AUCTION TERMS AND CONDITIONS
A buyer’s premium may be added to the hammer price and is payable by the purchaser as part of the total purchase price. This information and the % buyer's premium will be made clear in writing on the auction main page.
At the sale
When making a bid, a bidder is accepting personal liability to pay the purchase price including all applicable charges.
ArtScoops reserves the right to reject any bid. The highest bidder acknowledged by ArtScoops will be the purchaser. ArtScoops can also cancel the sale or resell the article in dispute.
Reserves can be lowered and or changed at any time during and until the end of the auction, should your bid meet the new reserve and you are the highest bidder, you have the winning bid and are legally required to honour the payment of the lot at the new reduced reserve level.
Closing the online auction only
An end time is displayed for each Lot on our platform. It will be clearly stated if the auction will end with minute intervals only or intervals followed by an extension.
Extending An Auction
The extension of a lot's closing time does not affect the closing time of the lots following it. This may result in lots closing out of numerical order. Upon the closing of each lot, you will receive an email indicating if you have won or lost the lot.
Invoices are sent out by email after the auction. Buyers are requested to contact us to obtain the outcome of their bids and to avoid unnecessary storage charges. Successful bidders will pay the hammer price including the buyer’s premium and any applicable taxes.
ArtScoops reserves the right to withdraw any property before the bidding end time and shall have no liability whatsoever for such withdrawal.
The sizes of the artworks are quoted without the frame. Relining, stretching and mounting are considered measures of preservation and not a default. Therefore, they will not be mentioned.
For convenience, the sale will be conducted in U.S Dollars.
Winning bidders will receive an email after the auction with instructions for how to checkout and pay for purchased items.
It is the buyer’s responsibility to make all shipping arrangements. Normally buyers may choose between a common carrier (like FedEx, DHL) and a specialist fine art shipper (like CAPIT Logistics). Shipping costs are the responsibility of the buyer.
Imports & Taxes
The purchaser will be required to pay any applicable taxes, import licenses or customs. It is the buyer’s sole responsibility to obtain any relevant import license. The denial or delay of any license shall not justify the recession of any sale nor any delay in full payment.
Remedies for Non Payment
We have no obligation to enforce the payment from the buyer. If we do not receive payment from the buyer within thirty (30) days of the close of the auction, we shall have the right to exercise a number of legal rights, these include, but are not limited to, the following:
a) to hold the defaulting buyer liable for the total amount due and to commence legal proceedings;
b) to cancel the sale;
c) to offer the Property for private or public sale;
Note: A fee of 5% of the purchase price will apply if the work is not paid for in full after 30 days.
Representations and Warranties; Indemnity
Artscoops retain the exclusive copyright to all illustrations, photographs, videography, and descriptions of the artwork created by us.
Law and Jurisdiction
This auction is governed by Lebanese law. Beirut courts are the sole competent jurisdictions to hear any dispute arising or related to the present Conditions of Sale.