CHINESE WORKS OF ART AUCTION

1. All property is sold "as is", "where is", with any and all faults. Any condition statement is given as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. T.L Antiques LLC shall have no responsibility for any error or omission. The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections, restorations or the effects of aging. ALL SALES ARE FINAL. NO REFUNDS, RETURNS, EXCHANGES, OR REFUSALS. There are no warranties or representations of merchantability, of fitness, nor of any kind, express or implied. Your bid will signify that you have examined the items as fully as you desire, or that you have chosen not to examine the item. Property is open to the public for thorough inspection during business hours, and is the bidder's responsibility to determine condition, etc. T.L Antiques LLC is not responsible for any variations in appearance of online photographs. 2. All statements contained in the catalog or in any bill of sale, invoice or elsewhere as to authorship, period, culture, source, origin, measurement, count, quality, rarity, provenance, importance, exhibition and literature of historical relevance, or physical condition ARE STATEMENTS OF OPINION AND NOT REPRESENTATIONS OR WARRANTIES. No employee or agent of T.L Antiques LLC is authorized to make on their behalf or on that of the property owner any representation or warranty, oral or written, with respect to any property. 3. A bid shall be conclusive proof that the person has made themselves acquainted with these conditions of sale and has agreed to be bound by them. 4. The buyer shall be the highest bidder. Should a tie or dispute arise between two bidders, the auctioneer may, at his discretion, reopen the bidding between the two high bidders until the property is sold. 5. The price recorded by the auctioneer and/or auction clerk takes priority and will be official. 6. To maintain the continuity of the sale, it shall be the duty of the auctioneer to advance the bidding at his own discretion, and may reject a nominal or fractional advance, should it, in his opinion prove injurious to the sale. 7. In the case of lots upon which there may be a reserve price, the auctioneer shall have the right to bid on behalf of the consignor. Consignors are not allowed to bid on their own property. 8. Before any purchases are allowed to be removed, full payment must be made in cash or by other means as announced by the auctioneer before the sale. Unless exempted by law, the purchaser shall pay any and all applicable taxes. T.L Antiques LLC reserves the right to hold purchases where payment is made by check until notified by the bank that the check cleared. T.L Antiques LLC reserves the right to require a bank check for large purchases. 9. Telephone, Absentee and Internet bids must be paid no later than 5:00 PM Eastern Time the third business day following the conclusion of the auction. Bidders will complete absentee or phone bid providing valid credit card information. 10. Upon the fall of the hammer or when the Auctioneer says, "SOLD," title on the property shall pass to the highest bidder, who thereupon assumes full risk and responsibility. All lots shall be removed from the premises by the purchaser at his own risk and expense within the time period announced by the auctioneer, and if not removed, may be sent by T.L Antiques LLC to a storage facility, for the account, risk and expense of the purchaser. 11. T.L Antiques LLC shall, as a courtesy, undertake to make execution bids (or absentee bids) for responsible parties in their absence, yet reserves the right to decline to do so and in no case shall be responsible for failure to do so. Please leave payment (unless otherwise instructed not to do so) in the amount of the bid with the accompanying name and address. The difference between the sale price and the bid, or the whole payment if the bid fails, will be returned within 72 hours after the conclusion of the auction. Removal of merchandise shall be in accordance with other conditions listed herein. 12. In certain instances, in order to bid on a specific lot or lots, a minimum refundable deposit of 30% may be required. The winning bidder will have their deposit applied toward the sale. Non-winning bidders who have posted a deposit will have their deposit refunded within 72 hours after the conclusion of the auction. Payment in full is due in cash, credit card or certified funds at the conclusion of the auction, but no later than 5:00 p.m. on the next business day following the auction. T.L Antiques LLC reserves the right to hold purchases where payment is made by check until notified by the bank that the check cleared. 13. A 25% buyer's premium will be added to the sale of each lot, plus applicable taxes, unless exempt by law. 14. T.L Antiques LLC, the Auctioneer nor Consignor shall be liable for any personal injury on the premises where the sale shall be held. 15. Purchaser is responsible for all costs of shipping. T.L Antiques LLC will recommend local UPS stores as a convenience to purchasers, but assumes no responsibility for their actions. T.L Antiques LLC allow buyers to contract their own shipping company as a convenience to purchasers, but assumes no responsibility for their actions. 