AUGUST FINE ART AUCTION

The bidding for this auction takes place online only. The rugs and other items may be viewed by appointment at our Mechanicsville, Virginia gallery or warehouse. All items are offered and sold through The Rug Life LLC (Hereinafter "TRL") shall be offered and sold on the terms and conditions below. By registering for any TRL auction and/or by bidding at any TRL auction, the Purchaser/Bidder or their agent (?POB?) agrees to be bound by these terms and conditions. 1. All items are sold as-is. All sales are final. No returns. No refunds. No exceptions. 2. A 30% Buyer?s premium will be added to the hammer price of each lot sold. 3. The photographs are part of the description. POB should examine them carefully before bidding. Unless otherwise expressly stated in writing, any description of a Lot is based solely on visual impressions, and is given solely for identification purposes, and does not create any warranty, expressed or implied, or representation by TRL. 4. All items are sold as-is, where-is, how is, with all faults, known, apparent or otherwise. TRL does our best to describe the items. Our descriptions are in no way to be interpreted as a guarantee of any kind as to authenticity, age, condition, attribution, provenance, authorship, completeness, size and/or materials. The descriptions of item(s) appearing in the auction, and in advertising prior to the auction, are believed to be correct. However, ALL DESCRIPTIONS ARE OPINIONS AND NOT FACTS. POB shall be the sole judge of value, condition, age, genuineness, authenticity, defectiveness, attribution, provenance, authorship, completeness, or any other determinative bidding factor. Neither those descriptions nor any oral statements made by TRL, consignors and/or employees concerning any item shall be construed as a warranty, either expressed or implied. 5. POB acknowledges that all items were available for inspection prior to the auction and, by these terms, TRL strongly encouraged POB to carefully inspect each item in which POB had any interest to determine the item?s nature, quality, condition, authenticity, quantity and size. POBs rely solely on their personal inspection and not on information listed in the auction listing or otherwise provided by TRL and employees. POBs failure to inspect, or otherwise to be fully informed as to the nature, quality, condition, authenticity, quantity and size of any item will not constitute grounds for any claim, adjustment, refund, termination of the contract for sale, or refusal to close the sale, against TRL. 6. POB is responsible for all bids transmitted from POBs computer or from POBs Bidder Account. If a Winning Bid is sent from POBs computer or using POBs Bidder Account, POB will be the financially responsible for payment to TRL, either directly or through TRLs online auction platform. 7. POB may not retract a bid that has been acknowledged by TRL or that has been submitted online. POB acknowledges and agrees that it is acting in reliance on tendered bids in the conduct of the Auction, and that bid retraction is disruptive and interferes with the Auction, and that, as an inducement for TRL to accept POBs Registration, and to grant POB bidding privileges, and for POB to bid at the Auction, POB agrees not to withdraw or to attempt to withdraw any bid tendered by POB. 8. POB assume all risks associated with POBs access to the Auction, including the Online Auction Platform, the premises of TRL, and any other physical location associated with TRL or the Auction. Any person may be denied access to the Auction, the Online Auction Platform, and the premises of TRL or any other physical location associated with TRL or the Auction. TRL reserves the right to post truthful reviews of POB, including blocked Bidders, on social media and elsewhere. 9. Shipping and insurance are the responsibility of the POB. POB?s bids are not contingent upon shipping, including, but not limited to, costs. POB must be aware of the shipping costs before POB places a bid on an item. 10. Shipping is not perfect or near perfect. This why all shippers, including but not limited to UPS, USPS and FEDEX, offer insurance. If POBs are not picking up their items, we recommend that POBs insure POBs items with their respective shipper. If POBs are shipping jewelry or art, we HIGHLY recommend that POBs insure these items. AGAIN, IF POB?S ARE SHIPPING JEWELRY OR ART, WE HIGHLY RECOMMEND THAT POB?S INSURE THESE ITEMS FOR SHIPPING. 11. For some of our rugs and books, TRL may offer free shipping or flat rate shipping for those items. Free or flat rate shipping ONLY APPLIES to items that will be shipped within the continental United States of America. Regular shipping rates will apply to any POB?s that reside outside of the continental United States of America, including but not limited to Hawaii, Alaska, all U.S. Territoires and all foreign countries. If offered during an auction, free or flat rate shipping will be listed in the lot description, on a lot by lot basis. Large rugs or mansion size rugs will be excluded from free or flat rate shipping, unless otherwise agreed to in writing. 12. TRL does offer free local pick ups. All local pick ups are by appointment only. POBs must schedule local pick ups with John by calling John at 908-875-5603 or by emailing John at john@rug-auction.com. All invoices must be paid prior to svheduling a local pick up. 13. Shipping, insurance, packaging and handling of purchased lots is at the risk and expense of the POB. TRL shall not, under any circumstances, be liable for the loss, theft or damage to item(s), including, but not limited to selection of shipper, the acts or omissions of any shipper or the acts or omissions occurring in packing for shipment. Failure by the POB to arrange or pay for the shipping shall not constitute a reason for cancelling the sale, or refunding any monies for the any bids that the POB won. 14. No statements made at the sale, on the invoice or elsewhere shall be deemed as such a representation or warranty or subject TRL to liability. All weights and measurements are approximate. 15. All prints, lithographs, giclees, serigraphs, photomechanical prints and etchings that are offered in TRL?s auctions are all copies of the original works and may be signed by the artist in one of two manners. The first manner is ?signed.? This means that the artist?s signature has been copied along with the piece. This piece was not individually signed by the artist?s own hand, but rather the artist?s signature was added to the print plate or print lay out. The second manner is ?hand signed? by the artist. This means that the artist signed this copy, usually in a limited-edition numbered series, by the artist?s own hand. In this case, we will usually describe where this signature is located on the piece and the type of instrument used to sign this item. POBs failure to understand this well-known distinction of signature types shall not constitute a reason to cancel a sale after the auction has concluded. 16. All prints, lithographs, giclees, serigraphs, photomechanical prints and etchings that are listed in TRL?s auctions are all copies of the original works. Even if the piece is hand signed by the artist, these pieces are always considered ?after? the artist or ?attributed? to the artist. TRL also states that the POBs should understand that these pieces are not original works by the artist. POBs shall be the sole judge of authenticity, attribution, provenance, value and authorship. 17. TRL may provide In-house, Certificates of Authenticity (COA) for certain items listed in their auctions. All of the information in these these COAs are a matter of opinion and not fact. These in-house COA?s only guarantee the authorship or identity of the creator of this item, but does not extend to titles or other identification of offered items or descriptions of physical condition and size, quality, rarity, importance, provenance, exhibitions and literature of historical relevance, which information appears on this Certificate of Authenticity. Although our best judgment is used in descriptions and the appropriate use of terms, and due care is taken to ensure the correctness of the supplemental information contained in these in-house COAs, the guarantee does not extend to any possible errors or omissions therein. It is the POB who must authenticate the statements listed in these in-house COA before a bid is placed in the auction. Failure by a POB to authenticate the statements listed in these in-house COA prior to bidding does not constitute a reason to cancel a sale after the auction has concluded. 18. Some of the items in our auctions come with Certificates of Authenticity (hereinafter COA) that were acquired when TRL acquired the item. TRL does not produce these COAs and we state that we acquired all these COAs with the items. TRL does not guarantee the accuracy or veracity of any COA. It is the POB who must authenticate the COA before a bid is placed in the auction. Failure by a POB to authenticate a COA prior to bidding does not constitute a reason to cancel a sale after the auction has concluded. 19. If the rules of TRLs online auction platform state that any absentee bid cannot be cancelled within 2 hours of the start of the auction, then it will be TRL?s responsibility to enforce this same rule. 20. All estimates or appraisals of value, as might be listed at the auction or elsewhere, are statements of opinion as to the range of the price a willing POB might pay for the item at auction, or in the open market. The actual price paid at auction or subsequently, may vary substantially from the estimates. TRL shall not be liable for any such differential. If and to the extent the High Estimates and Low Estimates are used in an auction, they are merely a guide. POBs may not rely on High Estimates or Low Estimates as a prediction of the Hammer Price or the value of any Lot, or for any other purpose. High and Low Estimates are not a guaranty of price or value, and are not an indicator of the possible re-sale value of any Lot. High Estimates and Low Estimates do not include the Buyer?s Premium. 21. All appraisals obtained by TRL are estimates of insurance replacement value only and are a qualified opinion only. The actual price paid at auction or subsequently, may vary substantially from the appraisals. TRL shall not be liable for any such differential. 22. Some lots in the sale may be subject to a reserve. The reserve is a confidential minimum price. 