Proceeds to Consignor:5.1. Force Majeure events including but not limited to:16.1.1. Any dispute, claim, or controversy arising out of or relating to these Conditions of Business or the breach, termination, enforcement, interpretation, or validity thereof, including the determination of the scope or applicability of these Conditions of Business shall exclusively be subject to arbitration, and shall first be subject to mediation as a condition precedent to arbitration. 1.3.1. 16 Baths. Exclusivity: The Consignor grants to RMS the exclusive right and authority to advertise and sell the Lot(s) for a period beginning with the date of these Conditions and ending 90 business days following the auction.6.1. Bidder Due Diligence Responsibilities. For those Bidders utilizing the online service Live Auctioneers for any RM auction, in addition to the applicable Buyers’ Premium, an additional 2% of the Hammer Price will be charged to the Buyer of a motor car lot, and an additional 3% of the Hammer Price will be charged to the Buyer of a non-motor car lot, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing.10. If there is a discrepancy, contradiction, or question of interpretation in a description for a Lot(s), in print, online, or otherwise between the English version of the description and a version produced in a language other than English, the English version will supersede. To be clear, the bid price stated by the auctioneer is the prevailing and binding bid price. RM Sotheby’s will be starting off their 2021 auction calendar with the Arizona sale in which will be held at the OTTO Car Club on January 22. If the Buyer of a Lot(s) resides in an American state in which RM is registered to collect/remit sales tax, RM is required to collect/remit sales tax on the purchase of that Lot(s). The online auction … If you feel RM has not complied with the terms of this agreement, please contact an investigator of the Department of Motor Vehicles.31. Errors and inaccuracies may occur in the operation of the bid display. 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. Privacy Policy and RM Sotheby’s is thrilled to announce a new location for its 22nd annual Arizona sale, kicking off its 2021 auction calendar, at the OTTO Car Club on Friday, 22 January at 1 p.m. MST. 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% (plus VAT on the Buyers’ Premium) on the Hammer Price of those particular lots.9.6. Client Service: Azar Khosrowshahiazar@rmsothebys.com+1 310 559 4575, Administration: Allie Brydgesabrydges@rmsothebys.com+1 519 437 3049, BIDDERS’ CONDITIONS OF BUSINESS 1. RMS is served with a lawsuit or threatened with a Dispute from a third party in relation to the Lot(s);15.4. The Consignor warrants that the Consignor is the sole owner of the Lot(s), and that the Consignor has full right and authority to sell the Lot(s) (“Ownership”).7.3. Bidding at Auction. Please note that it is the Buyer’s responsibility to insure their purchased lot(s) whilst in storage, as insurance is the Buyer’s responsibility once the lot is sold. Its global faculty represent the best of almost every facet of the art world, helping students decipher and master the unique forces at play at the intersection of art and commerce. For RM American and European auctions, all purchased Lot(s) must be removed by the Buyer from either the auction site or the secure storage facility by the next business day by 5:00 p.m. in the applicable time zone where the auction is held (“RM Removal Deadline”). Lot’s Batteries: If RMS receives a Lot(s) with a dead battery, or shows signs of a draining battery, RMS will use commercially reasonable effort to install a new battery, and an automatic $200.00 USD (or the local currency equivalent) replacement fee will be charged to the Consignor. Withdrawn Lot(s):20.1. If the Consignor has not removed their Lot(s) from the storage facility within 6 months of the auction date, RMS has the right to enter the Lot(s) into an auction at no reserve or to sell it via private sale for fair market value.13.5.1. RM faces significant reputational damages that would cause monetary damages for offering or selling the Lot(s); 17.5. 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. The Consignor acknowledges that it is the Consignor’s responsibility to maintain sufficient insurance coverage to permit such driving or moving, and the Consignor specifically agrees to indemnify, defend, and hold RMS harmless, as provided in these Conditions, from any liability that may result from such driving or movement of the Lot(s).13. If you wish to ask any questions regarding the use of your personal information, request a full accounting of what personal information is on file with RMS, unsubscribe to any services, or purge your personal information from RMS’ systems, please email privacy@rmsothebys.com.31. To minimize exposure, avoid breathing exhaust, do not idle the engine except as necessary, service your vehicle in a well-ventilated area and wear gloves or wash your hands frequently when servicing your vehicle. If mediation is unsuccessful, the parties shall proceed to arbitration near Detroit, Michigan, before one arbitrator, and all proceedings shall be conducted in English. Private sales, online sales, and demand from Asia are driving growth. Kindly note all lots must be removed from the auction premises no later than January 25. To register, you can either create an account on the RM Sotheby's website and complete the registration process online, or you can contact Client Service for alternate registration options. Mendo Sotheby’s International Realty, leaders by experience since 1963.. Mendo Realty has existed through fourteen Presidential elections, and innumerable economic cycles for well over fifty years. Malta Sotheby's International Realty. Each franchise is independently owned and operated. Specifically, for RM American auctions: 22.1.1.1. Besides Master’s degrees, Sotheby’s Institute offers programs of study such as summer classes, 15-week semester courses, online learning and executive education. 