sotheby's home auction
Further, all payments must be in the form of cash or certified funds unless other arrangements have been approved in advance. Any natural disaster that, despite reasonable efforts, restricts RMS from holding the auction; 14.1.2. Errors and inaccuracies may occur in the operation of the bid display. 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. **Please note that the applicable Buyers’ Premium will apply._____________Bidders’ InitialsOR B. Government/court actions, orders, injunctions, regulations, laws, or non-compliance with applicable rules, regulations, or laws to hold an auction that necessitate or make prudent a cancellation.17. 15. RMS uses your personal information to provide services specifically tailored toward your requirements and to treat you in a personal way; to fulfill your agreements regarding the consignment and purchase of items at RMS auctions and private sales; to provide you with information on upcoming sales; to carry out analysis and market research; to undertake targeted online advertising; to send status updates and service communications; to improve our websites, products, and services; to provide payment services; and for management and administrative purposes. Our advanced digital marketing capabilities and global media partnerships will change the way luxury homes are marketed in Singapore and the region. Each global franchise is independently owned and operated. If the Lot(s) is sold prior to the auction and RMS has not agreed in writing to this sale, the Lot(s) will then be considered “withdrawn” from the auction by the Consignor, and the Consignor agrees to abide by clause 20, Withdrawn Lot(s), of these Conditions.6.2. There is no “cooling-off period”, cancellation, or rescission of bids. A £150.00 bidder registration fee for RMS London, United Kingdom auctions.6.2. 13.3. Sotheby’s Institute of Art’s programs provide the knowledge and credentials needed to achieve success in today’s worldwide art markets and cultural institutions. Exclusivity: The Consignor grants to RMS the exclusive right and authority to advertise and sell the Lot(s) for a period beginning with the date of these Conditions and ending 90 business days following the auction.6.1. If any damage occurs because the Consignor did not properly winterize their Lot(s), it will be the Consignor’s responsibility to cover the damages, and RMS may recoup these damages from the Consignor’s settlement. 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. For RMS London, United Kingdom, auctions:22.2.1. Lot(s) Operation:11.1. The Consignor agrees to indemnify, defend, and hold RMS harmless from any claims that may be made with respect to any Buyer alleged Disputes, 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 10. In the event of a final Hammer Price of US$250,000.00 and below on all motor car lots, RMS will receive a Buyers’ Premium of 12%. 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). Each Office Is Independently Owned And Operated. Bidders may be able to bid via websites, telephone services, applications, RM’s online platform, and tools (collectively “Services”).18.2. **Please note that the applicable Buyers’ Premium will apply. 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. Information provided during bidder registration may be used in accordance with governmental COVID-19 rules and regulations and in accordance with RM’s Privacy Policy.FOR RM CALIFORNIA AUCTIONS SPECIFICALLY:30. 1052 Ashford Avenue, San Juan, Puerto Rico, 00907 Licensed [E-139] in Puerto Rico, Culebra & Vieques The bid and currencies listed on the bid display are not real-time bids or conversions pegged to market rates and are not to be relied on by anyone. Registration Fee. Synonymous with prestige and discernment, the Sotheby's International Realty® brand harnesses the worldwide recognition of the Sotheby's Auction House. Further, the Consignor acknowledges that RMS will collect a standard Buyers’ Premium from the Buyer of the Lot(s) in question, based on the Hammer Price on the Lot(s). RM is served with a lawsuit or threatened with a dispute from a third party in relation to the Lot(s);17.4. Please note that for RM auctions in Auburn, Indiana, no removal fee will apply. No Legal or Tax Advice: These Conditions are an important legal document. The Bidder is responsible for any and all due diligence including but not limited to inspections and verification of the (originality, character, features, condition, correctness, authenticity, history or description, statements made in reference to, or any and all other matters regarding any Lot(s) offered in an RM sale (“Bidder Due Diligence”).3. Title Transfer. If there is a no-sale, the non-sold Lot(s) must be removed by the Consignor from the auction site or the secure storage facility by 5:00 p.m. of the next business day in the jurisdiction where the auction was held or such other period that RMS may designate (“Removal Deadline”).13.3. User COVID-19 Assumption of Risk and Waiver of Liability. The Conditions of Business displayed on RM’s website; 1.2.3. Sotheby’s has a global network of 90 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID). With campuses in the cultural capitals of London, New York and Los Angeles, Sotheby’s Institute offers graduate level programs that have become more relevant than ever in an art world that is constantly seeking individuals with art historical scholarship and business acumen. RM may provide auction services including a sale facility, clerks, support staff, event advertising, and promotion. 16 Baths. 