RM reserves the right to reject any bid. The Key to Lot Symbols and/or Legend referenced in the auction catalogue and/or Lot description on www.rmsothebys.com (“Website”) as the case may be; and1.2.5. The auction will also stream live on rmsothebys.com. For RMS London, United Kingdom, auctions:22.2.1. Kindly note all lots must be removed from the auction premises no later than January 25. (Clauses 1.2 to 1.2.5 together are “Contractual Obligations”)1.3. Credit cards are accepted for memorabilia purchases ONLY, not to exceed $2,000 USD. Fill out your profile and receive emails about the types of cars and events you're interested in. View information on collector car auction dates, schedule details, event info, how to register to bid, how to consign, or how to buy tickets for RM Sotheby's. Failure of RM to comply with the terms of this agreement may be in violation of statute, which could result in criminal or administrative sanctions, or both. Once sold, RMS will retain all reasonable expenses, including storage, auction fees if sold via auction, and if sold via private sale, a 20% commission; if there are any remaining funds, these will be returned to the Consignor within 30 business days of the sale.13.6. If the Lot(s) is sold, unless otherwise listed in the Specific Information or the Specific Conditions of the consignment agreement package, the Consignor agrees to pay RMS a Sellers’ Commission as outlined below on the Hammer Price (the last accepted bid is the Hammer Price (“Hammer Price”)) of the Lot(s) (“Sellers’ Commission”). 34. With the Exception of the Twenty Day Window, All Sales Are “As Is” and “Where Is.” No warranties or representations of any type whatsoever are made by RM or any Consignor to the Bidder regarding any Lot(s) offered in an RM sale. If the Bidder does not satisfy and/or meet the Bidder Registration Requirements, RM, at its sole discretion, may not allow the Bidder to register to bid at the auction.7.4. The Consignor acknowledges that, should RMS, at RMS’ sole discretion, determine that the Lot(s) is not safe to operate or move, RMS may rescind the consignment of the Lot(s) from the auction.11.2. If the Buyer of a Lot(s) resides in the EU, according to the EU VAT Directive, motor cars that have been in use for no more than 6 months or that have been driven for no more than 6,000 kilometers are considered new means of transport and will be subject to VAT. With campuses in the cultural capitals of London, New York and Los Angeles, Sotheby’s Institute offers graduate level programs that have become more relevant than ever in an art world that is constantly seeking individuals with art historical scholarship and business acumen. If the Buyer exercises this contract cancellation option, RM is obligated to return any funds paid by the Buyer and cancel the sale. Reserves. In cases where pre-existing Titles do not exist and insurance bonds are necessary, the Consignor will be charged Title Fees on a case-by-case basis.7.4. RM American auctions will be conducted in United States Dollars and all payments are required to be made in United States Dollars. Government/court actions, orders, injunctions, regulations, laws, or non-compliance with applicable rules, regulations, or laws to sell the Lot(s) at the auction that necessitate a cancellation; or17.8. A US$75.00 administration fee or its equivalent in local currency of the auction location (US$85.00 in the State of California) will be assessed per motor car purchased, but this fee will not apply to nostalgia lots. In the spirit of innovation, an exceptional real estate company bearing the Sotheby’s name was launched in 1976. Greece Sotheby's International Realty is the leading luxury real estate agency in Greece. If the Consignor has an opportunity to place the Lot(s) in an auction or sell via private sale, RMS has the right to meet the economic terms of the opportunity and sell on behalf of the Consignor for up to 5 business days from the Consignor providing notice. 1052 Ashford Avenue, San Juan, Puerto Rico, 00907 Licensed [E-139] in Puerto Rico, Culebra & Vieques For further details on requirements to bid, please contact a client services representative at clientservices@rmsothebys.com.8. Our auction calendar includes annual and bi-annual auction events around the world, collection auctions and online only auctions. Sotheby's (/ ˈ s ʌ ð ə b i z /) is a British-founded American multinational corporation headquartered in New York City.One of the world's largest brokers of fine and decorative art, jewelry, real estate, and collectibles, Sotheby's operation is divided into three segments: auction, finance, and dealer.The company's services range from corporate art services to private sales. Notwithstanding the preceding sentences, if RMS has paid any portion of the purchase price to the Consignor, but the purchase price has not been collected from the Buyer of the Lot(s), the Consignor hereby agrees, simultaneously with such payment, to assign to RMS any and all rights that the Consignor may have against such Buyers to the extent of such payment, whether at law, in equity, or under the Contractual Obligations. Please note, payment must be made by certified funds – bank transfer, certified check, cash (over $10,000 USD will be reported on an 8300 form), or personal/company check if accompanied by a Bank Letter of Guarantee. Lusk & Associates Sotheby's International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. If the Lot(s) is not removed for one calendar year from the RM Removal Deadline and other arrangements have not been made, RM has the right to (i) auction the Lot(s), (ii) retain its standard Buyers’ Premium, storage fee, and other applicable expenses, and (iii) return the remaining payment to the Buyer.23. 