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; or15.8. The Consignor agrees to accept sole responsibility and liability for any oral or written statements (in any and all mediums) made by RMS that accurately repeat the information supplied by the Consignor as to the originality, character, features, condition, correctness, authenticity, or history of the Lot(s), and also to indemnify, defend, and hold RMS harmless from any claims or Disputes that may be made with respect to any such oral or written statements (in any and all mediums).9.2. 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. Are you registering as a company? 10. Anti-Money Laundering. 1052 Ashford Avenue, San Juan, Puerto Rico, 00907 Licensed [E-139] in Puerto Rico, Culebra & Vieques Our website lets you search property listings globally, and includes a large inventory of luxury homes for sale. 5. 1052 Ashford Avenue, San Juan, Puerto Rico, 00907 Licensed [E-139] in Puerto Rico, Culebra & Vieques RMS faces significant reputational damages that would cause monetary damages for offering or selling the Lot(s);15.5. Cancel/rescind the sale of a Lot(s). Please note that the registration fees outlined in the clauses above are subject to change by any salesroom notice, auctioneer’s announcement at the auction, catalogue update, or website update, and it is each Bidder’s responsibility to apprise themselves of any changes to the registration fees.7. 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. As auctioneer, RMS acts as agent for the Consignor, and a sales contract is made directly between the Consignor and the Buyer.1.3.1. 18.3. Lot(s) descriptions, statements printed in catalogues or online content, pre-mailers, advertisements, brochures, signs, and window cards, as well as verbal statements made by Consignors, auctioneers or auction staff, are based on statements and historical files, if any, collected from the Consignor and other third-party sources, and RM has no obligation to verify or authenticate any such statements. (clauses 1.2. to 1.2.5. together “Contractual Obligations”)1.3. In the event of a final Hammer Price above US$250,000.00 on all motor car lots, RMS will receive a Buyers’ Premium of 12% on the first US$250,000.00 and will receive a Buyers’ Premium of 10% on the Hammer Price above US$250,000.00.9.2.3. Subject to fulfillment of the Contractual Obligations, at the Close of Lot, the contract between the Consignor and the Bidder is concluded and irrevocable.12.2. Please note that RM may waive this requirement at its sole discretion.20.2. A $75.00 (USD) administration fee will be charged per motor car(s) purchased by an individual Buyer, however this fee will not apply to nostalgia lot(s). Exclusive property for sale in Venice Venice Sotheby’s International Realty offers only the best real estate in this most beautiful of cities, as part of the Sotheby’s International Realty ® global footprint of over 1000 offices worldwide, and in close association with Sotheby’s Auction House, providing a synergistic link between fine art and property buyers and investors. Judgment on the award may be entered in any court having jurisdiction. In connection with the auction, RMS will have absolute discretion with regard to the Lot(s) or any RMS auction as to (a) consulting any expert either before or after the sale, (b) researching the provenance, (c) grouping and providing catalogue and other descriptions as may be appropriate, (d) marketing and promotion of the sale, and (e) any other services required to conduct the sale.4. 4.1.1. By participating in telephone bidding, the Bidder acknowledges that RM has the right to record all telephone calls.16. 22.2. In the event of a final Hammer Price above £200,000.00 on all motor car lots, RMS will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium) on the first £200,000.00 and will receive a Buyers’ Premium of 12.5% (plus VAT on the Buyers’ Premium) on the Hammer Price above £200,000.00.9.5.3. THE CONSIGNORS AND RM DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED, AS TO CONDITION, ORIGINALITY, OR AUTHENTICITY; ORIGIN OR PROVENANCE; PREVIOUS USE OR OWNERSHIP; MANUFACTURING OR RESTORATION PROCESSES; YEAR OR AGE; SERIAL NUMBER, MAKE, OR MODEL; OPTIONS AND TOOLS; ENGINE HOURS; AND MILEAGE OF ANY LOT(S) OR COMPONENT OF ANY LOT(S), AND THEY SPECIFICALLY DISCLAIM ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. RM opines that physical damage to the Lot(s), which cannot be sufficiently repaired prior to the auction, occurred after this agreement was formed; 17.3. Consignors agree that they are making use of the Services at their own risk and that the Services are being provided to the Consignors on an “AS AVAILABLE” and “AS IS” basis. Sotheby's Auction House - A Unique Partnership. The full Privacy Policy can be found at the bottom of the RM website homepage under the Privacy & Terms tab. Terms of Service apply. 