Regarding payment for lots:
For INTERENCHERES bidders:
- The amount shown on your invoice will be debited automatically
immediately after the sale for invoices under €1,100, and a deposit of €1,100 will
also be debited for invoices over €1,100.
Cash payments are accepted:
• Up to €1,000 including fees and taxes where the payer is resident in France for tax purposes or is acting in the course of a professional activity.
• Up to €15,000 including fees and taxes where the payer can prove that they
are not resident for tax purposes in France and are not acting for the purposes of a professional activity.
Invoices exceeding €1,000 must be paid by
bank transfer, credit card or 3D Secure payment (www.orne-encheres.fr).
For payments by cheque, buyers will be asked to present two forms of identification (belonging to the same person, matching the name on the cheque) and a one-month clearance period will apply before the lots are handed over. In the event of payment by an uncertified cheque, the handover of the items may be deferred until payment is confirmed, and the sale will only be deemed final once payment has been confirmed.
In accordance with Article L321-14: In the event of non-payment by the successful bidder, following a
formal notice to pay which has remained unheeded, the item shall be put up for sale again at the seller’s request through a repeat auction; if the seller does not make such a request within three months of the auction, the sale shall be automatically rescinded, without prejudice to any damages owed by the defaulting successful bidder. The successful bidder may not rely on the cancellation of the sale to evade their obligations.
In the event of non-payment of the hammer price and costs, a formal notice will be sent to the purchaser by registered letter with acknowledgement of receipt. Upon expiry of a one-month period following this formal notice and in the event of non-payment of the sum due, an additional fee of 10 per cent of the hammer price, subject to a minimum of €250, shall be charged to the purchaser to cover recovery costs. The application of this clause does not preclude the award of damages and costs of any necessary legal proceedings, nor does it prejudice the possible implementation of a re-auction procedure.
See original version (French)
Auto-translation. Refer to original language for legal validity.