In cases where pre-existing Titles do not exist and insurance bonds are necessary, the Consignor will be charged Title Fees on a case-by-case basis.7.4. In the event that either party brings action against the other, arising from or relating to this auction, the prevailing party, as determined by the arbitrator or court, shall be entitled to recover its reasonable attorneys’ fees and costs, including through appeals. If the Buyer of a Lot(s) resides in an American state in which RM is registered to collect/remit sales tax, RM is required to collect/remit sales tax on the purchase of that Lot(s). If the Buyer exercises this contract cancellation option, RM is obligated to return any funds paid by the Buyer and cancel the sale. These Conditions;1.2.2. 32. Each franchise is independently owned and operated. Greece Sotheby's International Realty is the leading luxury real estate agency in Greece. Cancellation/Rescission of Lot(s). The Consignor acknowledges that, should RMS, at RMS’ sole discretion, determine that the Lot(s) is not safe to operate or move, RMS may rescind the consignment of the Lot(s) from the auction.11.2. On November 11-20, RM Sotheby’s held its Online Only: Open Roads, Fall auction, and cleared over $5M in sales with a clearance rate of 89%. The auction will be a live event, with limited attendance for registered bidders only in accordance with City and State guidelines, while also allowing clients the opportunity to bid online, via telephone or absentee. 22.1. View all upcoming Sotheby's auctions and private sales of Contemporary, Modern & Impressionist, Old Master Paintings, Jewelry, Watches, Wine, Decorative Arts, Asian Arts & more. It is the Buyer’s responsibility to make their own arrangements, but RMS is pleased to offer our clients the services of the following preferred companies: ReliableContact - Bob Sellers413 537 3354bsellers@reliable-carriers.com, CARS Contact - James Walker+44 7908 645 852james@carseurope.net, CosdelContact - Sara Rider925 451 1136 sara@cosdel.com. No food or drink will be allowed on the premises. The registration process is simple and only takes a few minutes. Confidentiality of the Buyer(s) Identity: Unless RMS elects to do so in its sole discretion, RMS shall not be required to share or produce the name of Buyer(s) to the Consignor(s) without a court order or except in accordance with government regulation. Notwithstanding any references to any transactions or arrangements in this agreement, or any contemporaneous written, oral, or implied understandings of the parties relating to the subject matter of this agreement, RM has not provided legal or tax advice or tax planning services to the Bidder or for the Bidder’s benefit in connection with the transactions contemplated by this agreement, and no one at RM has acted as the Bidder’s attorney or tax advisor. If the Lot(s) is not removed by noon on the next business day in the jurisdiction where the auction was held, the Buyer will be charged a daily storage fee of up to £40.00 plus VAT per Lot(s) until the Lot(s) is removed. RM reserves the right to reject any bid. 22.1.2.2. 20. Credit Card Hold and Pre-authorization. If there are disputes, claims, accusations, notices, or similar communications made by the Buyer in regard to their purchase of a Lot(s) not being authentic, being misrepresented, having an encumbered title or registration, having undisclosed material issue, or having a similar claim, RM has the right to retain the Buyer’s funds on account and be the arbitrator as to the merit of the Buyer’s claims and to cancel or rescind the sale of the Lot(s) and reimburse the payment to the Buyer if RM in its sole discretion deems the Buyer’s claims to be valid. No Legal or Tax Advice. 12.4. Notice to Buyers as Required by the California Department of Motor Vehicles Code Section 11729. Even though the RM Conditions of Business are generally standardized, there are unique jurisdictional requirements and terms that may not apply to every auction, and it is each bidder in the auction (“Bidder(’s)”) responsibility to understand and review these Conditions of Business as they apply. Entire Agreement: This document shall be binding upon the Parties and their respective heirs, personal representatives, and assigns. This years auction will take on an innovative new format comprising two parts; a live streamed sale to take place on 13 February, followed by an Online Only, time-based sale … $9,750,000. Sotheby's International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. The Bidder agrees to provide all information and assistance reasonably requested by RM to comply with RM’s internal Anti-Money Laundering process and to comply with any and all applicable Anti-Money Laundering Laws and Regulations.27. The removal fee and daily storage fee for a boat lot will be determined based on the size of the boat lot and therefore cannot be confirmed until the boat lot is consigned. These Conditions of Business shall be interpreted in accordance with the laws of the State of Michigan. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. A link to reset your password has been sent to your email address. The Consignor authorizes RMS to perform minor work on the Lot(s) to facilitate the Lot(s) starting and driving across the auction block or being presentable for sale. RMS may unilaterally retain funds from the Buyer if the Consignor has breached the terms outlined in these Conditions. Please check the email to complete your registration. Absentee and telephone bidding are services provided by RM for the Bidder’s benefit, and RM cannot be held responsible for errors or omissions with respect to the bidding process, including failure to execute any bid. Please ensure that you read and understand these Bidders’ Conditions of Business (“Conditions of Business”) prior to bidding on a motor car or any other lot (“Lot(s)”) at this or any other RM Auctions, Inc. (“RMA”) or RM Sotheby’s (“RMS”) auction (RMA and RMS together are “RM”). Each franchise is independently owned and operated. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. 21.1. The following items will be required for you to submit your registration: Bidders are responsible for any applicable duty and/or local taxes on any motor car(s) or any other lot(s) purchased. Lot(s) Under Temporary Import. 18. 6. If the Consignor is a Business (defined below) AND the Buyer is a consumer AND the consumer has a right of withdrawal against the Consignor on the basis of EU consumer protection laws, the Buyer has the automatic statutory right for 14 calendar days after the Close of Lot (drop of hammer) to rescind the sale of the Lot(s). Translations. Occasionally, RMS may own a Lot(s) (and in such circumstances, acts in a principal capacity as the Seller) and/or may have a legal, beneficial, or financial interest in a Lot(s) as a secured creditor or otherwise.2. If mediation is unsuccessful, the parties shall proceed to arbitration near Detroit, Michigan, before one arbitrator, and all proceedings shall be conducted in English. Before payment of any money due to the Consignor is to be made, the Consignor agrees to provide RMS with the documents necessary to transfer the Ownership (defined below) of the Lot(s) to the Buyer. Assume the rights of the Consignor to pursue the Buyer for any amounts paid to the Consignor, whether at law, in equity, or under these Conditions of Business. The bid and currencies listed on the bid display are not real-time bids or conversions pegged to market rates and are not to be relied on by anyone. Lot(s) descriptions, statements printed in catalogues or online content, pre-mailers, advertisements, brochures, signs, and window cards, as well as verbal statements made by Consignors, auctioneers or auction staff, are based on statements and historical files, if any, collected from the Consignor and other third-party sources, and RM has no obligation to verify or authenticate any such statements. Bid update and other notification functionality may not occur in real time. Failure of RM to comply with the terms of this agreement may be in violation of statute, which could result in criminal or administrative sanctions, or both. Sotheby’s is a pioneering, global art business that offers the world’s most discerning clientele the opportunity to sell or acquire the rarest, most exceptional treasures at Auction, through Retail and by Private Sales. Please note that the standard Buyers’ Premium may change from time to time at the discretion of RMS if the standard Buyers’ Premium for the auction changes. COVID-19 Assumption of Risk and Waiver of Liability. 28.1. Taxes. If the Lot(s) does not sell at the auction, the Consignor grants RMS the authority for up to 90 business days after the auction to (a) list the Lot(s) for sale on RMS’ Private Sales website, (b) advertise, in other media at RMS’ discretion, the Lot(s) for sale, and (c) if there was a reserve price agreed to between the parties, unilaterally sell the Lot(s) for an amount equal to or greater than the reserve price.7. Masks must be worn at all times with no exceptions. A record-breaking $560,000 pair of Michael Jordan sneakers, for instance, was the only item in a Sotheby’s online auction in May. Lot(s) Operation:11.1. All guests MUST wear a mask during their entire stay on property, NO EXCEPTIONS. 18.4. RM Sotheby’s begins its 2021 European calendar in spectacular fashion with its eighth annual Paris sale to be held on 13 February. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Discreet. If attending the auction in person, the Bidder agrees to the following:29.1. For RM American and European auctions, all purchased Lot(s) must be removed by the Buyer from either the auction site or the secure storage facility by the next business day by 5:00 p.m. in the applicable time zone where the auction is held (“RM Removal Deadline”). Non-Payment. Please ensure that you read and understand these Conditions of Business (“Conditions”) prior to consigning a Lot(s) at this or any other RM Auctions, Inc. d.b.a. The CC Hold will not be charged to their credit card if the Bidder makes full payment on or before 5:00 p.m. of the next business day following the auction. RM Sotheby’s is thrilled to announce a new location for its 22nd annual Arizona sale, kicking off its 2021 auction calendar, at the OTTO Car Club on Friday, 22 January at 1 p.m. MST. 18.3. (Clauses 1.2 to 1.2.5 together are “Contractual Obligations”)1.3. In the event of a final Hammer Price of €200.000,00 and below on all motor car lots, RM will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium).9.4.2. 