TERMS & CONDITIONS

 
 

ATTENTION: THE CONDITIONS OF BUSINESS SHALL CONSTITUTE AN AGREEMENT FOR A SUPPLY OF VALUATION SERVICES (THE "AGREEMENT") BY AFFLUENTAPPRAISALS.COM (THE "COMPANY") TO YOU (THE "CLIENT").

You should read the terms set out below carefully as they will form part of a legally binding contract you will be entering into if you choose to have your object valued by the company (through AffluentAppraisals.com).


INTRODUCTION
The headings in the Conditions of Business are inserted for convenience only and shall not affect the construction of the Agreement. By submitting the photographs of the object to be valued and any related information, the Client: accepts of the Condition of Business as set out here; and grants the Company a world-wide non-exclusive, perpetual, royalty free license on all the material provided. The Company reserves the right to refuse to provide valuation.


THE AGREEMENT
The Agreement shall consist of the Conditions of Business. No other documentation, correspondence or any other form of communication shall form any part of the Agreement unless both parties so agree in writing.
The Agreement shall only be entered into and come into effect once the Company has accepted to make valuation of the object and the Client has paid the Price subject to the Company's right to withdraw its services in accordance with the terms hereof.


VALUATION SERVICES
Under the Agreement, the Company shall provide a valuation service regarding the photograph of an object submitted by the Client. This service consists of giving an electronic estimate of the value of the object submitted (high and low estimate) which the Company's opinion could be achieved if the object were to be sold without reserve on the open market at an international auction with a reputable auctioneer after appropriate marketing and on the basis of your warranties and acknowledgements set out below (the "Valuation") at the time the Valuation is given. The Valuation does not take into account any sale expenses, commissions and taxes (including capital taxes, duties, excises, value added or sales tax) which might apply or become due on a sale or transport of the object. Unless otherwise stated in writing, the Valuation is based on a preliminary inspection of the photograph of the item submitted and without any physical inspection, cleaning, restoration, detailed inspection or disassembly and without any research into the item's background for further tests and analysis. The Valuation is a statement of opinion and not fact.

The Company aims to provide the Valuation within [3] Business Days (Monday - Friday, 8am - 5pm Central Standard Time) after the Client has submitted his request provided you have submitted all relevant details and information by 3pm Central Standard Time (C.S.T.) or 3 Business Days from the following Business Day where all information has been submitted on or after 3pm C.S.T. on a Business Day. If this period of 3 Business Days is exceeded, the Client shall not be entitled to a refund.


THE VALUATION
The Company gives no representation, warranty or guarantee in the Valuation in respect of an object's origin, provenance, attribution, condition, date, age or authenticity. The Company makes no representation or warranty in the Valuation that the object will realize the amount at which it is valued upon a contemporaneous or subsequent public or private sale. The Company does not warrant or represent the Valuation that object valued is safe, functioning or fit for the purpose for which it was intended.

The Valuation shall remain the copyright of the Company and shall be prepared only for the Client and is not to be used by any other person, or disclosed to any third party (other than the Client's professional advisors) or reproduced or published in any form without the Company's prior written consent. The Client shall indemnify and keep indemnified for 21 years the Company and its affiliated companies, and its and their servants, employees and officers against all liabilities and expenses incurred by them as a result of any breach of the above commitment by Client or arising from related claims by third parties in connection with the Valuation.


CLIENTS OBLIGATIONS AND ACKNOWLEDGEMENTS
The Client shall pay the Price for the Valuation to the Company.
The Client warrants to the Company that he is the owner of the object or is duly and properly authorized by the owner to have the object valued.
The Client warrants that each object submitted for valuation is free from any third party interests, restrictions or claims whatsoever.
The Client shall provide clear and accurate photos and provide full and accurate information about the object, such as already known authenticity issues, relevant location of the object, provenance, condition, condition issues, previous sales history and any other related information, in the possession or knowledge of the Client, his agents, employees, servants, advisers or his family. Where "family" in relation to a Client for the purpose of the Condition of Business means the spouse or civil partner of the Client (including former spouse or civil partner), siblings (including step-siblings), parents (including step-parents), and children (including step-children and adopted children) of the Client or the Client's spouse or civil partner.

