If the Purchaser fails to do so, the lot may at the Auctioneer's discretion be put up again and re-sold.ĩ. Each Purchaser shall forthwith give upon request his full names and permanent address and if called upon to do so by the Auctioneer shall forthwith pay Railtons such proportion of the purchase price as the Auctioneer may require. However legal title shall not pass to the Purchaser until the lot(s) have been paid for, the price being the hammer price plus Buyer's Premium.Ĩ. Each lot is at the sole risk of the Purchaser from the fall of the hammer. Each purchaser by making a bid for a lot acknowledges that he has satisfied himself fully before bidding by inspection or otherwise as to all of 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.ħ. 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 specifically instructed to do so by the Vendor in writing so to certify, and in such cases the Auctioneers do so as Agents of the Vendor and are not themselves responsible for such claims.Ħ. 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.ĥ. 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 prior to any bid being accepted for the lot.Ĥ. He may bid on behalf of the Vendor for all goods which are being offered subject to the reserve or at the Auctioneer's discretion.ģ. 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 a reason or without previous notice. If during the sale the Auctioneer considers that a dispute has arisen, he has absolute discretion to settle it or to re-offer the lot.Ģ.
The highest bidder shall be the purchaser except in the case of a dispute. "Please note that any lots purchased via live auction service will be subject to an additional 5% commission charge at the rate imposed on the hammer price"ġ. I agree that the bids are made in accordance with the Conditions of Sale, and I also accept responsibility for any Lot(s) purchased by me at the fall of the hammer.
I understand that if any bid is successful, the total price payable is the sum of the final bid and a premium of 20% of the final bid, plus VAT payable on the premium. These bids are to be executed as cheaply as is permitted by other bids or reserves. I hereby request Railtons, without legal obligation of any kind on their part, to bid for the undermentioned lots up to the price stated.
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