SPECIFIC TERMS AND CONDITIONS
To book viewings and obtain further details, please use the dedicated section in the Auction listing, "Request a Viewing", or contact the following details: [email protected] – tel. +39 02 86882269.
To submit an offer, 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 indicated below.
The security deposit must be paid by bank transfer to the following 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:
In addition to payment of the security deposit, in order to be authorised to participate, the User must provide the following documents by uploading them in the "My Documents" section or by sending them to the certified email address [email protected]:
If the bidder is an INDIVIDUAL:
If the bidder is a LEGAL ENTITY:
In the case of a joint offer or an offer submitted through an attorney-in-fact, a specific form must be requested from Gobid Group for submission of the offer and uploaded together with the required documentation. In all cases, a specific notarial power of attorney dated before the offer is submitted must also be provided.
Upon confirmation of the successful bid, the time limits will begin to run for payment of the Lot awarded and the expenses associated with the sale, following which the transfer of ownership will be completed.
Ownership will be transferred by means of a deed executed before a notary appointed by the Seller.
Payment must be made by delivering a non-transferable cashier's cheque payable to the Seller at the notarial deed signing, which must take place no later than 120 days after confirmation of the successful bid, unless otherwise specified.
The successful bidder shall bear all expenses associated with the sale (tax and other charges, statutory taxes and notarial fees); the successful bidder must pay these amounts within the same time limit, unless a shorter time limit is required to execute the transfer deed and is communicated to them.
The successful bidder shall pay the auction fees (Buyer’s Premium), plus VAT, due to Gobid Group for managing the auction.
The charge will be applied in accordance with the terms set out in the following table:
| PROGRESSIVELY TIERED DECREASING BUYER'S PREMIUM | |||
| From - to | € 0,00 | € 500.000,00 | 4% |
| From - to | € 500.001,00 | € 1.000.000,00 | 3% |
| Over | € 1.000.001,00 | 2,5% | |
The Buyer’s Premium shall be subject to a minimum charge of € 500,00 (+ VAT at 22% where applicable) as the minimum billable commission if the percentage applied to the sale value is lower.
The calculation basis for the Buyer’s Premium is divided into several tiers, each of which is subject to a decreasing rate as the tiers increase.
For each successful bid price, the applicable Buyer’s Premium shall be the sum of the commissions calculated on each respective tier, in accordance with the terms 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 Business Crisis and Insolvency Code do not apply. The sale is governed exclusively by the published sale notice and, where not provided for therein, by the General and Specific Terms and Conditions, insofar as compatible.