23
CONDITIONS OF SALE
1) Alif Art acts as agent for the seller, and acts as a seller inciden-
tally for the lots financed by itself.
2. All merchandises offered for sale at auctions shall have to com-
ply with Law no 2863 on the protection of Cultural and Natural
Property, and they are controlled prior to the auction by ex-
perts appointed by the Topkapı Palace Museum, the Turkish
Islamic Works of Art Museum, the Istanbul Archaeology Mu-
seum, the Military Museum, the Yıldız Palace Museum and the
Ayasofya Museum. A certificate will be issued by authorities
concerned to any item if deemed necessary from the angle of
legal considerations.
3. Descriptions are generally made in the catalogue in regard to
the restoration, repair or renewal of certain parts of the mer-
chandise, yet the company cannot be held responsible for
such repair or restorations. All merchandises are available for
examination prior to auctions, therefore all prospective bid-
ders participating in the auction are deemed to have duly
observed and examined the merchandises beforehand. All
information provided by our experts in the auction catalogue
for the merchandises are exclusively in nature of opinion state-
ments and is not to be relied as statements of facts. Bidders
accept and covenant that all merchandises are sold “AS IS”,
that the buyer has adequately examined the merchandise, and
that the buyer waives from the enforcement of Article 198 un-
der the Code of Obligations. It is not compulsory to state in
wording for all merchandises that such merchandise is sold “as
is”. Details and any sort of notice regarding the merchandise
do not constitute a guarantee, and are only in nature of gen-
eral information. The buyer accepts this condition in advance.
Alif Art is not liable for guarantee upon the merchandise sold.
The buyer will not raise any objection and make any claim to
Alif Art in this respect subsequently.
4. The final sale price of the merchandise is calculated by adding
on the hammer price a commission of 7% + VAT and any ap-
plicable tax and other levies. If the buyer fails to make full pay-
ment within the required time, Alif Art will be entitled to can-
cel the sale without further notice and indemnify all its losses
together with the accrued interest, legal fees and costs for the
recovery of the invoice total together with legal interest accru-
ing as of the date of such invoice. Alif Art reserves the right to
seek in its own discretion other remedies and rights availabl
by law. The merchandise will not be released and delivered t
the buyer unless all costs incurred by Alif Art for the storag
and safekeeping of that merchandise until the collection of th
invoice value have been paid by the buyer.
5. Alif Art holds the insurance liability of the merchandise for
period of one week following the sale. Responsibility of an
damage to the auction item sold but not paid for and deliv
ered from Alif Art within one week shall lie with the buyer. B
arranging for the insurance of the merchandise purchased, th
buyer may have the merchandise maintained by Alif Art.
6. Alif Art is entitled to, without producing any reason, refus
to admit any person to the auction, withdraw or divide an
merchandise, combine any two or more merchandises, refus
the sale of any merchandise, or administer the auction withou
following the order of lot numbers as they appear in the cata
logue.
7. In case the merchandise offered for sale under this auctio
does not conform to its respective quality particulars stated
or its provenance contradicts with the stated, or it has bee
offered for sale without the knowledge and will of its lawfu
owner, then all legal liabilities will lie with the entity asking fo
auctioning such merchandise.
8. Pictures published in the catalogue may not be reproduced o
printed, or any written information may not be used withou
the prior consent of Alif Art.
9. R eal and corporate entities participating in the auction an
purchasing the merchandise at a minimum price of TL 12.00
(twelve thousand) will be subject to personal identification i
accordance with Law no 4208.
10. All biddings at auctions are affected by raising appropriat
paddles. The buyer is committed to the bid placed by raisin
his/her paddle. The auctioneer accepts the highest bidder a
the buyer and marks the conclusion of bidding by striking hi
hammer. No voice recording is performed in the auction dur
ing any fact finding process by the notary public or for any par
ticipation by phone. The buyer may no way whatsoever clai
the invalidity of the auction.