Sale Terms and Important Information

Auction timing: 

Starts: Fri 02/01/2015 at 16:00 GMT+1
Ends: Wed 28/01/2015 at 16:00 GMT+1

Viewing conditions:

Viewing time:

by appointment

All lots viewings must be booked. Please contact: info@gobid.it – tel +39.0737.782080

Payment condition: 

Deposit 

The present auction is subject to a deposit of EUR 1.000,00

Lot 0 requires a deposit of EUR 100.000,00

Lots having starting prices equal or higher than 20.000,00 EUR  requires a specific deposit indicated in each lot section.

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
 
ABI: 01030
CAB: 21100
CIN: R
IBAN: IT 20 R 01030 21100 0000 0032 8492
Swift/BIC: PASCITM1K07

assigned to CorimacTrade & News 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: info@gobid.it

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.

Lots Awarding 

Lots Awarding will comply to art. 107 clause 4 (Bankruptcy Law) specifically the opportunity to suspend the sale within 15 days from awarding in case of reception of an irrevocable ameliorative purchase offer not lower than ten per cent of price offered.


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

Awarded lots have to be paid within 06/02/2015 (see General Terms and Conditions).

Collection Conditions: 

Collection Deadline: Sat 28/02/2015 at 16:00 GMT+1
 

Collection 
 

In order to optimize the collection service, Corimactrade & News srl - gobid.it  will inform via e-mail the users who awarded the lots about the date and time of collection.

 

Date and time of collection  will be communicated after actual payment of amuonts due related to awarded lots.  

Corimactrade & News srl - gobid.it may change the date and time of collection at its sole discretion.

The users who awarded the lots is asked to comply with the indicated dates and timing. In case the buyer will not complete collection within the indicated dates and timing the buyer can:

- upon authorization, ask to be admitted for collection in the following sale experiment collection date, if any.

- upon authorization, collect the lots in different dates and time from the ones indicated, paying a daily amount between , 200,00 and 350,00 EUR for each operator, according to the size of the lot.

During collection, the users who awarded the lots must comply with the safety plan (piano di sicurezza) which Corimactrade & News srl - gobid.it will send to them.

 

Lots not collected by the deadline will incur a daily charge of 50,00. In case the lots will not be collected within 30 days from collection deadline,the sale will be canceled and the amount paid (Lots and Buyer's Premium) will not be refunded.  Corimactrade does not deliver lots and does not arrange for their collection or delivery. The buyer is responsible for dismantling, loading and transporting the  lots awarded, and in case of vehicles of transfer of property and related procedures. Moreover, Corimactrade will not make any lots available before the payment will be received and credited.   

 

Additional specific terms

Buyer's Premium: A charge of 5,00% + VAT will be added to the price of each awarded lot, also in case of offers received related to Art. 107 (Bankruptcy Law)


VAT : Value Added Tax at a rate of 22,00% will be calculated on the awarding price and added to it. (where applicable)

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. Every other winning bid submitted within 5 extra-time minutes, will extend the time for placing another bid for  5 more minutes and so forth.

 

Bids on Complete  Lot: Bids on complete lot (Lot 0) will have awarding priority. In case no bids will be received on complete lot (Lot 0) single lots  and /or combinations will be awared.
 

In case that the sum of the winning bids received on single lots will exceed bids  received on the complete lot, it will be on Bankruptcy Receiver discretion whether to decide or not to award single lots and /or combinations .

 

In case of insurgency of  any controversy related to the interpretation of the dispositions included in the general and specific terms present in the website  translated in different languages, it will be applied the Italian language version of such texts

 

 

Contact: info@gobid.it – tel +39.0737.782080

 
Table of contents
 
Art. 1 Definitions
Art. 2.Applicability
            2.2. Specific Terms
Art. 3 Auctions Publication
Art. 4 Auction Execution
Art. 5 Auction Participation
Art. 6.Offers presentation
Art. 7. Lots awarding process
Art. 8. Payment and Collection
Art. 9. Guarantees
 
 
Art.1 Definitions:
 
Corimactrade:company having headquarters in Milan, Via P.O. Vigliani , 19, VAT N. 02214410421 , authorized to auction sale by license released on  9/04/2008 by Questore di Milano n.13/2008.
 
Gobid.it:registered trademark by Corimactrade
 
www.gobid.it:website managed by Corimactrade  for commission sale goods
 
AUCTION: on-line sale published on WWW.GOBID.IT
 
LOT: One or more goods available for sale,  included in the AUCTION
 
REGISTERED USER:User registered to www.gobid.it
 
auction registration: User authorization request for participation in a single AUCTION
 
BIDDER NUMBER: Registered User’s Identification number
 
GENERAL TERMS: the present terms and conditions
 
SPECIFIC TERMS: Specific terms and conditions of a single auction
 
DEPOSIT:  Amount to be paid in order to participate in an auction, where indicated.
 
STARTING PRICE: Single lots starting price
 
RESERVE PRICE:  Smallest price to be reached in order to authorize the lot sale.
 
CURRENT PRICE: Current price of the lot
 
SINGLE BID: minimum overbid confirmed by the user in order to increase the current price of the lot
 
MAXIMUM BID (proxy bid): Maximum price the user is willing to pay in order to award the lot.
 
