SPECIFIC TERMS AND CONDITIONS

By submitting the 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/listing page, by placing the bid, the bidder declares that they have reviewed and accept the conditions set out therein, in relation 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: mar 06/10/2026 ore 15:30
End: mar 10/11/2026 ore 15:30

Viewing conditions:

Visit dates:

to book visits and for further details: [email protected] – tel +39 02 86882269

Deposit

The auction is subject to a security deposit of EUR 900,00.

The deposit must be paid via:

1) online credit card

or

2) bank transfer to the following bank account:

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

made out to GOBID INTERNATIONAL AUCTION GROUP SRL

The deposit must be credited strictly before the end of the auction.
Once the deposit has been 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 auction participants do not win any asset, the deposit will be returned within 20 working days from the final deadline of the auction, without interest.

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


Payment method

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

Payment deadline

In the event of a successful bid, the amount paid as a security deposit will be deducted from the balance of the award price due and paid into the bank account of the Procedure, unless otherwise decided by the Bodies of the Procedure.

Payment of the award price must be made to the bank account indicated by the Procedure within no more than 15 days from the award.

Within the same deadline, the successful bidder must pay the sums (tax and non-tax charges, statutory taxes) as reimbursement for the payment of expenses relating to the sale.

If, in the event of a successful bid, the bidder fails to complete the purchase within the established deadlines, both as award price and as Buyer’s Premium, the sale shall be automatically terminated and the amounts paid will be retained as a compensatory penalty.

In the absence of receipt of further irrevocable purchase offers, the lot will be put up for sale again; in the event of other offers, it may be awarded, without limit, to the next highest bidder.

The Buyer’s Premium plus VAT must be paid by the successful bidder within 10 days from the award, together with any ancillary management charges, where applicable.

Transfer of Ownership

The transfer of ownership will take place by public deed or authenticated private writing only after full payment of the award price, expenses and Buyer’s Premium, in accordance with the methods established by the Procedure, while the Judge will order the cancellation of all mortgage registrations and all registrations encumbering the asset.

The assets are sold free from registrations of seizures, restrictions or encumbrances, if existing at the time of sale; any registrations of seizures and/or attachments, as well as the costs relating to any other encumbrance, will be cancelled by and at the expense of the purchaser.

In the event of failure to complete the transfer of ownership, for a cause attributable to the successful bidder, the sale shall be automatically terminated and the amounts paid by the successful bidder as award price and Buyer’s Premium will be retained as a compensatory penalty.

Notarial fees, statutory taxes and all costs relating to the sale, whether tax or otherwise, are borne by the purchaser.

All formalities consequent to the transfer deed, necessary to benefit from the credits, must be carried out by and at the expense of the successful bidder.

If the sale is subject to VAT, the party is required to pay it within the deadlines set for payment of the award price.

For all matters not provided for herein, the applicable legal provisions shall apply.

Other specific conditions

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

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

Charges and Taxes: The sale will be subject to the taxes provided for by the relevant law, all borne by the purchaser.

The Procedure is not registered with VIES.

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 extra-time minutes, the time available to place another bid will be extended by a further 5 minutes from the last bid received.  Automatic bids in the event 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 found. 

The sale of the assets is understood as forced (Art. 2919 Italian Civil Code) and is arranged for the assets as seen and liked in the factual and legal state in which they are found. In a forced sale, the warranty for defects in the thing does not apply. It cannot be challenged on account of damages. (Art. 2922 Italian Civil Code).

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

Any liability on the part of the Agent regarding the existence of third-party rights over the assets subject to the 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 regulations.

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.