The Client acknowledges the following statement: The Valuation is an estimate that is a matter of reasonable opinion and as such opinions as to value may differ. Particular circumstances affecting the value of an individual object may not be known or foreseeable at the time of the Valuation. Values can also fluctuate as a consequence of external circumstances such as, without limitation, changes in the prevailing market condition for the object or changes in relevant scholarship. In addition, the preliminary nature of the valuation work carried out may mean that the identification, attribution and value of the object might be subject to change on further examination or research by experts at a later stage whether these are internal or external to the Company. Unless otherwise stated in writing, the Valuation only reflects an estimate, the inherent characteristics (visible from the photographs provided) of the object being valued and does not reflect the surrounding circumstances of the object being valued (such as, without limitation, the object's provenance or place in a wider collection, or the existence of several similar items available for sale at the same time).


THE PRICE OF VALUATION
The Price shall be in accordance with the price list published on the Company's website at the time the item is submitted by You. The Company reserves the right to revise prices at all time and to hold special offers and discounts at various times.
 

LIMITATION OF THE COMPANY'S LIABILITY
The Company shall not be liable for any deficiency (including but not limited to any omissions, mistakes, erroneous attributions, authenticity issues or inaccurate values) in the Valuation as a consequence of:

  • external circumstances such as (without limitation) changes in the prevailing market condition for the object, information not publicly available or changes in the relevant scholarship;
  • the surrounding circumstances of the object being valued (such as, without limitation, the object's provenance or place in a wider collection, or the existence of several similar items available for sale at the same time);
  • failure to provide full and accurate information in the knowledge or possession of the Client, his agents, employees, servants, advisers or his family; and
  • any other factors that cannot be identified by a reasonable inspection of the photographs received and information received by the Company (including but not limited to factors that can be identified only by a physical inspection of the object).

Nothing in the Conditions of Business shall exclude or limit the Company's liability for: death or personal injury caused by negligence; or fraud; or misrepresentation as to a fundamental matter; or any liability which cannot be excluded or limited under applicable law.
 

TERMINATION OF THE AGREEMENT
Where the Company breaches clause Error! Reference source not found, of the Conditions of Business: 

  • the Agreement shall be terminated with immediate effect;
  • a refund of the price paid for the Valuation done shall be credited to the Client by the same means through which the Client paid the Company less any administration or other charges made by the Client's credit card, debit card, bank or other provider; and
  • the license to the Valuation shall be revoked and the Client shall destroy the Valuation.

Where the Client breaches clause 4.4, 4.5, 4.7 or any provision of the Condition of Use, or obtains the Valuation in connection with any illegal purpose, in commission of a criminal offense for any other unlawful activity ("Unlawful Conduct"):

  • the Agreement shall be terminated with immediate effect save for the provisions of clauses 4.4, 7.1, 9, 10 and 11;
  • the Client shall not be entitled to a refund on the price paid for the Valuation;
  • the license to the Valuation shall be revoked and the Client shall destroy the Valuation;
  • and the Client shall pay to the Company an amount equal to the Company's liability, expenses and costs arising in connection with the Client's breach of said clauses or Unlawful Conduct. There shall be no further liability to the Company to the Client from the date of termination of the Agreement.
     

RIGHTS OF THIRD PARTIES
No person who is not a party to the Agreement shall have any rights under the Contracts to enforce any term of the Agreement.
 

SEVERANCE
In the event that any part of the Agreement should be held to be unenforceable for any reason, that term shall be deemed to be not part of the Agreement, the remaining portions of the Agreement shall remain in full force and effect.
 

GOVERNING LAW AND JURISDICTION
The Agreement shall be construed in accordance with Texas law. In the event of disputes hereunder, the parties hereto submit to the exclusive jurisdiction of the Texas courts.

CONTACT THE COMPANY
The Company can be contacted by email at Phoebe@AffluentAppraisals.com