1 - General terms for in-person and on-line auction trading – Buyers

1.1 – Company information
Potássio Quatro, Lda  [further referred to as "P4Photography"] VAT nº 505825961, headquarter at 16 Navegantes St. 1200-731 Lisbon EUROPE, is the auction promoter for both the on-line auctions conducted in www.p4photography.com  and in-person auctions taking place in selected salerooms.

1.2 – Buyers’ identification and registration
1.2.1 In-person auctions
a) A previous registration is needed to bid in P4Photography auctions upon which a bidding paddle is given.
b) Name, address, telephone number, fax, e-mail and other information are requested to fill in the registration form.
c) The buyer acknowledges and accepts the general terms for trading in auction by signing the registration form.
d) The bidder is considered to bid for himself unless he’s given a mandate to represent a third party.
1.2.2 On-line registration
a) The user registered on-line at www.p4photography.com “accepts” totally and unequivocally the present general terms and the specific conditions for on-line registration.
b) The “user’s email” combined with the “password” given by P4Photography will unequivocally identify the registered user through any operation performed in the website.
1.2.3 P4Photography holds the right to refuse entrance in the firm headquarters and exhibition and salerooms to anyone considered of unreliable conduct.

1.3 – Bidding
1.3.1 P4Photography is allowed to bid for any property or lot on behalf of others that have specifically asked for it and it’s obliged to execute the agreement held between parties.
1.3.2 Only those who fit the present general terms are allowed to bid except otherwise considered by P4Photography.
1.3.3 P4Photography will declare the property sold in auction to the registered buyer offering the highest bid. The auctioneer has the authority to resolve any query occurring during the auction and may repeat the bid starting from the amount that caused the query in order to dissipate it.
1.3.4 P4Photography reserves the right to refuse entrance in the saleroom to anyone of unreliable behaviour. It is also the company's decision to accept or reject any absentee bid.
1.3.5  P4Photography will accept absentee biddings sent by fax, email or delivered in person up until 24 hours before the auction.

1.3.6 On-line bidding (P4LiveAuctions)
1.3.6.1 P4 Live Auctions enables potential buyers to bid and participate in real time on “P4” auctions, through the Internet at www.p4photography.com/auctions/.

1.3.6.2 For each auction, P4Photography will provide previously registered users a paddle number to access the system and bid online.

1.3.6.3 The online “auction room” may be disconnected at any time without prior notice, if, at a given time, the necessary conditions are not met.

 1.3.6.4 "P4" reserves the right to put on sale only lots previously selected.

1.3.6.5 Online bidding obliges the user just as regular bidding at the auction house and obey to the same set of terms and conditions like regular bidding.

1.3.6.6 The message "SOLD TO YOU" on the online bidding interface of the user indicates that a given lot was sold to him.

1.3.6.7 Only the auctioneer has the right to accept or decline online bidding.

1.3.6.8 Lot closing and selling is managed using the information available at the auction house system computers. P4Photography is not responsible for delayed bids/messages caused by the conditions of Internet traffic and connections availabe throughout the auction.

1.4 – Property condition
Property is placed in auction in the same condition it’s in.

1.5 – Property exhibition
1.5.1 The property placed in auction will be exhibit in public for 24 hours minimum, either through new on-line information systems or locally in the selected saleroom for the auction.
1.5.2 All interested persons have free access to this public exhibition without the need of a previous registration.
1.5.3 Access to on-line exhibition is made through www.p4photography.com website or at a previously determined place.

1.6 – Commission
Buyers pay the purchase price - hammer price plus 15% commission on behalf of “P4” and 21% VAT due on the commission.

1.7 – Payment
1.7.1 The full payment of the property sold is made according to the previous clause within 24 hours after the auction in the selected saleroom or the firm’s headquarter.
1.7.2 The buyer will be penalized with a 5 euro/day tax over each lot purchased in case terms referred in clause 1.7.1 are not fulfilled.
1.7.3 Immediately after the bidding P4Photography may claim from the registered buyer the payment of no less than 30% of the hammer price declared for the purchased property.
1.7.4 P4Photography reserves the right to cancel the sale of property that has not been paid with the total amount declared according to the previous clause within 30 days after the auction. The buyer in debt will not be entitled to any compensation whatsoever and will lose all amounts paid in advance or for any other purpose.
1.7.5 Property registration transference on behalf of the buyer will occur after payment is confirmed available.

1.8 - Property collection
1.8.1 P4Photography reserves the right to refuse collection of property purchased in case full payment estimated according to the previous clauses is not available.
1.8.2 Delay on the collection of property may be penalized with a 5 euro/day tax over each lot purchased.
1.8.3 Collection of property should always be made by the buyer himself or his representative with a legal mandate.

1.9 – Property description
P4Photography's property descriptions are merely nominative and therefore considered correct. It's up to the buyer to seek for a specialist's examination in case he finds it necessary.

1.10 – Publishing rights
P4Photography reserves the right to use and publish by all means and for all purposes both the image and description of all the property placed in auction.

