SPECIFIC TERMS AND CONDITIONS
1.    Auction duration
Start: Fri 23/10/2026 klukka 15:00
End: Tue 22/12/2026 klukka 15:00

2.    Viewing conditions
To book a viewing and for further details, please use the relevant section on the Auction page, "Request a Viewing", or contact the following details: [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 indicated below.
3.1.    Security deposit
Participation in the auction is subject to payment of a mandatory security deposit of € EUR 4.152,00.
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 payment reference issued by the system when submitting the irrevocable bid must be entered as the bank transfer reference. 
-    The user must arrange payment of the security deposit sufficiently in advance of the end of the auction.
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, the person in whose favor ownership of the Asset will be transferred (transfer to a person other than the one who signed up in accordance with the procedure described will not be permitted). 
•    Copy of the tax identification number (if the Bidder resides outside the country and does not have a tax identification number issued by that country's authorities, they must provide confirmation that they have applied to the Revenue Agency for a tax identification number).
•    Valid residence permit, if the Bidder is a non-EU citizen.
•    If the Bidder is married under the community property regime, the spouse's details must also be provided, along with a copy of their identity document (this document is not required for authorization to participate but will be required if the bid is successful).
•    If the Bidder is a minor/legally incapacitated/partially incapacitated/under a support administration order, a copy of the identity document and tax identification number 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 bid is submitted); if the entity is not registered in the Companies Register, a copy of a valid and up-to-date certificate (dated no more than 6 months before the bid is submitted) issued by the relevant authorities and/or the articles of incorporation/bylaws, and a document certifying the authority of the person acting as its representative.
•    Copy of a valid identity document of the person representing the company and, if that person does not have the required authority or is not the legal representative with the required authority, a copy of the document establishing their relevant authority (e.g. board resolution, power of attorney, etc.).
•    Copy of the tax identification number of the person representing the company.
•    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 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 the bid is submitted must also be provided.
4.    Payment of the purchase price and transfer of ownership
The deadlines for payment of the Lot awarded and the expenses relating to the sale will begin upon confirmation of the award, following which the transfer of ownership will be completed.
Please note that the award is subject to the Seller's acceptance of the bid within 20 days of the award date.

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 after confirmation of the award, unless otherwise specified. 
The successful bidder shall bear all expenses relating to the sale (tax and other charges, statutory taxes, and notary fees) and must pay these amounts within the same deadline, unless a shorter deadline is required to execute the transfer deed and is communicated to them. 
5.    Auction fees (Buyer's Premium) and payment deadlines
The successful bidder shall pay the auction fees (Buyer's Premium), plus VAT, due to Gobid Group for managing the auction; the amount will be calculated at 4,00% (plus 22% VAT) of the successful bid price, subject to 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.

Please note that if the Seller declines to confirm the award, the Buyer's Premium paid to Gobid Group by the successful bidder will be refunded within 15 business days of notification of the refusal.