Post-War & Contemporary Art | 31 October & 1 November 2018

Article 8 Obligations of the Bidder / Buyer

proof of identity upon first request.

8.1. By bidding during or prior to the Auction the Bidder is deemed to fully accept the present General Conditions.

8.10. The Buyer must pay the invoice of the Auction House per return of mail.

8.11. The Auction House has the right to charge the Buyer who does not take possession of a lot bought at Auction within the term provided in article 9, for Costs. 8.12. The Buyer does not have the authority to apply any settlement of his debt with a pretended claim on the Auctioneer.

8.2. The Bidder may not be younger than 18 and must be able to enter into legally binding agreements.

8.3. The Bidder must be entirely independent of the Seller. It is forbidden to bid on one’s own Goods and to force up a Bid. 8.4. It is forbidden to seek contact with the Seller outside of the Auction and to enter into a purchase agreement circumventing the Auction and the Auction House. 8.5. At an Online Auction the Bidder will only be able to Bid after fully completing a digital application form, sending his proof of identity per email, and after being accepted as Bidder by the Auction House. The Bidder will then be given a Venduehuis-­ account and will log in with the user name and password which he has received and / or chosen. 8.6. The Bidder may not transfer his Venduehuis-­ account to others and may not log in with the user name and / or password of another person. 8.7. The Bidder will not undertake any actions which put an unreasonable strain on the infrastructure of the Auction House or which cause damage to the infrastructure or to the Online auctions, or to the good reputation of the Venduehuis and Vendue Next Door. 8.8. Prior to bidding the Bidder must thoroughly and knowledgeably inspect (have inspected) the condition, the characteristics and the description of a lot and form his own opinion about it, including but not limited to the manufacturer, the history, the condition, the quality, the originality or authenticity, the style, the suitability for the proposed use, the value, the estimated sale price, whether a Droit de Suite fee will be due, if a lot has been restored, renewed or repaired, and about the measure in which the item is in accordance with the descriptions and the Bidder must, where reasonably necessary or desirable, request independent advice by experts, while the Bidder cannot rely on photographs or illustrations or other images. If certain flaws or imperfections are mentioned this should be an indication which is not exhaustive and from which the Bidder cannot derive any rights.

Article 9 Handover of the Goods

9.1. The Buyer must take possession of the Goods immediately after full settlement of the money owed and is deemed to be in default without notification if he does not do so. 9.2. Without prejudice to the provisions of article 8.10 the costs of collection are for the account of the Buyer.

9.3. The Auctioneer is entitled to suspend his

obligation to hand over a lot until the Buyer or Seller has fully paid the money owed to the Auction House.

Article 10 Transfer risk

10.1. The risks of damages and / or ruination of the goods to be auctioned remain with the Seller until the Goods have been handed over to the Buyer. 10.2. If the Buyer invokes the right to dissolution or annulment of the purchase on the basis of the provisions of article 12, or revokes the purchase on the basis of article 16, the risks to the auctioned goods immediately return to the Seller, without prejudice to the obligation of the Buyer to immediately hand over the good(s) to the Auction House in the condition in which he received the good(s).

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Article 11 Default by the Buyer

11.1. The Buyer is deemed to be in default without notification when the payment term is exceeded without payment having been made. 11.2. The Buyer must reimburse the Auction House for the damages caused by late payment plus any costs and the legal interests.

8.9. The Buyer must supply his name, address and

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