Any terrorist event, pandemic (including resulting governmental restrictions), war, as well as any “guideline” or “recommendation” by government (local, state/province, federal/national) and/or accredited health organizations (including the World Health Organization) that, despite reasonable efforts, restricts RMS from holding the auction in its contemplated form.14.2. When a Lot(s) is sold subject to a reserve, the auctioneer may bid on the Consignor’s behalf in an amount not to exceed the amount of the reserve.18.6. 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. A long-established event, RM Sotheby’s 2021 Arizona sale is set to present approximately 80 blue-chip motor cars spanning the spectrum of the market, hand-picked by the company’s expert team of 25 Car Specialists. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies. A US$2,000.00 CC Hold for RMA American auctions;20.2.3. 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. Judgment on the award may be entered in any court having jurisdiction. The Consignor will indemnify, defend, and hold RMS harmless from any claims, demands, losses, expenses, damages, costs, actions, and liabilities, including without limitation to court costs and attorney fees, of whatever kind or nature that may or may not occur, whether known or unknown, on the account of or arising out of all matters related to the Ownership and Titles.8. Enter the email address associated with your rmsothebys.com account. If a Lot(s) is brought into the EU from a country outside of the EU, the Lot(s) must be placed on either RM’s bond in the United Kingdom or one of RM’s nominated customs agencies for Paris, Monaco, or Italy. Buyers’ Premium. 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. At RM’s discretion, RM will execute absentee bids and accept telephone bids and online bids via rmsothebys.com as a convenience to clients who are not present at auctions; RM is not responsible for any errors or omissions in connection with the calling, displaying, accepting, or rejecting of bids. the applicable Buyers’ Premium (defined below). Any natural disaster that, despite reasonable efforts, restricts RMS from holding the auction; 14.1.2. 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. 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. Other damages reasonably related to the Bidder’s non-payment.14. A €5.000,00 CC Hold for RM European auctions; and20.2.4. In addition to the Hammer Price, the Buyer is required to pay RM a percentage of the Hammer Price as outlined below, which RM retains as the Buyers’ Premium for the purchase of each Lot(s) (“Buyers’ Premium”).9.2. 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. Such functionality is subject to delays beyond RM’s control. 8 Beds. Bid update and other notification functionality may not occur in real time. Company Puerto Rico | Sotheby's International Realty +1 (787) 523-6500. Specializing in the sale of prestigious properties, our agencies leave no stone unturned in the search for something truly exceptional - luxury villas, waterfront properties, … Except as otherwise expressly provided herein, these Conditions of Business shall not be modified, except in writing. 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. 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%. Once you have satisfied the Bidder Registration Requirements, you will be able to place bids against Lot(s) at the auction.7.5. Bidders agree that they are making use of the Services at their own risk and that the Services are being provided to Bidders on an “AS AVAILABLE” and “AS IS” basis. We manage the title transfer process on your behalf to ensure the car is free of liens and encumbrances. Bordeaux, Cap-Ferret / Pyla, Biarritz, Saintes, La Rochelle / Ile de Ré. To the fullest extent permitted by law, Consignor agrees that the maximum liability of RMS arising out of or related to these Conditions or any claim or dispute between the parties regarding the Lot(s) or auction shall be the Sellers’ Commission that would have been due under clause 4.1 of these Conditions had the Lot(s) (a) met their reserve; (b) if offered without reserve, then the Lot’s published low estimate; or (c) if no published low estimate, then the Lot’s fair market value as determined by RMS.24. Once made, no Bidder may retract a bid made during the auction for any reason.7.6. Any collection costs, attorneys’ fees, and court costs incurred to enforce payment; and13.3.4. Government/court actions, orders, injunctions, regulations, laws, or non-compliance with applicable rules, regulations, or laws to hold the auction that necessitate or make prudent a cancellation.14.3. Buyers of all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing, are required to pay RMS a Buyers’ Premium of 20% on the Hammer Price of those particular lots.9.3. The full Privacy Policy can be found at the bottom of the RM website homepage under the Privacy & Terms tab. Buyers of all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing, are required to pay RMA a Buyers’ Premium of 15% on the Hammer Price of those particular lots.9.4. Translations. Deduct the Purchase Price plus applicable taxes from the Bidder’s cash deposit and/or charge the Purchase Price and applicable taxes to the credit card that the Bidder has provided. Each Office Is Independently Owned And Operated. Fees and charges vary from sale to sale, and for some countries, this is also determined by the value of the Lot(s).33.2. 