1. GENERAL TERMS AND CONDITIONS
The following online auction terms and conditions apply to DARA ANTIQUIES MUSEUM online auctions. The online auctions are held on behalf of the DARA ANTIQUIES MUSEUM and on behalf of the consigner. These general online auction conditions are acknowledged upon oral, written or electronic submission of auction documents and registration on BIDINSIDE website www.bidinside.com/
Authorized auctioneers to affirms all rights of the consigner on its behalf to the buyer.
2. PROOF OF IDENTITY / PARTICIPATION IN WEB AUCTION
Auctioneers usually do not give the names of shippers and buyers. Auction participants must register on www.bidinside.com/ at least 24 hours before the start of the auction and must be approved by the auctioneer. The online auction takes place exclusively on the auction house's website (www.bidinside.com/); Pre-bids can be submitted up to 12 hours before the start of the auction via an Internet platform. Auctioneers reserve the right to exclude people from participating in online auctions at their sole discretion and without giving reasons.
3. AUCTION CATALOGUE
The auction is based solely on the description of the corresponding lot number in the auction catalogue, published on the website www.bidinside.com/. The illustrations as well as the auction catalogue published on Internet platforms are purely informational.
4. BIDS
It is the responsibility of the Procuring Entity to promptly notify the specifications and requirements of the auction platform and make any necessary installation and adjustments. Any liability on the part of the auctioneer for damages resulting from interruptions or delays due to technical failure is excluded. Each submission of an offer is a binding, irrevocable offer; The bidder remains bound by his bid until it is rejected or rejected by the higher bidder. Minimum bid is the starting price, no estimate. The auctioneer reserves the right to refuse auctions without giving a reason, to specify bids and minimum bids, and to modify the chronology of the auctions. In addition, in case of circumstances, the auctioneer is entitled to call the lot and withdraw the lot.
The minimum bid increase for the bidding process is:
Bidding steps
0 - 20 ⇒ 1 |
20 - 50 ⇒ 2 |
50 - 100 ⇒ 5 |
100 - 200 ⇒ 10 |
200 - 500 ⇒ 20 |
500 - 1'000 ⇒ 50 |
1'000 - 2'000 ⇒ 100 |
2'000 - 5'000 ⇒ 200 |
5'000 - 10'000 ⇒ 500 |
10'000 - 20'000 ⇒ 1'000 |
20'000 - 50'000 ⇒ 2'000 |
50'000 - 100'000 ⇒ 5'000 |
100'000 - 200'000 ⇒ 10'000 |
200'000 - 500'000 ⇒ 20'000 |
from 500'000 ⇒ 50'000 |
|
In rare cases, bidders may be outbid by an amount less than the minimum bid increase. This happens if the highest bidder's maximum bid is greater than the newly entered lower bid by an amount less than the minimum bid increment. The Offer is only valid until the end of the stated official expiry period. Subsequent offers cannot be considered. Delays may occur due to electronic transmission and therefore bids will be rejected for adjournment if issued shortly before the expiry time but not received by the auctioneer until then. Bids must be issued in EURO currency. Only entire auctions can be defined. If the amount is displayed in decimals or other characters, an error message will appear and the auction will not be accepted.
5. ACCEPTANCE OF A BID
The bids are accepted till one hour before the stating time of the auction.
6. VAT
All prices mentioned are in EURO, VAT of 5% Is included for UAE buyers purchases outside the UAE has 0% VAT (no VAT).
7. PRICING/PAYMENT / DELIVERY
The auction invoice must be paid within 10 days of receipt. If the auction invoice is not settled during this period, the buyer will automatically default and must pay an annual late payment penalty interest of 12%.
in principle, auction items will be delivered or shipped after the auction invoice has been paid in full. The auctioneer can decide for himself whether to deliver the lot according to the invoice.
8. TRANSFER OF TITLE
The title of the sender of the auction item is reserved while the auction invoice is paid in full.
9. WARRANTY
Descriptions of lots are provided to the best of our knowledge and correspond to our knowledge at the time of writing of the catalogue published on the website www.bidinside.com/. Contractors must notify themselves or through an authorized person of the status of the lots. Authenticity of auction products is guaranteed. The right to the guarantee is granted exclusively to the purchaser and is not transferrable to a third party. In the case of "slices" parts, any warranties expire as soon as they are opened. Auctioneers must immediately report defects by certified mail. Complaints about differences of opinion regarding the conservation level of the plot are not allowed. Lots, containing more than one part, are excluded from any claim. If an auction item is claimed to be tampered with in a notice of defects, the forged auction item must be returned to the auctioneer immediately in the same condition as when it was delivered to the buyer and undamaged. third claim. The buyer must prove at his own expense that the item being auctioned is a fake. An auctioneer may require a buyer to have his or her own expert report prepared by two independent experts in his or her field. However, the auctioneer is not bound by these expert opinions and may seek additional expert opinions at his own expense. In the event of a legitimate claim, the buyer's claim is limited to the refund of the purchase and the insurance premium paid by the buyer when the item is delivered to the auctioneer. Any other claim by the buyer against the auctioneer is excluded. Compliance with foreign and foreign customs regulations, etc. is the buyer's responsibility. The Auctioneer declines all responsibility for any damage resulting from the violation of these provisions.
10. PLACE OF PERFORMANCE / VENUE / applicable law
Place of performance as well as sole venue is Dubai (UAE)
The auction and all related legal transactions are subject to UAE law.
11. LANGUAGE
The ENGLISH original text is authoritative for the interpretation of the Web Auction Terms and Conditions.
Deira Islands Front , Dubai, DNM-V04-R59-4676 , United Arab Emirates
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