16. If the foregoing conditions or any other applicable conditions herein are not complied with, in addition to other remedies available to T.L Antiques LLC and the Consignor by law, including, without limitation, the right to hold the purchaser liable for the bid price. T.L Antiques LLC, at its option, may either (a) cancel the sale, retaining as liquidated damages all payments made by the purchaser, or (b) resell the property publicly or privately, and in such event, the purchaser shall be liable for the payment of any deficiency plus all costs, including storage, the expense of both sales, T.L Antiques LLC commission at its regular sale and all other charges due hereunder, and incidental charges. 17. It is our policy to protect the identity of any and all bidders and Consignors at our sales, whether the bidder or Consignor is present or has left an execution (absentee) bid with the T.L Antiques LLC. 18. T.L Antiques LLC and/or the Auctioneer, reserves the right to pass or withdraw any lot before or during the sale. 19. Final authority in all matters related to authority to bid and bidding rests solely with T.L Antiques LLC and the auctioneer conducting the sale. This applies to bid increment (the auctioneer may, on occasion, change increments at any point during a sale at his discretion, and may employ different "standard"Â increments), absentee bidding, retracting a bid, re-offering a lot, or any other situation. Competing bids at the same level may be placed simultaneously in the salesroom. The auctioneer has sole discretion as to which bid is accepted during the sale. 20. All lots are offered with reserve unless otherwise announced or advertised as "Absolute." 21. Our sales take place on our premises or premises over which we have control, and we have the right, exercisable at our complete discretion, to refuse admission to the premises or attendance at an auction. 22. All weights and measurements are approximations. Additional Terms and Conditions For Internet Bidders T.L Antiques LLC is not liable for malfunctions, errors or omissions (hardware, software, electronic, human or otherwise) whether or not due to T.L Antiques LLC fault or negligence, resulting in the inaccurate transmittal of bids, the failure to execute bids or any other irregularity. 1. These terms and conditions have been added to our standard Terms and Conditions for bidders using Live Auctioneers. Use of LiveAuctioneers.com allows bidders to enter bids "live," that is, as property is offered for sale, just as if the bidder is present at the sale. 2. Bidders must register with LiveAuctioneers.com to participate in online bidding. 3. You hereby authorize T.L Antiques LLC to verify the information you have provided with the appropriate third parties. 4. T.L Antiques LLC Terms & Conditions define and control the relationship with our clients, despite the bidding venue or method the bidder employs. In the case of any disputes or conflicts between our Terms and Conditions and those of LiveAuctioneers.com, T.L Antiques LLC Terms and Conditions control. 5. Purchaser is responsible for all costs of shipping. T.L Antiques LLC will recommend carriers and packers as a convenience to purchasers, but assumes no responsibility for their actions. T.L Antiques LLC allow buyers to contract their own shipping company as a convenience to purchasers, but assumes no responsibility for their actions. 6. Bid increments may be changed at any time at the auctioneer's discretion. In some cases, these increments may not reflect those pre-programmed into the online bidding system. The auctioneer's decisions are final. 7. The online catalog may not always reflect the actual sequence of the auction or the lots to be presented. In some cases, the online catalog cannot be modified to accommodate last minute changes, such as withdrawal of an item, a revised description or estimates. T.L Antiques LLC will make every effort to alert online bidders of such changes at the time the lot is presented (or not, in the case of withdrawal), but we do not guarantee that we can do so in every case and assume no liability if we cannot. 8. Right of Rescission - Online bidders are assumed to have the same access to information regarding the items for sale as other bidders, including those who participate in person. T.L Antiques LLC has no responsibility to refund your bid or renegotiate bid price after you have received and inspected the property, unless the specific tests for bid rescission as defined in the general auction Terms and Conditions of sale. 9. Successful Internet bidder's purchases receive an invoice from T.L Antiques LLC after end of the sale. 10. T.L Antiques LLC is not responsible for any variations in appearance of online photographs. 11. Condition statements are given as a courtesy to the client, and are only an opinion and should not be treated or relied upon as a statement of fact. T.L Antiques LLC shall have no responsibility or liability for any error or omission. The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging.