Terms and Conditions of Sale
These Terms and Conditions of Sale are made by and between
KN TANG&CO. and BIDDER. The Terms and Conditions of
Sale and all contents of the catalogue are subject to amendment
by KN TANG&CO. by the posting of notices or announcement.
By registering, in person or online, you hereby acknowledge and
agree to be bound by these terms and conditions. All property
offered and sold through KN TANG&CO., (hereafter referred
to as the "Company") shall be offered and sold on the terms and
conditions set forth in these Conditions of Sale. By participating in
any sale, you acknowledge that you are bound by these terms and
1. YOU WILL NOT BE APPROVED TO BID ONLINE THROUGH
LIVEAUCTIONEERS UNTIL YOU PROVIDE VALID CREDIT
All other bidding formats require valid credit card information
on registration, telephone and absentee bid forms. KN TANG&CO. will treat this credit card as the method of payment for
all outstanding invoices. We will charge this credit card for any
winning bid at conclusion of auction. If the credit card purchase is
declined at that time, KN TANG&CO. reserves the right to begin
collection proceedings, up to and including legal action. Purchaser
will be liable for all costs associated with those proceedings. YOU
SHOULD PAY IN FULL BEFORE RELEASING THE PROPERTY.
2. ALL PROPERTY IS SOLD "AS IS." KN TANG&CO.
MAKES NO WARRANTIES OR REPRESENTATIONS OF ANY
KIND WITH RESPECT TO ANY PROPERTY OFFERED FOR
SALE. KN TANG&CO. MAKES NO WARRANTY OF
TITLE, WARRANTY OF MERCHANTABILITY OR FITNESS FOR
A PARTICULAR PURPOSE, OR ANY OTHER WARRANTY
OR REPRESENTATION OF ANY KIND OR NATURE WITH
RESPECT TO THE PROPERTY. In no event shall the Company
be responsible for the correctness, nor deemed to have made any
representation or warranty of description, genuineness, attribution,
provenance or condition of the property. All bidders acknowledge
their right to have made or requested full inspection of any and all
properties prior to sale and agree to be charged with all matters
such inspection may have cost.
3. All statements contained in the catalogue or in any bill of sale,
invoice or elsewhere as to authorship, period, source, origin,
measurement or condition are qualified statements. The content
of the catalogue including text, photographs, digital images and
designs are copyright protected and belong exclusively to The
Royal Gallery. Reproduction of any kind is not authorized without
prior written consent.
4. KN TANG&CO.reserves the right to withdraw any property
at any time before the fall of the hammer in its sole and exclusive
5. Unless otherwise announced by the company at the time of
sale, all bids are per lot as numbered in the printed catalogue.
The Company reserves the right to determine any and all matters
regarding the order, precedence or appropriate increment of bids
or the constitution of lots.
6. The highest bidder acknowledged by the auctioneer shall
be the purchaser. In the event of any dispute between bidders,
the company shall have the sole and final discretion either to
determine the successful bidder or to re-offer and resell the article
in dispute. If any dispute arises after sale, the Company's sale
record shall be conclusive in all respects. All sales are final and
returns ARE NOT PERMITTED.
7. If the company determines that any bidding is not
commensurate with the value of the article offered, the auctioneer
may reject the same and withdraw the article from sale.
8. Upon the fall of the hammer, title to any offered lot or article
will immediately pass to the highest bidder as acknowledged in
the exclusive discretion of the auctioneer. Such bidder thereupon
assumes full risk and responsibility for the property sold, agrees to
sign any requested confirmation of purchase, and agrees to pay
the full purchase price therefore as the Company may require. All
property shall be paid for and removed by the purchaser at his/
her expense within ten (10) days of sale and, if not so removed,
may be sold by the Company, or sent by the Company to a public
warehouse, at the sole risk and charge of the purchaser(s),
and the Company may pursue the purchaser(s) through civil
prosecution and/ or bar the purchaser(s) from participating, directly
or indirectly, as a bidder or purchaser in any future sale or sales.
The Company will not be responsible for any loss, damage, theft,
or otherwise responsible for any goods left in the Company's
possession after ten (10) days.
9. Unless exempted by law from the payment thereof, the
purchaser will be required to pay any and all applicable state and/
or local sales taxes, Customs Duties or VATs. Deliveries to be
made outside the state where a sale is conducted may therefore
be subject to a corresponding or compensating tax in another