Subasta Artes Decorativas Diciembre 2024

GENERAL CONDITIONSI.-

GENERAL CONDITIONSI.- OBJECTIVEThe aim of SUBASTAS SEGRE S.L, is the mediation in the saleof all art object types, jewels or collections units by means of deposit, exhibitionor auction.II.- CONDITIONSA.- FOR THE SELLER1.- The seller, when transferring an object, will set the minimumsale price for the same one in common agreement with SUBASTAS SEGRES.L. If the object is to be auctioned, this price will become the auction startingone.2.- The fact of transferring SUBASTAS SEGRE S.L. an object authorizesto this one to photograph and reproduce it in catalogues, announcementsor any support type it considers to be able to make its sale easy.3.- The seller becomes responsible for the objects transferred byhim are free from taxes, charges or any type of impediments that its commercializationprevents, as well as for being able to assume his property orto count on the right propietor´s authorization, becoming responsible forany expense it may cause forgery in the data given SUBASTAS SEGRE S.L.by him.4.- If the seller decided removing an already included object inthe catalogue prior to the auction date and in unilateral way, he will have topay SUBASTAS SEGRE S.L., on the starting price and for indemnification,both the agreed commission and that one from the prevailing buyer at thismoment and the VAT corresponding both amounts.5.- Once the object has been sold, SUBASTAS SEGRE S.L. willdeduct, by way of commission, the agreed percentage with the seller markedwith the corresponding VAT, as well as the charge corresponding tocatalogue inclusion detailed on the back of the deposit document signedby the seller. Those sold works from authors suject to 22/87 law of the intellectualproperty will have the deduced tax the law establishes.6.- The seller will have not to pay any other expenses than thoseexpressed on the previous paragraph. Just in the case that, after mutual agreement,they proceed with the object restoration, framing, cleaning, etc, orexperts opinions are asked for meaning payment, these expenses will be exclusivelycharged to the seller independently of the object sale or not.7.- SUBASTAS SEGRE S.L. is responsible for the value of the objecttransferred for sale before the seller by means of the insurance policy itentitles. Such a cover reaches the established sale price, being this one thestarting price in case of auction.8.- The liquidation of the sold objects will be made thirty daysafter their sale and once SUBASTAS SEGRE S.L. has received the paymentcharged to the buyer.9.- The objects not adjudged in an auction will be able to be soldin the starting established price by SUBASTAS SEGRE S.L. after the auctionand whenever previous agreement against it does not exist.10.- If in a three months term the seller does not remove the objectsnot sold in auction nor decides a new starting price with SUBASTASSEGRE S.L., these ones can be put in auction again with a 40% lesser startingprice. In case the unsold lots have not been withdrawn by the consignorin period of three months from the auction, nor incluided in a newauction, the pieces will be excluided from the SUBASTAS SEGRE´S generalinsurance cover and will accrue a storage of 6 Euros per day per item orlot not removed. In case of sale, intermediary fees, advance payment, andstorage will be deducted from the selling price.11. The objects deposited in Subastas Segre SL for sale, are subjectto payment of accrued expenses such as storage, catalog, commissions and,where appropriate, advance payments. Pursuant to Article 1780 of the SpanishCivil Code, Subastas Segre SL will retain the object pledge to the paymentof the debt.B.- FOR THE BUYER1.- SUBASTAS SEGRE S.L. will appoint an auctioneer responsiblefor the auction direction. The lots will be for the highest bidder, being theauctioneer, in case of doubt about the bidder or the closing price, the one whoconsiders with no appeal, being even able to proceed with the auction again.Also, the auctioneer will be able not to take into account the bids made bypeople whose solvency has not been properly credited.2.- The buyer will have to pay a 18% commission on the closingprice increased in the VAT corresponding to this percentage3.- The bids will be increased according to the following scale:Bids until 200€ will be incresed by steps of 10 eurosBids between 200 and 500 Euros will be increased by steps of 20 Euros.Bids between 500 and 1.000 Euros will be increased by steps of 50 Euros.Bids between 1.000 and 2.000 Euros will be increased by steps of 100 Euros.Bids between 2.000 and 5.000 Euros will be increased by steps of 200 Euros.Bids between 5.000 and 10.000 Euros will be increased by steps of 500 Euros.Bids between 10.000 and 20.000 Euros will be increased by steps of 1.000Euros.Bids between 20.000 and 50.000 Euros will be increased by steps of 2.000Euros.Bids over 50.000 Euros will be increased by steps of 5.000 Euros or accordingto the auctioneer´s judgement.4.- Buyers will also be able to make their offers in writing, usingthe forms SUBASTAS SEGRE S.L. will make available for this purpose. Theauctioneer will defend the offer till the expressed limit, trying to adjudge theoffered lot in the lowest possible price. Between two or more written bids offeringthe same amount for the same lot , the oldest one will have priority aswell as the written bids have priority before the ones made in auction.5.- It will also be possible to bid by telephone having establishedit before with SUBASTAS SEGRE S.L. The fact of asking for a telephone bid,implicates the desire of covering the starting price. Once the communicationhas been established it will be, anyway, as if the buyer was in the room. Incase of bad or interrupted communications SUBASTAS SEGRE S.L. is notresponsible for it and it is its right to cover, in the buyer´s name, the startingprice of the lot for which the phone bidding was requested.6.- Payment is due immediately after the sale by followingmethods: cash and Banker´s Draft.Wire tranfer: BANKINTERC/ Príncipe de Vergara, 204 Dup. , 28002 MadridNúmero de cuenta: 0128 0065 8401 0002 7412IBAN: ES81 0128 0065 8401 0002 7412SWIFT: BKBKESMMXXXFor payments made in any currency with variable exchange rateaccepted by SUBASTAS SEGRE S.L. the exchange rate of the day in whichthe payment is made will apply. If this one comes from abroad, it should bemade by banker´s order.7.- Data and descriptions showed in the catalogues are the resultof the researches and knowledge of experts in SUBASTAS SEGRE S.L., whotry to make easy the buyers selection, being data accuracy out of their responsibility.The lots will be available for their examination during the previous exhibitionto auction, where the buyers will be able to form their own opinion.In the same way, SUBASTAS SEGRE S.L. will not either accept claims of flaws,restorations,etc., already existing during the object exhibition, although theyhave not been described in the catalogue.8- The buyer will have to pay and remove the lots acquiredby him in a later term of 7 working days, owing 6 daily Euros per day andlot for storage once the term has finished. If the buyer has not paid andremoved the lots thirty working days after the auction date, SUBASTASSEGRE S.L. may consider the sale as finished without prejudicing the legalactions to be taken in a situation like this.9.- If the buyer requests the sending of the lot or the ones acquiredby him, the expenses for packing and dispatch will be charged to him.If he wishes to get an insurance covering this sending, he will have to communicateand pay it before to SUBASTAS SEGRE S.L., since without thisrequisite the insurance will not be considered formalized.C.- LITIGATIONIn case of litigation between SUBASTAS SEGRE S.L. ande the seller or thebuyer, the parties submit to the Law Courts of Madrid with renounce to anyother jurisdiction.