Bristol Vintage Sale

GENERAL CONDITIONS

1. DEFINITIONS
1.1 In these conditions the following terms have the following meanings, unless inconsistent
with the context.
‘Auctioneers’ means Cheffins of Clifton House,1-2 Clifton Road, Cambridge, CB1 7EA.
‘Commission’ means the commission charged on the sale of Lots in accordance with
Clause 2 below.
‘Conditions’ means the standard terms and conditions of business set out in this
document.
‘Lots’ means all machinery and all other items sold or intended to be sold in accordance
with these Conditions.
‘Purchaser’ means a person, firm or company who purchases lots.
‘Vendor’ means any person, firm or company who puts forward lots intended to be sold
at the Sale.
‘Sale Day’ means the day fixed by the Auctioneers for an auction and where the context
so requires means the day fixed for the auction in which a particular lot is entered.
‘Reserve Price’ means the minimum price fixed by either the Auctioneers or the Vendor
at which Lots are to be sold at the Sale.
1.2 Except where the context otherwise requires words denoting the singular include the
plural and vice versa; words denoting one gender include all genders; words denoting
persons include corporations and vice versa.

2. COMMISSION AND ENTRY FEES
2.1 The Vendor shall pay commission to the Auctioneers as follows:
Class 1 – Steam Engines 7.5% (plus VAT) on the first £10,000 and thereafter 5% (plus
VAT) plus an Entry Fee of £40 (plus VAT) on each lot.
Class 2 – Tractors & Vehicles 7.5% (plus VAT) on the first £10,000 and thereafter 5%
(plus VAT) plus an Entry Fee of £15 (plus VAT) on each lot.
Class 3 – Motorcycles 7.5% (plus VAT) plus an Entry Fee of £40 (plus VAT) on each lot.
Class 4 – All other items 10% (plus VAT) plus an Entry fee of £2.50 (plus VAT) on
each lot.
2.2 Commission at the rate specified in Clause 2.1 above together with Entry Fees as
specified shall be payable by the Vendor on all Lots sold privately at the Sale.
2.3 Entry Fees for Lots entered and which are substituted for another Lot will be charged at
double the Entry fee referred to in Clause 2.1 above.
Please see Clause 6.6 below regarding minimum reserves.

3. ENTRY OF LOTS FOR SALE
3.1 All goods must be delivered in accordance with instructions sent to the vendor prior to
the sale. All entries for sale are accepted on our Standard Terms and Conditions of
Business. Lot number labels will be forwarded for items accepted into the Sale.
3.2 No entries can be accepted on the day of the sale unless agreed by the Auctioneers.
3.3 All reserve prices must be set out in writing and handed to the auctoneers’ office 48
hours previous to the sale otherwise no responsibility can be accepted by the
Auctioneers for errors in respect of Reserve Prices.
3.4 All Lots brought to the Sale must be offered for sale by auction and must not be sold
privately before the Sale. In the event that any private transactions take place following
a sale whilst the Lots remain in the Saleground they must be notified to the Auctioneers.
Such transactions will be treated as a sale of the Lots by the Auctioneers and these
conditions will apply.
3.5 If a Lot remains unsold following the sale for which it has been entered and remains on
the Saleground the Auctioneers reserve the right to sell such a Lot at the Reserve Price
without further consultation with the Vendor.

4. WITHDRAWN LOTS
The Vendor may not withdraw the Lot from the sale without the Auctioneers’ consent. If a
vendor withdraws the Lot, the Auctioneers reserve the right to charge a fee equal to 10%
(plus VAT) of the reserve price or £20 (plus VAT) whichever is greater, unless notified prior to
the sale of alternative charges.
5. VAT
5.1 VAT at the standard rate will be added to items identified in the catalogue of sale by an
asterisk as being subject to VAT.
5.2 The Auctioneers MAY elect to operate the Auctioneer’s Margin Scheme for lots entered
by Non VAT Registered Vendors. In this circumstance, the Vendor shall enter the goods
on the entry form, clearly stating that they are eligible to be sold under the respective
scheme.