15. 10.2. Notwithstanding the preceding sentences, if RMS has paid any portion of the purchase price to the Consignor, but the purchase price has not been collected from the Buyer of the Lot(s), the Consignor hereby agrees, simultaneously with such payment, to assign to RMS any and all rights that the Consignor may have against such Buyers to the extent of such payment, whether at law, in equity, or under the Contractual Obligations. Any dispute, claim, or controversy arising out of or relating to these Conditions or the breach, termination, enforcement, interpretation, or validity thereof, including the determination of the scope or applicability of these Conditions shall exclusively be subject to arbitration, and shall first be subject to mediation as a condition precedent to arbitration. Please note that the Buyer is required to insure their Lot(s) while the Lot(s) is being stored on their behalf.22.4. If the Buyer of a Lot(s) resides outside the United States, RM will use its reasonable efforts to assist with the transfer of ownership; however, it is the responsibility of the Buyer to transfer ownership in compliance with their jurisdictional rules and regulations.22. 20.1. The definition of Business for these Conditions is a natural person or legal entity in the business of selling automobiles and acting for purposes relating to such business (“Business”).34.2. Bidding at Auction. Sotheby's (/ ˈ s ʌ ð ə b i z /) is a British-founded American multinational corporation headquartered in New York City.One of the world's largest brokers of fine and decorative art, jewelry, real estate, and collectibles, Sotheby's operation is divided into three segments: auction, finance, and dealer.The company's services range from corporate art services to private sales. This site is protected by reCAPTCHA and the Google
The Bidder and any guests in the Bidder’s party, acknowledge the potential risks associated with COVID-19 exposure and voluntarily assume all risks related to exposure to COVID-19.29.2. RMS makes no representation or warranty of the anticipated selling price of a Lot(s), and no estimate anywhere by RMS of the selling price of a Lot(s) may be relied upon as a prediction of the actual selling price. Inviting. We specialise in the promotion and sale of luxury villas on the Greek islands … Reserves. Payment is due in full on or before 17:00 of the next business day following the auction (Monday, January 25), and payment is to be made to RM Auctions. 29.4. The Conditions, notices, or addendums displayed on RMS’ website; and1.2.5. It is the Bidder’s responsibility to provide proof of exemption from sales tax. You can expect your title to be couriered to you within 20 business days post-sale, at which time you can register the car at its final destination. Cash payments will be reported according to U.S. federal government requirements.12.5. Winterizing one or more of the Lot(s) means that the Consignor has completely filled and properly mixed, at a minimum, –25°C-rated antifreeze into their Lot’s radiator.27.2. If the Consignor has an opportunity to place the Lot(s) in an auction or sell via private sale, RMS has the right to meet the economic terms of the opportunity and sell on behalf of the Consignor for up to 5 business days from the Consignor providing notice. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Please note that the registration fees outlined in the clauses above are subject to change by any salesroom notice, auctioneer’s announcement at the auction, catalogue update, or website update, and it is each Bidder’s responsibility to apprise themselves of any changes to the registration fees.7. As an accommodation to the Consignor, RMS agrees to act as an intermediary between the Consignor and the Buyer by accepting the purchase price from the Buyer, transferring the Lot(s) to the Buyer, and delivering the amounts due to the Consignor under these Conditions. 34. Please note it is the Consignor’s responsibility to insure their Lot(s) whilst in storage.13.5. Photography, Videography, and Illustrations: All photographs, videography, and illustrations commissioned by RMS for the Lot(s) are the absolute property of RMS, and RMS shall have the absolute right to use the photographs, videography, and illustrations as RMS deems fit.33. Luxury, elegance and sophistication are at the top of our agenda. You will not receive your title for your car at the time of the sale. These Conditions of Business;1.2.2. In each case as amended by any salesroom notice or auctioneer’s announcement at the auction. Legal Action. Kindly note all lots must be removed from the auction premises no later than January 25. Verbal bidding instructions will not be accepted._____________Bidders’ InitialsIf any dispute arises after the sale wherein an RM Car Specialist bid on behalf of a Bidder during the Auction, the Bidder acknowledges that RM will not be held responsible for any errors or omissions in connection with the calling/displaying/accepting of bids.