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Standard Terms
& Conditions of Sale
- The total purchase
price of each lot shall include the successful
hammer price of the lot together with a buyer's
premium of 15% of the hammer price.
- A Goods and Services Tax
of 5% will be charged on the hammer price
and buyer's premium on all lots except on
items to be shipped out of the Canada. A Provincial
Sales Tax of 7% will also be added to the
successful hammer price and buyer's premium
for all lots purchased by B.C. residents or
for delivery within B.C. Goods shipped out
of province or country must be handled by
a bona-fide carrier and be picked up by said
carrier directly from the offices of the auctioneer.
- Although Westbridge Fine
Art Auction House takes great care and diligence
in cataloguing of lots offered for auction,
all property is sold "as is" and
neither we nor our consignors or agents make
any warranties or representations as to the
correctness of the catalogue entry or other
descriptions contained therein, of the physical
conditions, size, authenticity, or quality.
Prospective bidders should inspect the property
before bidding to determine the condition,
size, and whether the purchaser acquires any
reproduction rights in the property.
- Notwithstanding the preceding
condition, if the purchaser can provide, within
14 days of the sale of any lot, written proof
from at least two recognised and acknowledged
experts or authorities that the said lot was
incorrectly described in the catalogue, and
if the purchaser returns the said lot within
14 days after such notice in the same condition
as sold, we as agent for the consignor will
rescind the sale and refund the purchase price.
- We reserve the right to
withdraw any property, catalogued or otherwise,
up to, and including the moment of sale.
- If the auctioneer decides,
irrespective of any publicized or catalogued
estimate, that any opening bid is below the
value of the lot offered, he may reject the
bid and withdraw the lot from sale, and if,
having acknowledged an opening bid, he decides
that any advance thereafter is insufficient,
he may reject the advance.
- With the fall of the auctioneer's
hammer, title to the lot being offered will
pass to the highest bidder acknowledged by
the auctioneer, subject to the conditions
set forth herein. The successful bidder thereupon
will pay the full purchase price and assume
full risk and responsibility for the said
lot. At no time will the auction house, nor
its employees nor agents, be liable for any
loss or damage of any kind whether caused
by negligence or otherwise. All property must
be removed by the purchaser at his or her
expense not later than three business days
following its sale and if not so removed a
handling charge of 5% of the purchase price
per month will be payable by the purchaser
until the property is removed.
- Payment in full must be
made on the day of the sale by cash, certified
cheque, travelers cheque, Visa, Mastercard,
or bank draft, unless other arrangements have
been made with the auctioneer prior to the
sale.
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