Such functionality is subject to delays beyond RM’s control. Registration Fee. This document shall be binding upon the parties and their respective heirs, personal representatives, and assigns. The mediation and arbitration shall be administered by the American Arbitration Association pursuant to the AAA Commercial Arbitration Rules and Mediation Procedures. Please note that in order to register to bid at an RM sale, RM requires a hold and pre-authorization to be placed on the Bidder’s credit card, which is dependent on the particular auction as listed in clause 20.2 (“CC Hold”), from the date of registration until the close of the auction. No Legal or Tax Advice. Non-Payment by Buyer: In the event of non-payment by the Buyer, RMS will endeavor to use reasonable efforts to enforce payment from the Buyer; however, RMS shall not be liable to the Consignor for payment. Reserve prices may be lowered at any time by the Consignor, either verbally or in writing, but they may not be raised. Please check the email to complete your registration. It is each Bidder’s responsibility to apprise themselves of the Conditions of Business for each auction in which the Bidder wishes to participate. FOR RM EUROPEAN AUCTIONS SPECIFICALLY:33. RM European auctions will be conducted in Euro and all payments are required to be made in Euro. Translations. A US$2,000.00 CC Hold for RMA American auctions;20.2.3. Are you registering as a company? Explore a large selection of luxury property listings from William Pitt Sotheby's Realty, the premier MA, NY & CT luxury real estate brokerage. RMS opines that the Lot(s) has been intentionally or materially misrepresented by the Consignor;15.2. A 4% service fee will be added to the final amount on payments made using a credit card. RM Sotheby’s is thrilled to announce a new location for its 22nd annual Arizona sale, kicking off its 2021 auction calendar, at the OTTO Car Club on Friday, 22 January at 1 p.m. MST. The Buyer acknowledges that delays in transferring titles, including due to delays at government Motor Vehicle departments happen from time-to-time and, the Buyer will hold RM harmless from any allegations of damages arising out of government delays. 15. If RMS in its sole discretion has reason to believe or is notified that the (i) Consignor’s breach of the Contractual Obligations, (ii) alleged breach of the Contractual Obligations, (iii) Consignor’s actions could potentially cause RMS liability, and/or (iv) Buyer raises concerns regarding Lot(s) originality, character, features, condition, correctness, authenticity, or history or description (during or after the Twenty Day Window (defined below) as outlined in clause 10) (collectively, “Dispute”), RMS, at its sole discretion, may withhold payment to the Consignor until the Dispute has been resolved; further, RMS may deduct any sums that are due to it from the sum held.6. Estimates: Any pre-sale estimates are intended as guides for prospective Bidders. Whenever used in these Conditions of Business, as the contract requires, the singular number shall include the plural, the plural number shall include the singular, the masculine gender shall include the feminine and neuter, the feminine gender shall include the masculine and neuter, and the neuter gender shall include the masculine and feminine.28. A €5.000,00 CC Hold for RM European auctions; and20.2.4. Private sales, online sales, and … The Consignor acknowledges that the Consignor has had the opportunity to consult an attorney before signing these Conditions and has signed these Conditions after having the opportunity to consult with an attorney of their own choosing. **Please note that if this Option is chosen, the Bidder will be required to provide the RM Car Specialist with their bidding instructions either via email or text message. 16 Baths. When a Lot(s) is sold subject to a reserve, the auctioneer may bid on the Consignor’s behalf in an amount not to exceed the amount of the reserve.15. If the Consignor has an opportunity to place the Lot(s) in an auction or sell via private sale, RMS has the right to meet the economic terms of the opportunity and sell on behalf of the Consignor for up to 5 business days from the Consignor providing notice. