2026 Spring Asian Art

By participating in this auction (the "Auction"), you (the "Bidder/Buyer") agree to these Terms, which govern your relationship with the Auctioneer. 1. Key Definitions - Auctioneer: [Name of Auction House/Individual], legally registered to conduct auctions. - Buyer: The highest valid bidder confirmed by the Auctioneer. - Hammer Price: Final bid price (excluding commissions/fees). - Buyer’s Commission: 28.5% of the Hammer Price, payable by the Buyer. - Total Purchase Price: Hammer Price + 28.5% Commission + applicable taxes/fees. 2. Auction Participation Bidders must be legally eligible (18+ for individuals) and complete registration. All Lots are sold "as-is"; Bidders are responsible for their own due diligence on Lot condition and authenticity. 3. Bidding Rules Bids are irrevocable. The highest bid at the hammer fall is the winning bid. The Auctioneer may reject bids, withdraw Lots, or re-open bidding at its discretion. 4. Payment The Buyer must pay the Total Purchase Price (including 28.5% Commission) within [X] business days of the Auction. Late payment may incur penalties; the Auctioneer reserves the right to cancel the sale and pursue remedies for non-payment. 5. Title and Delivery Title to the Lot passes to the Buyer only after full payment. The Buyer must collect the Lot within [X] business days of payment, bearing all related costs and risks. 6. Default Failure to comply with these Terms constitutes default. The Auctioneer may retain funds, ban future participation, or take legal action to recover damages. 7. General These Terms are governed by [Jurisdiction] law. The Auctioneer’s decisions are final. No oral modifications are valid. By participating, you confirm you have read and agreed to these Terms. [Auctioneer Name] Date: [Date]