SPECIFIC TERMS AND CONDITIONS

1.       Auction duration
Start: mar 27/10/2026 uri 15:00
End: lun 28/12/2026 uri 15:00

1. Viewing arrangements

To book a viewing or request further details, please use the relevant section on the Auction page, "Request a Viewing", or contact us at: [email protected] – tel. +39 02 86882269.

3.       Submitting a bid

To submit a bid, the bidder must follow the steps set out in the General Terms and Conditions of Sale applicable to this auction, pay the security deposit and submit the required documentation, as specified below.

3.1.   Security deposit

Participation in this auction is subject to payment of a mandatory security deposit of € EUR 50.150,00.

The security deposit must be paid by bank transfer to the following bank account:

MONTE PASCHI DI SIENA SPA
Fabriano Branch
ABI: 01030
CAB: 21100
CIN: K

IBAN: IT 43 K 01030 21100 000000414486  
BIC/SWIFT: PASCITM1K07 
 
Account holder: GOBID INTERNATIONAL AUCTION GROUP S.R.L.

Please note:

• The bank transfer payment reference must include the reference code provided by the system when the irrevocable bid is submitted.
• The user must pay the security deposit sufficiently in advance of the auction closing time.

3.2.   Documentation

In addition to payment of the security deposit, the User must provide the following documents to be authorized to participate, by uploading them in the "My Documents" section or sending them to the certified email address [email protected]:

• Copy of the bank transfer receipt for the security deposit.

If the bidder is an INDIVIDUAL:

• Copy of a valid identity document of the Bidder, who is the person in whose favour the Asset will be transferred (the transfer cannot be made in favour of anyone other than the person who completes the registration, in accordance with the procedure described).
• Copy of the tax code (if the Bidder resides outside the country and does not have a tax code issued by the country's authorities, they must provide proof that they have applied to the Revenue Agency for a tax code).
• Valid residence permit, if the Bidder is a non-EU citizen.
• If the bidder is married under the statutory community of property regime, the corresponding details of their spouse must also be provided, together with a copy of their identity document (this document is not required for authorization to participate but will be required in the event of a successful bid).
• If the bidder is a minor, legally incapacitated, partially incapacitated or subject to supported decision-making, a copy of the identity document and tax code of the bidder and the person acting on their behalf, together with the relevant authorization from the Guardianship Judge.

If the bidder is a LEGAL ENTITY:

• Company registry extract (the document must have been issued within the 6 months preceding the date on which the bid is submitted); if the entity is not registered with the Companies Register, a copy of a valid and up-to-date certificate (issued no more than 6 months before submission of the bid) from the relevant authorities and/or the deed of incorporation/articles of association, and a document evidencing the authority of the person acting as its representative.
• Copy of a valid identity document of the person acting as the company's representative and, if that person does not have the required authority or is someone other than the legal representative with the required authority, a copy of the document evidencing their relevant authority (e.g. Board of Directors' minutes, power of attorney, etc.).
• Copy of the tax code of the person acting as the company's representative.
• If the company is not Italian, any duly legalized translation of the company registry certificate.
• Special power of attorney executed or authenticated by a notary, if participating through a representative.

In the case of a joint bid or a bid submitted through an attorney-in-fact, a specific form must be requested from Gobid Group for submitting the bid and uploaded together with the required documentation. In all cases, a specific notarized power of attorney dated before submission of the bid must also be provided.

4.       Payment of the price and transfer of ownership

Following confirmation of the successful bid, the deadlines will begin to run for payment of the Lot awarded and the costs associated with the sale, after which the transfer of ownership will be completed.

Ownership will be transferred by deed executed before a Notary appointed by the Seller.

All costs associated with the sale (tax and other charges, statutory taxes, notarial fees) shall be borne by the successful bidder, who must pay these amounts within the same deadline, unless a shorter deadline is required to execute the transfer deed and has been communicated.

5.       Auction fees (Buyer's Premium) and payment terms

The successful bidder shall pay the auction fees (Buyer's Premium), plus VAT, to Gobid Group for administering the auction.
The charge will be applied as set out in the following table:

The Buyer's Premium shall be subject to a minimum charge of € 500,00 (+ 22% VAT where applicable) as the minimum invoiceable fee if the applicable percentage of the sale price is lower.

The basis for calculating the Buyer's Premium is divided into several brackets, each of which is subject to a decreasing rate as the brackets increase.

For each successful bid price, the corresponding Buyer's Premium will be the sum of the commissions calculated on each relevant bracket, in accordance with the method set out in the table above.

The Buyer's Premium, plus VAT, must be paid by the successful bidder within 10 days of the successful bid.

As this sale does not arise from insolvency proceedings, the provisions of the Bankruptcy Law and the Code of Business Crisis and Insolvency do not apply. The sale is governed exclusively by the published notice of sale and, where not provided for therein, by the General and Specific Terms and Conditions, insofar as applicable.