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Conditions of sale

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CONDITIONS OF SALE, contracts. The terms upon which the vendor of property by auction pro poses to sell it; the instrument containing these terms, when reduced to writing or printing, is also called the conditions of sale.
     2. It is always prudent and advisable that the conditions of sale should be printed and exposed in the auction room; when so done, they are binding on both parties, and nothing that is said at the time of sale, to add to or vary such printed conditions, will be of any avail. 1 H. Bl. 289 12 East, 66 Ves. 330; 15 Ves. 521; 2 Munf. Rep. 119; 1 Desauss. Ch. Rep. 573; 2 Desauss. Ch. R. 320; 11 John. Rep. 555; 3 Camp. 285. Vide forms of conditions of sale in Babington on Auctions, 233 to 243; Sugd. Vend. Appx. No. 4. Vide Auction; Auctioneer; Puffer.



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n Read the Important Notice to Bidders, the Memorandum of Sale and the general conditions of sale.
According to Christie's conditions of sale, failure to pay enables the re-auctioning of a lot within a month of the original sale, if the seller agrees.
Tattersalls Ireland also notes that the conditions of sale clearly outline the implications for purchasers where payment is not received within the specified 28-day period.
 
 
 
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