Ursula McCannell (1923-2015) British. "Woman and Donkey", Oil on board, Signed and dated 62, and

Information for Buyers at Public Auction: Parker Fine Art Auctions Ltd

 This document should be read carefully by all prospective buyers. It provides important information and contains additional terms applicable to you as a potential buyer at Parker Fine Art Auctions. It should be read in conjunction with the Conditions of Sale for Public Auctions (“Conditions of Sale”) which are available below and on Parker Fine Art Auctions website at www.parkerfineartauctions.com or will be provided upon request.

 Terms used in this document shall have the same meaning as defined in the Conditions of Sale (below).

 1.  INTRODUCTION

1.1            All of our auctions and sales are conducted on our printed Auction Terms and Conditions, which include Conditions of Sale for Public Auctions and the terms set out in this document.

 1.2            Any particular auction and/or any particular Lot in an auction may be subject to different or additional terms which will be published in our auction catalogue or separately announced prior to the auction. By bidding at the auction, you agree to be bound by these terms.

 1.3            The principle of caveat emptor applies to the sale of all good sold at auction by us. This means it is your responsibility to investigate the Lots on which you bid to determine the validity, authenticity, quality and condition of such items prior to purchase.

 1.4            [Private treaty sales made under these Conditions are deemed to be sales by auction for purposes of consumer legislation.]

 2.  AGENCY 

We act as agents for the Seller only whose identity for reasons of confidentiality, is not normal disclosed. We cannot be held responsible for any defaults by the Sellers. Accordingly if you buy at auction your contract for the item or items purchased is with the Seller and not with us as the auctioneer.

 3. DESCRIPTIONS AND CONDITION

3.1            Reasonable endeavours are made to ensure the accuracy of any statement as to authorship, attribution origin, date, age, provenance and condition of any Lot whether or not such statement forms part of the description of any such Lot.

 3.2            Prospective buyers bid on the understanding that descriptions involve matters of opinion, not a statement of fact and is provided as a service to the Seller. Prospective buyers are given the opportunity to view and inspect before sale and they (and any independent experts on their behalf) acknowledges that they have satisfied themselves as to the accuracy of description and condition applied to a Lot.

 3.3            We, nor our employees or agents nor the Seller, accept liability for the correctness of such opinions and all conditions and warranties whether relating to description, condition or quality of Lots, express, implied or statutory are hereby excluded. The absence of a report does not imply that a Lot is without imperfections. We are not liable for damage to gilded picture frames, plaster picture frames or picture frame glass. All Lots are sold as seen. We recommend that you always view a Lot in person.CONDITION REPORTS

4. CONDITION REPORTS

4.1            These are provided upon request. Large numbers of such requests received shortly before the sale may mean that reports cannot be provided for all Lots. Members of staff are not trained restorers or conservators and, particularly for higher value Lots, you should obtain an opinion from such a professional.

4.2            If a Lot is, or becomes dangerous, we may dispose of it without notice to bidders in advance in any manner we see fit and will be under no liability for doing so. We are dependent on information provided by the Seller about a Lot and whilst we may inspect Lots and act reasonably in taking a general view about them we rely on some information from the Seller.

 4.3            Please note carefully the exclusion of liability for the condition of Lots contained in the Conditions of Sale. Neither the Seller nor we, as the auctioneers, accept any responsibility for their condition. All references to signature, inscriptions and dates refer to the present state of the work.

 4.4            Dimensions are given in height before width and do not include the frame (unless stated).

 4.5            Pictures, unless stated, are framed. Pictures will not have been removed from their frames unless specifically mentioned in the condition report (if in the event the item is unsold we must return it to the Seller in the same condition in which it was received by us). Additionally, in specified circumstances Lots misdescribed because they are ‘deliberate forgeries’ may be returned and repayment made. There is a 21 day time limit. (The expression ‘deliberate forgery’ is defined in our Conditions of Sale).