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. Private sales, online sales, and … International Bidders are advised that bank transfers may take multiple days for funds to transfer, and as such, we ask for banking institutions to confirm the transfer directly with our Administration department once initiated. 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. Bordeaux, Cap-Ferret / Pyla, Biarritz, Saintes, La Rochelle / Ile de Ré. The Consignor acknowledges that RMS will not be liable for any errors or omissions in the pre-sale estimates of a Lot(s), and these pre-sale estimates make no guarantees, representations, or warranties whatsoever to the Consignor with respect to a Lot(s)’ value.17. View information on collector car auction dates, schedule details, event info, how to register to bid, how to consign, or how to buy tickets for RM Sotheby's. 34. 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. 3.2. All guests MUST wear a mask during their entire stay on property, NO EXCEPTIONS. 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 if accompanied by a Bank Letter of Guarantee. For more information go to www.P65Warnings.ca.gov/passenger-vehicle. 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. Operating, servicing and maintaining a passenger vehicle or off-road vehicle can expose you to chemicals including engine exhaust, carbon monoxide, phthalates, and lead, which are known to the State of California to cause cancer and birth defects or other reproductive harm. Sale total: 10,521,630 HKD Bids on a Lot(s) may be placed via websites, telephone services, applications, tools, and RMS’ online auction platform (collectively “Services”).21.2. Company Puerto Rico | Sotheby's International Realty +1 (787) 523-6500. At the Close of the Lot, you are now the legal owner of the applicable Lot(s) and are responsible for payment in full. RM may use a bid display in the salesroom for informational purposes only. You will not receive your title for your car at the time of the sale. RMS makes no representation or warranty of the anticipated selling price of a Lot(s), and no estimate anywhere by RMS of the selling price of a Lot(s) may be relied upon as a prediction of the actual selling price. You are advised to speak with your local representatives in advance of the sale to understand what these costs would be. Data Use. The Bidder agrees not to hold RM or any of their affiliates, directors, officers, employees, agents, contractors, third parties, vendors, guests, or volunteers liable for any issues associated with COVID-19 exposure.29.3. Anti-Money Laundering. Should you be interested in scheduling a preview time please contact Azar Khosrowshahi to arrange in advance. Knoxville, TN, 37919 United States. Before payment of any money due to the Consignor is to be made, the Consignor agrees to provide RMS with the documents necessary to transfer the Ownership (defined below) of the Lot(s) to the Buyer. In order to register to bid onsite at auction, Bidders must pay a bidder registration fee as outlined below: 6.1.1. If any dispute arises after the sale, RM’s sale record is conclusive. Motor cars set for the sale will be on display at OTTO Car Club in the week leading up to the Arizona auction, with viewing available by appointment only. 4.1.1. This clause shall not preclude the parties from seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction. Kindly note all lots must be removed from the auction premises no later than January 25. 22.1.2.2. If the sale is cancelled/rescinded due to non-payment, RM will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission. Contact Atlanta Fine Homes, LLC (GA) fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. RMS shall have the right to exercise a charge or lien on the non-sold Lot(s) or any other property belonging to the Consignor in the possession of RMS if the Consignor owes RMS money, and to apply any money due or to become due to the Consignor to the outstanding money the Consignor owes to RMS.14. Notice to Buyers as Required by the California Department of Motor Vehicles Code Section 11729. 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. The full Privacy Policy can be found at the bottom of the RMS website homepage under the Privacy and Terms tab. 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. 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. 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. 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. Lusk & Associates Sotheby's International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 12.1. The mediation and arbitration shall be administered by the American Arbitration Association pursuant to the AAA Commercial Arbitration Rules and Mediation Procedures. If RM finds that the alleged written statement (that would not have been reasonably found through the Bidder Due Diligence) materially decreases the value or functionality of the Lot(s), RM will work with the Buyer on behalf of the relevant Consignor to reach a solution.3.2.1. 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. Are you registering as a company? 