Mazad et Art is a public auction company.
Mazad et Art acts as the seller's agent.
The auctioneer is not a party to the sales contract, which is exclusively between the seller and the successful bidder.
The general terms and conditions may be modified by notices or oral
during the auction.
GENERAL
The sale is conducted in cash and prices are in dirhams.
GUARANTEES
The seller warrants to Mazad et Art that he is the undisputed owner,
or that he is duly mandated by the undisputed owner of the goods
for sale.
A preliminary exhibition open to potential buyers will allow the seller or any expert who may accompany him to examine the works and personally appraise them. Future buyers
must check the description of the lots and form their own opinion.
to the exclusion of any liability on the part of Mazad et Art.
The indications given by Mazad et Art concerning the existence of a restoration, an accident or an incident affecting the lot, are expressed to facilitate its inspection by the buyer.
inspection by the potential buyer and are subject to his or her personal
or that of his expert. The absence of any indication
restoration, accident or incident in the catalog, reports, labels or verbally
reports, labels or verbally, in no way implies that an item is free from
of any present, past or repaired defect. The mention of
of any defect does not imply the absence of any other defect. No
(accidents, alterations, restorations) will be accepted once the
once the sale has been announced.
ESTIMATES AND RESERVE PRICES
The estimated sale price appears next to each lot in the catalog.
It does not include buyer's expenses or VAT. Dimensions are given for information only.
Estimates are purely indicative and cannot be taken to imply
be considered as implying the certainty that the item will be sold at the
at the estimated price or even within the estimate range. Estimates do not constitute a guarantee of any kind. Estimates may be provided in several currencies; conversions may be rounded off differently from legal rounding.
The reserve price is the confidential minimum price agreed with the seller, below which the property will not be sold.
PURCHASE ORDERS AND TELEPHONE AUCTIONS
Purchase orders must be made in writing using the form available at the
fn of the catalog and downloadable from the website
www.mazadart.com
Conditions" section. The form must be returned to Mazad et Art at least
at least 2 days before the sale, together with a bank account number and a copy of
proof of identity.
In the event of several identical purchase orders, the first received will prevail.
Persons wishing to bid by telephone must return their bid to Mazad et
Art at least 2 days before the sale the form available at the end of the catalog and downloadable from the
www.mazadart.com website under "Conditions".
"Conditions" section, together with a bank details slip and a copy of your identity card.
In either of the above cases, Mazad et Art cannot be held responsible for any execution problems (omission, faulty or busy telephone line).
SALE
Prior to the sale, bidders are invited to make themselves known to
Mazad et Art to register their personal details and obtain a paddle. Without a paddle, it is impossible to bid. The sale takes place
in the order of the lot numbers shown in the sale catalog.
The auctioneer is free to determine the order in which bids are placed
The auctioneer is free to set the order of bidding, and bidders are obliged to comply. Mazad et Art
reserves the right to refuse any bid, to organize the auction in the most
the most appropriate way, to move certain lots during the sale, to withdraw
withdraw any lot from the sale, or combine or separate lots.
Subject to the decision of the person conducting the sale for Mazad
et Art, the successful bidder will be the person who makes the highest bid
provided it is equal to or higher than the reserve price. The
the hammer will mark the end of the bidding and the pronouncement of the word
the word "adjugé" or any other equivalent will trigger the formation of the sales contract
between the seller and the last successful bidder. As soon as the item is sold, the buyer takes full responsibility for it. It is the buyer's responsibility
to insure the lots.
If two bidders have made equivalent bids, the item will be re-sold at the price
will be reoffered for sale at the price proposed by the last bidders, and new
and new bids begin.
All bidders assume full responsibility. The successful bidder will only be able to obtain delivery of the lot after payment
payment of the full price.
The successful bidder shall have no recourse against Mazad et Art in the event of
theft, loss or damage to the lot after the auction.
COSTS TO BE BORNE BY THE BUYER
In addition to the hammer price, buyers will pay a commission of
18% excl. VAT + 19.8% incl. VAT of the hammer price.
SELLER'S EXPENSES
Sellers will pay Mazad et Art a commission of 10.91% excl.
VAT, i.e. 12% incl. VAT of the hammer price.
PAYMENT
Full payment (hammer price, fees and taxes) must be made
immediately after the sale by cash, credit card or bank transfer.
bank transfer. Foreign currencies are accepted. In case of payment by credit card
the Mazad et Art auction house will charge a 3% surcharge on the amount of the bid.
́adjudication. Bank transfers must be made payable to.
Mazad et Art SARL:
BMCE bank Agence Tanger ville
Account Number: 011640000011210002802109
SWIFT : BMCE-MAMCXX
In the event of payment by bank transfer, Mazad et Art reserves the right to retain the goods sold until the amount has been paid in full.
COLLECTION AND STORAGE
Purchases must be collected by the buyer within 10 days of the sale.
days following the sale, in which case a storage charge of 100 dirhams
per day and per lot beyond 10 days will be invoiced to the buyer. The
unsold goods must be collected within 10 days of the sale, in which case
storage costs of 100 dirhams per day and per lot beyond 10 days will be
days will be invoiced to the seller.
INTELLECTUAL PROPERTY
Mazad et Art owns the right to reproduce its catalogue.
Any reproduction of this catalog is forbidden and constitutes counterfeiting.