 5. IMAGES

Please note the colours portrayed in the catalogue, and in additional images requested, are the best attempt at a likeness but cannot be confirmed as identical to the true colours.

 6. ESTIMATES

Estimates are designed to help buyers gauge what sort of sum might be involved for the purchase of a particular Lot. Estimates may change and should not be thought of as the sale price. The lower estimate may represent the reserve price and certainly will not be below it. Estimates do not include the Buyer’s Premium or VAT (where chargeable). Estimates are prepared some time before the sale and may be altered by announcement before the sale. They are in no sense definitive.

 7. BUYER'S PREMIUM

The Conditions of Sale forming part of our Auction Terms and Conditions require the buyer to pay a ‘buyer’s premium’ on the hammer price of each Lot purchased. The buyer’s premium is 25% of the hammer price (+ VAT only on the Buyer’s Premium).

 8. VAT

8.1            A asterisks symbol (*) indicates that the Lot is a zero rated item and therefore not subject to VAT on the buyer’s premium. This applies to bound books (manuscripts and printed), unframed maps and albums. A dagger symbol (†) indicates that VAT is payable by the purchaser at the standard rate (presently 20%) on the hammer price as well as being and element in the buyers’ premium. This imposition of VAT is likely to be because the Seller is registered for VAT within the European Union and is not operating the Dealers Margin Scheme or because VAT is due at 20% on import into the UK.

 8.2            A double dagger (ǂ) indicates that the Lot has been imported from outside the European Union and the present position is that these Lots are liable to a reduced rate of Import VAT currently 5% on the hammer price. (Ω) indicates that the Lot has been imported from outside the European Union and these Lots are liable to the standard rate of Import VAT currently 20% on the hammer price. Lots which appear without the above symbols indicate that no VAT is payable on the hammer price; this is because such Lots are sold using the Auctioneers Margin Scheme and it should be noted that the VAT included within the buyers’ premium is not recoverable as input tax.

 9. EXPORT OF GOODS

Buyers intending to export goods should ascertain (a) whether an export licence is required and (b) whether there is any specific prohibition on importing goods of that character because, as an example, they may contain prohibited materials such as ivory. Ask us if you need help.

 10. BIDDING

 10.1            Attending the Auction. Bidders in the room will be required to register before the sale commences and Lots will be invoiced to the name and address on the sale registration form. Bidders are required to provide a government issued identity document and a proof of address. Instructions on anti-money laundering may also be required. Paddle numbers will be issued at registration which will be used only for this sale. This paddle may be used to indicate your bids to the Auctioneer during the Sale. If successful, the Prospective Buyer must ensure that the Auctioneer can see the number as indicated on the paddle and that it is their number called out. Should there be any doubts as to price or Buyer, pease draw the Auctioneer’s attention to it immediately. No liability shall be accepted for failure to rectify an error during a Sale.

 10.2            Telephone Bidding. Requests for Telephone bidding must be registered by close of business on the day before the sale and are allocated on a first come first service basis. Full name, address and telephone numbers will be required together with proof of identity and address. Bank and credit/debit cards details may be requested to secure the line.

 10.3            Absentee Bids. Commission/Absentee bids may be left with the Auctioneers indicating the maximum amount to be bid (excluding buyers’ premium). We will add these bids to the Auctioneers’ sale book and they will be executed as cheaply as possible having regard to the reserve (if any) and competing bids. If identical bids are submitted, the person who bid first will take precedence. We shall not be liable for failing to execute commission bids, or for any errors or omissions. All arrangements are therefore made entirely at the Prospective Buyer’s risk.