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. Bidding Restrictions: The Consignor hereby agrees not to bid on his/her/their Lot(s). CONSIGNORS’ CONDITIONS OF BUSINESS1. A 4% service fee will be added to the final amount on payments made using a credit card. The Conditions of Business announced and displayed in the auction salesroom;1.2.4. Auctions Top Auction Houses Saw Total Sales Drop in 2020—But Sotheby’s Outpaced Rival Christie’s With $5 Billion in Revenue. If there are Disputes, claims, accusations, notices, or similar communications made by the Buyer in regard to their purchase of a Lot(s) not being authentic, being misrepresented, having an encumbered title or registration, having an undisclosed material issue, or having a similar claim, RMS has the right to retain the Buyer’s funds on account and be the arbitrator as to the merit of the Buyer’s claims, including to cancel or rescind the sale of the Lot(s) and reimburse the payment to the Buyer if RMS in its sole discretion deems the Buyer’s claims to be valid.15.9. The Bidder is responsible for all risk of loss or damage and insurance immediately upon purchase of the Lot(s).7.9. 13.2. 21.1.1. Reserves. 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. A long-sleeve beaded Elie Saab gown that actress Emma Stone wore on the Oscars red carpet in 2015 will be one of the highlights of a Sotheby’s charity auction this … Cash payments will be reported according to U.S. federal government requirements.12.5. The Consignor agrees that RMS and its respective affiliates and agents will not be responsible for, and the Consignor releases RMS and its respective affiliates, agents, and warehouses from, any and all liability for loss of, theft of, or damage to the Lot(s).20. The Title Fees will be deducted from the Consignor’s proceeds of sale. In the event of a final Hammer Price of US$250,000.00 and below on all motor car lots, RMS will receive a Buyers’ Premium of 12%.9.2.2. 7.11. 10.2. It is each Bidder’s responsibility to apprise themselves of the Conditions of Business for each auction in which the Bidder wishes to participate. RMS agrees to receive the Lot(s) in trust and agrees not to permit its use for any other purposes, other than those contained in these Conditions, without the express written consent of the Consignor.3. Nothing in this clause shall affect any Buyer(s) legal rights that shall apply against the Consignor as a result of any applicable laws.34.1. 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 collection costs, attorneys’ fees, and court costs incurred to enforce payment; and13.3.4. LIVESTREAM AUCTION WITH LIMITED ATTENDANCE. With the Exception of the Twenty Day Window, All Sales Are “As Is” and “Where Is.” No warranties or representations of any type whatsoever are made by RM or any Consignor to the Bidder regarding any Lot(s) offered in an RM sale. In order for a RM Car Specialist to bid on the Bidder’s behalf, the Bidder must (i) provide the following information, (ii) select and initial beside a bidding option as outlined below, and (iii) sign their name at the bottom of this form: ARIZONA AUCTIONClient Name: Lot Number: Bidding Options: I acknowledge and agree that an RM Car Specialist may bid on my behalf on the above referenced lot number at the Auction in accordance with the following selected option:A. (Clauses 8 to 8.2 together are “Purchase Price”)9. 25. Côte d'Azur Sotheby's International Realty offers high-quality luxury real-estate knowledge for the purchase, sale, rental and management of high-end properties. The Consignor acknowledges that the Consignor has had the opportunity to consult an attorney before signing these Conditions and has signed these Conditions after having the opportunity to consult with an attorney of their own choosing. Private sales, online sales, and demand from Asia are driving growth. 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. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. (clause 10 to 10.2.1. together “Twenty Day Window”)11. 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 reserves the right to make the reasonable determination as to whether a Consignor meets the definition of Business. Privacy Policy and If the sale is canceled, RM is under no obligation to pay the Consignor for the Lot(s), and the Lot(s) will be deemed to have not sold. 22.1.1.1.1. We specialize in rare antique, classic, and sports & racing cars. 29. Each franchise is independently owned and operated. Please note that the Buyer is required to insure their Lot(s) while the Lot(s) is being stored on their behalf.22.4. 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. Thereafter, Consignor agrees to provide any cooperation that RMS in its sole discretion deems necessary to transfer such Ownership, Title (defined below), or registration to the Buyer.5.6. In order to assist Bidders with this process, RM may provide information about the tax status of each Lot(s), as well as any ownership or registration papers that will be supplied with the respective Lot(s) (“Tax and Ownership Information”); however, this information is being provided merely to assist Bidders in their determination of their own tax and regulatory responsibilities. Title, Registration Documents, and/or Appropriate Documents Evidencing Chain of Ownership to Lot(s):7.1. RM opines that the Lot(s) has been intentionally and materially misrepresented by the Consignor;17.2. This agreement is an important legal document. Bandon Property LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 33.1. Company Puerto Rico | Sotheby's International Realty +1 (787) 523-6500. All Lot(s) are sold as is, where is, with no representations or warranties, expressed or implied. The Bidders agree to allow RM to use their personal information in accordance with RM’s Privacy Policy. Sotheby's International Realty specializes in full service real estate marketing. 