CONDITIONS OF SALE
The sale is governed by articles L312-4 of the French Commercial Code.
The SVV Thierry de Maigret, the sale operator, acts as
the seller's agent and its relationship with the bidders
are specified in these conditions of sale.
Goods offered for sale: The information given in the catalogue
are the responsibility of the auction house and the experts
who assist it, taking into account any corrections announced at the time
at the time of presentation of the item and recorded in the sales
of the sale. Re-leafing, parquetage or lining are considered to be
considered as a conservatory measure and not as a defect
Dimensions, weights and estimates are indicative only.
A prior viewing enables buyers to appreciate the condition
the condition of the items offered for sale. No claims will be accepted
once the sale has been announced. The
is at your disposal for any further information, and invites all
and invites all interested parties to enquire about the lots.
Bidding: The successful bidder will be the highest and last bidder, and will be obliged to hand over the lot to the seller.
bidder, and will be obliged to submit his name and address
and address, together with proof of identity and bank
bank details. All bidders are deemed to be bidding
account and is held solely responsible for the bid.
the bid. If they are bidding on behalf of a third party, they must
the identity of this person in advance, so that the invoice
so that the invoice can be drawn up correctly. No changes
be made after the sale. In the event of a double bid
recognized by the auctioneer, the lot will be put back up for auction
auctioned again immediately, and any interested party will be
invited to participate in the auction again. The auctioneer
and the experts reserve the right, in the interests of the sale, to
to combine, divide or withdraw any lot from the sale.
Purchase orders: The auction house may execute any purchase order
free of charge. A written request
must be made in writing 24 hours before the auction, using the
duly completed form and accompanied by a cheque or bank
bank details. The SVV Thierry de MAIGRET
will act on behalf of the bidder, in accordance with the instructions
specified in this form, in order to try to buy the lot concerned at the
the lot concerned, and not exceeding the maximum amount
amount indicated. In the event of bids in the room for the same
same amount, the bidder present will have priority.
Telephone bids are accepted for lots whose
the low estimate is over €300. We recommend
to specify a security purchase order that we can execute on your behalf
on your behalf should we be unable to contact you.
we are unable to contact you. The Auction House is not
responsible for failing to execute a purchase order
error, omission, telephone malfunction or any other
for any other reason.
If you wish to bid by telephone or on the Internet, a deposit
may be requested by the Auction House.
Payment of the price: The sale is conducted in euros and is expressly
expressly in cash. The successful bidder must pay
in addition to the hammer price, taxes and selling expenses of
28.8% INCL. TAX (24% EXCL. TAX + 20% VAT).
No lot will be handed over to the buyer until all sums due have been paid.
payment of all sums due.
DROUOT LIVE buyers' fees 1.5% excl.
1.8% incl. VAT.
Buyers' costs INTERENCHERES LIVE 1.5% excl.
in addition to the auction price, i.e. 1.8% inc.
Means of payment :
- by cheque, accompanied by proof of identity.
only the cashing of the uncertified cheque will constitute
payment and transfer of ownership. Cheques drawn on
foreign bank will only be authorised after prior agreement
agreement of the Sales Company. For this reason, buyers are advised to
to obtain, prior to the sale, a letter of credit from their bank
from their bank for a value close to their purchase intention,
which they will forward to the Société de Vente.
- in cash, up to a limit of €1,000 including taxes and charges
for French residents and professionals,
15,000 for foreign private individuals, with proof of identity
of their identity, the source of the funds and their declaration
declaration of the sums to the customs authorities, decree
no. 2010-662 of 16 June 2010.
- by bank transfer, quoting the slip number
- by Visa and Master Card
VAT: VAT included in the margin may be refunded to
to buyers who are not residents of the European Union after
sending the SVV the customs export document,
copy no. 3, stamped by the customs authorities, within a period of
two months after the sale. No HT slip will be issued
without official proof of export, as the sole intra-Community VAT
is not sufficient.
Default of payment : Payment by cheque with insufficient funds
or default of payment shall not incur the liability of the
Sales Company and consequently releases it from the obligation to make
payment to the seller.
On expiry of a period of one month after formal notice has been given by
the buyer by registered letter with acknowledgement of receipt
at the buyer's expense, and in the absence of payment of the sum due, the buyer will be
will be levied on the purchaser to cover the costs of recovery
an additional fee of 10% of the hammer price, with a minimum
price, with a minimum of €300.
The application of this provision does not preclude the award of
damages and the costs of any proceedings that may be
necessary, and does not prejudge the possible implementation of the
procedure.
Irresponsible bidding: in the absence of payment by the successful bidder, the property
is put back up for sale at the seller's request on the basis of an irresponsible bid
of the defaulting bidder: if the seller does not make this request
within one month of the auction date,
the sale is cancelled ipso jure, without prejudice to damages.
Interest payable by the defaulting buyer.
Withdrawal of lots: No lot will be handed over until all sums due have been paid.
of all sums due. In the event of payment by cheque
uncertified cheque, the collection of the items may be deferred until
collection. Large auctioned purchases that have not been collected at
not collected from Drouot by 10 a.m. on the day following the sale
will be stored at the Hôtel Drouot warehouse;
They remain the sole responsibility of the successful bidder.
The storage costs payable by the buyer must be paid to the
at the Hôtel Drouot warehouse before the lots are removed and upon
presentation of the paid slip. Small items
may be kept at the auction house for 15 days after the sale;
Beyond this period, a storage fee of 3 euros per day and per item
will be charged.
Right of pre-emption: The French State has a right of pre-emption
of pre-emption of works sold, by declaration as soon as the
the auctioneer.
The State has 15 days in which to confirm the exercise of this right.
of this right. In this case, it takes the place of the last bidder.
Right of access: The right of access is the right granted to any person to
to question the controller of a data processing operation to
whether it holds information about him or her, and if so, to obtain such information.
information about them. Cf. article 32 of the Data Protection Act and model
information in the notice.
Lead seals are considered to be protective measures.
measures.
See original version (French)
Auto-translation. Refer to original language for legal validity.