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Private sales, online sales, and demand from Asia are driving growth. Cancellation/Rescission of Lot(s). Removal of Purchased Lot(s). Government/court actions, orders, injunctions, regulations, laws, or non-compliance with applicable rules, regulations, or laws to hold an auction that necessitate or make prudent a cancellation.17. A US$5,000.00 CC Hold for RMS American auctions;20.2.2. To the fullest extent permitted by law, Bidder agrees that the maximum liability of RM arising out of or related to these Conditions of Business or any claim or dispute between the parties regarding the Lot(s) or the auction shall be the Buyers’ Premium that would have been due under clause 9 of these Conditions of Business had the Lot(s) (a) met their reserve; (b) if offered without reserve, then the Lot’s published low estimate; or (c) if no published low estimate, then the Lot’s fair market value as determined by RM. If the Buyer of a Lot(s) resides in an American state in which RM is registered to collect/remit sales tax, RM is required to collect/remit sales tax on the purchase of that Lot(s). No Legal or Tax Advice: These Conditions are an important legal document. With a global reach and local expertise, our highly-qualified real estate professionals are well … Each franchise is independently owned and operated. You may register to bid in the Arizona sale as an onsite, telephone, online, or absentee bidder. Seeking Approval: The Homologation Collection Arrives in Arizona, All-American in Arizona: Icons of American Motoring at RM Sotheby’s Arizona Auction, Attractive Materials: An Alloy-Bodied Boano Ferrari 250 GT in Arizona, World Standard: Awe-Inspiring V-16 Cadillac Convertible Coupe Arrives in Arizona, How It Feels to Drive a RUF: Owner Impressions from a Star of RM Sotheby’s Arizona Auction, Seven Shelbys: America’s Greatest Hits Offered at RM Sotheby’s Arizona Auction, Four Hundred Club: Two Limited-Edition Ferrari Examples Arrive in Arizona, Open-Air in AZ: The Thrill of Top-Down Motoring, All Available at RM Sotheby’s Arizona Auction, New Speed: RM Sotheby’s 2021 Arizona Auction Features Rare and Scarcely Available Hypercars, All-Cylinders in Arizona: A Multitude of Combustion Choices from RM Sotheby’s Arizona 2021 Auction, One of the following: Driver's License, Passport Identification, or ID Card, Credit Card (used for a pre-auction authorization), If registering as a Company, Proof of Company (Incorporation documents, VAT/Tax Number), If registering as a North American dealer, copy of Dealer and Resale Tax Certificate. If it is found that the Consignor did not properly winterize their Lot(s), the associated costs with checking, filling, and disposing of the antifreeze will be recouped from the Consignor’s settlement; if the Lot(s) is not sold, the Consignor must pay RMS before the Consignor can retake possession of their Lot(s). Purchase Price and applicable taxes;13.3.2. At the Close of the Lot, you are now the legal owner of the applicable Lot(s) and are responsible for payment in full. Please note, payment must be made by certified funds – bank transfer, certified check, cash (over $10,000 USD will be reported on an 8300 form), or personal/company check if accompanied by a Bank Letter of Guarantee. If the Bidder refuses to submit to a temperature check and/or does not wear a mask as outlined, the Bidder must leave the auction premises immediately and/or the Bidder will be escorted from the auction premises by security and, no refunds will be provided.29.6. RMS makes no representation or warranty of the anticipated selling price of a Lot(s), and no estimate anywhere by RMS of the selling price of a Lot(s) may be relied upon as a prediction of the actual selling price. Before payment of any money due to the Consignor is to be made, the Consignor agrees to provide RMS with the documents necessary to transfer the Ownership (defined below) of the Lot(s) to the Buyer. 22.1.1. If you feel RM has not complied with the terms of this agreement, please contact an investigator of the Department of Motor Vehicles.31. RMS American auctions will have the following Buyers’ Premiums:9.2.1. Bidders who exercise this right is responsible for any and all expenses associated with the Lot(s) including, but not limited to, transportation, duty, storage, insurance, and taxes.34.4. Bids on a Lot(s) may be placed via websites, telephone services, applications, tools, and RMS’ online auction platform (collectively “Services”).21.2. If the Removal Deadline is not met, the Consignor will be required to pay RMs (i) a removal fee of up to $600.00 USD and (ii) a daily storage fee of up to $30.00 USD per Lot(s) until full payment and instructions for transport have been received. Thereafter, Consignor agrees to provide any cooperation that RMS in its sole discretion deems necessary to transfer such Ownership, Title (defined below), or registration to the Buyer.5.6. In the event that either party brings action against the other, arising from or relating to this auction, the prevailing party, as determined by the arbitrator or court, shall be entitled to recover its reasonable attorneys’ fees and costs, including through appeals. If the Consignor does not pay in accordance with this clause, his/her/their Lot(s) may be sold without reserve.26. RM is not obligated to release the Lot(s) to the winning Bidder until the Buyer has met