“General Conditions of Sale
de PURY Conditions of Sale WOMEN – Art in Times of Chaos
These Conditions of Sale (including an agreement to arbitrate disputes) are a binding legal contract between de-PURY (“Auction House") and you.
These Conditions of Sale apply to and govern your use of the de-PURY online auction website located at auction.de-pury.com (“Site”) and any of our related services, content or applications (the Site and these services, content and applications are together referred to herein as the “Services”) for the purpose of supporting online and ex-absentia bids in conjunction with the WOMEN – Art in Times of Chaos online auction (“Auction”).
Please read these Conditions of Sale carefully and do not use this Site or Services if you do not agree with these Conditions of Sale. The Services include but are not limited to: the display of the Auction, Lots, Live stream, making of and receipt of Pre and Live bids and facilitating the receipt of payment and delivery of winning bids.
By using the Site, Services and participating in this auction YOU AGREE TO BE BOUND TO ANY PURCHASES YOU WIN AND YOU FURTHER AGREE TO BE BOUND BY THESE CONDITIONS OF SALE.
TERMS OF AUCTION
To be approved to bid online you must:
Register to bid and complete the information requested.
You must supply the Auction House: A valid credit card number, Expiry date, Address Linked to Card.
Your bidding limit is set by either a credit card pre-authorization or a letter from your financial institution. A ($200.00 USD) refundable charge on your credit card will be applied for each Auction you register for.
Online Fees:
Fees applying to the Auction are:
In addition to the hammer price of the lot, the buyer’s premium, plus any applicable value added tax (VAT). The buyer’s premium is 18% of the hammer price.
This is in addition to full terms and conditions below:
Agent of Seller:
de PURY the Auction House acts as an agent of the Seller only and not as owner of any of the art works and/or items being auctioned. The actual contract of sale is directly between the Sellers and Buyers.
Payment:
All art works purchased are to be paid for in full within 2 (two) business days of close of auction by cash, Certified cheque, electronic transfer, bank draft, direct deposit, debit, visa or master card or other approved payment (restrictions apply) to the Auction House and/or any other applicable taxes and/or fees will be added to bid price where applicable.
The Auction House, at any time, can charge the buyers registration card for full or partial payment of the art works and items purchased at the close of this auction. All works and items must be paid for in full and funds transferred and verified before ownership will be transferred to the buyer and Item(s) and delivery is made.
Your bid as a buyer will be recorded and will remain binding and in affect 2 (two) business days after such time the auction is closed.
You the buyer acknowledges and agree that bidding at this auction is the legal equivalent of a firm commitment and irrevocable offer to purchase, unless otherwise prohibited by law or otherwise noted in these buyer terms. Once you have placed a bid and the bid is accepted by the auctioneer you are obligated to complete the transaction.
“AS IS WHERE IS”:
All artworks and/or item(s) are sold on an “AS IS WHERE IS” basis without warranty and are at the buyer's risk as soon as they are sold. Any warranty offered by a seller shall be a matter between the seller and the buyer and shall not involve the Auction House. including, but not limited to, any of its representatives.
Any information provided by the Auction House is meant as a guide only. All buyers shall inspect each art work and/or item(s) and satisfy themselves as to the condition, fitness, soundness, location, and/or to the measurements of the art works and item(s) before bidding. The inability or failure to do so will in no way relinquish the buyer from being bound by any of the terms of this Auction.
Any descriptions or information in any form whatsoever, whether oral, written or otherwise howsoever, shall not be construed as a representation or a warranty, express or implied by the Auction House. its representatives or brokerages.
The buyer acknowledges that any purchase made is based solely on the buyer's inspection ofthe goods as to their nature, quality, condition, quantity, size and fitness for the purchase that the buyer intends to use the purchased art works and item(s).
The Auction House, its employees including, but not limited to, any of its representatives and the seller accept no responsibility for errors in advertising or description. Once the buyer has bought art works and/or items, all risk passes to the buyer and the art works and/or items becomes the buyer’s responsibility.