23. All items are sold to the highest POB. The TRL has the right to not accept any bid. Bidding may be reopened at the TRL's discretion. The TRL reserves the right to withdraw any item and to reoffer the item at another time. 24. All items purchased from TRL must be paid in full within 3 days after the auction date. If the invoice is not paid within 3 days after the auction, TRL may, at its own discretion, consider the sale void. 25. All items purchased from TRL must be removed by the POB within 21 days after the auction date. Items left after 21 days will incur a $10/day storage fee per item. After 21 days, TRL may, at its own discretion, consider the sale void. 26. All items not being picked up at our Mechanicsville, Virginia Gallery, can be shipped by companies from our suggested list of shippers. TRL will charge a $20.00 fee to package each item and deliver it to the POB?s choice of shipper. POB must contact the shipping company directly after the auction to arrange shipment, and payment for shipping. 27. TRL strives to deliver all rugs in a clean condition to the winning POB. TRL washes many of these rugs at their facility. This is done after the auction, but before pickup. While TRL does a more than adequate job of cleaning these rugs, TRL will not be able to get any rug 100% clean, nor will it be able to fully remove every stain or blemish. TRL predominantly auctions pre-owned rugs, and there is to be an expected amount of wear, abrash and minor staining on these rugs. TRL is unable to clean mansion sized rugs, or any silk or alt silk rugs. 28. Some of the rugs that are auctioned by TRL are made with antique vegetable dyes, or dyes that are not colorfast. Therefore, the colors in these rugs will sometimes bleed when they are washed. If POBs are concerned with this, please inform us before we wash POB?s rug. TRL will not offer any refund for a rug due to bleeding of dyes that occurred after we washed POB?s rug. 29. Payments accepted; Cash (in house only) - Credit cards (MasterCard, Visa, American Express & Discover) - PayPal, Venmo, Zelle, Wire Transfer or Cashier?s check. 30. If a winning POB has not paid for their item(s) within three (3) days of the end of an auction, TRL may automatically charge the POBs credit or debit card, that is listed within the online auction platform. By entering the TRL auction, no matter which online auction platform it may be, the POB agrees to having their credit or debit card charged for any items that they won during that auction for items that POB may bid on. 31. Any right of the POB under this agreement or under the law shall not be assignable, and shall be enforceable only by the original POB and not by any subsequent owner or any person who shall subsequently acquire any interest. No POB shall be entitled to any remedy, relief or damages beyond return of the property, rescission of the sale and refund of the purchase price; and without limitation, no POB shall be entitled to damages of any kind. 32. All paid items left over 21 days, either at our offices or at UPS/FEDEX/USPS, will be considered abandoned, and no refunds will be issued by TRL. 33. If a POB fails to pay for a purchased item, or otherwise does not comply with these Terms and Conditions, the POB shall be in default. In addition to all remedies available in law, the POB shall be liable for the entire Purchase price and any collection costs assotiated with TRL attempting to collect monies owed by POB to TRL. Additionally, at the option of TRL, TRL may either cancel the sale and retain all payments made by POB as well as retain all item(s) of POB in our possession as security against payment of the sums in default, and/or we may re-offer the item(s) for sale, at auction or privately, without reserve. POB shall be liable to TRL for the additional fees, commissions and costs on both sales (including handling, storage and court costs and attorney's fees) resulting from the cancellation or resale of the item(s) and in the event of resale, and any deficiency which may result. POB will have no right to any profit from such resale. 34. By registering for TRL auction, POB agrees that any telephone number or email provided may be used to contact the POB about future auctions by TRL only. The POB may opt out of receiving any of these notices at any time. 35. Limited Guarantee: TRL makes every effort to accurately describe all items offered in its sales/auctions. The descriptions carry a limited guarantee. It is a guarantee to protect any POB against major discrepancies that would have a major effect upon the value of the item. Under no circumstances do we guarantee against anything less than a major discrepancy that would have less than a major effect upon value. This limited guarantee covers authenticity, major restoration or repair not described or clearly visible, damages not disclosed in description or clearly visible in pictures, counterfeits, reproductions or major fabrications not disclosed in the description or not clearly visible in any pictures posted. Examples of what we do not guarantee against are imperfections, slight damages, abrash (fading in rugs), loose threads, holes less than 1 inch in diameter in rugs, handling marks, natural imperfections, undisclosed blemishes, finish differences, wood-to-metal fit issues, surface cracks or chips in wood, dings and dents, bore condition, and other similar differences that are inherent in the art, rug, book, antiques and collectibles industry. It is the POB's responsibility (present, absentee or online