 10.4            Online Bidding. Bidding can be done through  ‘the-salesroom.com' Bidding on this site is directly through the platform where you will have to register. Please note that any lots purchased via the-saleroom.com live auction service will be subject to an additional 4.95% commission charge + VAT at the rate imposed on the hammer price.. Please refer to the individual bidding platforms for their terms and conditions. In completing the bidder registration and providing your credit card details and unless alternative arrangements are agreed with us you:

 (a)     Authorise us, if we wish, to charge the credit card given in part or full payment, including all fees, for items successfully purchased in the auction via the online bidding platforms

 (b)     confirm that you are authorised to provide these credit card details to Parker Fine Art Auctions and agree that Parker Fine Art Auctions are entitled to permit the shipping of the goods to the card hold and card holder address provided in fulfilment of the sale; and

 (c)     agree that we shall not be liable for any losses, however arising, for usage of the online bidding platforms which operate pursuant to its own terms and conditions.

 11. METHODS OF PAYMENT

11.1            Payment will be accepted, if you are a successful bidder, by bank transfer direct into our bank account, by debit card issued in the name of the Buyer by a UK bank and registered to a UK billing address; by all major UK issued credit cards issued in the name of the Buyer and registered to a UK billing address (up to £1000), or in cash up to £8,000 (subject to relevant money laundering regulations).

 11.2            The name of the bank account holder should match the name of the buyer. Payment may also be made by sterling personal cheques drawn on a UK bank account and made payable to ‘PARKER FINE ART AUCTIONS LTD’ . Purchases paid for by this method cannot be collected until your cheque has cleared. First time buyers who are not present at the saleroom are requested to pay by bank transfer.

 11.3            Payment can be made and purchases collected during the auction. All accounts must be settled within 14 days of the sale. Accounts not paid within 14 days will automatically be subject to an interest change of nor more than 1.5% per month from the day of sale.

 Wire transfers should be sent to:

 Sort Code: 201143

 Account Number: 83710246 

 Account Name: Parker Fine Art Auctions Ltd (client account)

 IBAN: GB04 BUKB 20114383710246

 SWIFTBIC: BUKBGB22

 Monies from wire transfers and cheques must be cleared for twenty four hours into our account before items may be collected.

 12. COLLECTION AND STORAGE

12.1            Before being able to collect purchases you are required to pay the hammer price, plus the applicable commissions, and obtain a receipt acknowledging payment. Collection of the purchased Lots is at the purchaser’s risk and expense.

 12.2            Once payment for Lots has been received, collection or transportation of purchased Lots must be made within fourteen days of the sale to avoid storage charges. Storage charges will be levied on all Lots not collected within fourteen days of the sale. This will include a storage charge of £5 plus VAT per Lot per day.

 12.3            If arranging professional delivery, the Lot must have been paid for and the transport company has full details of the items to be collected.

13. ARTIST’S RESALE RIGHT CHARGES

Artist’s resale right charges will be paid by the Seller.

14. TRANSFER OF RISK

The risk in the Lot shall pass to the Buyer upon completion of the Sale by us, we are not responsible for the correct description, genuineness or authenticity of any Lot as per these conditions. The Buyer is deemed to have inspected each Lot and satisfied himself/herself to the condition.

 15. OWNERSHIP OF THE LOT

Title to the Lot (s) purchased will not pass to the Buyer until the Buyer has paid us in full the total amount due pursuant to these conditions and we have applied such payment to the Lot.

 16. UNCOLLECTED ITEMS

If the buyer has failed to collect within a period of two months (from sale date), we reserve the right to re-enter the uncollected items through auction, to recover the cost of storage and associated costs. At this time the buyer relinquishes all claims to ownership and any right to financial compensation.

 17. IMPORT/EXPORT

It is the Buyer’s responsibility to obtain the correct import/export licenses. We take no responsibility for the export of goods which have been bought.

  CONDITIONS OF SALE

Parker Fine Art Auctions Ltd: Conditions of Sale for Public Auctions

Parker Fine Art Auctions Ltd carries out business with Bidders, Buyers and Sellers on the following conditions and on such terms, conditions and notices as may be referred to herein. All Bidders, Buyers and others participating in a public auction accept that these terms apply to the exclusion of any terms and conditions contained in any of those person’s own documents even if the same purport to provide that they  or some other terms prevail. Any particular public auction and/or any particular lot in an auction may be subject to different or additional terms which will be published in our auction catalogue online.