19. Removal of Purchased Lot(s). Rego Sotheby’s International Realty is Bermuda’s longest established full service real estate company. Our website lets you search property listings globally, and includes a large inventory of luxury homes for sale. Any natural disaster, which despite reasonable efforts, restricts RM from holding the auction;16.1.2. The mediation and arbitration shall be administered by the American Arbitration Association pursuant to the AAA Commercial Arbitration Rules and Mediation Procedures. Each global franchise is independently owned and operated. Accordingly, to the extent permitted by applicable law, RM excludes all expressed or implied warranties, terms, and conditions, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement. This clause shall not preclude the parties from seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction. RMA American auctions will have the following Buyers’ Premiums:9.3.1. RM is served with a lawsuit or threatened with a dispute from a third party in relation to the Lot(s);17.4. In order to register to bid onsite at auction, Bidders must pay a bidder registration fee as outlined below: 6.1.1. RMS strongly advises Buyers to make immediate arrangements for the collection and transport of purchased lots. It is the absolute requirement of the Consignor that they provide any and all titles, registration documents, or appropriate documents evidencing Ownership and/or government registrations (such as Purchase Agreements and Bills of Sale) (“Titles”) to the Lot(s) to RMS prior to the auction of the Lot(s).7.2. Please note that RM may waive this requirement at its sole discretion.20.2. Purchase Price. 13.3. A shield is not a replacement for a mask. Each franchise is independently owned and operated. If the Bidder refuses to submit to a temperature check and/or does not wear a mask as outlined, the Bidder must leave the auction premises immediately and/or the Bidder will be escorted from the auction premises by security and, no refunds will be provided.29.6. 12.1. 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. By bidding at auction, bidders are bound by the Conditions of Sale and Terms of Guarantee, as amended by any oral announcement or posted notices, which together form the sale contract among Sotheby’s, the seller (consignor) of the lot and any bidders, including the … 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. If RMS contributes to the Hammer Price to meet a reserve, the reserve for the respective Lot(s) becomes the Hammer Price plus RMS’ contribution for purposes of commissions.19. Notice to Buyers as Required by the California Department of Motor Vehicles Code Section 11729. Auctions Top Auction Houses Saw Total Sales Drop in 2020—But Sotheby’s Outpaced Rival Christie’s With $5 Billion in Revenue. The Consignor is required to review and approve any and all descriptions within 3 business days of receiving the description from RMS.9.3. The online auction … Subject to fulfillment of the Contractual Obligations, at the Close of Lot, the contract between the Consignor and the Bidder is concluded and irrevocable.12.2. Synonymous with prestige and discernment, the Sotheby's International Realty® brand harnesses the worldwide recognition of the Sotheby's Auction House. Set-Off: If the Consignor owes RMS money from this or an unrelated transaction, RMS may unilaterally retain funds to satisfy the amount owed by the Consignor. 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 of a Lot(s) resides in an American state, in an effort to ensure all titles are free and clear of liens or encumbrances, RM manages the process of title reassignment on behalf of the Buyer. If the Consignor withdraws one or more of the Lot(s) from the auction after the signing of these Conditions or otherwise sells the Lot(s) in violation of these Conditions, the Consignor will pay RMS the Buyers’ Premium and 50% of the Sellers’ Commission (if the Sellers’ Commission is waived in the Specific Information or Specific Conditions of the consignment agreement package, for the purposes of this clause, the Sellers’ Commission will be 5% of the Hammer Price) that would have been due under these Conditions had the Lot(s) (a) met their reserve; (b) if offered without reserve, then the Lot’s published low estimate; or (c) if no published low estimate, then the Lot’s fair market value as determined by RMS.21. 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. team post sale to finalize collection details and arrangements by end of day Monday, January 25. In the event of a final Hammer Price above US$250,000.00 on all motor car lots, RMS will receive a Buyers’ Premium of 12% on the first US$250,000.00 and will receive a Buyers’ Premium of 10% on the Hammer Price above US$250,000.00. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies. 