SPECIFIC TERMS AND CONDITIONS

By submitting a bid, the bidder declares that they have fully reviewed and accept these terms of sale and all documentation made available. If a notice of sale is attached to the auction listing/advertisement, by submitting a bid the bidder declares that they have reviewed and accept the conditions set out therein, of which these terms of sale are an extract. The bidder also declares that they have examined and accepted all documentation made available for the purposes of participating.

Duration of the bidding period 

Start: Tue 03/11/2026 ώρα 12:00
End: Thu 03/12/2026 ώρα 12:00

Viewing arrangements:

to book viewings and for further details: [email protected] – tel. +39 02 86882269


Deposit

Participation in the bidding process is subject to payment of a mandatory security deposit equal to 10% of the bid price.  

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 
 
in the name of GOBID INTERNATIONAL AUCTION GROUP S.R.L.


Participation Rules

Participation in this sale is governed by the conditions set out in the attached Notice of Sale, which the user must consult.

Availability of Lots

Any registrations relating to pre-emption rights, records of attachment orders and preventive seizure orders, and any other encumbrances affecting the assets offered for sale, will be cancelled pursuant to Article 108 of the Bankruptcy Law once the sale has been completed and the price has been paid in full. All cancellation formalities will be carried out at the buyer's expense.

Payment Deadline

Lots awarded to the user must be paid for in full within 120 days of the award.

The Buyer’s Premium due (plus VAT) must be paid within 10 days of the award.

Costs relating to the sale payable by the buyer (tax and other charges, statutory taxes and notarial fees) must be paid within 120 days of the award.



Buyer’s Premium: A percentage-based fee + VAT will be added to the hammer price of each lot, including in the case of bids received within the time limit set out in Article 107, paragraph 4 (Bankruptcy Law).
 
 
The percentage-based fee mentioned above will be applied according to the method set out in the following table:

BUYER'S PREMIUM DECREASING IN PROGRESSIVE TIERS Over € 500.000,00 2,5% From - to € 0,00 € 500.000,00 3%

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

For each hammer price, the corresponding Buyer’s Premium will be calculated as the sum of the fees calculated on each respective tier, according to the method set out in the table above. 

The Buyer’s Premium will be subject to a minimum charge of € 500,00 (+ VAT at 22% where applicable) as the minimum billable commission if the applicable percentage of the sale price is lower


VAT on the Lot: The applicable VAT rate may vary as provided by law and will be calculated on the hammer price of each lot (where applicable).


In the event of any disputes concerning the interpretation of the provisions contained in the general and specific terms set out on the platform, which may have been translated into other languages, the Italian version of the text shall prevail.