Pacific Art Drawing (niue)

Condition 1 Description of Goods

Ripple Art Auctions can not be held responsible for the accuracy of descriptions in the catalog any other statements, such as, but not limited to: period, artist, type of wood, fabrics, alloys, ceramics, porcelain, diamonds, precious metals and the age of items.

Condition 2 Payment 

Once the auction is over, you will receive an invoice via e-mail from our team. The buyer is solely responsible for payment in full, without being able to call upon another person.

The buyer is responsible for paying the hammer price + 20% Buyers Premium in addition. Upon invoicing from Ripple Art Auctions, payment is due in full within 48 hours. Payment is welcome by bank wire or pay-pall to the account specified on the invoice 

All costs and fees for the transfer should be borne by the buyer.

Payment through Paypal is subject to a surcharge of 5%.

Please do not hesitate to contact us for any questions you might have.

The invoice is payable within 7 (seven) days from the end of the auction.

Condition 3 Rights of Responsibilities of the Buyer 

a 

Ownership shall pass only upon payment in full. Any items not paid in full will be returned to the consignor on the 29th day after the auction. The purchase contract will then be null and void. Partial payments made on an invoice shall be deducted from the penalty mentioned in the article 4f.

b

Upon fall of the hammer, buyer is immediately responsible for all items. Ripple Art Auctions is not liable for any damage or theft that may occur after sale has taken place.

c

The buyer is responsible for collecting merchandise immediately after the auction unless otherwise agreed.

d   

Should buyer not make payment in full within 28 days, Ripple Art Auctions shall charge the Buyer an immediate claimable penalty of 35% of the highest bid. Ripple Art Auctions is also allowed to claim extra compensation, should real damages exceed the claimable penalty. Paying this penalty does not entitle the bidder to items, it will only release the bidder from further collection costs and legal expense.

e  

Ripple Art Auctions may ship items at Buyers request and expense for a minimum handling fee of €15 in addition to all shipping charges. However, Ripple Art Auctions is not responsible for any damage or loss of any items due to shipping. Each invoice will be shipped to 1 address. We will not ship items to multiple address.    

f

Should the buyer fail to make timely payment of Ripple Art Auctions invoice(s), the buyer shall be in default without any further notice of default being required. Ripple Art Auctions shall be entitled to increase the amount due by adding interest on the basis of 1% per month as of the due date, without prejudice to its right to increase the amount owed by adding third party collection, lawyer, court and other recovery costs in terms of which such costs shall amount to at least 15% of the principal sum.

Condition 4 Liability of Ripple Art Auctions

a  Ripple Art Auctions is never liable for any damage to any items that may be caused due to the transport process, putting into stock, exhibition or storage. Ripple Art Auctions is also never liable for damage as a result of fire, theft or weather conditions, etc.

b   Ripple Art Auctions is never liable for damage of any sort to paintings, frames, and all parts thereof, such as sheets of glass, matting etc.

c   Under no circumstances will Ripple Art Auctions be liable for company damages, consequential damages, damages to assets may it be either direct or indirect.

d   Ripple Art Auctions is not liable for personal injuries or accidents of any kind, to any person, in or near the buildings or premises. This includes, but not limited to when placing items on consignment, viewing of lots during exhibition, at time of auction, or upon collection of goods. 

e   People entering the property or premises, will do so at their own risk 

f   Once item has been allocated, the Buyer is and remains responsible for the purchased item at all times. Ripple art auctions is by no means responsible for any possible damages that may occur after allocation.

Condition 5

These Terms and Conditions of Sale shall be governed and construed in accordance with Belgian Law only.