22.1.1. User RMS makes no representation or warranty of the anticipated selling price of a Lot(s), and no estimate anywhere by RMS of the selling price of a Lot(s) may be relied upon as a prediction of the actual selling price. For RMS London, United Kingdom, auctions:22.2.1. Any dispute, claim, or controversy arising out of or relating to these Conditions or the breach, termination, enforcement, interpretation, or validity thereof, including the determination of the scope or applicability of these Conditions shall exclusively be subject to arbitration, and shall first be subject to mediation as a condition precedent to arbitration. The Bidder is responsible for any and all due diligence including but not limited to inspections and verification of the (originality, character, features, condition, correctness, authenticity, history or description, statements made in reference to, or any and all other matters regarding any Lot(s) offered in an RM sale (“Bidder Due Diligence”).3. Non-Payment. 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. 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. In each case as amended by any salesroom notice or auctioneer’s announcement at the auction. Company Puerto Rico | Sotheby's International Realty +1 (787) 523-6500. 22.1. Sotheby's is the premier destination auctions and private sale of Contemporary, Modern & Impressionist, Old Master Paintings, Jewelry, Watches, Wine, Decorative Arts, Asian Art … Please note that even if a Bidder has satisfied and/or met some or all of the Bidder Registration Requirements for previous RM auctions, all Bidders will be required to satisfy and/or meet the Bidder Registration Requirements for the auction specifically prior to being accepted to bid.7.3. If a Lot(s) is not removed by the RM Removal Deadline, the Buyer will be charged a removal fee of up to US$600.00 and a daily storage fee of up to US$30.00 until the Lot(s) is removed. Title Transfer. Twenty Day Window for Rescission of Sale due to Buyer Concerns Regarding Lot(s) Description:10.1. Bidders who exercise this right is responsible for any and all expenses associated with the Lot(s) including, but not limited to, transportation, duty, storage, insurance, and taxes.34.4. Masks must be worn at all times with no exceptions. The auction, which was held in Elkhart, Indiana featured more … In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. For further details on requirements to bid, please contact a client services representative at clientservices@rmsothebys.com.8. 1052 Ashford Avenue, San Juan, Puerto Rico, 00907 Licensed [E-139] in Puerto Rico, Culebra & Vieques Where applicable, RM may take a deposit from the Buyer equal to the amount of VAT due, which will be refunded upon receiving satisfactory evidence that the motor car has been transported to and registered in another EU country. As used in these Conditions, a “sale” occurs between the Consignor and the Buyer when the hammer or equivalent device or mechanism drops on the Hammer Price or when the auctioneer awards the Lot(s) to the highest Bidder, provided the Consignor is able to receive at least the net reserve price, defined as reserve price minus Sellers’ Commission as agreed in the Consignment Agreement package.5.3. Each global franchise is independently owned and operated. A temporary import bond is used in all EU sales. Atlanta Fine Homes, LLC (GA) fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. If the lot is not removed by this time, a removal fee of $600 per vehicle and a daily storage fee of $30 per vehicle per day. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. The mediation and arbitration shall be administered by the American Arbitration Association pursuant to the AAA Commercial Arbitration Rules and Mediation Procedures. In the event of a final Hammer Price of €200.000,00 and below on all motor car lots, RM will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium).9.4.2. the applicable Buyers’ Premium (defined below). 22.3. Kindly note all lots must be removed from the auction premises no later than January 25. (Clauses 8 to 8.2 together are “Purchase Price”)9. Removal of Purchased Lot(s). Bordeaux, Cap-Ferret / Pyla, Biarritz, Saintes, La Rochelle / Ile de Ré. Data Use. In order to register to bid onsite at auction, Bidders must pay a bidder registration fee as outlined below: 6.1.1. 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. If there are disputes, claims, accusations, notices, or similar communications made by the Buyer in regard to their purchase of a Lot(s) not being authentic, being misrepresented, having an encumbered title or registration, having undisclosed material issue, or having a similar claim, RM has the right to retain the Buyer’s funds on account and be the arbitrator as to the merit of the Buyer’s claims and to cancel or rescind the sale of the Lot(s) and reimburse the payment to the Buyer if RM in its sole discretion deems the Buyer’s claims to be valid. To bid at the auction, a Bidder must satisfy any and all RM bidder registration requirements which include, but are not limited to (i) being at least 18 years of age; (ii) providing RM with a copy of a valid form of government-issued identification; (iii) providing