MINIMUM OVERBID:  Preset amount of money to be added to the current price in order to confirm the bid.  
 
EXTRA-TIME: Additional amount of time available after the auction deadline to submit further overbids.
 
AWARDING: Corimactrade statement attesting that a lot has been sold to the highest bidder.
 
SELLING PRICE:  Lot AWARDING price confirmed after the auction deadline
 
BUYER’S PREMIUM: Percentage calculated on the taxable selling price indicated in the AWARDING statement  
 
 
2. Applicability:
 
The present terms have to be applied to www.gobid.ituse, specifically, to the auction publication and execution and  to terms and conditions of users’ participation.
 
2.2. Specific terms
 
The present terms are always applicable apart from different instructions provided in the Specific Terms of every single AUCTION
 
3 Auction publication:
 
Auctions will be published on www.gobid.it. With auction publication, lots catalogues and auctions timing will be also provided.
 
4. Auction execution:

As mentioned, every auction will be published on www.gobid.it. Terms and conditions will be indicated in SPECIFIC TERMS. Corimactrade reserves the right to cancel, extend or interrupt the auction according to its sole discretion.
 
Registered user is aware of possible problems, both objective and subjective, deriving from participation in an on-line auction. With regard to these problems, Corimactrade cannot be considered responsible.
 
Corimactrade does not answer to any direct or indirect damages or responsibilities apart from fraud or gross negligence. In any case Corimactrade does not answer to: user's direct actions which may cause damages, wrong system operation, website use and/or display unavailability, website abuse or any event which may happen after the auction deadline.
Moreover, concerning issues not provided in the present general terms, the user has to adopt specifications stated in  www.gobid.it  “Conditions of Use” .
 
5. Auction participation:
 
In order to take part in an auction the user is obliged to register to any single AUCTION, agreeing with both General and Specific terms and condition.
In case a deposit may be required, registered user will be allowed to participate only under CORIMACTRADE authorization. Such permission will be provided by Corimactrade only after reception of deposit payment. Where applicable, payment procedures and modes will be indicated in the Auction Specific Terms.
Deposit will be refunded after the auction deadline. Deposit will not be refunded only in case of lack of compliance with general payment terms where lots are awarded.
 
 
6. Bidding procedure:
 
Registered users authorized to participate are allowed to submit bids only in the ”Lot Details” section of the website.
Bids are always bound to matching control with indicated prices and overbid conditions. In case  inconsistencies with general and specific terms and conditions will be noted, Corimactrade reserves the possibility to cancel a bid.
 
There are two kinds of bids, static and dynamic (proxy bid).
 
Static bid is a fixed price bid.
Dynamic maximum bid (proxy bid) may be considered as a dynamic price bid, not visible to other users.
A static bid entered by a user may be  exceeded by other users bids.  At this point the user, in order to award the lot,  has to enter a new static bid.
 
On the other hand, a dynamic bid will be valid until other higher maximum bids will exceed it.  In such cases, overbids will be automatic and based on the smallest values indicated.

Bids will be valid only if submitted during the specified auction timing.  In case bids will be submitted within 5 minutes before the auction deadline , the time to place other bids will be extended for the timing value indicated in the Specific Terms of every single auction.
 
 
7. Lots awarding process.
 
Whenever an auction ends, a preliminary stage will start. Such phase will have a maximum duration of 48 working hours, except from different instructions indicated in the specific terms. Afterwards the highest bidder will be notified of the actual awarding.
Corimactrade reserves the right to suspend the auction or the lots awarding process before the auction ending time, both at its sole discretion and also in case of a fair and confirmed bid or external offer submission.
Awarding is bound to actual reception of deposit.
 
 
8. Payment and collection
 
The user who awarded one or more lots must follow the auction Specific Terms and conditions, where specific modes about payment and collection will be indicated, as well as related clauses concerning refunds in case of failure to comply with the mentioned condition.In case the payment of amounts due will not be credited within payment terms agreed, the sale will be canceled and the deposit will not be refunded, with subsequent awarding loss, in accordace with seller/and or bankruptcy receiver. Damages deriving from collection will be on buyer's expense.
 
9. Guarantees
 
Corimactrade is not responsible for any matching lack between the lots description present in the auction and the lots as they lie. All detailed information related to single auctions and lots will be indicated in the Specific Terms section published in every auction.  
Moreover, concerning issues not provided in the present general terms, the user has to adopt specifications stated in  www.gobid.it  “Condition of Use” .
All sales carried out by www.gobid.it  are subject to the Italian civil code prescriptions related to forced sales.
All lots are sold as is.
Corimactrade and/or the seller decline any responsibility conerning faults in pictures, descritpions, quantities and any other details indicated in the catalogues. No warrany is given by Corimactrade or by the Seller therefore Lots viewing is strongly reccomended in order to compare the actual condition of the lots with the above mentioned details.
 
The buyer, by accepting the present conditions exempts Corimactrade and/or the seller from any responsibility and from any guarantee or third party’s pretention.

In case of insurgency of  any controversy related to the interpretation of the dispositions included in the general and specific terms present in the website  translated in different languages, it will be applied the Italian language version of such texts