1.11 – Present terms change
P4Photography holds the right to change the present buyers’ general terms which is made by previous publication through the new information and promotion systems in www.p4photography.com website or at the selected saleroom for the auction.

1.12 - Export/Import permits
Buyers should always check whether an export licence is required before exporting. It is the buyer´s sole responsibility to obtain any relevant export or import licence. The denial of any license or any delay in obtaining licences shall neither justify the rescission of any delay in making full payment for the lot. P4Photography, can advise buyers on the detailed provisions of the export licensing regulations and will submit any necessary export license applications on request. However, P4Photography, cannot ensure that a licence will be obtained. Portuguese Law may prohibit the import of same property.

1.13 – Only the court of Lisbon and no other has the authority to conduct any issue resulting from the present buyers’ general terms or any other non-referred issue.

2 - General terms for in-person and on-line auction trading – Sellers

2.1 – Company information
“Potássio Quatro, Lda”, VAT nº 505825961, headquarter at 16 Navegantes, St. 1200-731 Lisbon EUROPE, further referred to as “P4Photography” is the auction promoter for both the on-line auctions conducted in www.p4photography.com and in-person auctions taking place in selected salerooms.

2.2 – Selling contract

2.2.1 – Ownership property guarantee
Both P4Photography and the buyer must have the seller’s guarantee that he’s the legit owner of the property, assuring legal conditions to sell it.

2.2.2 – On-line and / or in-person auction
The “selling contract” between the seller and P4Photography will register the selling option of the property either to take place in the on-line auction at www.p4photography.com  or personally in a selected saleroom.

2.2.3 – Minimum estimated price
The minimum estimated price is established by agreement between the seller and P4Photography in the “selling contract”. P4Photography will previously conduct personal examination of the property.

2.2.4 – Seller’s commission
The commission rate due to P4Photography by the seller is applied on the hammer price as agreed in the “selling contract”.

2.2.5 – Payment of the amount due
P4Photography will provide payment to the former owner of the property purchased in auction, 35 working days upon the selling date and as long as the buyer has fully paid the amount due. P4Photography is also entitled to redraw the commission rate referred in the previous clause.

2.2.6 – Cancellation of the selling contract
P4Photography reserves the right to charge a tax of 20% of the minimum estimated price agreed on the “selling contract” in case the selling of a property should be cancelled. To this tax P4Photography will add all expenses resulting from publicity, marketing, packing and shipping.

2.2.7 – Insurance
P4Photography will provide insurance to cover eventual risks on the property taken to auction or if not the firm will take full responsibility for the lots assuring the minimum estimated price agreed on the “selling contract”.

2.2.8 – Publication and promotion rights
The agreement on a “selling contract” between “P4” and the seller, gives the auctioneer the right to photograph, exhibit, promote, publicize the property as pleased, through printed samples or new information supports displayed in P4Photography www.p4photography.com website.

2.2.9 – Property description
P4Photography is the single responsible for the description and layout of the property both in on-line and printed catalogues.

2.2.10 – Property rejection
P4Photography holds the right to reject property of non-reliable provenance or quality.

2.2.11 – Permission to redraw commission rate and other expenses
All expenses resulting from property in auction – publication, packing, transportation, restoration are the owner’s single responsibility which allows P4Photography to redraw the commission rate and expenses just referred.

2.2.12 – Selling terms change
These general selling terms can only change by mutual agreement between P4Photography and the property owner and as long as it’s registered in a written document.

2.2.13 – Only the court of Lisbon and no other has the authority to conduct any issue resulting from the present general terms or any other non-referred issue.

This set of terms and conditions is part of the General terms for present and on-line auction trading, published in www.p4photography.com website and in P4Photography's auction catalogues.

Conservation Solutions general terms and conditions

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Price and availability
Potássio Quatro will provide information on price, availability and description of the products. However, delivery time doesn’t always depend on the company’s efforts. Potássio Quatro team will keep the client informed on the progress of his order.

Price is always confirmed when an order is placed.

The company may change prices without previous notice.

Products display
Choice and connection of products to the categories and applicable areas are a Potássio Quatro’s option that is based on the company’s own experience. It is not Potássio Quatro responsibility should a product be misused. Technical knowledge is advised for the correct application of a product.

Orders’ dispatch
Potássio Quatro will dispatch orders the following day after stock availability and prompt payment is confirmed.
Estimated time for delivery and transportation expenses will depend on the order’s destination address as well as its weight and/or cubic volume. The company will provide previous quotation for these expenses.

Orders’ collection
The client may choose to collect his order in our installations free from delivery expenses and after confirmation of the stock availability.

Payment
Potássio Quatro will provide the following payment options for products purchase:
Charge on delivery
Bank wire
Check
Paypal

Enquiries, suggestions and complaints
You should place all your inquiries, suggestions and complaints to Potássio Quatro, by email at info@potassioquatro.com or using the on-line form.

Post-sale assistance
Potássio Quatro will provide a permanent post-sale assistance with the manufacturer of the product with a defect.

Warranty
All Potássio Quatro products offer the manufacturers’ guarantee to be used in case it shows any defect. You should then inform our company in order to get your product checked.