Asian Art 30 January

TERMS AND CONDITIONS OF SALE Any participation in the bidding at Qing-Art auction house involves the unconditional acceptance of the following terms and conditions of sale. 1. The last highest bidder will be the successful bidder. He is obliged to pay the hammer price for the lot with a 30% surcharge for fees and VAT. When you want to join the bidding process during our live auctions via Live auctioneers we will charge you 5% extra on top of the hammer price. Qing-Art auction house reserves the option of refusing any bid, of proceeding with any decision, collection or withdraw of lots without having to account for its decision. 2. Descriptions are deemed to have been made to the best of Qing-Art's knowledge and can never be used as a basis for seeking redress from Qing-Art or as a reason for the buyer to avoid their obligations to take possession of and pay for the goods. Qing-Art cannot be held liable for the accuracy of the descriptions in the catalogue or otherwise made known. No employee of the Qing-Art auction house has the authority to give guarantees in this respect. Consequently, purchasers themselves have to check the nature of the lots and their material condition before the auction. 3. The profits and risks are passed on to the successful bidder as soon as the lot is knocked down to him. However, he will not become the owner until the price and incidental costs have been paid in full. 4. All items are sold 'as is', 'where is', and in the condition they are in at the time of sale. 5. The buyer is solely responsible for payment in full, without being able to call upon another person. Any purchaser is deemed to have acted on his own behalf and is held personally responsible for the payment of the lots sold to him in whatever capacity whatsoever. 6. The buyer is responsible for paying the hammer price + 30% Buyers Premium (VAT included). When you want to join the bidding process during our live auctions via Live Auctioneers we will charge you 5% extra on top of the hammer price. Upon invoicing from Qing-Art auction house, payment is due in full within a week. Payment methods accepted are bank wire transfer, credit card at our location and cash payment not higher than 10.000 Euros. We do accept Paypal but then there is a 6% extra charge on the total amount. 7. If the buyer fails to make full payment within 1 week following the auction, Qing-Art shall charge the Buyer an immediate claimable penalty of 40% of the highest bid. Qing-Art also retains the right to seek additional compensation if actual damages exceed the claimable penalty. Payment of this penalty does not grant the bidder ownership of the items; rather, it serves to relieve the bidder from further collection expenses and legal fees. Failure to make a timely payment will result in the buyer being deemed in default, without the need for additional default notices. Qing-Art reserves the right to accrue interest on the outstanding amount from the due date and may, without limitation, add third-party collection fees, legal expenses, and court costs. The sum of these costs shall not be less than the minimum legal requirements, and they shall be borne by the buyer due to the dispute arising from non-payment. 8. If you cannot attend the public auctions, it is possible for you to fill in a bid form. We can also telephone you during the auction. 9. A written or electronically transmitted bid commits the bidder in the same way as a bidder in the room or over the telephone. For equal bids, the bidder in the room always has priority over any other bidder. 10. Bidders by e-mail or via our website or a portal, or those who have left a written bid form, are obliged to find out about the results of their bids and abide by the same time limits for payment and removal of objects as buyers who are present in the room or on the telephone. 11. A Buyer may bid or participate to public auctions by telephone. In this case, the Buyer must ask to do so by e-mail or website and must give all his contacts details (name, address, telephone and mobile telephone numbers to Qing-Art auction house, this latter being entitled to ask to the Buyer his bank details , recent invoices and personal references. Qing-Art auction house is not responsible or liable for the mistakes of the Buyer in the telephone number or for a false indication of the number of the lot, for problems during the telephone communication (busy line, transmission problems, bad mobile telephone network, interruptions, communication problems with Live online bidding, etc.). If two bids are made on the same lot for the same amount, preference will be given to the bid received firstly. 12. We would like to offer our services for the shipment of your purchases. Our years of experience in professionally packing of fragile goods ensure that we can guarantee the highest quality and safety when packaging your purchases. We have had good experiences with PostNL and DHL Express, which we are happy to use for shipping your purchases. We send all purchases by registered mail. If desired, we offer the option to insure your purchase. Of course, you are free to choose another carrier for the shipment of your purchases. If you give us the task of packing and shipping your items, we are not responsible for any accidents during transport, such as incorrect delivery addresses, loss, or damage (although this has never happened before). But we promise that if something goes wrong, you can always contact us. We will do our utmost to help you contact the logistics company to start the investigation and track your package or file a claim. For packing your purchases, we charge a reasonable fee. If you have any questions or you need more information. Please contact us: www.qing-art.com Email: info@qing-art.com Phone: +31 (0) 20 786 76 99