all of the Contractual Obligations and paid the Purchase Price plus applicable taxes.13. Sotheby’s auction house is founded, and subsequently earns the reputation as a renowned marketer for many of the world’s most valuable possessions. Our auction calendar includes annual and bi-annual auction events around the world, collection auctions and online only auctions. RM Sotheby's is the number one classic car and investment quality auction house in the world. It is the Buyer’s responsibility to make their own arrangements, but RMS is pleased to offer our clients the services of the following preferred companies: ReliableContact - Bob Sellers413 537 3354bsellers@reliable-carriers.com, CARS Contact - James Walker+44 7908 645 852james@carseurope.net, CosdelContact - Sara Rider925 451 1136 sara@cosdel.com. In the event of a final Hammer Price above £200,000.00 on all motor car lots, RMS will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium) on the first £200,000.00 and will receive a Buyers’ Premium of 12.5% (plus VAT on the Buyers’ Premium) on the Hammer Price above £200,000.00.9.5.3. Browns Real Estate Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 8 Beds. Should the Buyer decide for the Lot(s) to remain in the EU when purchased, the Buyer is responsible to pay any and all import fees for the Lot(s).34. Bidding Restrictions: The Consignor hereby agrees not to bid on his/her/their Lot(s). If the Bidder exercises this right, they are advised to insure the Lot(s) until the Consignor re-takes possession of the Lot(s).ATTACHMENT #1 TO BIDDERS’ CONDITIONS OF BUSINESSRM CAR SPECIALIST AS AGENT FORMThe Bidder may choose to have an RM Auctions, Inc. (“RMA”) or RM Sotheby’s (“RMS”) (RMA and RMS together “RM”) Car Specialist place a bid on a Lot(s) on their behalf during the Arizona auction (“Auction”). 32. In the event of a final Hammer Price above US$250,000.00 on all motor car lots, RMS will receive a Buyers’ Premium of 12% on the first US$250,000.00 and will receive a Buyers’ Premium of 10% on the Hammer Price above US$250,000.00. Besides Master’s degrees, Sotheby’s Institute offers programs of study such as summer classes, 15-week semester courses, online learning and executive education. The Consignor authorizes RMS to perform minor work on the Lot(s) to facilitate the Lot(s) starting and driving across the auction block or being presentable for sale. Although RM endeavors to keep the Services safe, secure, and functioning properly, RM cannot guarantee the continuous operation of or access to the Services or a Bidder’s ability to connect and navigate the Services. RMS will retain a Sellers’ Commission of 20% on all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing.4.2. Anti-Money Laundering. Sotheby's International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Consumer Protection Rights. London Real Estate Listings and England Homes for Sale - United Kingdom Sotheby's International Realty. 18. RM Sotheby’s is thrilled to announce a new location for its 22nd annual Arizona sale, kicking off its 2021 auction calendar, at the OTTO Car Club on Friday, 22 January at 1 p.m. MST. Any dispute, claim, or controversy arising out of or relating to these Conditions or the breach, termination, enforcement, interpretation, or validity thereof, including the determination of the scope or applicability of these Conditions shall exclusively be subject to arbitration, and shall first be subject to mediation as a condition precedent to arbitration. Judgment on the award may be entered in any court having jurisdiction. Kindly note all lots must be removed from the auction premises no later than January 25. The Bidder and any guests in the Bidder’s party, acknowledge the potential risks associated with COVID-19 exposure and voluntarily assume all risks related to exposure to COVID-19.29.2. Legal Action. Title, Registration Documents, and/or Appropriate Documents Evidencing Chain of Ownership to Lot(s):7.1. Specifically, for RM American auctions: 22.1.1.1. A long-established event, RM Sotheby’s 2021 Arizona sale is set to present approximately 80 blue-chip motor cars spanning the spectrum of the market, hand-picked by … Set-Off: If the Consignor owes RMS money from this or an unrelated transaction, RMS may unilaterally retain funds to satisfy the amount owed by the Consignor. To be clear, the bid price stated by the auctioneer is the prevailing and binding bid price.23. Company Puerto Rico | Sotheby's International Realty +1 (787) 523-6500. Savvy. The auctioneer has absolute and sole discretion in the case of error or dispute with respect to bidding and, the auctioneer and RM have absolute and sole discretion, whether during or after the sale, to determine the successful Bidder, to re-open the bidding, to cancel the sale, or to re-offer and re-sell the Lot(s) in dispute. 