The Buyer's attention is particularly drawn to clause 24 (consumers) and clause 23 (non-consumers), which set out the extent of the Auctioneer’s and the Seller's liability to the Buyer.

Please read these Conditions together with our “Information for Buyers” (above) document, which provides additional information and terms applicable to our auctions.

  DEFINITIONS 

1. In these Conditions: 

(a)         “Auction Terms and Conditions” means these Conditions, the Terms of Consignment and any other terms applicable to auctions conducted by the Auctioneer and notified to Buyers, Bidders and/or Sellers (as applicable);

 (b)         “Auctioneer”, “we”, “us” or “our” etc. means the firm of Parker Fine Art Auctions Ltd or its authorised auctioneer, as appropriate;

 (c)         “Conditions” means these Conditions of Sale for Public Auctions (which include the terms set out in “Information for Buyers”);

 (d)        “deliberate forgery” means an imitation made with the intention of deceiving as to authorship, origin, date, age, period, culture or source but which is unequivocally described in the catalogue as being the work of a particular creator and which at the date of the sale had a value materially less than it would have had if it had been in accordance with the description;

 (e)          “hammer price” means the level of bidding reached (at or above any reserve) when the auctioneer brings down the hammer;

 (f)          “Information for Buyers” means the document named Information for Buyers at Public Auction containing additional terms and information for Buyers available on our website at www.parkerfineartauctions.com;

 (g)         “Lots” any items or group of items offered for sale by us as agents for the Seller;

 (h)         “Seller” means any person that appoints us as their agent to sell Lots on their behalf;

 (i)           “Terms of Consignment” means the stipulated terms and rates of commission on which we accept instructions from Sellers or their agents including those terms set out in the document named “Terms of Consignment for Public Auctions” which can be found on our website or are available upon request;

 (j)           “Total Amount Due” means the hammer price in respect of the Lot sold together with any premium, Value Added Tax chargeable and any additional charges payable by a defaulting buyer under these Conditions;

 (k)         “Sale Proceeds” means the net amount due to the Seller, being the hammer price of the lot sold less commission at the stated rate, Value Added Tax chargeable and any other amounts due to us by the seller in whatever capacity and however arising;

 (l)           “you”, “your”, etc. refer to the buyer as identified in Clause  3.4;

 (m)       The singular includes the plural and vice versa as appropriate; and

 (n)         A person includes a natural person, corporate or unincorporated body (whether or not having separate legal personality).

 2. FORMATION OF CONTRACT

A contract for the sale and purchase of a Lot shall come into existence between the Seller and the Buyer on these Conditions upon acceptance by the Auctioneer of a bid by the Buyer.

 3. BIDDING PROCEDURES AND THE BUYER

3.1            Bidders are required to register their particulars before bidding by completing a sale registration form and to satisfy any security arrangements before entering the auction room to view or bid.

 3.2            Under the money laundering regulations in force we are required to verify the identity of all customers we transact with as well as any beneficiaries on behalf of whom they may transact. Customers who are unable to or refuse to supply required identification documents and proof of address may not be able to bid at our auctions. Copies of customer due diligence checks will be stored for as long as it is necessary to satisfy legal requirements in an appropriate storage facility which for the avoidance of doubt may include storage solely in electronic form.

 3.3            The maker of the highest bid accepted by the auctioneer conducting the sale shall be the buyer at the hammer price and any dispute about a bid shall be settled at the Auctioneer’s absolute discretion by reoffering the Lot during the course of the auction or otherwise. The auctioneer shall act reasonably in exercising this discretion. The Auctioneer shall rule the bidding and no bid may be retracted.

 3.4            The Buyer is the person who is successful in purchasing a Lot or Lots in accordance with these Conditions. Purchases made on behalf of a third party are the responsibility of the Buyer in the room. The Auctioneer reserves the right to bid on behalf of the Seller for any Lot and to withdraw, consolidate or divide any Lot or Lots.

