The conditions under which a purchaser takes property sold to him. In the case of auction, a copy of the conditions may be advertised prior to the day of sale, posted in a conspicuous placed in the sale room on the day of sale, printed with the particulars or catalogue of the property to be sold or copies may be distributed amongst the intendant bidders. Where real property is the subject of sale the conditions contain provisions as to title to be accepted by the purchaser and how it is to be proved and amount of deposit. When a sale is concluded, the purchaser signs a memorandum endorsed on the conditions, the whole becoming the contract of sale. Conditions of sale are frequently attached to goods specifying what warranties attach or do not attach and generally, the purchaser will be deemed to have notice of such conditions and the sale will be affected by them accordingly.
The all-important text found in our catalogues which describe the terms under which Lifestyle Auctions and the consignor (or owner of the property) agree to sell a lot to the purchaser. Please read the relevant conditions carefully before bidding.
The legal terms set forth for an auction which includes condition of property to be sold, acceptable payment terms, buyer's premiums, possession & removal of property, absolute or reserve auction and any other terms of the sale.
Conditions of sale are normally the General Conditions of Sale, The Special Conditions of Sale, The Addendum and any Amendments. Can also have Extra Conditions or other conditions under any other name. Each Lot is sold subject to these conditions of Sale.
The terms and conditions that individual sellers use to govern the conduct of an auction, including acceptable methods of payment, payment timeframe, shipping costs, ship-to countries, reserves and any other limiting factors of an auction. If a bidder does not abide by the seller's terms, the seller can withdraw the item and report the bidder to eBay as an unwelcome bid.
The legal terms that govern the conduct of an auction, including acceptable methods of payment, terms, buyer's premiums, possession, reserves and any other limiting factors of an auction. Usually included in published advertisements or announced by the auctioneer prior to the start of the auction.
The detailed standard terms which govern the rights and duties of the buyer and the seller of the property as laid down in the contract that they sign. These are usually 'The Standard Conditions of Sale'.