POBs) to determine by inspection, by themselves or by a hired professional, to know the exact condition of each item prior to bidding on the item. Should TRL deny an authenticity issue dispute of the buyer, and the buyer is not satisfied, the buyer may, at his or her own expense, obtain the written opinion of two mutually agreed upon recognized experts in the field of the disputed item. The final decision of those experts will determine any refund consideration. This limited guarantee is only available to the buyer of record. Please also refer to Post Sale Return Policy at end of terms. Except as stated by this limited guarantee above, TRL will not be held responsible for typographical errors. Neither we nor any consignor, make any guarantees, warranties, or representation, expressed, or implied, regarding any auctioned item or the correctness of the online listing or other description of the authenticity of authorship, physical condition, size, quality, rarity, importance, provenance, exhibition, literature or historic relevance of the property or otherwise. It is the POB's responsibility to initiate contact with TRL and make a request for additional information regarding the auctioned items prior to bidding. Submit all questions regarding upcoming auction items at least 48 hours prior to the date of auction. We will make every effort to answer all submitted questions in a timely manner. We will do our best, but cannot promise, that questions submitted within 48 hours of the auction date will be answered prior to the auction. All items will be available for preview approximately one (1) week prior to the auction. 36. Post-Sale Return Policy: TRL makes every effort to ensure the auction item descriptions are accurate and that they fully disclose any exceptions to condition, this includes pictures of the items. Pursuant to the Limited Guarantee listed above, any buyer who has made their payment within the due date of 5 calendar days who wishes to report a problem, must notify TRL within three calendar (3) days of receipt of their purchased item. Buyers who have not made their payment within the due date of 5 days may not return any items under any circumstances. No lots purchased by floor POBs (including those POBs acting as agents for others) may be returned. Please refer to TRL limited guarantee herein. A Return Authorization Number (RA#) must be issued by TRL before a POB ships anything back to our address. Any items arriving without a return authorization will not result in a refund to the POB. The item in question must be shipped at the buyer?s expense, with the RA# on the outside and inside of the package, with full insurance, so it arrives at TRL within one week of the aforementioned authorization. Any returned item must be returned in the exact condition it was in when we sent it out or no refund will be given. 37. Privacy Policy: This privacy notice discloses the privacy practices for The Rug Life LLC (TRL). This privacy notice applies solely to information collected by liveauctioneers.com on behalf of The Rug Life LLC. This policy will notify any POB of the following: What personally identifiable information is collected from a POB, how it is used and with whom it may be shared, What choices are available to a POB regarding the use of POBs data, The security procedures in place to protect the misuse of POBs information and How POB can correct any inaccuracies in the information. We are the sole owners of the information collected on our website. We only have access to/collect information that POB voluntarily give us via email or another direct contact from that POB. We will not sell or rent this information to anyone. We will use POBrs information to respond to a POB, regarding the reason POBs contacted us or to notify a POB about a future of a TRL auction at Lliveauctioneers.com. We will not share POBs information with any third party outside of our organization, other than as necessary, to fulfill a POBs request, e.g. to ship an order. Unless a POB ask us not to, we may contact a POB via email or text message in the future to tell a POB about new auctions, specials, new products or services, or changes to this privacy policy. A POB may opt out of any future contacts from us at any time. A POB can do the following at any time by contacting us via the email address or phone number is given on our website, or by typing ?STOP? at the bottom of any text message or by clicking the ?Unsubscribe? link at the bottom of any mass email. A POB can also contact us to see what data we have about a POB if any, change/correct any data we have about a POB, have us delete any data we have about a POB, Express any concerning a POB, or have about our use of POBr data and Security. We take precautions to protect POBs information. When a POB submit sensitive information via the website or through liveauctioneers.com, POBs information is protected both online and offline. Wherever we collect sensitive information (such as credit card data), that information is encrypted and transmitted to us in a secure way. While we use encryption to protect sensitive information transmitted online, we also protect POBs information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment. If POB feel that we are not abiding by this privacy policy, POB should contact The Rug Life immediately by emailing The Rug Life through the liveauctioneers system. 