The VAT is payable by the buyer
and is added to the sale price. Our corporation receives from the buyer a
7% commission over the sale price.
The buyer may, at the
completion of the auction, take delivery of the items he/she has purchased,
after having paid the full sale price, the 7% commission, and the VAT. Delivery
of items is not carried out during the auction.
The buyer is obliged to pay within
7 (seven) days at the latest the price of the item he/she has purchased at
the auction, the 7% commission, and the VAT. The items shall not be
delivered to the buyer unless the afore-mentioned price is fully paid. Our
corporation reserves the right to claim a monthly 10% commercial default
interest via legal procedures in the case that payment has not been
effected within this period.
In the case that the sale price
has not been fully collected within 30 (thirty) days and if deemed
necessary by our corporation, this sales agreement may be invalidated by
ourselves together with all consequences and retrospectively.
Our items have been presented
to examination prior to the auction. For this reason, those who
participate in the auction are deemed to have seen and examined the items in
advance. All information published in the auction catalogue and presented
for the advertisement of the items are only the opinions of the experts.
A buyer who has placed a bid
shall remain responsible for his/her bid until the acceptance of another
bid that has legitimately exceeded his/her bid.
Our corporation reserves the
right to withdraw from auction, sell together with other items, separate, and
decline the sale of any item appearing at the auction, and to carry out
the auction without regard to rank number.
In the case that the items
presented for sale under the scope of this auction do not possess the
characteristics declared, do not conform with the declaration in terms of
origin, or have come out of the possession of the right owner contrary to
his/her consent, the legal responsibility lies with the person demanding
the item to be presented for sale.
The auction is carried out openly.
To place a bid and participate in the auction means to have accepted in
advance all the above-mentioned conditions, and other rights and
obligations belonging to our corporation in connection with these
conditions. (No objection with regard to any flaw in the item may be made
after the sale has taken place.)
Bidding up at the auction is
carried out through the raising of a flag. Our corporation is entitled to
determine the rate of the rise in value at each raising of the flag and to
alter these values that have been determined if necessary.
In accordance with Article 15
of the Municipality Auction Bylaw, our corporation is entitled, without
the obligation to give any reason, to not accept to the auction those whose
addresses it may deem questionable.
Real and legal persons attending
at the auction and purchasing an item at a value of 8.000 –YTL (eight
thousand) or higher shall be subjected to identification in accordance
with law nr. 4208.
Each person undergoing
identification and signing the flag card and thereby participating in the
auction shall be deemed to have accepted the above conditions in advance.
Condition reports may be issued
for items upon request.
