Terms & Conditions
GENERAL CONDITIONS OF SALE
This agreement sets out the terms and conditions Deal Auction House Ltd agrees to accept and sell goods on behalf of the vendor.
1. Deal Auction House Ltd
At all times Deal Auction House Ltd will act as agent for the vendor and will not have any responsibility for default by you or the Buyer. If you breach these Terms of Consignment, you may be responsible for damages/losses suffered by the Buyer or us
2. The Buyer. The highest bidder acknowledged by the auctioneer at the fall of the hammer will be deemed the buyer. If any dispute arises, the auctioneer shall have absolute discretion to settle the matter. No bid may be retracted once acknowledged by the auctioneer. The auctioneer reserves the right to refuse any bid. The bidder online who is successful in purchasing any lot(s) is entirely responsible for paying for such lot(s) in accordance with our General Conditions of Sale. Purchases made on behalf of a third party are entirely the responsibility of the bidder. The auctioneer reserves the right to bid on behalf of other parties for any lot where authorized to do so, and to withdraw, consolidate or divide any lot or lots.
3. Buyer's Premium. A buyer's premium of 20% (plus VAT on the commission value only) of the hammer price is payable by the purchaser on each lot.
4. The Seller. By entering any item in the auction the seller warrants that he / she owns the item outright or that he / she is entering it with the express permission of the owner(s), and that it is free of any encumbrance. The seller further assures that any information supplied in respect of any lot for auction is given in good faith and is, to the best of his / her knowledge, complete and true.
5. Seller's Fees. Vendors may specify a reserve (i.e. minimum sale) price if they so wish, or alternatively items can be offered for sale with no reserve. Where no reserve price is specified, whilst the auctioneer will endeavor to achieve a realistic price for the locality and market conditions, items could sell for less than the seller would have hoped for. (Where bids are not forthcoming or where the auctioneer feels that they are too low, items may be unsold or held over for entry into a later sale to try and achieve an appropriate figure). In addition, on all sales, a vendor's commission of 15% (plus VAT on the commission value only) will be deducted before settlement is made.
SELLERS ARE RESPONSIBLE FOR THEIR OWN DESCRIPTIONS, we will only change items that we know to be genuine for fact.
6. Value Added Tax. Deal Auction House Ltd is currently VAT registered, and thus VAT is currently payable on all sales or work carried out by Deal Auction House Ltd.
VAT Registration Number - 465 5240 87
7. Payment For Items Purchased. Our payment terms are by cash or electronic card and all payments for goods purchased must be made by the Wednesday following the sale, unless otherwise agreed, and before the item(s) are removed from the sale room.
7a, Goods only become your property once you have paid for and collected your item. prior to this the item in question is owned by the initial vendor. IF UNCOLLECTED, WON ITEMS WILL BE RE-SOLD AND YOU MAY BE BLOCKED FROM BIDDING AGAIN.
Deal Auction House Ltd are acting as a broker only for all items sold.
8. Payments To Sellers. We aim to pay sellers promptly, and monies due to sellers for items sold will usually be available from 14 working days after the sale. Payment will be made by electronic bank transfer.
9. Commission Bids. We will be pleased to bid on your behalf if you are unable to attend the auction personally, and lots will always be bought as inexpensively as possible subject to other bidding or reserves. Commission bids may be submitted in person, by telephone and e-mail. These must be received no later than 3 hours from commencement of the sale in question. In the case of e-mail bids only, unless you receive an acknowledgement from us, it should be taken that the commission bid has not been received.
10. Representation. Any representation, statement or comment by the auctioneer as to the authorship, attribution, genuineness, authenticity, origin, date, age, provenance, condition or estimated selling price is a statement of opinion, and in every case buyers should exercise and rely wholly upon their own judgment as to such matters.
11. Buyer Beware. Purchasers, by making a bid for a lot, acknowledge and agree that they have satisfied themselves fully with all the sale conditions, including that the lot may be damaged or repaired. By bidding for any lot, the purchaser is deemed to be satisfied as to its condition. Unless specifically stated otherwise, all lots are sold 'as seen' and we cannot accept returns under any circumstances.
12. Ownership. Sold lots do not become the property of the buyer until payment has been made in full, but do become their responsibility upon the fall of the hammer.
13. Clearing Purchases. Purchased items that have been paid for should be collected before close of business on the Wednesday following the sale, unless it has been otherwise agreed. Items that have not been collected and/or paid for by this time will result in a £5 late collection fee per item, per day. Customers who fail to pay for or collect their item(s) will be restricted from bidding at future auctions until any charges have been settled in full, and thereafter their bids will only be accepted after we have received a deposit bond equal to or greater than the value of any bids subsequently placed.
14. Damage. If damage is caused to any lot at the viewing or before, during or after the sale, such damage will be made good by the person committing such damage, principals being responsible for the acts of their servants.
15. Third Party Liability. Every person present at the auction before, during or after a sale shall be deemed to be there at their own risk and shall have no claim against the auctioneer in respect of any injury they may sustain or any accident that may occur.
16. Items For Sale. Entries for the auction are accepted between 10.00am and 5.00pm on Monday, Tuesday, Wednesday, Friday and Saturday. Please call ahead prior to bringing items. (subject to available space), Items may be received at other times by prior agreement. Items are accepted into the sale at the discretion of the auctioneer and some items may be refused. These include (but are not limited to) the following: Some electrical items, perishable goods, live animals / pets, corrosive materials, flammable liquids, and anything deemed hazardous in any way. Where lots remain unsold after two sales, the owner is responsible for removing them as soon as possible. Items remaining on the premises after this time automatically become the property of the auctioneer and will be sold, disposed of, or destroyed unless alternative arrangements have been made. Charges for disposal of uncollected items will be payable by the vendor, and an appropriate deduction will be made from any sale proceeds or an invoice raised.
16a, All lots sold are subject to a 20% commission + VAT
17. Untested Electrical Items. Electrical goods are not tested and are sold as seen including any and all possible defects. Deal Auction House Ltd, recommends buyers contact a registered electrician to test the items for compliance with safety regulations before use.
19. Compliance With The General Conditions. By attending or participating in the sale individuals are deemed to have read and understood these conditions (which may be varied from time to time), and agree to comply fully and be bound by them.
Deal Auction House Ltd
Unit 4 Tridax Business Park
Honeywood Parkway
Whitfield, Dover.
CT16 3QX
Tel: 01304 783509
07732 780688
Email:
[email protected]
Web: www.dealauctionhouse.com
