Main points concerning BUYERS.
Examination of goods.
Prospective buyers are strongly advised to examine personally any goods in which they are interested, before the auction takes place. Buyers are responsible for satisfying themselves concerning the condition of the goods and matters referred to in the catalogue description.
All electrical good are “sold as seen”. Buyers should have all electrical goods tested and approved by a qualified electrician.
The Buyer will have 5 working days in which to report to the offices of AHAlgarve Auctions and demonstrate any defects in the electrical items purchased in order to qualify for a potential refund.
Whilst The Auctioneers make every effort to ensure the accuracy of their catalogue and description of any lot, they do not accept responsibility regarding authenticity, attribution, genuineness, origin, authorship, date, age, period, condition or quality of any lot. All statements whether printed in the catalogue or made orally are statements of opinion and are not to be taken as being or implying any warranties or representations of fact. All Bidders should examine personaly any goods and rely on their own judgement as to matters affecting any lot. Nevertheless the Auction House reserves the right to rectify publicly and verbally any descriptions until the moment of the sale.
Buying At Auction.
In order to be able to bid at auction (in the room or online), every perspective buyer should be of age and register previously.
The requirements for the approval of the registation are the provision of identification data (Name, address, identification number, tax number, telephone number and email address) and declaration of ackwoledgment and acceptance of terms & conditions .
You will then be assigned a biding card number.
If you cannot attend the sale you can complete an “Out Of Room” bid form which instructs AHAlgarve to bid for items on your behalf. Since this service is undertaken as a free service to prospective buyers on the terms stated, and, whilst we will make ever effort possible to place bids on your behalf, we cannot accept liability for failure to make a bid. Prospective buyers should therefore always attend personally if they wish to be certain of bidding.
PLEASE NOTE: Where possible, AHA will send winning bid results to clients by Email at the end of the sale. However it is the responsibility of the prospective buyer to contact AHAlgarve after the completion of the sale to establish whether their bid was successful and to arrange collection and payment within the allotted three days following the sale.
AHAlgarve can also arrange to contact bidders to enable them to participate in the bidding by telephone. For telephone bids, AHAlgarve will charge €5 per 15 minutes and will arrange to call you 3 – 5 minutes before the relevant Lot number – please contact AHAlgarve at the office to enquire about this facility.
In addition to the hammer price, a buyer’s premium of 20% of the hammer price of each lot (together with any IVA chargeable thereon) is payable by the buyer to AHAlgarve for their own retention and will not be waived. IVA is always payable on the premium. IVA is charged at the prevailing rate unless otherwise stated. For Online Only Auctions the Buyers Premium will be 25% of the hammer price of each lot.
Payment can be made in Cash, by Bank Transfer or by Multibanco.
Note: we do not accept Credit Cards.
AHA will accept a deposit payment of the full Commission and IVA charge with the balance payable at the time of collection. All items must be paid for in full, and collected, by 4:00pm of the date enclosed on the invoice.
Where purchases are not collected within before the deadline after the sale, whether or not payment has been made, we shall arrange storage at the buyer’s expense. This service has a minimum cost of €25 per cubic meter per month, subject to TAX. Items will only be released after payment of total amount due.
Failure to comply with these terms will result in the forfeit of any items and the loss of any deposit paid. The Auction House has discretionary right over stored items.