CONDITIONS OF SALE “ONLINE AUCTIONS”
These conditions are to be read in conjunction with the ‘Conditions of sale’ and our ‘Buyers summary’ found on our website www.rosanreevesauctions.co.uk. In bidding you accept these terms. Rosan & Company T/A Rosan Reeves Auctions
Acceptance of all final highest bids is subject to approval by our client and Rosan Reeves Auctions reserves the right to reject any bids which they feel does not reflect reasonable value.1.1 Registration: a pre- authorisation charge of 0.10p will be applied to your registered card this amount will show as pending and will drop off in a few days.
Access for bidding can be obtained through our website www.rosanreevesauctions.co.uk. or any hosting portal being used. Full details including valid email address must be provided in order to receive approval for bidding.
All lots are sold without warranty or guarantee, and all buyers are encouraged to view prior to bidding.
VAT - Purchasers will be charged Value Added Tax on all lots, where applicable, at the current rates.
5.The purchaser will pay a Buyer’s Premium (BP) at a 20% rate plus VAT on each lot purchased and 15% plus VAT on Vehicle sales. BP is charged on all lots. The premium is not negotiable and will be paid by all buyers. VAT on BP is a UK service amount and payable in all instances including when goods may be exported.
Auction Sniping: In the event of a bid being received within 2 minutes of the scheduled closing time, the bidding period on that lot will automatically extend by 2 minutes and will continue to extend with any bid received when there is below 2 minutes remaining. (IMPORTANT: When bidding, ensure to ‘REFRESH’ your screen so as you are aware of current bids).
Overseas Bidders should contact the office prior to bidding.
Payment Terms: All purchases are to be paid in full, no later than the time and date specified on each auction displayed on the website. All queries regarding payment should be directed to our office team. Successful bidders will be notified by email with an accompanying invoice.
Rosan Reeves Auction will only accept payment from and permit collection of lots purchased by the successful purchaser or their duly appointed agent.
Clearance Terms: All lots must be collected & removed from their location and as detailed in the auction listing or lot description. Clearance will be under the strict supervision of the Auction Staff, any person or persons found to be clearing goods without supervision will be asked to leave the premises. This is to safeguard all parties. Goods may be subject to storage & access charges if collected outside of the Clearance Terms.
Rosan Reeves Auctions does not undertake packaging, postage, delivery or shipment of goods (unless by prior expressed agreement) the bidder must make his own arrangements to comply with the clearance terms.
Clearance of all lots must be undertaken in accordance with Health & Safety at Work Regulations and, where necessary, Construction Design and Management Regulations 1994. You may be required to provide a Work Method Statement and Risk Assessment approved by Rosan Reeves Auctions, prior to removal of any lots. Rosan Reeves Auctions reserve the right to stop clearance if in their opinion, they believe it is being carried out in an unsafe manner or without the Method Statement and Risk Assessment.
Risk: The bidder/buyer is at risk once the buyer is notified of his successful purchases and is strongly advised to effect insurance at once, irrespective of whether title has passed. Title does not pass to the purchaser until payment has been received in full.
Photographs: The images shown on our auctions against certain lots, are representative only; they may not necessarily represent the actual lot item to be purchased.
All electrical items are sold as “Electrical Scrap” and should be “PAT” tested prior to use.
Vehicles: There will be a 15% plus Vat buyer’s premium charge to each vehicle and a £25 plus Vat administration charge. All Vehicles are “SOLD AS SEEN” with no warranties or guarantees.
MAILING: All approved bidders will automatically have their details placed on our database for notification of future sales undertaken by Rosan And Company.
In the event that you wish to have your details excluded from our database, please use the ‘I no longer require updates’ feature within our website (as above) alternatively please notify our Sales Administration Team.
We do not sell or pass on details to any other party.
Please satisfy yourselves on all matters before bidding, ensure that you bid on the correct lot, and remember that all lots are sold as seen, quantities and description are for guidance only and should not be relied on. Also, whilst we believe that the goods are described working, faults are not declared and therefore no goods may be returned. We will make every effort to ensure the safe keeping of goods. However, we will not be held responsible for any damage or loss of goods once a sale has been declared.
CONDITIONS OF SALE
Online Bidding In the event of a bid being received within 2 minutes of the scheduled closing time, the bidding period on that lot will automatically extend by 2 minutes and will continue to extend with any bid received when there is below 5 minutes remaining.
(IMPORTANT: When bidding, ensure to ‘REFRESH’ your screen so as you are aware of current bids).
1. The highest bidder to be the purchaser and if any dispute arises between two or more bidders, the Lot shall, at the discretion of the Auctioneer, be put up again at the last undisputed bidding and resold. The Auctioneers decision on all matters to be final. No person to advance less at each bid than the amount named by the Auctioneer. No bidding to be retracted and the Auctioneer may refuse any bid. The Auctioneer reserves the right to bid or refuse any bidding on behalf of the owners of any Lots comprised in the sale.
2. All prospective purchasers to give in their names to pay down a deposit of £20-part payment towards any Lots purchased, and to pay the remainder of the purchase money on or before delivery by producing the correct bidding number.
3. The Auctioneers act as agents only, title to any lot at no time passes to the Auctioneers. Each Lot as set out in the catalogue or as divided or joined with any Lot or Lots at the sale at the sole discretion of the Auctioneers is “SOLD AS SEEN” with all faults, imperfections and errors description and neither the vendor nor the Auctioneers are responsible for the authenticity attribution, genuineness, origin, authorship, date, age, period, condition or quality of any Lot, therefore a “NO REFUND POLICY” is in place. All statements in the catalogues as to any of such matters are statements of opinion and are not to be taken as or as implying statements or representations of fact. Purchasers are deemed to have satisfied themselves by inspection or otherwise as to all such matters and as to the physical description of any Lot. Neither the Vendor nor the Auctioneers make or give nor has any person in the employment of the Auctioneers any authority to make or give any representation or warranty and in any event neither the Vendor nor the Auctioneers/ staff are responsible for any representation or warranty or for any statement in the catalogue including verbal/written communication.
4. Fitness for purpose and satisfactory quality.
The Seller does not make and does not agree to make any contractual promise, undertaking, obligation, guarantee, warranty, or representation of fact in relation to the satisfactory quality of the Lot or its fitness for any purpose.
The Seller will not be liable for any breach of any undertaking, whether implied by the Sale of Goods Act 1979 or otherwise, as to the satisfactory quality of the Lot or its fitness for any purpose. The Consumer Protection Act 1987: No lots are sold as new.
All customers buyers/sellers must register with us before bidding/ selling and provide us with official proof of identity in the form of a passport or photocard driving licence. No other forms of ID are acceptable.
Proof of address of main residence. Only official documents showing name and address will be accepted.
Both landline and mobile telephone numbers must be provided.
A bank reference for foreign bidders may be requested.
Corporate clients will have to provide a certificate of incorporation prior to the auction,