8 Beds. Material issues regarding title, registration, or transfer of ownership that cannot be reasonably cured or RM believes would expose it to claims or disputes from a third party; 17.6. The full Privacy Policy can be found at the bottom of the RM website homepage under the Privacy & Terms tab. You can expect your title to be couriered to you within 20 business days post-sale, at which time you can register the car at its final destination. (Clauses 8 to 8.2 together are “Purchase Price”)9. Personally tailored emails from RM Sotheby's are just a few clicks away. Bidding at Auction. LIVESTREAM AUCTION WITH LIMITED ATTENDANCE. Occasionally, RMS may own a Lot(s) (and in such circumstances, acts in a principal capacity as the Seller) and/or may have a legal, beneficial, or financial interest in a Lot(s) as a secured creditor or otherwise.2. Fees and charges vary from sale to sale, and for some countries, this is also determined by the value of the Lot(s).33.2. Founded in 1976, the Sotheby's International Realty® brand is a unique luxury network of brokerage agencies offering a wide collection of luxury homes, estates and properties for sale throughout the world. If mediation is unsuccessful, the parties shall proceed to arbitration near Detroit, Michigan, before one arbitrator, and all proceedings shall be conducted in English. Cote d'Azur Sotheby's International Realty boasts a wide range of luxury properties on the French Riviera. Buyers of all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing, are required to pay RM a Buyers’ Premium of 20% (plus VAT on the Buyers’ Premium) on the Hammer Price of those particular lots.9.5. A £5,000.00 CC Hold for RMS London, United Kingdom auctions.21. 22.1.1.1.1. 3.2. By participating in the auction, the Bidder represents and warrants that any bid placed by them, or on their behalf, is not the product of any collusive or other anti-competitive agreement and is otherwise consistent with applicable competition law. If, however, in violation of the foregoing, the Consignor (or his or her agent) bids on his/her/their Lot(s) and becomes the successful Bidder, the expenses, Inspection Report Fee, repair expenses, and Buyers’ Premium on the Hammer Price shall be payable by the Consignor. Any natural disaster that, despite reasonable efforts, restricts RMS from holding the auction; 14.1.2. For purposes of clause 20, Withdrawn Lot(s), of these Conditions, the Buyer’s Premium shall be 15% for motor car lots and 20% for non-motor car lots on the Hammer Price if the applicable Buyer’s Premium has not yet been clearly published in the Bidders’ Conditions of Business. Contingent upon clause 13.2 being satisfied, the Lot’s Title (as long as the Consignor does not owe RMS any money) will be returned to the Consignor within 60 business days or in such other period consistent with clause 6, Exclusivity, of these Conditions.13.4.
22.1.2. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. RM faces significant reputational damages that would cause monetary damages for offering or selling the Lot(s); 17.5. Sotheby's International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Lusk & Associates Sotheby's International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. A reserve price noted in the fillable section of the Auction Consignment Agreement is the lowest bid acceptable to the Consignor. The CC Hold will not be charged to their credit card if the Bidder makes full payment on or before 5:00 p.m. of the next business day following the auction. Auctioneer Sotheby’s saw its Asia sales reach HK$7.2 billion (US$932 million) in 2020, bolstered by a 440% increase in online auctions. Buyers of all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing, are required to pay RMS a Buyers’ Premium of 20% on the Hammer Price of those particular lots. Registration Fee. International bidders are advised to inform themselves of potential import duties that would be due upon arrival of the lot(s) to its final destination. Please work with our administration team post sale to finalize collection details and arrangements by end of day Monday, January 25. This document shall be binding upon the parties and their respective heirs, personal representatives, and assigns. Hawaii properties for sale, Hawaii Real Estate for sale, Hawaii Condos, Apartments & Hawaii MLS property listings search provided by List Sotheby’s International Realty, search your Hawaii dream homes with us now! It is each Bidder’s responsibility to apprise themselves of the Conditions of Business for each auction in which the Bidder wishes to participate. Bidding Restrictions: The Consignor hereby agrees not to bid on his/her/their Lot(s). Buyers of all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing, are required to pay RMA a Buyers’ Premium of 15% on the Hammer Price of those particular lots.9.4. As a leader in luxury Maine Real Estate, Legacy Properties Sotheby's International Realty offers an unmatched blend of local expertise, world-class home marketing power and property exposure. 11. If RM finds that the alleged written statement (that would not have been reasonably found through the Bidder Due Diligence) materially decreases the value or functionality of the Lot(s), RM will work with the Buyer on behalf of the relevant Consignor to reach a solution.3.2.1. Other damages reasonably related to the Bidder’s non-payment.14. RM Sotheby's is the number one classic car and investment quality auction house in the world. 33.1. If the Consignor withdraws one or more of the Lot(s) from the auction after the signing of these Conditions or otherwise sells the Lot(s) in violation of these Conditions, the Consignor will pay RMS the Buyers’ Premium and 50% of the Sellers’ Commission (if the Sellers’ Commission is waived in the Specific Information or Specific Conditions of the consignment agreement package, for the purposes of this clause, the Sellers’ Commission will be 5% of the Hammer Price) that would have been due under these Conditions had the Lot(s) (a) met their reserve; (b) if offered without reserve, then the Lot’s published low estimate; or (c) if no published low estimate, then the Lot’s fair market value as determined by RMS.21. To be clear, the bid price stated by the auctioneer is the prevailing and binding bid price.23. On the weekend of October 23-24, RM Sotheby’s held a live auction of the outstanding Elkhart Collection. Each global franchise is independently owned and operated. If any damage occurs because the Consignor did not properly winterize their Lot(s), it will be the Consignor’s responsibility to cover the damages, and RMS may recoup these damages from the Consignor’s settlement. No-Sale of Lot(s):13.1. Title Transfer. The Buyer is responsible to pay all applicable sales taxes, and any and all other taxes due for which the Buyer does not qualify as exempt, subject to RM verification; proof of exemption is the Buyer’s responsibility. 6.1. RM will use reasonable efforts to avoid cancellation/rescission; however, RM has the sole discretion to cancel/rescind the sale of a Lot(s) and will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission, including but not limited to if RM believes the following events have occurred or have a reasonable chance of occurring:17.1. , telephone, online, or addendums displayed on RMS ’ contractual relationship with the laws of the bid stated! 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