URBAN ART : FAMOUS AND EMERGING ARTISTS

GENERAL CONDITIONS OF SALE MDP AUCTION The sale is conducted by MDP AUCTION as a sales operator MDP AUCTION intervenes as agent of the seller and contracts for this with the purchaser. The relationship between MDP AUCTION and the buyer is subject to these terms and conditions. 1) LOTS OFFERED IN SALES AT MDP AUCTION & CONDUCT OF SALES The submitted lots are only visible on the screen under HD images because no physical exposure expected for internet sales The descriptions are established by MDP AUCTION These same descriptions of the lots are only the expression by MDP AUCTION of his perception and can not engage his responsibility. They are provided for information only, including dimensions, weight, reproduction colors. The lots are sold in the state where they are at the precise moment of their adjudication with their possible imperfections. The reproductions of the online prizes are as faithful as possible. A difference in rendering is nevertheless possible due to the definition level of the shots. As a result, no claim will be accepted once the award has been made. Likewise, the estimates mentioned are purely indicative and can not be considered as constituting any guarantee. The duration of the sale and the date and time of the end thereof are indicated on the sheet of each lot. The reference time is Paris time. Any person has the option to bid on the lot of his choice during the duration of the sale, the auction not being fixed by the auction system. The successful tenderer will be the person who will have raised the highest bid at the end of the sale equal to or greater than the reserve price indicated on the sheet, it being specified that the reserve price can not exceed the low estimate of the lot. . In the event that the reserve price has not been reached, no adjudication will be pronounced and the lot will be withdrawn from the sale. The adjudication will be pronounced by MDP AUCTION in charge of the sale. It will be materialized by sending an email to the successful bidder by Live Auctioneer acting for this purpose as a provider of MDP AUCTION. At any time, MDP AUCTIONS reserves the right to withdraw a lot offered for sale until the closing of the sale. In addition, the bidder who wishes may use the coordinates of MP AUCTION available on the sheet of each lot in order to transmit to the latter a purchase order, according to the terms that will be explained by MDP AUCTION. 2) AWARD OF TENDER, SALES FEES AND PAYMENT. In addition to the hammer price, which corresponds to the highest bid, the buyer will have to pay a commission of 20% VAT in addition to the hammer price, including VAT applicable on the amount of the commission 7.7%. Foreign buyers must inquire before sale and comply with import and export rules between Switzerland and the country of destination. If the amount of VAT exceeds CHF 50, it can be refunded upon presentation of export documents validated by Swiss customs. Will be applicable the provisions for French buyers: rights of continuation if it is necessary The sale is conducted in euros. The payment of the prizes and the taxes and charges relating thereto shall be made in the same currency or by any other currency. The payment of the lot will take place in cash, for the full price, fees and taxes, even if it is necessary to obtain an export license. The purchaser may pay the sums due by bank transfer or credit card payment. From MDP AUCTION. The delivery of the lots will be against payment. Thus the ownership of an item awarded is transferred to the Buyer as soon as the Auction Price and the commissions and VAT in addition have been paid in full and that MDP AUCTION has allocated these payments to the corresponding item. 3)TRANSPORT OF MERCHANDISE DOOR TO DOOR Transportation surcharge on quote for home delivery will be send to the buyer 4) APPLICABLE LAW AND JURISDICTION Any dispute relating to the sale is subject to the exclusive application of Swiss law and the jurisdiction of the Courts of the Canton of Vaud, regardless of the place of the auction and the domicile of the buyer. However, MDP AUCTION may act at the domicile or the place of business of the buyer, or at any other competent jurisdiction.