 3.5            Bidders shall be deemed to act as principals (i.e. not on behalf of or as the agent of any other person).

 3.6            Our right to bid on behalf of the Seller is expressly reserved up to the amount of any reserve below the bottom estimate and the right to refuse any bid is also reserved.

 4. INCREMENTS

Bidding increments shall be at the Auctioneer’s sole discretion.

 5. THE PURCHASE PRICE 

The purchase price payable for a Lot is the hammer price plus a buyer’s premium thereon of 25% plus VAT on the premium at the rate imposed by law and is payable in accordance with clause 7.

 6. VALUE ADDED TAX. 

Value Added Tax on the hammer price is imposed by law on all items affixed with a dagger or double dagger symbol. Value Added Tax is charged at the appropriate rate prevailing by law at the date of sale and is payable by buyers of relevant Lots. (Please refer to “Information for Buyers” for a brief explanation of the VAT position).

 7. PAYMENT

7.1            Immediately a Lot is sold you will:

 (a)         give to us, if requested, proof of identity, and

 (b)         pay to us the total amount due in pounds sterling.

 7.2           Any payments by you to us may be applied by us towards any sums owing from you to us on any account whatever without regard to any directions of you or your agent, whether expressed or implied.

 7.3            In order to comply with money laundering regulations we reserve the right to require proof of source of funds and/or confirmation of the nature and source of wealth for all receipts of monies from clients directly or from third parties for payments on behalf of clients. The completion of the sale of a Lot will be postponed or cancelled at our discretion if further time is needed for investigation, or if you are in breach of your warranties as a buyer, or if we consider the sale to be unlawful or in any way cause liabilities or be detrimental to either us or the Seller.

 8. TITLE AND COLLECTION OF PURCHASES

8.1            The ownership of any Lots purchased shall not pass to you until you have made payment in full in cleared funds to us of the total amount due.

 8.2            You shall at your own risk and expense take away any lots that you have purchased and paid for no later than 14 working days following the day of the auction or upon the clearance of any cheque used for payment after which you shall be responsible for any removal, storage and insurance charges.

 8.3            No purchase can be claimed or removed until it has been paid for.

 9. REMEDIES FOR NON-PAYMENT OR FAILURE TO COLLECT PURCHASES

9.1            If any Lot is not paid for in full and taken away in accordance with these Conditions, or if there is any other breach of these Conditions, we, as agent for the Seller and on our own behalf, shall at our absolute discretion and without prejudice to any other rights we may have, be entitled to exercise one or more of the following rights and remedies:

 (a)         to proceed against you for damages for breach of contract;

 (b)        to rescind the sale of that Lot and/or any other Lots sold by us to you;

 (c)         to resell the Lot (by auction or private treaty) in which case you shall be responsible for any resulting deficiency in the total amount due (after crediting any part payment and adding any resale costs). Any surplus so arising shall belong to the Seller;

 (d)         to remove, store and insure the Lot at your expense and, in the case of storage, either at our premises or elsewhere;

 (e)         to charge interest at a rate not exceeding 1.5% per month on the total amount due to the extent it remains unpaid for more than fourteen working days after the sale;

 (f)          to retain that or any other Lot sold to you until you pay the total amount due;

 (g)         to reject or ignore bids from you or your agent at future auctions or to impose conditions before any such bids shall be accepted; or

 (h)         to apply any proceeds of sale of other Lots due or in future becoming due to you towards the settlement of the total amount due and to exercise a lien (that is a right to retain possession of) over any of your property in our possession for any purpose until the debt due is satisfied.

 9.2            We shall, as agent for the Seller and on our own behalf pursue these rights and remedies only so far as is reasonable to make appropriate recovery in respect of breach of these Conditions

 10. THIRD PARTY LIABILITY

10.1        All bidders, buyers and other members of the public on our premises are there at their own risk and must note the lay-out of the accommodation and security arrangements. Accordingly neither the auctioneer nor our employees or agents shall incur liability for death or personal injury or for the safety of the property of persons visiting prior to or at a sale (except in each case as may be required by law by reason of our negligence)

 11. COMMISSION BIDS

11.1        Whilst prospective buyers are strongly advised to attend the auction and are always responsible for any decision to bid for a particular Lot and shall be assumed to have carefully inspected and satisfied themselves as to its condition and authenticity, we will if so instructed clearly and in writing execute bids on their behalf. Neither the auctioneer nor our employees or agents shall be responsible for any failure to do so.

