AUCTION TELEPHONE/PROXY/INTERNET BIDDING REGISTRATION FORM
METHOD I hereby instruct CBRE Limited (“CBRE”) to bid on my behalf in accordance with the opposite terms and conditions and I acknowledge that should your bid be successful then that bid and offer will be binding upon me. I confirm that CBRE may take my proxy/telephone/internet bid when the relevant property is being offered at the auction and I acknowledge that such bidding may be recorded in order to avoid any disputes or uncertainties.
PLEASE FILL IN SECTIONS 1 TO 10 1 Bidding
2 Lot No. & Address: (single lot or various lots)
TELEPHONE PROXY INTERNET Delete as appropriate
TERMS&CONDITIONS FORTELEPHONE/PROXY/INTERNETBIDDING Anyone not able to attend the auction to make their own bids may utilise the facilities available on the following terms and conditions: 1. The bidder must complete this Bidding Form (sections 1 to 10) together with a separate Memorandum of Agreement (on the inside back cover of the auction catalogue) for each Lot involved. The Bidding Form must be signed on behalf of the bidder and (if different) the Buyer. Failure to sign the form will be treated as a fundamental error that will entitle the Auctioneer to disregard the bid. The bidder must provide a deposit cheque or an instruction to its bank to transfer the deposit to the bank account of the seller’s solicitors or the Auctioneers (as provided for in the ExtraConditions of Sale or the SpecialConditions of Sale) using theClearing House Automated Payment System, to the bank of the seller’s solicitors or the Auctioneers (as the case may be) as contained in the Special Conditions or provide a banker’s draft or solicitors' client account cheque, which must be drawn on a UK clearing bank account of the buyer and be for the greater of 10% of the maximum amount you intend to bid for the Lot or £1,000 to be made payable to the seller’s solicitor (as provided for in the ExtraConditions of Sale or the SpecialConditions of Sale).No price is to be inserted in each relevant Memorandum of Agreement which must in each case be signed by the bidder.
2. The signed Memorandum of Agreement, Deposit, Special Conditions, Addendum (where available), Proof of Identity, the Bidding Form and the £10 Adimistration Charge must be sent to, or delivered to,MARTINCHRISTOPHER, CBRE,HENRIETTAHOUSE,HENRIETTA PLACE, LONDON W1G 0NB, to arrive before 5pm on Tuesday 15th May 2012. It is the bidder’s responsibility to check that these documents have been received by CBRE which should be done by telephoning the office on the number below.
3 Maximum Bid Price: (Proxy bids only)
4 Bidder’s Name: Bidder’s Address:
3. If any changes are required to the Bidding Form, the Auctioneer should be notified of this in writing (but not by email). Changes to the Bidding Form can only be made prior to the Auction if the Auctioneer agrees to them.
4. If there is any error or confusion in either the Bidding Form or the accompanying documentation, the Auctioneer reserves the right not to accept the bid. The Auctioneer’s decision as to what constitutes error or confusion is final.
5. The bidder shall be deemed to have read the ‘Important Notices to Bidders’ and in the case of internet bidding ‘How to Bid Live via the Internet’, the particulars of the relevant Lot in the auction catalogue; the Common, Extra and Special Conditions of Sale, the legal dossier and any addendum to any of these. The bidder shall be deemed to have taken all necessary professional and legal advice and to have made appropriate enquiries, searches, surveys and inspections in respect of any relevant Lot and have knowledge of any announcements to be made from the rostrum of any amendment or addendum relating to the relevant Lot.
6.
INTERNET BIDDING: (a) The bidder must access
www.propertyauctions.com and identify itself using its pin and client number at least 10 minutes before the Auction of the relevant lot.
(b) If a successful internet connection is made between the bidder and CBRE, the bidder may then compete in the bidding. The bidder’s bid will be relayed to the Auctioneer.