The Auction House will not be liable for any damages, theft, or insurance on purchased art works and/or item(s). All warranties, representations and conditions whether expressed or implied, whether by statute or otherwise, are hereby waived by the buyer.
Unreserved and Reserved:
Some artworks and item(s) may have reserved minimum bids. The Auction House, at its sole discretion has the right to or/not to advertise and/or notify the buyer as to whether the art works and items being offered in this auction are:
Unreserved: Meaning the seller has agreed to accept the highest bid regardless of price. In this case any art works and/or items offered will sell to the highest bidder regardless of price.
Reserved: Meaning the seller has set a minimum price that must be met in order for the art works and/or items to be deemed "sold" to the buyer. This minimum "Reserved" price may be indicated to the buyer as a "Reserve Price" or as "Subject to Owners Approval" or “not indicated or advertised in any way”.
The seller and/or the Auction House acting as the seller’s agent may at any time:
- remove the "Reserve bid" or “minimum bid” at any time and deem this auction " Unreserved"
- accept any bid, within 2 business days of the auction closing, that is lower than the "Reserve Bid"
- counter offer; any buyer within 2 (two) business days of the closing of the auction.
Your bid as a buyer will be recorded and will remain binding and in affect 2 (two) business days after such time the auction is closed.
You the buyer acknowledges and agree that bidding at this auction is the legal equivalent of a firm commitment and irrevocable offer to purchase, unless otherwise prohibited by law or otherwise noted in these buyer terms. Once you have placed a bid and the bid is accepted by the Auction House you are obligated to complete the transaction.
Bidding and Winning:
The bidder online Paddle Number given to you at the outset of the Auction upon qualifying as a Bidder shall be used by you during the Auction to bid on art works and/or Item(s). To purchase a particular art work and/or Item at the Auction, one must be acknowledged by the Auction House auctioneer as the Winning Bidder (the bidder to whom the auctioneer acknowledges the Lot as being "SOLD" to).
Online Bidders will be notified immediately if they are the high bidder and shall be instructed to expect the purchase and sales agreement by email and/or text message, and tender their payment within 2 (two) business days following the close of auction sale. Each Sale is final, and there are no contingencies.
Your bid as a buyer will be recorded and will remain binding and in affect 2 (two) business days after such time the auction is closed.
You the buyer acknowledges and agree that bidding at this auction is the legal equivalent of a firm commitment and irrevocable offer to purchase, unless otherwise prohibited by law or otherwise noted in these buyer terms. Once you have placed a bid and the bid is accepted by the Auction House auctioneer you are obligated to complete the transaction.
The Auction House are not liable for any delays or non-performance in the fulfilment of auction lots due to government-imposed measures or unanticipated circumstances or conditions related to COVID-19. Where reasonably possible, the Auction House will work with winning bidders to fulfil purchased lots, subject to delays in transportation, travel, schedules, and other logistics beyond the Auction House’s reasonable control.
Auction House Final Say:
The Auction House reserves the right to accept or void any bid, whether winning or not, and in cases of dispute the Auction House auctioneer’s decision shall be final. All buyers agree to be bound by the terms of this agreement as well as any other conditions announced or advertised by the Auction House. In registering for this auction each buyer agrees to be responsible for all charges to them and that if any form of expected payment is accepted by the Auction House that it will be honoured when presented for payment at the bank or institution or means on which the payment is drawn. If the aforesaid payment is dishonoured then to secure payment of the same, the buyer hereby: (a) grants to the Auction House a security interest in all present and after acquired property of the buyer and the buyer hereby authorizes the Auction House by its duly appointed employee to act as that buyer's agent in executing a general security agreement in favour of the Auction House in the then current form of general security agreement used by the Auction House. The buyer consents to the Auction House filing a financing statement at Personal Property Registry in relation to the aforesaid general security agreement and the buyer waives any right to obtain a copy of the said general security agreement; and (b) charges any real estate which the buyer now or hereafter owns and consents to the Auction House filing a caveat against title to such lands. The buyer further agrees that such charge shall be deemed to be a mortgage and enforceable by the Auction House as such. All legal fees incurred by the Auction House in recovering all amounts due to them from the buyer shall be paid by the buyer on the scale as between solicitor and his own client on a full indemnity basis.