 11.2        Where two or more commission bids at the same level are recorded we reserve the right in our absolute discretion to prefer the first bid so made.

 12. WARRANTY OF TITLE AND AVAILABILITY 

12.1        The Seller warrants to the auctioneer and you that the Seller is the true owner of the property consigned or is properly authorised by the true owner to consign for sale and is able to transfer good and marketable title to the property free from any third party claims.

 12.2        We are acting as the agent of the Seller only and give no warranty as to the Seller's title to the Lot.

 12.3        Save as expressly set out above, all other warranties, conditions or other terms which might have effect between the Seller and you, or us and you, or be implied or incorporated by statute, common law or otherwise are excluded to the fullest extent permitted by law.

 13. TERMS OF SALE

The Seller and the Buyer acknowledge that Lots are sold subject to the stipulations of these Conditions (including the Information For Buyers) in their entirety and on the Terms of Consignment as notified to the Seller at the time of the entry of the Lot.

 14. DESCRIPTIONS AND CONDITION

14.1        Whilst we seek to describe Lots accurately, it may be impractical for us to carry out exhaustive due diligence on each Lot. Bidders are given ample opportunities to view and inspect before any sale and they (and any independent experts on their behalf) must satisfy themselves as to the accuracy of any description applied to a Lot. Bidders also bid on the understanding that, inevitably, representations or statements by us as to authorship, genuineness, origin, date, age, provenance, condition or estimated selling price involve matters of opinion. We undertake that any such opinion shall be honestly and reasonably held and accept liability for opinions given negligently or fraudulently.

 14.2        Subject to the foregoing neither we the auctioneer nor our employees or agents nor the Seller accept liability for the correctness of such opinions and all conditions, attributions and warranties, whether relating to description, condition or quality of lots, express, implied or statutory, are hereby excluded.

 14.3        We are not liable for damage to gilded picture frames, plaster picture frames or picture frame glass. If the Lot is, or becomes dangerous, we may dispose of it without notice to you in advance in any manner we see fit and will be under no liability for doing so. We shall not be liable for any damage to any Lot arising during the viewing, during the sale, or after the sale.

 14.4        We act as agents only. Each Prospective Buyer by making a bid for a Lot acknowledges that they have satisfied themselves fully as to the attribution and condition of the Lot. Pictures have not been removed from their frames unless specifically mentioned in the Condition Report (as in the event the item is unsold it must be returned to the Seller in the condition it was received by us). This Condition is subject to deliberate forgeries (clause 17).

 14.5        Private treaty sales made under these Conditions are deemed to be sales by auction for purposes of consumer legislation.

 15. TRANSFER OF RISK.

15.1        The risk in the Lot shall pass to the Buyer upon completion of the Sale by the Auctioneer.

 15.2        We are not responsible for the correct description, genuineness or authenticity of any Lot as per these Conditions. The Buyer is deemed to have inspected each Lot and satisfied himself/herself to the condition.

 16. OWNERSHIP OF THE LOT

Title to the Lot purchased will not pass to the Buyer until the Buyer has paid us in full and cleared funds the total amount due pursuant to these Conditions and we have applied such payment to the Lot.

 17. FORGERIES 

17.1        Notwithstanding the preceding Condition, any Lot which proves to be a deliberate forgery (as defined) may be returned to us by you within 21 days of the auction provided it is in the same condition as when bought, and is accompanied by particulars identifying it from the relevant catalogue description and a written statement of defects. If we are satisfied from the evidence presented that the Lot is a deliberate forgery we shall refund the money paid by you for the Lot including any buyer’s premium unless:

 (a)         the catalogue description reflected the accepted view of scholars and experts as at the date of sale; or

 (b)         you personally are not able to transfer a good and marketable title to us,

 and in the event of clause 17.1 (a) or 17.1 (b) applying you shall have no rights under this condition.

