SPECIFIC TERMS AND CONDITIONS

Duration
Start: Tue 20/10/2026 orduak 12:00
End: Mon 23/11/2026 orduak 12:00

1.    Viewing conditions
To book viewings and obtain further details, please use the appropriate section on the Auction page, "Request a Viewing", or contact the following: [email protected] – tel. +39 02 86882269.
2.    Submitting an offer
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.

2.1.    Security deposit
Participation in the auction is subject to payment of a mandatory security deposit equal to 10% of the offered price.
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 
 
in the name of GOBID INTERNATIONAL AUCTION GROUP S.R.L.

Please note:
-    the payment reference must include the reference code issued by the system when submitting the irrevocable offer. 
-    The user must pay the security deposit sufficiently in advance of the deadline for submitting offers.
2.2.    Documentation 
In addition to payment of the security deposit, the User must provide the following documents to be enabled 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, the person in whose favor the Asset will be transferred (the transfer cannot be made in favor 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, proof that an application for a tax code has been submitted to the Revenue Agency must be provided).
•    Valid residence permit, if the Bidder is a non-EU national.
•    If the bidder is married under the community property regime, the spouse's corresponding details must also be provided, together with a copy of their identity document (this document is not required for qualification but will be required in the event of a successful bid).
•    If the bidder is a minor/under legal guardianship/legally incapacitated/subject to supported decision-making, copies of the identity document and tax code of the bidder and the person acting on their behalf, as well as the relevant authorization from the Guardianship Judge.

If the bidder is a LEGAL ENTITY:
•    Company registration certificate (the document must have been issued within the 6 months preceding the date the offer is submitted); if the entity is not registered in the Companies Register, a copy of a valid and up-to-date certificate (dated no earlier than 6 months before submission of the offer) issued by the competent authorities and/or the deed of incorporation/bylaws, and a document evidencing the authority of the person acting as representative must be provided.
•    Copy of a valid identity document of the person acting as the company's representative and, if that person lacks the required authority or is someone other than the legal representative with the required authority, a copy of the document evidencing their authority (e.g. Board of Directors' resolution, power of attorney, etc.).
•    Copy of the tax code of the person acting as the company's representative.
•    Any duly legalized translation of the company registration certificate, if the company is not Italian.
•    Special power of attorney executed or authenticated by a notary, if participating through a representative.

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

3.    Payment of the price and transfer of ownership
The time limits for paying for the Lot awarded and the expenses associated with the sale will begin upon confirmation of the award, after which the transfer of ownership will be completed.
Ownership will be transferred by means of a deed executed by a Notary appointed by the Seller.
Payment must be made by delivering a non-transferable cashier's check payable to the Seller at the notarial closing, which must take place no later than 90 days from confirmation of the award, unless otherwise specified. 
The successful bidder is responsible for all expenses associated with the sale (tax and other charges, statutory taxes, notarial fees); the successful bidder must pay these amounts within the same time limit, unless a shorter period is required to execute the transfer deed and is communicated to them. 
4.    Auction Fees (Buyer's Premium) and payment terms
Irrevocable purchase offers collected during Phase 1, as well as any bids placed during Phase 2, will be subject to auction fees (Buyer's Premium) for the online auction management service.
The successful bidder must pay the Buyer's Premium due to the Auction House Gobid International Auction Group s.r.l., equal to 4,50%, calculated on the final sale price, plus VAT, with a minimum commission of € 500.00, plus VAT.
The Buyer's Premium, plus VAT, must be paid by the successful bidder within 10 days of the award.