Bidder’s Email Address:
5 Buyer’s Name: (if different from above)
6 Telephone Number:
Mobile Telephone Number:
7 Deposit: Cheque Enclosed
8 Legal Pack:
Bidder MUST have read and understood the legal pack and signed/initialled the Special Conditions of Sale
9 Addendum: Bidder’s fax number (or email as above)
10 Signature: 11 RETURN TO CBRE (a) Completed Bidding Form,
(b) Completed Memorandum of Agreement, (c) Special Conditions (Signed or Initialled), (d) Deposit Cheque, (e) Proof of Identity
(f) £10 Administration Charge
12 Proof of Identity Please refer to the Auction Information in the front pages of this catalogue.
(c) If a successful internet connection is not made between the bidder and CBRE before or during the sale of the relevant lot or if a successful connection is made but is then cut or interrupted, the bidder will not be able to bid for the relevant lot.
7. PROXY BIDDING: (a) The Auctioneers will bid on behalf of the bidder up to the amount stated by the bidder on the Bidding Form which must be an exact figure only.
(b) The bidder may, in writing only, withdraw its proxy bid at any time up to the commencement of the Auction. It is the bidder’s responsibility to ensure the Auctioneer receives such instructions.
8. TELEPHONE BIDDING: (a) When the lot comes up for Auction, CBRE will attempt to telephone the bidder using the telephone number provided by the bidder on the Bidding Form.
(b) If a successful telephone connection is made between the bidder and CBRE, the bidder may then compete in the bidding and CBRE will relay the bidder’s bid to the Auctioneer on behalf of the bidder.
(c) If a successful telephone connection is not made between the bidder and CBRE before or during the sale of the relevant lot, or if a successful telephone connection is made, but is subsequently cut or interrupted, CBRE will not bid on behalf of the bidder.
9. CBRE reserve the right not to bid on behalf of proxy and telephone bidders or acknowledge an internet bid in the event of any error, doubt, omission, uncertainty as to any bid, or for any reason whatsoever, and in the case of proxy and telephone bidding, give no warranty or agreement that any bid will be made on behalf of the bidder and accept no liability if no bid is made on behalf of the bidder for any Lot and in relation to internet bidding accept no liability if an internet bidder’s bid is not relayed over the internet to the Auctioneer.
10. In the event that the bidder is successful the Auctioneer will sign the Memorandum of Agreement on behalf of the seller (a binding contract between the bidder and the seller is formed on the fall of the hammer) and forward the vendor’s signed part of the contract to the purchaser’s solicitor. The bidder will be bound by the Extra Conditions of Sale, the Special Conditions of Sale and the Common Auction Conditions (as set out in the Auction catalogue). The details appearing on the bidding form will be entered into the Memorandum of Agreement. Changes to these details may not be made without the Seller’s prior consent for which the Seller might make a charge.
11. In the event that any Lot is knocked down to the bidder details of the amount of the deposit monies will be inserted in theMemorandum of Agreement. Where any cheque presented by a bidder in payment of the deposit exceeds the required 10%, any excess will not be returned and will form an increased deposit and will be held in accordance with the Extra Conditions of Sale or any variations of them contained in the Special Conditions of Sale.
12. The deposit shall be paid to the relevant vendor’s solicitor (unless otherwise stated) either by a cheque or banker’s draft drawn on an account of the bidder at a UK clearing bank or as specified in Clause 1 above. The Auctioneers may re-offer the Lot for auction if the deposit is not paid or transferred in the prescribed manner.
13. In the event that the bidder is unsuccessful at the auction, the deposit cheque or banker’s draft shall be destroyed or returned promptly by the auctioneers to the bidder. CBRE shall not be obliged to account to the bidder for any interest accruing on any deposit.
14 There is an administration charge to cover all telephone/proxy/internet bids of £10 inclusive of VAT. Please provide a cheque for £10 made payable to CBRE Limited and send with the other bidding documentation.
15. SCOTTISH LOTS: In addition to theMemorandum of Agreement, the bidder must by letter instruct a member of CBRE staff to relay bids on his/her behalf and sign any legal documentation required including the Conditions of Sale, Articles of Roup and Minutes of Enactment.
Please return to Martin Christopher, CBRE, Henrietta House, Henrietta Place, LondonW1G 0NB. Tel: 020 7182 2540 Fax: 020 7182 2500, to arrive by 5pm on Tuesday 15th May 2012.
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