TAJAN -51 Items originating from a country outside the European Union shall be marked with the symbol ƒ and ƒƒ. ƒ : In addition to the regular buyer’s premium, a commission of 5.5 % (i.e., 6.6 % inclusive of VAT) will be charged to the buyer. ƒƒ : In addition to the regular buyer’s premium, a commission of 20 % (i.e.24 % incl. VAT) will be charged to the buyer. These additional costs may, in certain cases, be reimbursed to the buyer. For more information, please contact our payment department on +33 1 53 30 30 33. ARTIST’S RESALE RIGHT Artist’s Resale Right is a royalty entitled by the artist or the artist’s estate when any graphic and art works created by the artist is sold, at a percentage of the hammer price calculated as follows : 4 % from 750 € to 50000,00 € 3 % from 50,000.01 to 200000,00 € 1 % from 200,000.01 to 350000,00 € 0.5 % from 350,000.01 to 500000,00 € 0.25 % exceeding 500 000,00 € The Artist’s Resale Right is subject to a maximum royalty payable of 12,50 € for any single lot. Lots marked with this symbol ¤ will be subject to payment of the Artist’s Resale Right, the amount of which is due by the buyer. Tajan will then pay the royalty to the appropriate authority on the seller’s behalf. PAYMENT Payment must be made immediately after the sale. If the successful bidder did not register before the sale, he/she must provide proof of identity and bank references. Payments may be made by one of the following methods : Bank transfer in euros, Visa card or Master Card up to an amount equal to or less than €50,000, (subject to the presentation of valid proof of identity). In cash in euros : for individual European Union resident, and for all professionals, to an equal or lower amount of €1 000. In cash in euros : for individual only and non European Union resident, to an equal or lower amount of €15 000. Certified banker’s draft in euros subject to the presentation of valid proof of identity. Cheques drawn on a foreign bank will not be accepted. Cheques and bank transfers must be denominated in euros and made out to the order of TAJAN SA ; on this bank : Our Cashier’s Department is open every working day from 9:00 AM to 12:30 PM and from 2:00 PM to 5:30 PM. T. +33 1 53 30 30 33, or 33 1 53 30 30 27. Ownership will only be transferred to the buyer after Tajan has received full and clear payment of the purchase price, costs and taxes. However, regardless of ownership transfer, the risk and responsibility for the lot will transfer to the buyer immediately after the lot is sold. As soon as an item is pronounced “sold”, it shall be placed under the sole responsibility of the buyer. It shall be the buyer’s responsibility to insure the item purchased immediately. NON-PAYMENT In accordance with Article L.321-14 of the French Commercial Code, if the buyer fails to pay for an item, and after notice to pay has been given by Tajan to the buyer without success, the item shall be re-auctioned at the seller’s request. If the seller does not make such a request within three months of the auction, the sale shall be automatically cancelled, without prejudice to the damages owed by the defaulting bidder. TAJAN reserves the right to claim the following from the defaulting buyer : - interest at the legal rate increased by five points, - the reimbursement of the additional costs incurred by reason of his/her default, - payment of the difference between the initial hammer price and theresale price if the later is lower, as well as the costs incurred by the re-auction. TAJAN also reserves the right to offset any amounts Tajan may owe the defaulting buyer with the amounts due by the defaulting buyer. Tajan reserves the right to exclude any bidder who fails to comply with its general terms and conditions of sale from attending any future auction. TAJAN adhere to the «Registre central de prévention des impayés des Commissaires priseurs» to which payment incidents may be reported. Debtors may exercise their rights of access, rectification and opposition. BANQUE OBC - 3, avenue Hoche, 75008 Paris, France Code SWIFT IBAN NSMBFRPPF R 76 3078 8009 0001 1409 5000 159 30788 00900 01140950001 59 Code banque Code guichet Compte Clé TAJAN is a subscriber to the TEMIS Service, which allows users to view and make additions to the Auction access restriction file («TEMIS File»), maintained by Commissaires-Priseurs Multimédia (CPM), public limited company with executive board, with registered office at 37 Rue de Châteaudun, 75009 Paris, listed on the Paris Trade and Companies Register under number 437 868 425. All auction sale invoices remaining unpaid to TAJAN or subject to delays in payment may be added to the TEMIS File. FRENCH STATE’S RIGHT OF PRE-EMPTION The French State has a right of pre-emption over certain works of art sold at public auction. The use of this right comes immediately after the hammer stroke and must be confirmed by the French State within fifteen days following the sale. The French State will then be substituted for the last bidder. IMPORT AND EXPORT The export of any lot from France or the import into another country may be subject to authorisation (export certificates, customs authorisations). It is the buyer’s responsibility to check which authorisations are required. Obtaining export or import certificate is at the sole expense of the buyer. Local laws may prevent you from importing lots made of or including protected material such as ivory, rhinoceros horn, tortoiseshell, Brazilian rosewood, etc. The denial of any export or import authorisation cannot justify any delay in making payment of the amount due nor cancellation of the sale. COLLECTION OF ITEMS PURCHASED Purchases can only be collected after the buyer has paid all amounts due in full. In the event of a payment by cheque or bank transfer, delivery of the goods may be deferred until such time as the payment has cleared. In this case, storage costs shall be borne by the buyer and Tajan shall incur no liability whatsoever in this respect. Lots sold must be collected within 14 days following the auction. After that period, storage costs will be charged 4 € per day per lot for small items, 8 € per day per lot for large items and furniture. Handling fee of 60 € per lot will also be charged. All large items and furniture will be stored at a storage facility designated by Tajan at the buyer’s risk and expense. COLLECTION OF UNSOLD ITEMS The seller must collect any unsold items as soon as possible and in any case within 14 days from the auction. After that period, storage costs will be charged 4 € per day per lot for small items, 8 € per day per lot for large items and furniture. Handling fee of 60 € per lot will also be charged. All large items and furniture will be stored at a storage facility designated by Tajan at the seller’s expense. INTELLECTUAL PROPERTY Unless otherwise noted, Tajan owns the copyright in all images and any material and contents of its catalogues. Any use or reproduction of any part of the catalogue without prior written permission is forbidden. In addition, Tajan benefits from a legal right to reproduce lots in its catalogue, even though the copyright protection on these lots has not lapsed. Any full or partial reproduction may be liable to prosecution by the holder of the copyright. The sale of a work of art does not guaranty any gain of copyright or reproduction rights to the lot. PERSONAL INFORMATION The buyer agrees to be bound by all of the General Terms and Conditions of Sale herein. Buyer expressly authorises the collection of the personal information supplied to Tajan for the fulfilment of the sale and authorises Tajan to use the personal information to send communications accordingly to his/ her fields of interest. Buyers are entitled, at any time, to access, rectify, update and delete their personal data in accordance with the General Data Protection Regulation (GDPR, Regulation (EU) 2016/679). The TEMIS File records instances of non-payment of auction sales invoices (e.g. payment delays or defaults) across all modes of bidder participation (i.e. in-person or remote) and may be viewed by all France-based auctioneers who subscribe to the service. Bidders listed on the TEMIS File may face restrictions to their bidding activity at auctions operated by auctioneers with a Professional Subscription to the TEMIS service. Bidders can find out if they are listed by TAJAN on the File or contest their listing by submitting a request in writing accompanied by proof of identity in the form of a copy of a relevant identity document by post to Tajan 37 rue des Mathurins 75008 Paris France or by email to magdo-j@tajan.com. For more information on the TEMIS File, bidders can view CPM’s privacy policy, available at www. temis. auction.
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