Lot 7: Farid Aouad - Untitled

Bidders are strongly encouraged to read the information below as they set out the terms at which property is bought at auction.


Estimates
Each lot in the catalogue is given a low and high estimate. The estimates are based on a mix of current market conditions and previous auction results of comparable pieces. Estimates can be subject to change. Estimates do not include the buyer's premium.

Reserves
All lots in this catalogue are offered subject to a reserve. All reserves are equal or lower than the lower estimate.

Provenance & Condition Reports
We provide condition reports anytime during the sale.

The absence of conditions of the lots does not imply that the lot is free from faults or imperfections. Artscoops will not be responsible after the sale for any claim in this respect. Prospective bidders may request a condition report at anytime.

Buyer's Premium
A buyer's premium of 15% will be added to the hammer price and is payable by the purchaser as part of the total purchase price.

Successful Bids
Successful bidders will pay the hammer price including the buyer's premium and any applicable taxes.

Withdrawal
Artscoops reserves the right to withdraw any property before the sale and shall have no liability whatsoever for such withdrawal.

Claims
The sizes of the artworks are quoted without the frame in the site.
Relining, stretching and mounting are considered measures of preservation and not a default.

Payment
For convenience, the sale will be conducted in U.S Dollars. Please note we will only accept payment from the registered bidder.

Absentee Bids
Artscoops will attempt to execute bids for buyers unable to attend the auction at the lowest possible price taking into account the reserve price. Always indicate a "top limit", the amount to which you would bid if you were attending the auction yourself.

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;

Representations and Warranties; Indemnity
Artscoops retain the exclusive copyright to all illustrations, photographs, videography, and descriptions of the artwork created by us.

Shipping

It is the buyer's responsibility to make all shipping arrangements. Artscoops can arrange packing and shipping at the buyer's request and expense.