SPECIFIC TERMS AND CONDITIONS

By submitting a bid, the bidder declares that they have fully read and accept these conditions of sale and all the documentation provided. If there is a notice of sale attached to the auction form/announcement, by submitting a bid, the bidder declares that they have read and accept the conditions contained therein, of which these conditions of sale are to be considered an extract. The bidder also declares that they have examined and accepted all the documentation provided for the purposes of participation.

Auction timing: 

Starts: Mon 25/05/2026 hores 15:00
Ends: Fri 26/06/2026 hores 15:00

Viewing conditions:

Viewing time:

by appointment

All lots viewings must be booked. Please contact: [email protected] – tel +39 02 86882269

Payment condition: 

Deposit 

The present auction is subject to a deposit of EUR 1.600,00

In order to enable the user's participation, deposit has to be paid in one of the following ways:

1- Via credit card on-line.

2- Via bank transfer to the following account:

MONTE PASCHI DI SIENA SPA
Agenzia di Fabriano
 
IBAN : IT 43 K 01030 21100 000000414486
Swift/BIC: PASCITM1K07

assigned to GOBID INTERNATIONAL AUCTION GROUP SRL

Deposit has to be necessarily credited before the auction deadline.
As soon as the deposit will be received, the user will be immediately allowed to bid.
In case of deposit payment via bank tranfers, in order to accelerate the participation, the user is advised to send an official proof of the deposit payment to the following address: [email protected]

In case participants will not award any lot, deposit will be refunded within 20 days from auction deadline, with no interests applied.

If, in case of awarding, after deposit payment, the bidder will not comply with the payment terms, the deposit will not be refunded.
 

Payment Methods

All payments have to be made exclusively by bank transfer. Account details will be indicated whether at the time of registration or  in conjunction with the awarding statement (in a private message to the user mailbox). (see General Terms and Conditions)

Payment deadline

In the event of a successful bid, the amount paid as a security deposit will be deducted from the final hammer price and paid into the Procedure's bank account, unless otherwise decided by the Procedure's Bodies.
The hammer price must be paid into the bank account indicated by the Procedure within 15 days of the award.
Within the same period, the successful bidder must pay the sums (taxes and other charges, legal duties) to cover the expenses related to the sale.
If, in the event of a successful bid, the bidder fails to complete the purchase within the established timeframes, both in terms of the hammer price and the Buyer's Premium, the sale will be automatically terminated and the amounts paid will be retained as a penalty.
If no further irrevocable offers are received, the lot will be put back on sale; in the event of further offers, it may be awarded indefinitely to the next highest bidder.
The Buyer's Premium plus VAT must be paid by the successful tenderer within 10 days of the award, together with any additional management costs, where applicable.

Property transfer

The transfer of ownership will take place by public deed or authenticated private agreement only after full payment of the hammer price, expenses, and the Buyer's Premium, according to the procedures established by the Procedure. The Judge will order the cancellation of all mortgage registrations and all registrations encumbering the property.
The assets are sold free of any foreclosures, liens, or encumbrances existing at the time of sale; any foreclosure registrations and/or seizures, as well as the costs related to any other encumbrances, will be cancelled at the buyer's expense.
In the event of failure to complete the transfer of ownership due to a cause attributable to the successful bidder, the sale will be automatically terminated, and the amounts paid by the successful bidder as the hammer price and Buyer's Premium will be retained as a liquidated damages penalty.
The buyer is responsible for notary fees, statutory taxes, and all expenses related to the sale, both fiscal and otherwise.
All formalities resulting from the deed of sale, required to qualify for credit, must be completed at the buyer's expense.
If the sale is subject to VAT, the buyer is required to pay it within the terms established for payment of the hammer price.
Anything not covered herein shall be governed by current legislation.

Additional specific terms

Buyer's Premium: A charge of 10,00% + VAT will be added to the price of each awarded lot.

The Buyer's Premium will have a minimum amount of 25 € (+ VAT at 22% where applicable) of each of the lots awarded or combinations as minimum commissions.

Fees and Taxes: The sale will be subject to taxes established by the relevant law, all to be paid by the buyer.

The procedure is not registered with VIES

Extra-Time
In case a winning offer will be submitted within 5 minutes before the auction deadline, the  time  to place another bid will  be extended for 5 more minutes from the last bid received. Every other winning bid submitted within 5 extra-time minutes, will extend the time for placing another bid for  5 more minutes from the last bid received and so forth.Automatic overbids in case of maximum bid (proxy bid) are condisdered winnig bids as well.