 17.2        The right of return provided by this clause 17 is additional to any right or remedy provided by law or by these Conditions.

 18. PRIVACY NOTICE. 

We will hold and process any personal data in relation to you in accordance with our current privacy policy, a copy of which is available on our website parkerfineartauctions.com

 19. GENERAL

19.1        We shall have the right, at our discretion, to refuse admission to our premises or attendance at our auctions by any person.

 19.2        Any right to compensation for losses liabilities and expenses incurred in respect of and as a result of any breach of these Conditions and any exclusions provided by them shall be available to the Seller and/or the Auctioneer as appropriate.

 19.3        Such rights and exclusions shall extend to and be deemed to be for the benefit of employees and agents of the Seller and/or the auctioneer who may themselves enforce them.

 19.4        Special terms may be used in catalogue descriptions of particular classes of items in which case the descriptions must be interpreted in accordance with any glossary appearing in the catalogue.

 20. NOTICES

Any notice to any buyer, seller, bidder or viewer may be given by first class mail or email in which case it shall be deemed to have been received by the addressee 48 hours after posting or in the event of email upon actual receipt of such email.

 21. NO WAIVER

Any indulgence extended to bidders, buyers or sellers by us notwithstanding the strict terms of these Conditions or of the Terms of Consignment shall affect the position at the relevant time only and in respect of that particular concession only; in all other respects these Conditions shall be construed as having full force and effect.

 22. LIABILITY

Nothing in these Conditions shall limit any liability which cannot legally be limited, including liability for:

 (a)         death or personal injury caused by negligence;

 (b)         fraud or fraudulent misrepresentation;

 (c)         breach of the terms implied by section 12 of the Supply of Goods Act 1979 (title and quiet possession) however attention is drawn to clause 12.2.

 23. LIMITATION OF LIABILITY TO NON-CONSUMERS (This clause 23 applies only to non-Consumers)

23.1        Subject to clause 22, and unless you are an individual purchasing or selling the Lot for purposes which are wholly or mainly outside your trade, business, craft or profession (Consumer), our total liability to either the Buyer of the Seller (as appropriate) shall not exceed the value of the Lot sold by the Seller to the Buyer. The following types of loss are wholly excluded by us:

 (a)         loss of profits;

 (b)         loss of sales or business;

 (c)         loss of agreements or contracts;

 (d)         loss of anticipated savings;

 (e)         loss of or damage to goodwill, and

 (f)          indirect or consequential loss.

 23.2        Subject to clause 22, all conditions, warranties and other terms which might otherwise be implied by statute, common law or the law of equity, including without limitation the terms implied by sections 13 to 15 of the Sale of Goods Act 1979, are, to the fullest extent permitted by law, expressly excluded.

 24. LIMITATION OF LIABILITY TO CONSUMERS (This clause 24 applies only to Consumers)

24.1        Consumers are reminded that we act only as an agent of the Seller and are not the supplier of the Lots.

 24.2        If the Auctioneer or the Seller fails to comply with these Conditions, it or they shall be responsible for loss or damage you suffer that is a foreseeable result of its or their breach of these Conditions or its or their negligence, but neither the Auctioneer nor the Seller shall be responsible for any loss or damage that is not foreseeable. Loss or damage is foreseeable if they were an obvious consequence of the breach or if they were contemplated by the Agent and/or the Seller and the Buyer at the time this contract was entered into.

 25. RIGHT TO CANCEL

25.1        If you purchase a Lot at a virtual auction (an auction which is held online only so that there is no possibility for you to attend the auction in person) and you are contracting as a Consumer and the Seller of a Lot is a trader, you will have a statutory right to cancel your purchase of that Lot if you change your mind for any reason. The provisions below set out your legal right to cancel in those circumstances.

