GENERAL PROVISIONS1.1. PAYUK DMITRY ZINOVIEVICH is the Individual Entrepreneur and Auction organizer, hereinafter referred to as "Organizer" or Auction House "Vinyl Bazar". Trades are held only within the Auction House and only on his behalf.1.2. The Auction House "Vinyl Bazar" in its activities is guided by these rules and regulations and the current legislation of the Russian Federation.1.3. The Auction House acts as an agent of the Seller. The agent acts on his own behalf and at the Seller's expense. 1.4. The Buyer at the auction may be capable individual who have reached the age of 18, or legal entities hereinafter referred to as the "Buyer".1.5. Any and all amendments to these terms are valid when made in writing and signed by both Parties.
REGISTRATION2.1. The Buyer’s registration as Participant is the condition for purchasing items through the Organizer. Registration is free of charge and is required only for bidding. Registration signifies full agreement with the rules of participation in the auction and is based on Art. 438 Civil Code of the Russian Federation.2.2. Registration is done on the Website page (Login-Registration). The registrant must indicate the name, surname, e-mail and contact phone, as well as the system name which is displayed at the auctions.2.3. Registration data is confidential and can be accessed only by the Organizer’s administration and the Buyer himself. The password is specified at registration and can be changed at any time only by the Buyer.2.4.The personal data used at bidding will state the bid to belong to an individual of this personal data. In case there is a suspicion of third parties accessing the password the Buyer must immediately contact the Organizer.2.5. Following the registration a confirmation letter will be sent to the e-mail address.2.6. The Organizer reserves the right to refuse the registration or participation in auctions without reasoning.2.7. The Auction House's representative has the right to request the potential bidder to provide: documents confirming the submitted identity, accounts statement and other financial documents confirming the auction participant financial solvency.
PREPARATION FOR AUCTION3.1 Through the website the Buyer accesses all the necessary information on current and upcoming auctions. The Buyer may call or send a message to the Auction House in case of questions or mistakes.3.2 The Auction House autonomously evaluates the Item, assigns a reserve price and provides photographs and description.3.3 Prior the deal the Buyer himself must directly ensure accuracy of description, condition and need to obtain the item. A pre-auction exhibition of auction items is held for this purpose.3.4 The Auction House disclaims any responsibility for specification errors, unsatisfactory photographs or other inaccuracies associated with item exposed to the auction.3.5 The Auction House handles only decent items in current condition provided by Seller. The Auction House does not conduct any repairs, cleaning, restorations or other works related to the item’s quality or condition.
THE AUCTION PROCESSING ORDER4.1. Auctions’ periods are indicated in the "Auction calendar” section, Moscow time.4.2. After the Auction starts, the catalog is published in the "Auction №" section and the admitted Buyers can place bids.4.3. The Organizer places on website photographs and descriptions of actual lots, but it is strongly recommended to attend the pre-auction exhibition for direct review. The preauction exhibition periods are available on the Internet or by phone: +7(916)311-17-01;+7(499)745-07-99.4.4. Minimal lot’s bid augmentation:From 500 to 2 000 rubles: 100 rubles,From 2 000 to 5 000 rubles: 200 rubles,From 5 000 to 10 000 rubles: 500 rubles,From 10 000 to 20 000 rubles: 1000 rubles,From 20 000 to 50 000 rubles: 2 000 rubles,From 50 000 to 100 000 rubles: 5 000 rubles,From 100 000 to 200 000 rubles: 10 000 rubles,From 200 000 to 500 000 rubles: 20 000 rubles,From 500 000 to 1 000 000 rubles: 50 000 rubles,More than 1 000 000 rubles: 100 000 rubles.4.5. The Organizer reserves the right to withdraw any lot from the auction at his discretion.4.6. Prices for lots are indicated in Russian rubles.4.7. Payment for the purchased lot shall be made in Russian rubles.4.8. Russian is the official language of the auction.4.9. The Buyer wins the auction by placing the highest bid.
PAYMENT5.1. The Organizer's commission is 25% off the price at the auction. The payment must be completed within 7 (seven) business days since the trade is over.5.2. Available payment options:- payment in cash- electronic payment transfer- payment with credit card: VISA, VISA ELECTRON, MasterCard, MasterCard Electronic, Maestro, WORLD, JCB, UnionPay.The Invoice issued by Organizer according to the trade results serves as the basis for payment.5.3. In case no payment is completed by the Buyer (winning bidder) within 14 (fourteen) business days since the trade is over, or no other payment due dates are agreed between the Buyer and the Organizer a penalty of 300 rubles is charged for each extra day.5.4. In case of Buyer's transaction refusal the Organizer reserves the right to: disallow the Buyer in subsequent auctions, share the relevant information with other Auction Houses, demand a 25% penalty from the Buyer off the purchase sum, apply to the court for moral and material damage compensation in accordance with the current Russian legislation.5.5. In case of Buyer's transaction refusal the Organizer declares the lot’s trade void and, at his discretion, may expose the lot for subsequent auctions or return it to the Seller.
HANDING OVER6.1. The Buyer can pick up the gained lot either in person at the office or order a delivery. The Delivery is executed at the Buyer’s expense.6.2.When ordering a delivery the Buyer must send a letter with the address specification. The Organizer chooses the option and calculates the cost. Courier delivery is charge free, postal or transport shipment is charged according to the chosen option’s tariffs.6.3. All items pending the shipment will be decently packed.6.4. The delivery and shipment are processed when paid in full.
CONDITION AND AUTHENTICITY OF ITEMS7.1. The objects’ condition (vinyl records) is described only from visual criteria and characteristics according to a strict British assessment system (BAS).7.2. Complete condition characteristics and the regular describing abbreviations (vinyl records) are available on the website in the "Buy" section.
GUARANTEES8.1. The Auction House "Vinyl Bazar" shall make all necessary arrangements to provide the reliable information on the exposed items.8.2. Items sold at auction are not refundable and exchangeable.8.3.The items (arts and autographs only) confirmed with expert assessment by the time of auction do not allow disclosing a statement of their possible forgery.8.4. The Buyer must apply the statement on the purchased item's forgery within 3 (three) weeks since the date of auction and support it with at least two different independent expert reports issued by authorized organizations or experts.8.5. In case the item’s forgery is conclusively proven, it must be delivered to the Organizer in the same condition as it was sold on the day of auction, without any changes or interventions.8.6.The Organizer refunds such item to the Buyer as soon as the sum is received from the Seller, or in case the fund was not yet transferred to the Seller the organizer refunds on the same day.8.7.The refund guarantee is applied only directly to the Buyer that must be confirmed by the relevant documents. The returned item must be exempt from real obligations that the Buyer must also confirm.8.8. The Auction House "Vinyl Bazar" guarantees the confidentiality of information about the Buyer's name, location, the purchased lots and their value and all other personal data complete at registration.