22.1. This site is protected by reCAPTCHA and the Google If there is a no-sale, any and all fees owing, including but not limited to Title Fees, must be paid to RMS before the Lot(s) is released to the Consignor.13.2. RMS has the right to sell a Lot(s) at a price below the agreed verbal or written reserve, provided that the Consignor receives the same net proceeds as the Consignor would have received had the reserve been met.18.5. Any terrorist event (including resulting governmental restrictions), pandemic, war, as well as any “guideline” or “recommendation” by government (local, state/province, federal/national) and/or accredited health organizations (including the World Health Organization) which despite reasonable efforts restricts RM from holding the auction in its contemplated form.16.2. In the event of a final Hammer Price of £200,000.00 and below on all motor car lots, RMS will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium).9.5.2. Discreet. If any dispute arises after the sale, RM’s sale record is conclusive. The Bidder is responsible for any and all due diligence including but not limited to inspections and verification of the (originality, character, features, condition, correctness, authenticity, history or description, statements made in reference to, or any and all other matters regarding any Lot(s) offered in an RM sale (“Bidder Due Diligence”).3. Each Office Is Independently Owned And Operated. Judgment on the award may be entered in any court having jurisdiction. 19. International bidders are advised to inform themselves of potential import duties that would be due upon arrival of the lot(s) to its final destination. 29.4. If the sale of the Lot(s) is cancelled for any of the reasons outlined in this clause, RMS has the right-of-first refusal to consign and sell the Lot(s) for up to one year from the date of cancellation. NOTE: All onsite bidders and their guests are required to wear a face mask covering their nose and mouth for the duration of their visit to the auction venue (this includes all indoor and outdoor areas). RM is served with a lawsuit or threatened with a dispute from a third party in relation to the Lot(s);17.4. 22.1.2.2. If no reserve, indicate clearly by writing “N/A", “NONE”, or otherwise striking through in the space provided in the fillable section of the Auction Consignment Agreement.18.2. Please ensure that you read and understand these Conditions of Business (“Conditions”) prior to consigning a Lot(s) at this or any other RM Auctions, Inc. d.b.a. Confidentiality of the Buyer(s) Identity: Unless RMS elects to do so in its sole discretion, RMS shall not be required to share or produce the name of Buyer(s) to the Consignor(s) without a court order or except in accordance with government regulation. Founded in 1976, the Sotheby’s International Realty brand is a unique luxury network of brokerage agencies offering a wide collection of luxury homes, estates and properties for sale throughout the world. By participating in the auction, the Bidder represents and warrants that any bid placed by them, or on their behalf, is not the product of any collusive or other anti-competitive agreement and is otherwise consistent with applicable competition law. 29. Summit Sotheby's International Realty® network provides access to luxury real estate and homes for sale worldwide. 22.2.2. Buyers of all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing, are required to pay RMA a Buyers’ Premium of 15% on the Hammer Price of those particular lots.9.4. The Lot(s) will be moved by RM from the auction site immediately following the auction and taken to a secure storage facility and the Buyer will be required to pay RM a moving fee of up to €600,00 plus VAT per Lot(s). Company Puerto Rico | Sotheby's International Realty +1 (787) 523-6500. RM European auctions will have the following Buyers’ Premiums:9.4.1. Except as otherwise expressly provided herein, these Conditions of Business shall not be modified, except in writing. Marketing Fee: The marketing fee is non-refundable and is not credited toward the sales commission.25. Buyers will receive titles in the mail as soon as possible following the auction with a target of a maximum of 20 business days following the auction; however, please note that for reasons beyond RM’s control, including any delays in lien releases by lien holder(s) and/or delays by Department of Motor Vehicles (or equivalent) in certain states, there are instances where the Buyer may not receive the title within 20 business days and, in those circumstances, RM will work to provide the titles to the Buyer as soon as possible. RM Sotheby’s begins its 2021 European calendar in spectacular fashion with its eighth annual Paris sale to be held on 13 February. 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