6. RESERVE PRICE & BIDDING
6.1 The auctioneers and/or the vendor reserve the right to fix a Reserve Price for any lot and
withdraw that lot in the event that the highest bid price does not meet the reserve
price.
6.2 The vendor may bid for any Lot either personally or through the auctioneers or through
any other person and may withdraw any Lot any time before the sale of such a Lot.
6.3 The Auctioneers may without giving any reason refuse to accept the bidding of any
person. In the case of a dispute as to any bid, the Auctioneers may forthwith determine
the dispute or put up the Lot again at the last undisputed bid or withdraw the Lot.
6.4 No person may advance less at a bid than a sum to be named from time to time by The
Auctioneers nor be allowed to retract a bid.
6.5 The highest bidder for each Lot shall be the Purchaser of that Lot.
6.6 Reserves of less than £25 will not be accepted.
7. AUCTIONEERS AS AGENT FOR VENDOR
7.1 The Auctioneers sell as Agent for the Vendor and as such are not responsible for any
default by the Vendor or Purchaser.
7.2 In the event that a Purchaser fails to pay the purchase price for the Lot in accordance
with these Conditions and the Auctioneers have previously advanced to the Vendor of
such Lot an amount representing such purchase price the Vendor shall forthwith at the
request of the Auctioneers assign all and any of his rights against the Purchaser in
respect of the unpaid purchase price to the Auctioneers and shall execute such
documents as may be required by the Auctioneers to give effect to such an assignment
and further, shall give reasonable co-operation to the Auctioneers in any action, claim or
proceeding brought or threatened by the Auctioneers against the Purchaser.

8. RISK
8.1 All Lots remain at the Vendor’s risk until sold and following such sale shall be at the
Purchaser’s risk.
8.2 The Purchaser is on risk once the hammer falls and is strongly advised to effect
insurance at once. Upon the fall of the hammer, the Purchaser shall assume all risks in
and relating to such lots. The Purchaser is advised to effect in respect of all such risks
arising thereafter any insurance it may consider necessary. The duty of the Auctioneers
and/or the vendor to deliver lots shall be deemed performed upon the fall of the
hammer even if a lot is subsequently and/or part thereof has been lost.

9. CONFIRMATION OF OWNERSHIP
The vendor warrants to the Auctioneers and to the Purchaser:-
9.1 That he is the true owner of the Lot or is properly authorised to sell the Lot by the
true owner.
9.2 Is able to transfer a good and marketable title to the lot free from any third party
claims liens and encumbrances and that all entries on the entry form are correct.
9.3 That no Lot is subject to any hire purchase, lease, contract hire agreement or any
other finance agreement or contract.
9.4 That the auctioneers have been notified in writing if any of the items on this form, or
any continuation form, have been recorded by any insurance company as a write off
or having been subject to a major insurance claim.

10. REMOVAL OF LOTS FROM THE SALE
10.1 All lots whether sold or unsold may not be removed from the Saleground without a
pass for the removal of Lots. Passes can be obtained from the Auctioneers’ offices.
All Lots must be checked out by the security.
10.2 All lots purchased must be cleared from the Saleground on the day of sale unless
otherwise stated in the catalogue. Failure to remove Lots within the specified time
will result in storage charges of £5/Lot per day (plus VAT) payable on collection.
10.3 Any Lot which (without the express written consent of the auctioneers) has not been
collected within 2 calendar months from the day on which it was sold or last offered
for sale will be deemed to be abandoned and the Auctioneers will be entitled to
dispose of such abandoned Lots at their unfettered discretion. For the avoidance of
doubt, any monies arising from such disposal(s) will be paid to and retained by the
auctioneers.

11. EXCLUSION OF LIABILITY
11.1 The auctioneers shall not be liable for any expense, loss, claim or proceedings in any
respect of any loss or damage whatsoever, to any property real or personal (including
all lots) whether incurred before, during or after the sale.
11.2 The Auctioneers shall not be liable for any expense, loss, claim or proceedings in any
respect of personal injury to or death of any persons arising out of or in the course of
or caused by the Sale, except to the extent that the same is due to the negligence of
the Auctioneers, their servants or agents.

12. DETAILS OF PURCHASERS AND PAYMENT
12.1 All purchasers are required to Register for a bidding number before the auction at
the Auctioneers’ office.
12.2 All lots must be paid for on the day of the sale by the Purchaser.
12.3 Any interest earned on client’s monies will be retained by the auctioneers.
13. INSPECTION OF GOODS
13.1 All lots are sold with all faults and errors of description. Purchasers should satisfy
themselves prior to sale of the Lot as to the condition of each Lot and should exercise
and rely on their own judgement as to whether the Lot accords with its description.
Neither the Auctioneers, their servants or agents are responsible for errors of
description or for the genuineness or authenticity of any Lot; unless otherwise stated
no warranty is given by the Auctioneers, their servants or agents or by any Vendor to
any Purchaser in respect of any Lot and any express or implied conditions or
warranties are excluded to the fullest extent permitted by law.
13.2 The Auctioneers may at their discretion or upon the instruction of the Vendor alter or
withdraw all or any lots referred to in the auction catalogue up to the moment at
which the hammer falls in relation to such lot(s).

14. AUCTIONEERS’ RIGHT TO ANNUL SALES
In the event of any dispute or refusal to pay or of non-payment on the part of the
Purchaser, the Auctioneers may, entirely at their discretion, annul and cancel the sale of
such lot or lots.

15. RESERVATION OF TITLE
15.1 If the Auctioneers allow the Purchaser to remove the Lot from the Saleground before
the Purchaser has made full payment for the Lot then title to the Lot shall remain
vested in the Vendor.
15.2 If the Auctioneers pay the Vendor the price of the Lot before the Purchaser has paid
the price to the Auctioneers, title to the Lot shall pass from Vendor to the
Auctioneers and shall remain with the Auctioneers until full payment has been made
by the Purchaser to the Auctioneers, when title shall pass to the Purchaser.
15.3 Notwithstanding that the title has not passed to the Purchaser all risk of damage to
the Lot shall pass to the Purchaser immediately upon sale (the fall of the hammer).
15.4 The Purchaser shall until payment has been made in full keep the Lot in good
marketable condition and readily identified and shall indemnify the Vendor or the
Auctioneers as the case may be for any damage.
15.5 In the event of any sale by the Purchaser of a Lot before full payment has been made
the Purchaser shall hold the proceeds of such sale on trust for the Vendor or the
Auctioneer (as the case may be) and shall pay such proceeds into a separate
identifiable bank account.
15.6 At any time before the title to the Lot has passed to the Purchaser, the Vendors or
the Auctioneers (as the case may be) including the Auctioneers acting as agents for
the Vendor shall have the right to enter upon the Purchasers property for the purpose
of recovering the Lot.

16. COMPLIANCE WITH ROAD TRAFFIC ACTS
The Purchaser of any vehicle or trailer is responsible for complying with all legal
requirements as to the construction and the use of such vehicle or trailer and for obtaining
all certificates, permits or other authorisations necessary before such vehicle or trailer can be
used on the road.

17. HEALTH AND SAFETY AT WORK ACT 1974 AND ALL OTHER ACTS AND
REGULATIONS APPLICABLE TO FARM SAFETY
The Purchaser of any lot is responsible for complying with all legal requirements as to the
safe use of lots purchased at the Sale and shall ensure compliance with all relevant
legislation relating to the safe use of such lots.

18. TRADES DESCRIPTIONS ACT 1968
The vendor is reminded that under the terms of the Trades Descriptions Act 1968 the
Vendor of any Lot to which a false description is applied may be guilty of a criminal offence
punishable by fine or imprisonment.

19. GOVERNING LAW AND JURISDICTION
For the avoidance of doubt all contracts entered into between the Purchaser and Vendor
and between either of them and the Auctioneers on the basis of these standard terms and
conditions of business are governed by the laws of England and Wales and the parties
hereby submit to the non-exclusive jurisdiction of the English Courts.


CHEFFINS
Clifton House, 1 & 2 Clifton Road, Cambridge CB1 7EA
Tel: 01223 213777 Fax: 01223 271960 www.cheffins.co.uk
November 2010