TERMS, CONDITIONS AND PROCEDURES OF SALE

  1. Each item in this exhibition will be auctioned and sold to the highest bidder. The items will be displayed upon arrival and time will be provided for each guest to view the item closely.

  2. The terms for the purchase of an item offered in this exhibition will be cash, check, cashier's check or credit card (VISA, MasterCard, or American Express). All monies shall be made payable to Texas Art Gallery.

    Credit cards will not be accepted for payment over $10,000.

     

  3. The purchaser will be required to pay local and state sales tax. Deliveries outside the state may be subject to the compensating use tax of another state and where a duty of collection is imposed upon them by law. The gallery will require payment by the purchaser of such taxes.

  4. If the foregoing conditions or any other applicable conditions herein are not complied with, including the right of the gallery to hold purchaser liable for the price of the property stated on the signed confirmation card, the gallery, at its option, may either (a) cancel the sale, retain as liquidated damages all payments made by the purchaser; or (b) resell the property on three (3) days notice to the purchaser and for the payment of any deficiency plus all costs, including warehousing, the expense of both sales, and the Gallery's commission at its regular rates and all other charges due hereunder and incidental damages.

  5. The copyrights for each piece of art in this exhibition are reserved by the artist. All text in the catalog, and on this website, is copyrighted and cannot be reproduced without the specific permission of Texas Art Gallery.

  6. Some items of property may be offered to a "reserve" or confidential minimum price, below which the item will not be sold. In such instances, the Gallery may implement the reserve by bidding on behalf of the Consignor.

  7. Any and all disputes during the auction will be settled by the Auctioneers: William E. Burford, State License #TX6084 or Phil Stoll, State License #TXL11543.

  8. The purchase price payable by a buyer shall be the sum of the final bid and a premium of 15% on the first $100,000 bid and 10% thereafter.

  9. All property will be sold as is, and neither the Gallery, nor Consignor, nor Auctioneer make any express or implied warranties or representations with respect to the property or correctness of the advertisement, catalogue and other medium used to announce this auction or any other description of the physical condition, importance, quality, size or authenticity of the property offered.

  10. The Gallery offers write-in and telephone bid service for those unable to attend the auction.

     

    Telephone and write-in bids will be accepted until 8pm on the Friday preceding the auction on Saturday.

    Lots will be purchased as cheaply as bidding allows. The Gallery will not be held responsible for errors or failure to execute such bids. Successful bidders will be notified and invoiced within a few days.

  11. Payment in full before or on delivery. Unsuccessful bidders will not be specifically notified.

  12. Shipment of any lots will be at purchaser's expense.

  < BACK

Texas Art Gallery ©2001-2008 • All Rights Reserved.