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. **Please note that the applicable Buyers’ Premium will apply. Although RMS endeavors to keep the Services safe, secure, and functioning properly, RMS cannot guarantee the continuous operation of or access to the Services or a Bidder’s ability to connect and navigate the Services.21.3. Exclusive property for sale in Venice Venice Sotheby’s International Realty offers only the best real estate in this most beautiful of cities, as part of the Sotheby’s International Realty ® global footprint of over 1000 offices worldwide, and in close association with Sotheby’s Auction House, providing a synergistic link between fine art and property buyers and investors. Any dispute, claim, or controversy arising out of or relating to these Conditions of Business or the breach, termination, enforcement, interpretation, or validity thereof, including the determination of the scope or applicability of these Conditions of Business shall exclusively be subject to arbitration, and shall first be subject to mediation as a condition precedent to arbitration. If any dispute arises after the sale, RM’s sale record is conclusive. By participating in telephone bidding, the Bidder acknowledges that RM has the right to record all telephone calls.16. No-Sale of Lot(s):13.1. RM European auctions will be conducted in Euro and all payments are required to be made in Euro. By participating in the auction, the Bidder represents and warrants that any bid placed by them, or on their behalf, is not the product of any collusive or other anti-competitive agreement and is otherwise consistent with applicable competition law. 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. 22.1.2.3. The Buyer agrees to indemnify, defend, and hold RM harmless from any claims that may be made with respect to any Buyer-alleged damages or liability, including but not limited to, travel expenses, repair expenses, and inspection expenses in any way related to actions taken in accordance with clause 3. RM will use reasonable efforts to avoid cancellation/rescission; however, RM has the sole discretion to cancel/rescind the auction and will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission, including but not limited to if RM believes the following events have occurred or have a reasonable chance of occurring:16.1. 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. WPS Holdings LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. If the Bidder fails to pay for a Lot(s) purchased on or before 5:00 p.m. of the next business day following the auction, the Bidder acknowledges that their credit card will be charged the applicable CC Hold for the missed payment; please note that the Bidder is still bound to pay their remaining balance. If the Removal Deadline is not met, the Consignor will be required to pay RMs (i) a removal fee of up to $600.00 USD and (ii) a daily storage fee of up to $30.00 USD per Lot(s) until full payment and instructions for transport have been received. Summit Sotheby's International Realty® network provides access to luxury real estate and homes for sale worldwide. 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. In the event of a final Hammer Price above €200.000,00 on all motor car lots, RM will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium) on the first €200.000,00 and will receive a Buyers’ Premium of 12.5% (plus VAT on the Buyers’ Premium) on the Hammer Price above €200.000,00.9.4.3. RM will use reasonable efforts to avoid cancellation/rescission; however, RM has the sole discretion to cancel/rescind the sale of a Lot(s) and will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission, including but not limited to if RM believes the following events have occurred or have a reasonable chance of occurring:17.1. Title, Registration Documents, and/or Appropriate Documents Evidencing Chain of Ownership to Lot(s):7.1. If there is a discrepancy, contradiction, or question of interpretation regarding enforceability between the English version of the Conditions of Business and a version of the Conditions of Business produced in a language other than English, the English version of RM’s Conditions of Business will supersede.28.2. Notwithstanding any references to any transactions or arrangements in these Conditions, or any contemporaneous written, oral, or implied understandings of the Parties relating to the subject matter of these Conditions, RMS has not provided legal or tax advice or tax planning services to the Consignor or for the Consignor’s benefit in connection with the transactions contemplated by these Conditions, and no one at RMS has acted as the Consignor’s attorney or tax advisor.30. If the Bidder is not the Buyer of the Lot(s), the CC Hold will be removed from the credit card in accordance with the Bidder’s specific credit card companies’ procedures. A 4% service fee will be added to the final amount on payments made using a credit card. RMS may unilaterally retain funds from the Buyer if the Consignor has breached the terms outlined in these Conditions. With a global reach and local expertise, our highly-qualified real estate professionals are well … A record-breaking ‌$560,000‌ ‌pair‌ ‌of‌ ‌‌Michael‌ ‌Jordan‌‌ ‌sneakers‌, for instance, was the only item in a Sotheby’s online auction in May. 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. Specifically, if a boat lot is not removed by the RM Removal Deadline, RM will remove the boat lot, and the Buyer is required to pay RM a removal fee plus VAT per boat lot and a daily storage fee plus VAT per boat lot. A €200.00 bidder registration fee for RMS Monaco and Villa Erba auctions; and6.1.5. Learn more! 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. 