SPECIFIC TERMS AND CONDITIONS

Duration
Start: Wed 11/11/2026 ure 12:00
End: Wed 16/12/2026 ure 12:00

1.    Viewing conditions
To book a viewing and for further details, please use the appropriate section on the Auction listing, "Request a Viewing", or contact the following details: [email protected] – tel. +39 02 86882269.
2.    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.

2.1.    Security deposit
Participation in the auction requires 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 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 transfer reference must include the reference code issued by the system when submitting the irrevocable bid. 
-    The user must pay the security deposit sufficiently in advance of the deadline for submitting bids.
2.2.    Documentation 
In addition to payment of the security deposit, to be authorized to participate, the User must provide the following documents 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 name the Asset will be transferred (the transfer cannot be made to a person other than the person who completed the registration, in accordance with the procedure described). 
•    Copy of the tax identification number (if the Bidder resides outside the country and does not have a tax identification number issued by the country's authorities, they must provide proof 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 statutory community property regime, the spouse's details must also be provided, together with a copy of their identity document (this document is not required for authorization to participate, but is 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 identification number 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 registration certificate (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 in the Companies Register, a copy of a valid and up-to-date certificate (dated no more than 6 months before submission of the bid) issued by the competent 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 necessary authority or is someone other than the legal representative with the necessary authority, a copy of the document establishing their authority (e.g. Board of Directors' resolution, power of attorney, etc.).
•    Copy of the tax identification number 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, in the event of participation 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.

3.    Payment of the price and transfer of ownership
The deadlines for paying for the Lot awarded and the expenses related to the sale will commence upon confirmation of the award, following which the transfer of ownership will be completed.
The transfer of ownership will be executed by a deed drawn up 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 shall bear all expenses related to the sale (tax and other charges, statutory taxes and notary fees); the successful bidder must pay these amounts within the same deadline, unless a shorter deadline is required to execute the transfer deed and is communicated to them. 
4.    Auction fees (Buyer's Premium) and payment deadlines
Irrevocable purchase bids collected during Phase 1, as well as any bids made 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.