 25.2        You may cancel your purchase at any time from the date of our order confirmation up to the end of the fourteenth day after the day of collection of the lot by you or the person specified by you for collection.

 25.3        To cancel your purchase, you must inform us of your intention to cancel it. You can do this by completing the model cancellation form which can be found on our website. If you use this method we will email you to confirm that we have received your cancellation. Alternatively, you  send  us your cancellation  notice by any other method and then your cancellation  is effective from the date you send us the email or post the letter to us.

 25.4        If you exercise your right to cancel your purchase, you will receive a refund of the total amount due paid for the Lot in accordance with clause 7. When exercising the cancellation right, you must return the lots to us immediately at your own cost (as set out below).

 25.5        You are entitled to a reasonable opportunity to inspect the Lots (which will include removing them from their packaging and inspecting them). At all times, you must take reasonable care of the Lots and must not let them out of your possession. They must remain in original, untouched condition. If you are in breach of your obligations to take reasonable care of the Lots in this clause 25.4, we will have a claim against you and may deduct from the refund costs incurred by us as a result of the breach.

 25.6        This provision does not affect your statutory rights.

 25.7        The cancellation right described in this clause 25 is in addition to any other right that you might have to reject a Lot, for instance because it is a deliberate forgery as set out in clause 17 above.

 26. EXERCISING THE RIGHT TO CANCEL

26.1        Where you have validly returned a Lot to us under your right of cancellation described in clause 25, we will refund the full amount paid by you for the Lot.

 26.2        Please note that we are permitted by law to reduce your refund to reflect  any reduction in the value of the Lot, if this has been caused by your handling of the Lot in a way contrary to the conditions specified in these terms or which would not be permitted during a pre-sale exhibition held prior to an auction. If we refund you the price paid before we are able to inspect the Lot and later discover you have handled the Lot in an unacceptable way, you must pay us an appropriate amount.

 26.3        You will be responsible for returning the Lot to us at your own cost.

 26.4        We will process any refund due to you within the deadlines below:

 (a)     if you have collected the Lot but have not returned it to us: fourteen days after the day on which we receive the Lot back from you or, if earlier, the day on which you provide us with evidence that you have  sent the  Lot back to us; or

 (b)     if you have not collected the Lot or you have already returned the Lot to us: 14 days after you inform us of your decision to cancel your contract.

 26.5        We will refund you using the same means of payment that you used for the transaction.

 26.6        Legal ownership of a Lot will immediately revert to the Seller if we refund any such payment to you.

 27. DISPUTES

Any dispute not herein provided for shall be settled at the sole discretion of the Auctioneer.

 28. FORCE MAJEURE

We shall not be in breach of these Conditions nor liable for the delay in performing, or failure to perform, our obligations under these Conditions (or otherwise) if such a delay or failure results from events, circumstances or causes beyond our reasonable control.

 29. ENTIRE AGREEMENT

These Conditions constitute the entire agreement between the parties and supersede and extinguish all previous agreements, promises, assurances warranties representations and understandings between them, whether written or oral, relating to its subject matter. Except as set out in these Conditions, no variation of these Conditions shall be effective unless it is in writing and signed by the parties (or their authorised representative).

 30. IMAGES

Prior written consent must be sought by the buyer or any other party for the use of  any images, illustrations and written materials produced by or for Parker Fine Art Auctions Ltd relating to a lot or sale, including the contents of a catalogue. Copyright for any of the aforementioned will remain the property of Parker Fine Art Auctions Ltd, subject to the provisions of the Copyright, Design and Patents Act 1988. Parker Fine Art Auctions Ltd and the seller make no representations or warranties that the buyer of a lot will acquire any copyright to other reproduction rights to it.

 31. GOVERNING LAW AND JURSIDICTION

These Conditions shall be governed by and construed in accordance with English law and the parties irrevocably submit to the exclusive jurisdiction of the English courts.