Participation in auctions implies unconditional acceptance of the following terms. Please read them carefully before bidding. Except as otherwise stated, the auction house only acts as agent for the seller. The contract for the sale of the property is therefore made between the seller and the buyer. In addition to the hammer price, the buyer agrees to pay a 20% premium together with any applicable value added tax. Other costs or taxes – including, but not limited to, artist’s resale right, import value added tax… – may be owed on certain lots, on top of usual fees and taxes. The auction house, at its sole discretion, may reduce or compromise any charge or fee. It is the responsibility of any buyer to comply with any, local and foreign, customs and other regulations. Please note that due to recent changes in money laundering regulations, bidders must provide full and accurate details of their identity. Starting prices, bids and invoices are in Euros. Bidders are responsible for errors in bidding. The auction house accepts no liability for failure, errors or omissions in connection with phone or electronic bids. Except as otherwise stated, each lot can be subject to a reserve. All bidders personally guarantee payment for their successful bids, including bidders executing commission bids from other parties. Invoices are due and payable immediately upon receipt. Legal interest and late fees shall be payable on invoices not settled within 30 days. Payment must be made by bank transfer only. Title does not pass until full payment, which may be required prior the delivery of any lot. On request, the auction house can help to arrange packing and shipping (at the buyer's risk and expense). Delivery to the buyer’s address of record shall constitute receipt by the buyer regardless of the identity of the person accepting delivery. It is however recommended that buyers use their own carrier. Please remember that an auction is not an approval sale. Any statement, whether oral or written – including, but not limited to, description, attribution, condition, provenance, value, colors… – is only the expression of the auctioneer’s opinion or belief. Such statements do not constitute a representation, warranty or assumption of liability of any kind. Therefore, all lots are sold ‘as is’. Moreover, as the auction house wishes to maintain its independence and, therefore, not a member of any organization or third-party entity – including, but not limited to, IAPN, NGC, PCGS… –, the auction house is in no way bound to any of their opinions. It must be clearly understood that, due to the nature of the auction process, the auction house is unable to carry out exhaustive research of the kind undertaken by historians and scholars and also, as research develops and scholarship and expertise evolve, opinions on these matters may change. The auction house therefore recommends you always view the property personally and, particularly for any lot of significant value, you seek information from your own professional advisers. The auction house has the right, at his absolute and sole discretion, to refuse any bid, to advance the bidding in such a manner as he may decide, to withdraw, divide or mix any lot, and in the case of errors or disputes, whether during or after auctions, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer the lot. Any bidder hereby irrevocably waives any claim for any punitive, incidental or consequential damage arising out of auctions. Any bidder consents to the confidentiality of the identity of consignors and waives any right to require disclosure of the name of consignors or owners of any auctioned lot. Any bidder waives any contrary provision of articles 14 or 15 of the French Civil Code as well as at any similar provision in any jurisdiction. The courts of Estonia will thus have sole jurisdiction in the event of litigation. Should any part of these terms be held void, invalid or unenforceable by any court of competent jurisdiction, remaining parts shall nevertheless remain in full force and effect without being impaired or invalidated.