogue the
lot is a deliberate forgery, then the sale of the lot will be rescinded and
the purchase price of the same refunded. In the event of a dispute then the
matter shall be settled by arbitration, the arbitrator to be nominated by the
President of the Royal Institution of Chartered Surveyors. Both the buyer and
the vendor agree to by bound by the decision.
Default. The Auctioneers disclaim responsibility for
default by either the buyer or the vendor because they act as agents for the
vendor only and therefore do not pay out to the vendor until payment is
received from the buyer. Instructions given by telephone are accepted at the
sender’s risk and must be confirmed in writing forthwith.
In the event of a sale by private treaty both the vendor
and the buyer agree to be bound by the Auctioneers Conditions of Sale.
VENDORS CONDITIONS
Instructions. As the Canterbury Auction Galleries are
Auctioneers, all goods delivered to their premises will be deemed to be
delivered for sale by auction unless otherwise stated in writing and will be
catalogued and sold at the Auctioneer’s discretion and accepted by the
Auctioneers subject to all the Sale Conditions. By delivering the goods to
the Auctioneers for inclusion in their auction sales each vendor
acknowledges that he or she has accepted and agreed to be bound by all these
Conditions.
Collections. The Auctioneers do not themselves
usually undertake the collection of goods but will, if required in writing,
instruct a contractor on the vendor’s behalf in their capacity as agents.
The Auctioneers disclaim all responsibility for loss or damage to goods or
for unauthorised removal of goods and for damage to premises caused by the
contractor who should be insured for such risks. Unless instructions are
received to the contrary the charge for these services will be deducted from
the proceeds of sale.
Loss or Damage. The Auctioneers disclaim all
responsibility for loss or damage to goods or for unauthorised removal of
goods unless caused by the direct negligence of their employees.
Storage. The Auctioneers reserve the right to store
or arrange for the storage of goods delivered to them for sale either on
their own premises or elsewhere at their sole discretion. They exempt
themselves from any liability from loss or damage to goods delivered to them
without sufficient sale instructions and reserve the right to make a minimum
storage charge at 50p per lot per day for such goods (unless the loss or
damage is caused by the negligence of their employees).
Right to Sell. Vendors will be charged for goods left
on the premises if the vendor has been requested to remove them and if the
goods are not removed within seven days of such request the Auctioneers
reserve the right to sell the goods to defray costs and storage charges.
Insurance.
Unless otherwise instructed in writing all goods on the
Auctioneers premises and in their custody will be held insured against the
risks of fire, theft following forcible entry and water damage (but not
against accidental breakage or damage) for which insurance is included in
the Vendor Commission Rate. The value of the goods so
covered shall be gross amount realised, or in the case of unsold lots the
best bid, or in the case of goods withdrawn prior to a sale the reserve
price or where there is no reserve that which the Auctioneers shall in
their absolute discretion estimate to be the auction value of such goods.
The Auctioneers shall not be responsible for damage to
or the loss, theft or destruction of any goods not so insured upon the
owner’s written instructions.
The Auctioneers shall not be responsible for accidental
breakage, loss or damage howsoever caused unless directly caused by
negligence of their employees.
In respect of any article delivered to the Auctioneers
if the vendor has in force a policy or policies of Insurance in which the
article is specifically mentioned as being insured, whether or not for an
agreed sum or value, the vendor shall notify his insurers of and shall
himself note the Auctioneers interest as bailees in such policy or
policies.
Reserves.
All goods are put up for sale WITHOUT RESERVE at the
Auctioneer’s discretion unless written instructions as to reserves are
received by the Auctioneers prior to the commencement of the sale.
In the event of any reserve price not being reached at
auction the Auctioneers are empowered to sell after the auction by private
treaty, at not less than the reserve price, as long as the goods remain on
their premises. In the event of such a sale by private treaty the
Conditions of Sale applicable to a buyer governing the auction will apply.
Indemnity. The vendor shall duly indemnify the
Auctioneers against any claims in connection with any goods sold by them on
the vendor’s behalf.
Value Added Tax. A vendor who sends for sale by
auction any chattel(s) which is an asset of his business must disclose to
the Auctioneers whether or not he is a registered person for Value Added Tax
purposes and, if so, his registered number and whether or not he intends to
operate the special scheme covering works of art, etc. This information must
be supplied to the Auctioneer on or prior to delivery of the goods.
The Vendor authorises the Auctioneers to deduct
commission and expenses at the stated rates from the hammer price and
acknowledges the Auctioneers right to retain any premium payable by the
purchasers.
Rights to Photographs and Illustrations. The vendor
gives the Auctioneers full and absolute right to photograph and illustrate
any lot placed in its hands for sale and to use such photographs and
illustrations and any photographs provided by the vendor at any time at its
absolute discretion (whether or not in connection with the auction).
BUYERS CONDITIONS
Inspection. Each buyer, by making a bid for a lot,
acknowledges that he has satisfied himself fully before bidding by
inspection or otherwise as to all the Sale Conditions, the physical
condition of and description of the lot, including but not restricted to
whether the lot is damaged or has been repaired or restored.
Property and Risk. Legal title will not pass to the
buyer until the lot(s) has been paid for in full and the Auctioneers shall
be entitled to a lien on any lot sold until the purchase price (as defined
in 22 below) is paid in full but each lot is at the sole risk of the buyer
from the fall of the hammer. Each buyer shall forthwith give his full name
and permanent address and if called upon to do so by the Auctioneers shall
forthwith pay such proportion of the purchase price as the Auctioneers may
require. If the buyer fails to do so, the lot may at the Auctioneer’s sole
discretion be put up again and re-sold.
Every bidder shall be deemed to act as principal unless
there is in force a written acknowledgement by the Auctioneers that he acts
as agent on behalf of a named principal.
Removal of Goods.
No purchase shall be claimed or removed until it has
been paid for and the sale has been concluded. All purchases shall be paid
for and removed at the buyer’s risk and expense by mid-day on the day
after the sale, failing which the Auctioneer shall not be responsible if
the same are lost, stolen, damaged or destroyed, and all lots not so
removed shall remain at the risk of the buyer and subject to a minimum
warehousing charge of 50p per lot per day. If they are not paid for and
removed within seven days of the sale the Auctioneer may re-sell them by
auction or privately without notice to the buyer. Any liability which
there may be on the part of the Auctioneer in respect of any loss shall be
restricted to a maximum of the price paid by the buyer of the lot.
In the event of any failure of the buyers to comply
with any of the above conditions the damages recoverable by the seller or
the Auctioneers from the defaulter shall include any loss arising on an
re-sale of the lot, together with the charges and expenses in respect of
both sales, and together with interest at 2% above National Westminster
Bank PLC Base Rate upon the price of any lot which has not been paid for
within 48 hours of the sale, and any money deposited in part payment shall
be held by the Auctioneers on account of any liability of the defaulter to
them or to the seller. The Auctioneers are unable to accept payment from
successful bidders other than in cash or by the bidder’s own cheque.
Cheques drawn by third parties, whether in the Auctioneers’ favour or
requiring endorsement, cannot be accepted.
Purchase Price. The purchaser shall pay the hammer
price together with a premium of 15% + V.A.T. of the hammer price.
The premium is payable by all purchasers.
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EXPORT LICENCES
An Export Licence is required for certain items leaving the
United Kingdom. The obtaining of a relevant Licence is the responsibility of the
buyer.
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