SPECIFIC TERMS AND CONDITIONS
Auction timing
Starts :
lun 05/08/2019 ore 15:00
Ends :
ven 27/09/2019 ore 15:00
Viewing conditions:
All lots viewings must be booked. Please contact:
info@gorealbid.it – tel +39.0737.782080
Deposit
The present auction is subject to a deposit of
USD 110.000,00.
Deposit has to be paid in one of the following ways:
1- Via bank transfer to the following account:
MONTE PASCHI DI SIENA SPA
Agenzia di Fabriano
ABI: 01030
CAB: 21100
CIN: K
IBAN : IT67E0103021100000000804144
BIC/SWIFT: PASCITM1K07
assigned to GOBID INTERNATIONAL AUCTION GROUP SRL
Lot Price
Price of lot and deposit is expressed in US Dollars (USD). At the end of auction, determined awarding price, the same and deposit will be converted into Euro (EUR) according to exchange rate in force on the day the auction ends.
Buyer's Premium will be calculated on the auction price converted into Euro (EUR) according to the exchange rate in force on the day the auction ends.
Payment deadline
Awarded lots have to be paid in full within 30 days from the provisional awarding and within property transfer.
.
Buyer's premium due has to be paid within 10 days from awarding.
Fees and expenses related to sale on buyer's expense (law fees, notarial fees, fiscal and non fiscal fees) have to be paid in full within 30 days from the provisional awarding and not afetr the date set for the property trasfer.
Buyer's Premium:
A percentage % charge + VAT will be added to the price of each awarded lot also in case of offers received related to art. 107 L.F (Bankruptcy Law).
The above mentioned percentage charge will be applied according to the modes shown in the following table:
|
DECREASING BUYER'S PREMIUM WITH GRADUAL STAGGERS |
|
|
From - to |
€ 0,00 |
€ 200.000,00 |
6% |
|
From - to |
€ 200.000,00 |
€ 500.000,00 |
5% |
|
From - to |
€ 500.000,00 |
€ 1.000.000,00 |
4% |
|
Beyond |
€ 1.000.000,00 |
|
3% |
Example
Awarding price: € 3.731.586,80
|
Calculation base |
B.P. Stagger |
B.P. Amount |
|
€ 200.000 |
6% |
€ 12.000,00 |
|
€ 200.000 - € 500.000 |
5% |
€ 15.000,00 |
|
€ 500.000 - € 1.000.000 |
4% |
€ 20.000,00 |
|
€ - 1.000.000 - € 3.731.586,8 |
3% |
€ 81.947,60 |
|
|
|
|
|
Totale B.P. dovuto |
|
€ 128.947,60 |
The calculation base of Buyer's Premium is divided into different staggers each one corresponding to a rate decreasing when staggers increase.
For each awarding price, the corresponding Buyers' Premium will be given by the sum of the commissions calculated on the referring stagger, according to the modes indicated in the table above.
The successful bidder will be required to pay further a refund of EUR 5,000.00 for the promotional activity carried out according to the sale.
VAT:
Value Added Tax at a rate 22,00% will be calculated on the awarding price and added to it. (where applicable). VAT application may vary according to law depending on the awarding subject
By accepting these conditions, bidder acknowledges and expressly accepts that he undertakes to accept and consider binding all sales conditions contained and provided in attached Sale Notice.
In case of insurgency of any controversy related to the interpretation of the dispositions included in the general and specific terms present in the website translated in different languages, it will be applied the Italian language version of such texts