TAJAN -53 estimate set out in the catalogue or announced publicly by the accredited auctioneer and noted in the auction house’s files. If no reserve price is set, Tajan shall not incur any liability vis-à-vis the seller if the item concerned is sold at a price lower than the lowest estimate published in the sale catalogue. BIDS To bid in person, you will need to register for and collect a numbered paddle before the auction begins. We encourage new clients to register at least 48 hours in advance. You will be asked for a proof of identity (bring a driving licence, a national identity card or a passport), for your address, telephone number and signature in order to create your account if you are a first time bidder. In addition, you may be asked to provide bank references and/or a deposit. We may, at our option, decline to permit you to register as a bidder. All individuals who register with Tajan shall have the right to access and rectify the personal data they provide to Tajan in accordance with the French Data Protection Act of 6 January 1978, as amended by the Act of 6 August 2004. Information collected on the registration form is required to participate in an auction and process the auction sale. You may exercise your right to access, rectify or oppose subsequent processing of your personal data, by submitting a written request to TAJAN along with a copy of your photo id. Auctions will be carried out following the order of the lot numbers as they appear in the catalogue. Tajan is free to set the increment of each bid and all bidders must adhere to this process. The highest and last bidder will be the successful bidder. In the event of a dispute during the bidding process, that is, if two or more bidders simultaneously place the same bid, either orally or by a signal, and each claim the item concerned when the auctioneer’s hammer strikes, the auctioneer may, at his/her sole option, re-auction the item immediately at the price offered by the bidders and all those present may take part in this second auction. Any individual who makes a bid during the sale shall be deemed to be doing so in his/her own name ; he/she shall assume full responsibility for his/her bid, unless he/she registered him/herself as an agent with Tajan and stipulated that the bid was being made for a designated third party. In the event where the seller has set a reserve price, Tajan reserves the right to bid on the seller’s behalf until the reserve is reached. ABSENTEE BID FORMS AND TELEPHONE BIDS If you cannot attend the auction, we will be pleased to execute written telephone bids or written absentee bids on your behalf. A bidding form can be found at the end of the catalogue. This form must be sent to Tajan no later than two working days before the sale, together with bank references and a copy of the bidder’s proof of identity. For significant purchases, you may be asked to provide financial references, guarantees and/or a deposit. If several absentee bid forms are submitted for the same lot, the first order received will have priority. Telephone bidding can only be arranged for lots with sale estimates over € 400. As there are only a limited number of telephone lines, the necessary arrangements must be made at least two working days before the auction. In both cases, this service is graciously provided free of charge to the client. Tajan, its employees, agents and representatives shall not incur any liability in the event of possible malfunctions or interruptions of telephone lines, of an error or omission in the execution of orders received or in the non execution of orders. ONLINE AUCTIONS VIA LIVE PLATFORMS An online bidding option is also offered on partner platforms. These platforms allow bidders to participate remotely in auctions upon prior registration. The buyer via Live platforms is informed that additional costs invoiced by these platforms will be charged to the buyer. Participation in auctions by internet or by order is at the bidder’s own risk ; TAJAN cannot be held responsible in the event of a malfunction or lack of execution (error, interruption of service or omission in receiving bids). Any malfunctions or interruptions in the live service will not prevent the auctioneer from continuing the auction, at his/ her sole option. CURRENCY CONVERSION Sales are carried out in euros. A currency conversion panel will be displayed at certain auctions. The currency rates shown are provided for information purposes only. Tajan shall under no circumstances be held liable for any errors that occur in the conversion of currencies. Information provided in euros by the accredited auctioneer alone shall be valid. AMOUNTS PAYABLE BY THE BUYER The buyer must pay Tajan, in addition to the «hammer price», commission of 26 % excl. tax of the sale price on the first € 500 000, 21 % excl. tax after € 500 001 and up to € 3 000 000, 14 % excl. tax for the portion above € 3 000 000. In addition, VAT shall be charged at the rate of 20 % (5.5 % for books). GENERAL TERMS AND CONDITIONS OF SALE TAJAN is an auction house specialised in moveable property governed by French Act n° 2000-642 of July 10th 2000 and n° 2011850 of July 20th 2011. Tajan acts as the seller’s agent. The auctioneer is not a party to the sale agreement, which is solely binding on the seller and the successful bidder. As an operator of voluntary auction sales, Tajan is subject to ethical obligations that are regulatory according to the decree of February 21st 2012. GENERAL TERMS These general terms and conditions of sale, the sale and all maters relating thereto are governed by French law ; the sellers, buyers and their agents accept that the courts of Paris (France) alone shall have jurisdiction over any legal action. These general terms and conditions are independent. Purchases must be made in cash and prices are stated in euros (€). Tajan may, at its option, withdraw or delay the sale partially or entirely. WARRANTIES The seller warrants to Tajan and to the buyer that he/she is the undisputed owner of the items offered for sale or that he/she has been authorised by the undisputed owner, that the said items are not encumbered by any claim, dispute, attachment, reservation or pledge and that he/she can legally transfer ownership of these items. The information included in the catalogue is prepared by Tajan with the assistance of the Expert, if necessary, with the care required for public auctions, subject to the notices, declarations and amendments announced upon presentation of the item and noted in the record of sale. This information, including the dimensions set out in the catalogue, is provided to help the potential buyer inspect items and must be assessed personally by him/her. If no information on restoration, an accident, retouching or any other incident is provided in the catalogue, the condition reports or labels or during a verbal announcement, this does not mean that the item is void of defects. Frames condition is not guaranteed. Inasmuch as buyers are given the opportunity to examine works displayed prior to the sale, no claim may be made after the sale is complete. Buyers may obtain a condition report on items included in the catalogue that are estimated at more than € 1 000 upon request. The information contained in such reports is provided free of charge and solely to serve as an indication. It shall by no means incur the liability of Tajan. In the event of a dispute concerning inter alia the authenticity or origin of items sold, Tajan is bound by a best endeavours obligation ; its liability may only be incurred if evidence is provided that it committed a wrongdoing. SUMMARY OF DEFINITIONS Attributed to : means that the work mentioned was created during the artist’s period of production and that it is highly likely or possible (though not certain) that he/she is the artist. Influenced by : the work is the painting of a contemporary artist of the artist mentioned who was highly influenced by the master’s work. Artist’s studio : the work was produced in the artist’s studio, but by students under his/her supervision. In the manner of, in the style of : the work is in the style of the artist and of a later date. Follower of : the work was executed up to 50 years after the death of the mentioned artist who greatly influenced the author. SYMBOLS USED IN OUR CATALOGUES □ No reserve price ○ T ajan or a third party has a direct financial interest in the lot, this will usually be a minimum price guaranteed for the seller. Δ T ajan has an ownership interest in the lot. ~ L ot containing organic material which may result in import or export restrictions. ¤ L ot subject to the artist’s resale right, due by the buyer. ƒ L ot sold under temporary admission. VAT at a rate of 5.5 % will be applied to the hammer price in addition to the buyer’s premium and VAT. ƒ ƒ Lot sold under temporary admission. VAT at a rate of 20 % will be applied to the hammer price in addition to the buyer’s premium and VAT. ESTIMATES AND RESERVE PRICES The estimated sale price appears beside each lot included in the catalogue. It does not include the buyer’s premium or VAT. The reserve price is the minimum confidential price agreed with the seller. If the reserve price is not met, the item will not be sold. The reserve price may not exceed the lowest
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