Conditions of Sale Affecting purchasers, vendors and others attending the sale premises.

 

1 Purchasers will be deemed:

a) To have inspected their lots prior to the sale;

b) To have accepted that lots are sold with all faults and imperfections specifically

mentioned or not irrespective of whether they bid in

person. by commission or through an agent.

 

2 All goods are second hand and sold without warranty

unless otherwise stated in the sale catalogue or by the

auctioneer from the rostrum Any implied warranty,

condition or other term is excluded except where to

do so would be unlawful

 

3 The auctioneers undertake that care has been taken to

see that catalogue descriptions are accurate and reliable

however these are matters of opinion only and shall not

be taken to be statements of fact.

 

4 The auctioneers act as agents to the vendor and shall

not incur liability to any purchaser for any statement,

representation or warranty as to title, quality or

otherwise of any lot made on behalf of and with the

vendor’s authority Likewise the auctioneers shall Incur

no liability to a purchaser arising from any defect in goods

sold save In the event of negligence on the part of the

auctioneers or their employees Any liability therefore

shall be a matter for dispute between purchaser and

vendor only

 

5 The auctioneers reserve on behalf of themselves and the

vendors the following rights:

a) To sell subject to a reserve price

b) To bid on behalf of a vendor and/or purchasers

c) To refuse any bid

d) To rearrange, consolidate, divide,

add or withdraw any lots or vary the order of the sale

e) To exclude any person from the premises if there be

good reason to do so.

 

6 The auctioneer shall regulate the bidding and shall

determine from time to time the appropriate increment

needed to advance the bidding.

 

7 The person making the highest accepted bid shall be

the purchaser as defined in these conditions.

 

8 If a dispute arises as to any bidding then at the discretion

of the auctioneer either

a) The lot to which the disputedbid relates shall immediately be put up again, or

b) The auctioneer shall determine the dispute and his decision

shall be final and binding on all parties


9 a) At the fall of the hammer the purchaser is required

to give his client number.

b) If. and as required by the auctioneer

at the fall of the hammer the purchaser shall also give his

address and/or the address of his principal and/or pay

to the auctioneer all or part of the purchase price plus VAT

and buyers’ premium.

c) Any such payment made at the

fall of the hammer may be treated, at the auctioneers’

discretion, as a general deposit against all purchases,

made by that purchaser on the day.

d) All lots must be paid for in cash, or in other manner acceptable to the

auctioneers, and removed from the premises by 4pm on the Monday following the sale and before delivery is given.

e) Failure by the purchaser to comply with sub clause

a) and b) shall entitle the auctioneer to cancel the sale and,

at his discretion, to immediately re-offer the lot in question

for sale by auction

f)The vendor authorises the auctioneer to deduct commission and expenses from the hammer price and to retain the premium payable by the purchaser.


10 No transfer of lots or sub-sale by any purchaser is

recognised by the auctioneers Purchasers shall remain

liable under these conditions in respect of their own

purchase under the hammer.


11 Private treaty sales shall be subject to these conditions

of sale where applicable.


12 All lots will be at the purchaser’s risk from the fall of

the hammer Purchasers are therefore advised to check that

they have adequate insurance cover.


13Every person on Auction Keynes premises at any time shall be deemed to be there at his/her own risk.  He/she shall have no claim against Auction Keynes, its employees or agents in respect of accident which may occur, or injury, damage or loss however caused, save in so far as the injury damage or loss shall be caused by the direct negligence of Auction Keynes employees.


14 All lots must be cleared from the sale premises at the

purchasers expense by the time stipulated or agreed by

the auctioneers.


15 a) If a purchaser fails to comply with any of the

preceding conditions the auctioneers may cause the lot

in respect of which the failure is made to be resold by

public or private sale without warranty or reserve and

without notice to the purchaser b) If upon resale as

aforesaid a lower price is obtained for any lot than was

obtained on the first sale, the difference in price together

with all costs and charges attending the resale shall be a

debt due from the purchaser in default at the first sale

c) Alternatively the auctioneers may, at their discretion,

store the lot and recover reasonable charges for so doing

from the purchaser.


16The Auctioneers will not accept electrical goods for sale unless these are almost new and/or the owner can assure the same are in working order. Some 'Period' equipment may be accepted (eg. Lights, fittings and audio) but will be sold as decorative only - to comply with legislation.


17 By entering items in the auction the vendor declares that they are authorised to sell the said items and the said items are unencumbered property.


18 All sales shall be deemed to have been made in England and the Parties to the sale hereby submit to the jurisdiction of the English courts. English law shall be the proper law of the contract of sale.