Modern and Contemporary Art - Gigarte n.19

BUYER'S PREMIUM RATE The awarding of the items for sale will be charged to the customer for 27% including buyer's premium rate and VAT. SHIPPING DETAILS We ship via TNT, Fedex, UPS and DHL courier (we choose the best solution basing of final destination address). Prior to dispatch, we send the customer an estimate, including insurance, so that he can choose the service we offer or appoint his own courier company. Shipping of the goods will take place upon payment with proof of payment. We do not ship goods on delivery. The goods will be shipped with national couriers only using the insurance service for an amount equal to 3% of the total amount of the purchased goods (shipping costs excluded). Alternatively, the Customer may use its own trusted carrier services, thus relieving Gigarte from responsibilities related to shipping services for which Gigarte relies on third parties. In order to deliver the goods purchased at auction, the successful bidder undertakes to provide all the instructions and indications necessary for the exact and rapid execution of the shipment. EXPORT FROM ITALY For all lots that can be dated before fifty years, export is subject to the regulations of the Italian Ministry of Cultural Heritage and Activities - Export Office. Gigarte cannot provide any guarantee on the issue of the certificate of free circulation nor on the time required for it. The issue of the relative certificates of free circulation is at the customer's charge. Failure to issue or delay in issuing any licence does not constitute a cause for cancellation of the sale, nor it justify late payment by the customer of the total amount due. PAYMENT The accepted methods of payment are bank transfer, credit card (Visa, Mastercard and similar) with payments handled through PayPal. In case of credit card transaction will be required an additional 3% for service fees. Payment for the purchased items must be received within and not later than 15 days from the date of the auction. In case of default by the customer, the auction house is authorized to cancel the sale. All payment details will be communicated to the customer at the time of the lot's awarding. Gigarte Auction house also reserves the right to take legal action for damages suffered in case of non-payment and / or withdrawal of the Lots awarded at auction. WITHDRAWAL OF AWARDED LOTS You can personally withdraw awarded lots only after receiving our confirmation of payment or only by appointment to be agreed in advance. It is essential to agree on an appointment to guarantee the actual withdrawal of the goods to those concerned. RESALE RIGHT An additional percentage will be applied to the artworks subject to the resale right as follows: 4% for award price between Euro 3,000.00 and Euro 50. 000.00; 3% for award price between euro 50,000.01 and euro 200,000.00; 1% for award price between euro 200,000.01 and euro 350,000.00; 0.5% for award price between euro 350,000.01 and euro 500,000.00; 0.25% for award price higher than euro 500,000.00. The total amount of the compensation cannot be in any case higher than euro 12,500.00. COMPETENT COURT Any dispute relating to the validity, interpretation, execution, termination of the contract of carriage and of the present General Terms and Conditions shall be subject to the exclusive jurisdiction of the Court of PISA, which shall judge according to Italian law. Should any term or condition of this agreement be declared invalid or unenforceable, such determination shall not affect the other provisions of these General Terms and Conditions, which shall remain in force for the remainder.