TGP Auction acts in the name and on behalf of the Principal as direct representative / immediate in the sense of art. #808S AND HEARTBREAK VINYL CODE#ġ of the Swiss Code of Obligations ( "CO"). The award is granted to the Bidder Auction TGP recognized as having made the best offer in Swiss francs in connection with the online sale ( "Purchaser") at the end of the auction period, which is created by a contract of sale ( "sale agreement") as of right between the Buyer and the Principal about the item sold at the Online Shop through the Site (concerning the establishment of sale contract, see figure 7). TGP Auction is thus not part of the Contract of Sale.Ģ.1 The CV apply to use of the Site and / or participation in Online Sales under the Rights and Duties of TGP Auction and Bidder, resp. Buyer.Ģ.2 The CV also govern the modalities for the establishment of the contract between the Seller and Buyer.Ģ.3 The Bidder, resp.
Buyer, reconfirms the CV every time he connects to the Site.
TGP Auction reserves the right to modify the said CV anytime and publish whenever the new version on its website.ģ. Hammer price, charge and commission 3.1 In addition to the hammer price, which is the highest bid in accordance with the sales process communication ( "Hammer price") Buyer pays 25% premium above the hammer price of each lot, plus VAT of 7.7% over this amount.ģ.2 For all lots, VAT payable by the buyer shall be calculated on the hammer price plus the bid. Foreign buyers should inquire before sale and comply with import and export rules between Switzerland and the country of destination. If the VAT amount exceeds CHF 50, it will be refunded upon presentation of the export documents validated by Swiss customs.ģ.3 The Buyer agrees that TGP Auction also receives a commission by the Principal.Ĥ.1 If an item purchased should prove to be a fake, TGP Auction cancel the tender (subject to numbers 4.2 and 4.3 below) on behalf of the Principal and reimburse Buyer the auction price and Supplement plus VAT.
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