S.p.A., with registered offices in Milan, Via Paolo Sarpi 6, Tax Code, VAT and registration number with the Register of Enterprises of Milan 09479031008, REA MI-2570656, share capital of Euro 100,000.00, fully paid up] A lot that has been restored or undergone modifications of any kind (including repainting or overpainting) does not constitute a counterfeit Įxpenses: in connection with the purchase of a lot, all the expenses due to Finarte by the Buyer, including (but not limited to) taxes of any kind, packaging and shipment costs, expenses related to the collection of any sums due by a defaulting Buyer, expenses (if any) incurred for reproduction, estimate and/or authentication of the lot, the Artist’s Resale Right, which the Buyer agrees to pay and which is payable by the seller under Article 152, first paragraph, of Law 633 of 22 April 1941 įinarte: Finarte Auctions S.r.l. Buyer: the natural person or legal entity making the highest bid in relation to the lot accepted by the auctioneer at an auction īuyer’s Premium: the consideration due to Finarte by the Buyer in connection with the purchase of the lot and calculated as a percentage of the Hammer Price, on the basis of the percentage value set out in the auction catalogue or in these General Terms and Conditions of Sale, in addition to any other amount due to Finarte by the Buyer as VAT or any equivalent tax Ĭonsumer Code: Legislative Decree 2016 of 6 September 2005 Ĭounterfeit: according to Finarte’s reasonable opinion, an imitation of a lot offered for sale, not described as such in the auction catalogue, created for the purpose of being deceptive as to its authorship, authenticity, provenance, attribution, origin, source, date, age, period, and that, at the date of sale, had a lower value than the one it would have had if the lot had corresponded to the description in the auction catalogue.
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