38. Modification: No modification or amendment of these Terms and Conditions shall bind TRL unless contained in a writing signed by TRL, except as may be posted, published or verbally announced at time of sale. 39. TRL has no relationship with any third-parties or subsequent POBs of Lot(s), and no third-party or subsequent POBs may rely on any statements or descriptions made by TRL, nor will TRL have any liability to such persons or entities. POBs agree to indemnify TRL and to hold TRL harmless from and against any and all claims made by third-parties or subsequent POBs of any Lot(s) purchased by POB. 40. No Credit Card Chargebacks: POB agrees that POB will not, under any circumstances, initiate a credit card chargeback with respect to any purchases at the Auction. POB further agree that if, in violation of these Terms and Conditions, a credit card chargeback is initiated, these Terms and Conditions will be conclusive evidence of POB?s agreement not to initiate a credit card chargeback. POB acknowledges and agrees that on the presentation of these Terms and Conditions to the bank, credit card company, or other financial institution that issued the credit card on which charges were made, such bank, credit card company, or other financial institution will reverse or deny any credit card chargeback, and will re-credit all amounts to or for the account of TRL. If, in violation of these POB Terms and Conditions, POB initiate a credit card chargeback, even if successful, POB will remain liable for all purchases made at the Auction, and POB will be responsible for all costs and expenses, including attorneys' fees and collections fees incurred by or on behalf of TRL in challenging the credit card chargeback and in collecting payment. POB?s agreement not to initiate a credit card chargeback is a condition to POB?s Registration as a POB, and for the privilege of bidding at the Auction, and is being made as an inducement for TRL to accept POB?s Registration and to permit POB to bid at the Auction. TRL is relying on POB?s agreement not to initiate a credit card chargeback in accepting POB?s Registration and in permitting POB to bid at the Auction. 41. Successors and Assigns: These Terms and Conditions shall be binding on all the heirs, assigns of the POBs, and inure to the benefit of TRL's successors and assigns. 42. Governing Law; Jurisdiction; Venue: These Terms and Conditions will be governed by and construed in accordance with the laws of the Commonwealth of Virginia, including its statutes of limitations, but without regard to its rules governing conflict of laws. All claims, disputes, and other matters between the parties will be brought in the state courts sitting in Hanover County, Virginia, which courts will have exclusive jurisdiction, and will be the exclusive venue, for any and all such claims, disputes, and other matters. This Jurisdiction will also apply to any slanderous or libelous statement(s) made by either party against the other party. By submitting a POB Registration and placing a bid, POB irrevocably and unconditionally (i) agree that any claim, suit or cause of action relating to these Terms and Conditions, the Auction, Certificate of Authenticity or the transactions contemplated hereunder, will be brought in the state courts sitting in Hanover County, Virginia; (ii) consent to the jurisdiction of such courts for any such claim, suit or cause of action; (iii) waive any objection that POB may have to the laying of venue of any such claim, suit or cause of action in such courts; and (iv) waive any objection to the bringing of such claim, suit or cause of action in such courts on the grounds of forum non conveniens. 43. POBs are not entitled to Incidental or Consequential Damages, to the extent that POB smay be entitled to any remedies in connection with the Auction, the sole and exclusive remedy available to POB is a return, from TRL, of (i) the Hammer Price actually paid, and (ii) an amount equal to the Buyer?s Premium. Under no circumstances will TRL be liable for incidental or consequential damages, including, without being limited to lost profits or reduced productivity. POB further acknowledges and agrees that POB is not entitled to specific performance or other equitable relief. 44. POBs agree to accept all notices and service of process relating to dispute resolution or lawsuits filed by TRL at the address provided by POB on any registration forms required to be executed as a condition of bidding in our auction. If POB changes their address, they must notify TRL by certified mail. Once payment has been made, TRL will package POBs purchased item(s) and contact them with a shipping quote, or provide POB with the weight and measurements so that POB may arrange their own shipping, or print (and attach) any label provided by Live Auctioneers for these purchased items.

If you have not contacted The Rug Life to arrange payment within 3 days of the time that invoice is sent, we will charge the credit card you used to register for the auction for the amount of your invoice.

Online purchases from The Rug Life may be subject to sales tax. Please see the following for more details. If you are tax-exempt, you can submit your tax-exempt certificate to prevent the collection of tax. Learn more about tax-exemption.