of the Lots, in order to allow a careful and in-depth examination about the authenticity, the state of conservation, the origin, the type and the quality of the same, on which only the Bidders and the Purchaser assume every risk and responsibility, also as regards the effects of the art. 1488, c. 2, of the Italian Civil Code. After the awarding, neither the auction house nor the sellers will be held responsible for any defects in the Lots, concerning, inter alia, the state of conservation, incorrect attribution, authenticity, provenance, weight or lack quality of Lots. To this end, the Bidders and the Purchaser expressly waive the guarantee pursuant to the art. 1490 of the Italian Civil Code, releasing the Auction House from any related liability; for the effect, neither the auction house nor its staff can issue any valid guarantee in this regard. In the event of an auction or internet auction by the Bidders, the latter shall exempt the Auction House from any responsibility in case of any technical or other problems that may not allow their full participation in the auction (for example, in the event of communication interruptions, line problems, unavailability– for any reason – of the Bidders) and assume any risk regarding the possible failure to award one or more Lots. 10. ESTIMATES – The estimates relating to the base price of each Lotto, expressed in Euro, are indicated under the Lotto description in the auction catalogue and do not include the commissions and other charges owed by the Purchaser under these terms of sale. These estimates may be subject to revision at any time, therefore the Lots may be offered at a starting price different from the one indicated in the catalogue. Also the descriptions of the Lots in the catalogue may be subject to revisions, which will eventually be communicated during the auction. In any case, estimates and descriptions cannot generate any kind of credit in the Bidders and in the Purchaser. 11. DELAYS – In the event that the Purchaser fails to pay the Total Price within the essential deadline of n. 7 (seven) days from the award, the Auction House will be able to resolve the awarding and / or sale of the corresponding Lots, pursuant to and for the purposes of the art. 1456 of the Italian Civil Code. In this case, the Auction House will still be entitled to payment by the Purchaser, as a penalty, amounting to 26% of the Total Price, except for any greater damage, and may, in any case, retain any advance payments made by the Buyer. Notwithstanding the foregoing, the Lots awarded by the Purchaser and not yet withdrawn, up to and including termination, over the aforementioned term, will be kept by the Auction House (in its warehouses or third parties: see § 12), at the Purchaser’s risk and expense, until the latter provides full payment of the amount due to the Auction House and the withdrawal of the Lots . 12. WITHDRAWAL – Unless otherwise agreed upon between the parties, the Purchaser, after having paid the Total Price, will have to withdraw the Lots awarded at his own expense, risk and expense, starting from the day following the last day of the scheduled auction and within the n. 7 (seven) days thereafter (a term that will remain suspended, in cases under the auspices of the Legislative Decree No. 42/2004, Code of Cultural Heritage, for the duration of the law regarding pre-emption) as would apply. Once the term has expired without notice, the Auction House will be exonerated from any responsibility in case of damages or thefts (total or partial) of the Lots, which occurred after the aforementioned term, renouncing the Buyer from now to any right or action towards the Auction House; furthermore, the Auction House will be able to provide, at its own unquestionable choice and at the Buyer’s expense, the deposit of the lots awarded at its own stores (in this case the additional amount of Euro 10 per day, per lot will be due from the Buyer to the Auction House) or third parties, or the shipment to the Purchaser of the Lots not withdrawn, in any case with direct charge to the Purchaser of any cost and expense, and except for any compensation for the greater damage. In case of shipment to the Purchaser, the parties will agree on the modalities of the shipment, it being understood that all charges, risks and costs will be borne by the Purchaser, with explicit exclusion of responsibility for the Auction House. It is understood that for Lotto shipments whose total price is up to € 10,000.00, the Auction House, upon request of the Purchaser, will be available to make the shipment in the interest of the Purchaser and by insured courier. 13. DECLARATION OF CULTURAL INTEREST, PRELATION AND EXPORT – The Buyers will be held, among other things, for the objects of the Lots submitted for the process of declaration of cultural interest (c.d. notification) ex art. 13 and ss. of the Italian D.Lgs. n. 42/2004 to comply with all the provisions of the Italian Code of Cultural Heritage and any other applicable law, customs, currency and tax matters. It is the Buyer’s sole responsibility to verify any restrictions on the export of the Batches awarded or any licenses or certificates required by law (issued or to be issued), with express exemption from any obligation and / or liability of the Auction House. In the event of exercising the right of pre-emption pursuant to arts. 60 and following, Italian D.Lgs. n. 42/2004, or of compulsory purchase pursuant to art. 70 of the same Law, the Purchaser cannot claim anything, for any reason, from the Auction House and / or the Seller, if not the only restitution of any amounts already paid as a result of the adjudication of the Lots. Lots possibly marked with the symbol (TI) are under temporary importation on Italian territory by a foreign Seller. The Lots may have already been the subject of a declaration of cultural interest by the Ministry of Cultural Heritage and Activities and Tourism pursuant to article 13 of the Code of Cultural Heritage. In this case - or in the case that in relation to the Lots the procedure for the declaration of cultural interest has been initiated pursuant to article 14 of the Urbani Code - the Auction House will communicate this in the catalogue and / or through an announcement by the auctioneer before the Lots in question are offered for sale. In the case that the Lots have been the subject of a declaration of cultural interest prior to the award, the Seller will report the sale to the competent Ministry pursuant to article 59 Code of Cultural Heritage. The sale of the Lots will be subject to suspension on the non-exercise by the competent Ministry of the right of pre-emption within the legal term (sixty days from the date of receipt of the complaint, or in the greater than one hundred and eighty days referred to in article 61 paragraph II of the Code of Cultural Heritage). Pending the deadline for exercising the preemption, the Lots cannot be delivered to the Buyer in accordance with the provisions of article 61 of the Code of Cultural Heritage. In any case, it is understood that any declaration of cultural interest (or even just the start of the related procedure) that occurs after the award cannot invalidate or invalidate the award, nor the obligation to pay the Total Price and in general the buying and selling of Lots. The shipment of the Lots abroad is subject to obtaining a document necessary for the export certificate of free circulation or a declaration of value (so-called DVAL), based on the Code of Cultural Heritage and subsequent provisions, where applicable. Obtaining the necessary documents for the export of the Lots is the sole responsibility of the Buyer; The Auction House may, at the request of the Purchaser and upon payment of the purchase invoice, proceed with the request for the licenses or the presentation of the declaration of value upon payment of a fee of Euro 50.00 for each of the Lots subject. of the complaint. If the Buyer does not want to entrust the management of the export file to the Auction House, he
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