Late payments shall bear interest at the rate of 15% per annum.
Removal:
The buyer agrees that all art works and items will be removed no later than 60 days for, after the date of the auction. Failure to arrange delivery, remove and take receipt of the art works and/or items within 60 days of the auction item will be deemed “Abandoned” and disposed of by the auctioneer at its sole discretion with no compensation for the buyer whatsoever.
Fees and Taxes:
The bid price does not include any applicable taxes, or auction fees including, but not limited to G.S.T other taxes, the buyer premium and transportation.
The shipping and delivery of artworks and any applicable import duty or taxes are the sole responsibility of the purchaser. Shipping will be quoted and invoiced separately.
Buyers importing art works and/or items into the United States of America should note that US Customs may charge an additional import duty upon the importation of (i) products manufactured or created in mainland China and (ii) printed materials (including photographs, prints, lithographs, books and designs) printed in the UK or Germany.
Technologies:
The buyer acknowledges that the auction house cannot guarantee the continuous or secure operation or access to any “online” technologies. All technologies are subject to, but not limited to, failures, outages, and or delays. The auction house will not be held liable for any claims or alleged losses related to the use any technologies or processes used in the auction.
Resale of art works:
The Purchasers hereby:
· represents and warrants that their identity and their address as stated above are true, correct and complete; and
· agrees that he/she/they will not sell, convey, transfer, lease, lend (except to a museum or an art institution) or otherwise dispose of (or attempt to sell, convey, transfer, lease, lease, lend or otherwise dispose of) any of the Artwork, during a period of three years starting from the date of this invoice other than by mandating de PURY as his exclusive agent to carry out the transaction.
The buyer expressly agrees that if he fails to comply with this provision, he/she/they will promptly indemnify the auction house to an amount equal to the difference between (i) the selling price of similar artworks in perfect condition of the artist at the last public auctions and (ii) the price you paid for the acquisition of such Artwork.
Proprietary Information:
You the buyer agree that any information posted and/or supplied by, including but not limited to, images, results, customer information by the auctioneer, is for the sole purpose of the buyer participating in this auction. This information is the sole intellectual property of the Auction House and may not, without the written permission of the auction house, directly or indirectly, through any means whatsoever be used or shared for any other reason.
Disclaimer:
The buyer will indemnify and save harmless the Auction House and the seller of the art works and/or items against all claims, demands, suits, actions, causes of actions, damages, costs including lawyer’s fees, or charges including, but not limited to, any encumbrances, environmental claims, deficient taxes, infringement on patents, copyrights or trademarks.
Your Information
You hereby give de PURY, its assigns, licensees and legal representatives the irrevocable right to use my name/photograph/image/audio recording/video recording/ and likeness (“My Image”) in all forms and manner including but not limited to communication to artists the buyers of their works, publication on Internet Web Sites, broadcasts and any other publications as released to or by de PURY reserves the right to use information collected upon receiving a bid card for commercial electronic messages by mean of telecommunications (texting, emailing, social media).
This Agreement shall be interpreted in accordance with the laws in force in Monaco.
The failure of the Auction House to enforce any terms of this agreement in whole or in part or to respond to a breach by the buyer shall not in any way constitute a waiver of the Auction House’s rights to enforce subsequently any term or condition of this agreement or to act with respect to similar breaches.
If any part of this agreement is determined to be invalid or unenforceable then such provision shall be enforced to the maximum extent possible and the remainder of the agreement will continue in full force and effect.
This agreement constitutes the entire agreement between the buyer and Auction House with respect to any auction held by de PURY at which the buyer is a bidder and this agreement supersedes all prior or contemporaneous communications and proposals in any form whatsoever whether electronic, oral or written as between the buyer and the Auction House.