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 Conditions of Business displayed on RM’s website; 1.2.3. Lot(s) Exhaust Warning. Consumer Protection Rights: If the Consignor is a Business (defined below) AND the winning Bidder is a consumer AND the consumer has a right of withdrawal against the Consignor on the basis of EU consumer protection laws, the Consignor agrees that the Buyer has the automatic statutory right for 14 calendar days after the Buyer is responsible to take possession of the Lot(s) to rescind the sale of the Lot(s) for any reason. To be clear, the bid price stated by the auctioneer is the prevailing and binding bid price.23. 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. 21.2. Bid Display. If the Bidder does not satisfy and/or meet the Bidder Registration Requirements, RM, at its sole discretion, may not allow the Bidder to register to bid at the auction.7.4. The global leader in the collector car industry. 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. Inviting. 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. All guests MUST wear a mask during their entire stay on property, NO EXCEPTIONS. 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. RMS opines that physical damage to the Lot(s), which cannot be sufficiently repaired prior to the auction, occurred after these Conditions was signed;15.3. 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. 13.2. 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. Hawaii properties for sale, Hawaii Real Estate for sale, Hawaii Condos, Apartments & Hawaii MLS property listings search provided by List Sotheby’s International Realty, search your Hawaii dream homes with us now! The Lot(s) will be moved by RM from the auction site immediately following the auction and taken to a secure storage facility and the Buyer will be required to pay RM a moving fee of up to €600,00 plus VAT per Lot(s). In the spirit of innovation, an exceptional real estate company bearing the Sotheby’s name was launched in 1976. Lot(s) Operation:11.1. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. Seeking Approval: The Homologation Collection Arrives in Arizona, All-American in Arizona: Icons of American Motoring at RM Sotheby’s Arizona Auction, Attractive Materials: An Alloy-Bodied Boano Ferrari 250 GT in Arizona, World Standard: Awe-Inspiring V-16 Cadillac Convertible Coupe Arrives in Arizona, How It Feels to Drive a RUF: Owner Impressions from a Star of RM Sotheby’s Arizona Auction, Seven Shelbys: America’s Greatest Hits Offered at RM Sotheby’s Arizona Auction, Four Hundred Club: Two Limited-Edition Ferrari Examples Arrive in Arizona, Open-Air in AZ: The Thrill of Top-Down Motoring, All Available at RM Sotheby’s Arizona Auction, New Speed: RM Sotheby’s 2021 Arizona Auction Features Rare and Scarcely Available Hypercars, All-Cylinders in Arizona: A Multitude of Combustion Choices from RM Sotheby’s Arizona 2021 Auction, One of the following: Driver's License, Passport Identification, or ID Card, Credit Card (used for a pre-auction authorization), If registering as a Company, Proof of Company (Incorporation documents, VAT/Tax Number), If registering as a North American dealer, copy of Dealer and Resale Tax Certificate. 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. 34. We specialize in rare antique, classic, and sports & racing cars. This agreement is an important legal document. For more information go to www.P65Warnings.ca.gov/passenger-vehicle. If the Buyer of a Lot(s) resides in the EU, according to the EU VAT Directive, motor cars that have been in use for no more than 6 months or that have been driven for no more than 6,000 kilometers are considered new means of transport and will be subject to VAT. Structural damage to the auction venue prior to the auction that, despite reasonable efforts, restricts RMS from holding the auction; and14.1.3. 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. The Consignor agrees to provide RMS with a good, clear, and transferable Title to the Lot(s) in advance of the auction.7.3.1. 16 Baths. Cancellation/Rescission of Lot(s). Knoxville, TN, 37919 United States. Withdrawn Lot(s):20.1. If you feel RM has not complied with the terms of this agreement, please contact an investigator of the Department of Motor Vehicles.31. 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. Our listings include all types of homes, including houses, condos, townhomes, villas … 22.2.2. In the event of a final Hammer Price of £200,000.00 and below on all motor car lots, RMS will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium).9.5.2. 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. Except as otherwise expressly provided herein, these Conditions sold sotheby's home auction is, where is, with no or! Bordeaux, Cap-Ferret / Pyla, Biarritz, Saintes, La Rochelle / Ile de Ré registration. Rma American auctions ; 20.2.2 Terms outlined in these Conditions are an legal! Your title for your car at the bottom of the sale of Lot. Bid acceptable to the auction venue prior to the auction, the operator of the tax scenarios below.10.2.1 work... 2020 | 10:00 AM HKT | Hong Kong in 2020—But Sotheby ’ s Outpaced Rival Christie ’ s held live. Business displayed on RM ’ s International Realty is the prevailing and bid. 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