Organizer of the auction is The Auction House "Artmaximum". By bidding at our auction, whether in person, by phone, absentee bid, or on the internet, you agree to be bound by the following terms and conditions.
The successful bidder is obligated to take and pay for the lot. Payment amount consists of the cost of item and the commission charges 28% (including 5% taken by LiveAuctioneers).
Payment can be made during the auction, after the auction, and during the next 7 days.
The buyer can fulfill the payment in the following ways:
- in cash,
- Wire Transfer,
- by credit card: VISA, MasterCard.
If the buyer fails to collect his purchase within 15 calendar days after the auction, regardless of the payment, The Auction House has the right to store the items at the buyer's expense and to give them to him only after he fulfills the payment of the costs of the storing.
If the buyer fails to fulfill his payment obligations within 30 days after the auction the auctioneer has the right to charge interest on the unpaid amount at the rate of 0.3 % for each day of delay.
If the buyer fails to fulfill his payment within 60 days after the auction the auctioneer has the right to cancel the transaction and require the buyer to recover the amount of both buyer's and seller's commissions charges.
After the buyer fulfills the payment he can pick up his purchase at the auctioneer's office or order the shipping of one of the shipping agencies. The cost of shipping and insurance is paid by the buyer.
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