Conditions of Sale

The sale is governed by 33 Auction Conditions of Business (www.33auction.com/form/Conditions of Business New_JK.pdf). Prospective buyers are advised to examine the conditions of business carefully and refer to the guide for prospective buyers (www.33auction.com/form/GUIDE FOR PROSPECTIVE BUYERS_NEW_JK.pdf) before bidding.

Premium and Fees

Buyer's Premium
A Buyer's Premium will be added to the hammer price and is payable by the buyer as part of the total purchase price. The buyer's premium is 22% of the hammer price on each lot.
Successful bidding via Invaluable platform will be charged a service fee of 5.0 % of hammer price.

Payment

Payment must be made within seven calendar days of the sale and may be made by telegraphic transfer direct to PT Balai Lelang Linda bank account. Please include your name, 33 Auction's account number and invoice number with your instructions to your bank.
Payment can also be made by Indonesian Rupiah banker's drafts (drawn on a recognized Indonesian bank). Although personal and company cheques are accepted, you are advised that property will not be released until such cheques have cleared. We regret credit card payment is not accepted.

Post Auction Collection and Shipping

Collection
Lots will be released to you or your authorized representative when full and cleared payment has been received by 33 Auction. After thirty days or from the time of collection, whichever is the earlier, the Lot will be entirely at the Buyer's risk.

Storage and Insurance
All purchases will initially be held for collection at 33 Auction's premises at no charge. 33 Auction provides insurance coverage for a maximum of thirty days after the sale. Storage charges will be incurred one month after the date of the auction at the rate of IDR 500,000 per lot per month.

Packing and Handling
We shall use all reasonable effort to take care when handling and packing a purchased lot but the Buyer is reminded that after thirty days or from the time of collection, the lot is entirely at the Buyer's risk.

Shipping
33 Auction's Shipping Department can advise buyers on exporting and shipping property. Please complete and sign the shipping instruction form sent with your invoice if this service is required. Purchases will be despatched as soon as possible upon clearance from the Accounts Department and receipt of your written despatch instructions and of any export licence or certificates that may be required. Shipping will be arranged at buyer's expense. Your shipper will include a quote for transit insurance. All shipments should be unpacked and checked on delivery and any discrepencies notified to the transit insurer or shipper immediately.

Taxes

Successful bidder will also be responsible to pay all relevant taxes.