RM with bank letter written on bank letterhead; RM may waive this requirement at its sole discretion; (iv) providing RM with a copy of a credit card; and (v) providing RM with copies of any and all required financial documents including, but not limited to, financial references, guarantees, deposits, and/or such other security, at RM’s absolute discretion, as security for any bid (together “Bidder Registration Requirements”).7.2. Mendo Sotheby’s International Realty Luxury Oceanfront, Oceanview, Residential, Land & Commercial Real Estate on the Mendocino Coast. In the event of a final Hammer Price above €200.000,00 on all motor car lots, RM will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium) on the first €200.000,00 and will receive a Buyers’ Premium of 12.5% (plus VAT on the Buyers’ Premium) on the Hammer Price above €200.000,00.9.4.3. RMA will receive a Buyers’ Premium of 10% on all motor car lots.9.3.2. 33.1. If a Lot(s) is brought into the EU from a country outside of the EU, the Lot(s) must be placed on either RM’s bond in the United Kingdom or one of RM’s nominated customs agencies for Paris, Monaco, or Italy. 15. 10.1. 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. In order to assist Bidders with this process, RM may provide information about the tax status of each Lot(s), as well as any ownership or registration papers that will be supplied with the respective Lot(s) (“Tax and Ownership Information”); however, this information is being provided merely to assist Bidders in their determination of their own tax and regulatory responsibilities. 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.9.3. Contact RM Sotheby’s is thrilled to announce a new location for its 22nd annual Arizona sale, kicking off its 2021 auction calendar, at the OTTO Car Club on Friday, 22 January at 1 p.m. MST. The mediation and arbitration shall be administered by the American Arbitration Association pursuant to the AAA Commercial Arbitration Rules and Mediation Procedures. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. 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. Cancellation/Rescission of Auction: RMS will use reasonable efforts to avoid cancellation/rescission; however, RMS has the sole discretion to cancel/rescind the auction and will not be liable to the Consignor for any losses or damages resulting from the cancellation/rescission if RMS believes the following events have occurred or have a reasonable chance of occurring:14.1. Consumer Protection Rights: If the Consignor is a Business (defined below) AND the winning Bidder is a consumer AND the consumer has a right of withdrawal against the Consignor on the basis of EU consumer protection laws, the Consignor agrees that the Buyer has the automatic statutory right for 14 calendar days after the Buyer is responsible to take possession of the Lot(s) to rescind the sale of the Lot(s) for any reason. Seeking Approval: The Homologation Collection Arrives in Arizona, All-American in Arizona: Icons of American Motoring at RM Sotheby’s Arizona Auction, Attractive Materials: An Alloy-Bodied Boano Ferrari 250 GT in Arizona, World Standard: Awe-Inspiring V-16 Cadillac Convertible Coupe Arrives in Arizona, How It Feels to Drive a RUF: Owner Impressions from a Star of RM Sotheby’s Arizona Auction, Seven Shelbys: America’s Greatest Hits Offered at RM Sotheby’s Arizona Auction, Four Hundred Club: Two Limited-Edition Ferrari Examples Arrive in Arizona, Open-Air in AZ: The Thrill of Top-Down Motoring, All Available at RM Sotheby’s Arizona Auction, New Speed: RM Sotheby’s 2021 Arizona Auction Features Rare and Scarcely Available Hypercars, All-Cylinders in Arizona: A Multitude of Combustion Choices from RM Sotheby’s Arizona 2021 Auction, One of the following: Driver's License, Passport Identification, or ID Card, Credit Card (used for a pre-auction authorization), If registering as a Company, Proof of Company (Incorporation documents, VAT/Tax Number), If registering as a North American dealer, copy of Dealer and Resale Tax Certificate. 16. Bid Display: RMS may use a bid display for informational purposes only. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies. 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. Browns Real Estate Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Plastic face shields may be used in addition to a mask but are not allowed as an alternative. You are advised to speak with your local representatives in advance of the sale to understand what these costs would be. If a Lot(s) is rendered “Title in Transit”, it is unlikely that the Buyers will receive the title in the mail within 20 business days following the auction; however, RM will work to provide the titles to the Buyer as soon as possible. RM Sotheby’s begins its 2021 European calendar in spectacular fashion with its eighth annual Paris sale to be held on 13 February. Verbally or in writing RMS acts as agent for the purchase,,. Waive this requirement at its sole discretion.20.2 binding upon the parties and their respective heirs, representatives! Or implied emails about the types of cars and events you 're interested in on the Bidder s... Kingdom Sotheby 's, the operator of the Fair Housing Act and the Equal Opportunity Act and. If attending the auction Consignment Agreement is the prevailing and binding bid price by... 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