SPECIFIC TERMS AND CONDITIONS

By submitting a bid, the bidder declares that they have fully reviewed and fully accept these conditions of sale and all documentation made available. If a sale notice is attached to the auction sheet/listing, by submitting a bid, the bidder declares that they have reviewed and accept the conditions set out therein, with respect to which these conditions of sale are to be understood as an extract. The bidder further declares that they have examined and accepted all documentation made available for the purposes of participation.

Auction duration:

Start: Fri 02/10/2026 ure 15:00
End: Thu 12/11/2026 ure 15:00

Conditions for viewing:

Visit dates:

for visit bookings and further details: [email protected] – tel +39.02.86882269

Deposit

The auction is subject to a security deposit of EUR 2.400,00.

The deposit must be paid by:

1) online credit card

or

2) bank transfer to the following current account:

MONTE PASCHI DI SIENA SPA
Fabriano Branch

IBAN: IT 43 K 01030 21100 000000414486
Swift/BIC: PASCITM1K07

held in the name of GOBID INTERNATIONAL AUCTION GROUP SRL

The deposit must be credited before the auction end date.
Once the deposit is credited, the user will be enabled to participate in the auction.
To speed up participation in the auction, the user is advised to send a scanned accounting copy of the payment made with the CRO code to: [email protected]

If the auction participants do not win any goods, the deposit will be returned within 20 business days from the final auction end date, without interest.

If, in the event of a successful bid, after paying the deposit, the bidder does not complete the purchase, said deposit will be retained.

Availability of Lots

Any registrations relating to rights of first refusal, transcriptions of foreclosures and protective seizures and any other restriction encumbering the goods offered for sale will be cancelled pursuant to art. 108 of the Bankruptcy Law once the sale is completed and the price is fully collected. Any formalities for cancellation will be carried out by and at the expense of the successful bidder.

Any cost relating to transfers of ownership, including any double transfers and related charges, will be borne by the successful bidder

In the event of export of registered movable assets, the buyer must carry out the required operations in compliance with current legislation. Please note that for the purposes of deregistration for export, at the date of the request, the vehicles must comply with the statutory inspection obligations.

Payment method

All payments must be made exclusively by bank transfer. The details will be specified either at the time of registration or upon the user's receipt of the successful bid communication (see general conditions).

Payment deadline

The awarded lots must be paid within 5 days from the provisional award confirmation.
The Buyer's Premium and ancillary management charges, where applicable, must be paid within 5 days from the provisional award confirmation.
(see general auction conditions)

Charges: Registration taxes to be calculated based on the size of the vessels will be borne by the buyer, as will all charges arising from the transfer of ownership of the lots.


Collection of awarded lots

Collection of the awarded lots by the buyer may take place only after actual receipt of payment of the award price and the applicable commissions (Buyer's Premium, ancillary management charges).

In any event, collection must be completed within and no later than 30 days from the provisional award.

In order to optimize the collection service, GOBID INTERNATIONAL AUCTION GROUP SRL will notify successful bidders by e-mail of the date(s) and time during which they may proceed with collection of the lots. Such dates may also be indicated on the auction web page. GOBID INTERNATIONAL AUCTION GROUP SRL nevertheless reserves the right to change the indicated collection dates and times at its sole discretion.

If the successful bidder collects on dates other than those notified, they must pay a fee of between EUR 250.00 and EUR 350.00 plus VAT per day, depending on the quantity of goods to be collected, as additional charges.

Successful bidders will be required to comply with the start date of operations. If the successful bidder cannot collect on the notified day and time, they may:

- subject to approval, request to be admitted during the date(s) scheduled for the subsequent sale procedure, if any.

- subject to approval, collect on days and times other than those made available for the individual procedure, paying an additional fee of between EUR 250.00 and EUR 350.00 plus VAT per day, depending on the quantity of goods to be collected, as additional charges

Failure to comply with the collection date scheduled between GOBID INTERNATIONAL AUCTION GROUP SRL and the successful bidder will result in the application to the latter of a penalty of EUR 350.00 if the failure to collect is not notified at least 48 hours before the appointment, without prejudice in any event to compensation for the greater damage suffered by GOBID INTERNATIONAL AUCTION GROUP SRL.

All lots not collected within the above term will be subject to a daily late charge of EUR 50.00. If the asset is not collected within 30 days from the collection deadline, the sale will be automatically terminated and the amounts paid by the successful bidder (Awarded Lots - Buyer's Premium, ancillary management charges and any additional charges paid) will be retained as liquidated damages.

GOBID INTERNATIONAL AUCTION GROUP SRL is not required to deliver any lot or to organize collection thereof in any way.

Collection operations must be carried out by the buyer in compliance with current safety legislation imposed by law; the buyer will therefore be required to make the necessary adjustments in this regard, including with reference to any third parties and/or collaborators used in carrying out such operations.

The buyer is responsible for any dismantling, handling, loading and transport of the awarded lots and is required to leave the places involved in collection in safe conditions and free of goods and/or waste materials produced by them during the aforementioned operations. In the case of registered movable assets, the buyer is understood to be responsible for handling the procedures required to carry out the necessary transfers of ownership.

Transfers of ownership must therefore be carried out by and at the expense of the successful bidder at the vehicle registration agency notified by the Procedure Bodies, or alternatively, notified by GOBID INTERNATIONAL AUCTION GROUP SRL.

In the event of export of registered movable assets, the buyer must carry out the required operations in compliance with current legislation.

In any event, GOBID INTERNATIONAL AUCTION GROUP SRL will not make any lot available before receipt of the above payments and, in the case of registered movable assets, before completion of the relevant transfer of ownership.

Other specific conditions

Buyer's Premium: A charge of 12,00% + VAT will be added to the award price of each lot.

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

Ancillary management charges: These are ancillary costs borne entirely by the successful bidder, intended to cover the services and activities, performed and to be performed, necessary for the preparation, organization and management of the sale of the auctioned goods and the subsequent award phase. Such expenses must be paid at the same time as payment of the buyer's premium due as per the provisional award confirmation that will be issued after the auction end. Where due, such charges will be indicated in the sheet for each lot.

VAT: VAT at 22,00% of the sale price will be calculated on the award price of each lot. (where applicable)

Extra-Time: if a winning bid is placed within 5 minutes before the auction closes, the time available to place another bid will be extended by a further 5 minutes from the last bid received. And so on, for each winning bid received within the 5 minutes of extra time, the time available to place another bid will be extended by a further 5 minutes from the last bid received. Automatic bids in the case of a maximum bid (proxy bid) will also be considered winning bids.

The lots are sold as seen and liked in the condition in which they are located. Viewing is recommended.

The sale of the goods is understood to be forced (Art. 2919 Italian Civil Code) and is arranged for goods seen and liked in the factual and legal condition in which they are located. In a forced sale, no warranty for defects in the thing applies. It cannot be challenged on grounds of damage. (Art. 2922 Italian Civil Code).

Consequently, the existence of any defects or lack of quality or non-conformity of the thing sold cannot give rise to compensation, indemnity or reduction of price.

Any liability on the part of the Agent regarding the existence of third-party rights over the goods subject to sale is excluded (Art. 2920 Italian Civil Code).

The sale takes place with the obligation on the part and at the expense of the successful bidder to verify their compliance with safety legislation.

In the event of any disputes arising relating to the interpretation of the provisions contained in the general and specific conditions set out on the platform, possibly translated into other languages, the Italian version of the text shall prevail.