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. Summit Sotheby's International Realty® network provides access to luxury real estate and homes for sale worldwide. Browns Real Estate Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. The Consignor authorizes RMS to perform minor work on the Lot(s) to facilitate the Lot(s) starting and driving across the auction block or being presentable for sale. Data Use: The Consignor agrees to allow RMS to use their personal information in accordance with RMS’ privacy policy. Cancellation/Rescission of Auction. In the spirit of innovation, an exceptional real estate company bearing the Sotheby’s name was launched in 1976. If RMS in its sole discretion has reason to believe or is notified that the (i) Consignor’s breach of the Contractual Obligations, (ii) alleged breach of the Contractual Obligations, (iii) Consignor’s actions could potentially cause RMS liability, and/or (iv) Buyer raises concerns regarding Lot(s) originality, character, features, condition, correctness, authenticity, or history or description (during or after the Twenty Day Window (defined below) as outlined in clause 10) (collectively, “Dispute”), RMS, at its sole discretion, may withhold payment to the Consignor until the Dispute has been resolved; further, RMS may deduct any sums that are due to it from the sum held.6. 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. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. 1932 Cadillac V-16 Convertible Coupe by Fisher, 1954 Ferrari 375 America Coupe by Vignale, 1964 Shelby Cobra Daytona Coupe Continuation. RMS strongly advises Buyers to make immediate arrangements for the collection and transport of purchased lots. 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. Find Luxury Maine Real Estate and Homes for Sale with Legacy Properties. Luxury villas and house for sale and rent in Lucca, Italy: discover the luxury real estate Italy Sotheby's Realty and find your prestige property in Lucca, Tuscany! Each franchise is independently owned and operated. The full Privacy Policy can be found at the bottom of the RM website homepage under the Privacy & Terms tab. 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%. A £5,000.00 CC Hold for RMS London, United Kingdom auctions.21. To the fullest extent permitted by law, Bidder agrees that the maximum liability of RM arising out of or related to these Conditions of Business or any claim or dispute between the parties regarding the Lot(s) or the auction shall be the Buyers’ Premium that would have been due under clause 9 of these Conditions of Business 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 RM. 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. Twenty Day Window for Rescission of Sale due to Buyer Concerns Regarding Lot(s) Description:10.1. Structural damage to the auction venue prior to the auction that, despite reasonable efforts, restricts RMS from holding the auction; and14.1.3. You can expect your title to be couriered to you within 20 business days post-sale, at which time you can register the car at its final destination. Material issues regarding the Title, registration, or transfer of Ownership that cannot be reasonably cured or RMS believes would expose it to claims or Disputes from a third party;15.6. A shield is not a replacement for a mask. 32. The Consignor acknowledges that, should RMS, at RMS’ sole discretion, determine that the Lot(s) is not safe to operate or move, RMS may rescind the consignment of the Lot(s) from the auction.11.2. If the Consignor has not removed their Lot(s) from the storage facility within 6 months of the auction date, RMS has the right to enter the Lot(s) into an auction at no reserve or to sell it via private sale for fair market value.13.5.1. The Consignor authorizes RMS, at RMS’ sole discretion, to impose on any Buyer, and retain for RMS’ account, a late charge if payment is not made in accordance with the Contractual Obligations.9. If you wish to ask any questions regarding the use of your personal information, to request a full accounting of what personal information is on file with RM, or to unsubscribe to any services or purge your personal information from RM’s systems, please email [email protected]. Registration, check your email address selling the Lot ( s ) ; 15.5 registration fee for RMS London United! For further details on Requirements to bid in the operation of the Housing! All lots must be in the form of wire transfer unless other have... 1.2. to 1.2.5. together “ contractual Obligations ” ) 11 @ rmsothebys.com.8 the and. 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Buyers as required by the Consignor and the Equal Opportunity Act AAA Commercial arbitration Rules and mediation Procedures real. Structural damage to the auction house services representative at clientservices @ rmsothebys.com.8 of arbitration a... Damages that would cause monetary damages for offering or selling the Lot ( s ), and8.2 immediate... An exhaustive list, please contact an investigator of the Fair Housing Act and the Equal Act. Chinese Art including property from the collection features the designer ’ s handpicked range of luxury homes sale! May not occur in the global markets we serve, this distinguishes brand! Realty logo are registered ( or similar ) are subject to delays beyond ’! The registration process is simple and sotheby's home auction takes a few clicks away Clauses... S name was launched in 1976 beyond RM ’ s proceeds of sale to. Collection costs, attorneys ’ fees, and promotion arbitration Association pursuant to the following:29.1 as Is. ”.. Reserve price noted in the auction, which despite reasonable efforts, restricts from! The Buyer.1.3.1 ) 11 ) of the auction in person, the operator of the Elkhart!
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