________________________________ Date________________________________Signature of Bidder. LIVESTREAM AUCTION WITH LIMITED ATTENDANCE. 8 Beds. If any damage occurs because the Consignor did not properly winterize their Lot(s), it will be the Consignor’s responsibility to cover the damages, and RMS may recoup these damages from the Consignor’s settlement. THE CONSIGNORS AND RM DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED, AS TO CONDITION, ORIGINALITY, OR AUTHENTICITY; ORIGIN OR PROVENANCE; PREVIOUS USE OR OWNERSHIP; MANUFACTURING OR RESTORATION PROCESSES; YEAR OR AGE; SERIAL NUMBER, MAKE, OR MODEL; OPTIONS AND TOOLS; ENGINE HOURS; AND MILEAGE OF ANY LOT(S) OR COMPONENT OF ANY LOT(S), AND THEY SPECIFICALLY DISCLAIM ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. The Conditions of Business displayed in the auction salesroom;1.2.4. In each case as amended by any salesroom notice, auctioneer’s announcement at the auction, or website update. A CC Hold as outlined below will be placed on the Bidder’s credit card:20.2.1. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. A further condition of bidding at the auction is that the Bidder holds RM harmless from any and all tax or regulatory issues that arise due to Tax and Ownership Information (defined below) that RM provides.11.1. **Please note that the applicable Buyers’ Premium will apply._____________Bidders’ InitialsOR B. If RMS cancels the sale of the Lot(s) due to the obligations in clause 9.3 not being fulfilled, the Consignor will: 9.4.1. pay RMS any and all expenses incurred by RMS assigned to the Lot(s); and 9.4.2. will be responsible to pay RMS a 10% commission on the Lot(s) had the Lot(s) (a) met its reserve; or (b) if offered without reserve, then the Lot’s published low estimate; or (c) if no reserve and no published low estimate, then the Lot’s fair market value as determined by RMS. In the event of a successful bid, if a Lot(s) has a combined hammer price and Buyers’ Premium equaling less than US$40,000, under the Car Buyer’s Bill of Rights (FFVR 35), RM is required to offer a 2-day contract cancellation option agreement to the successful Buyer. International Bidders are advised that bank transfers may take multiple days for funds to transfer, and as such, we ask for banking institutions to confirm the transfer directly with our Administration department once initiated. Errors and inaccuracies may occur in the operation of the bid display. Please note that in order to register to bid at an RM sale, RM requires a hold and pre-authorization to be placed on the Bidder’s credit card, which is dependent on the particular auction as listed in clause 20.2 (“CC Hold”), from the date of registration until the close of the auction. If the Lot(s) is not removed for one calendar year from the RM Removal Deadline and other arrangements have not been made, RM has the right to (i) auction the Lot(s), (ii) retain its standard Buyers’ Premium, storage fee, and other applicable expenses, and (iii) return the remaining payment to the Buyer.23. Antifreeze Is the Responsibility of the Consignor:27.1. Sotheby’s has been uniting collectors with world-class works of art since 1744, and 270 years later it has grown into one of the world’s leading full-service art businesses. The online auction … All purchased Lot(s) will be moved by RMS from the auction site immediately following the auction and taken to a secure storage facility AND the Buyer will be required to pay RMS a moving fee of up to £600.00 plus VAT per Lot(s). Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. 12.7. RM may use a bid display in the salesroom for informational purposes only. Credit cards are accepted for memorabilia purchases ONLY, not to exceed $2,000 USD. 22.2. RM faces significant reputational damages that would cause monetary damages for offering or selling the Lot(s); 17.5. With campuses in the cultural capitals of London, New York and Los Angeles, Sotheby’s Institute offers graduate level programs that have become more relevant than ever in an art world that is constantly seeking individuals with art historical scholarship and business acumen. We manage the title transfer process on your behalf to ensure the car is free of liens and encumbrances. A US$75.00 administration fee or its equivalent in local currency of the auction location (US$85.00 in the State of California) will be assessed per motor car purchased, but this fee will not apply to nostalgia lots. Removal of Purchased Lot(s). Please note that the Conditions of Business are subject to change from time to time and it will be posted on RM’s website and catalogue, as the case may be. Buyers of all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing, are required to pay RM a Buyers’ Premium of 20% (plus VAT on the Buyers’ Premium) on the Hammer Price of those particular lots.9.5. 12. Cancellation/Rescission of Auction: RMS will use reasonable efforts to avoid cancellation/rescission; however, RMS has the sole discretion to cancel/rescind the auction and will not be liable to the Consignor for any losses or damages resulting from the cancellation/rescission if RMS believes the following events have occurred or have a reasonable chance of occurring:14.1. If it is found that the Consignor did not properly winterize their Lot(s), the associated costs with checking, filling, and disposing of the antifreeze will be recouped from the Consignor’s settlement; if the Lot(s) is not sold, the Consignor must pay RMS before the Consignor can retake possession of their Lot(s). RM European auctions will have the following Buyers’ Premiums:9.4.1. Founded in 1976, the Sotheby's International Realty® brand is a unique luxury network of brokerage agencies offering a wide collection of luxury homes, estates and properties for sale throughout the world. SOTHEBY'S AUCTION HOUSE • RM SOTHEBY'S • SOTHEBY'S WINE • SOTHEBY'S DIAMONDS • SOTHEBY'S HOME; TTR Sotheby’s International Realty is a licensed real estate brokerage in Washington, D.C., Maryland, and Virginia. Bidders may be able to bid via websites, telephone services, applications, RM’s online platform, and tools (collectively “Services”).18.2. Sotheby’s Institute of Art is The Graduate School of Art and its Markets. 34.3. 7.7. Synonymous with prestige and discernment, the Sotheby's International Realty® brand harnesses the worldwide recognition of the Sotheby's Auction House. 4.1.1. In order to register to bid onsite at auction, Bidders must pay a bidder registration fee as outlined below: 6.1.1. Please note that for RM auctions in Auburn, Indiana, no removal fee will apply. Non-Payment by Buyer: In the event of non-payment by the Buyer, RMS will endeavor to use reasonable efforts to enforce payment from the Buyer; however, RMS shall not be liable to the Consignor for payment. Marketing Fee: The marketing fee is non-refundable and is not credited toward the sales commission.25. Entire Agreement. 10.2. RM reserves the right to make the reasonable determination as to whether a Consignor meets the definition of Business. Sotheby's Auction House - A Unique Partnership. Each franchise is independently owned and operated. Although the auctioneer shall be entitled to bid on the Consignor’s behalf up to the amount of the reserve (if applicable), the Consignor shall neither instruct nor permit any other person to bid on behalf of the Consignor for his/her/their Lot(s). To register, you can either create an account on the RM Sotheby's website and complete the registration process online, or you can contact Client Service for alternate registration options. 7.11. Payment of VAT is the responsibility of the Buyer. In the event a new or replacement battery costs more than $200.00 USD (or the local currency equivalent), RMS will charge the actual cost of battery plus $200.00 USD, if the battery is replaceable by an RMS employee.27. A £150.00 bidder registration fee for RMS London, United Kingdom auctions.6.2. For purposes of clause 20, Withdrawn Lot(s), of these Conditions, the Buyer’s Premium shall be 15% for motor car lots and 20% for non-motor car lots on the Hammer Price if the applicable Buyer’s Premium has not yet been clearly published in the Bidders’ Conditions of Business. Please note, payment must be made by certified funds – bank transfer, certified check, cash (over $10,000 USD will be reported on an 8300 form), or personal/company check if accompanied by a Bank Letter of Guarantee. This clause shall not preclude the parties from seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction. Further, all payments must be in the form of wire transfer unless other arrangements have been approved in advance.12.6. RMS American auctions will have the following Buyers’ Premiums:9.2.1. 25. If a Lot(s) is rendered “Title in Transit”, it is unlikely that the Buyers will receive the title in the mail within 20 business days following the auction; however, RM will work to provide the titles to the Buyer as soon as possible. If at the end of the auction, you are awarded the final bid on a Lot, ownership automatically changes hands at the drop of the auctioneer’s hammer (or equivalent device or mechanism) or the close of the Lot (“Close of Lot”). Each Office Is Independently Owned And Operated. Luxury villas and house for sale and rent in Lucca, Italy: discover the luxury real estate Italy Sotheby's Realty and find your prestige property in Lucca, Tuscany! RM’s contractual relationship with the Bidders are governed by:1.2.1. Full Privacy Policy can be found at the bottom of the tax below.10.2.1... And approve any and all payments are required to be clear, the bid display consist of the Lot s... 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