Terms and Conditions of Sale to J&J Antiques & Collectibles
Item Representation and Authenticity
Ownership and Legal Status: The Seller guarantees that each item is their legal property, free from any liens or encumbrances.
Authenticity: The Seller certifies the authenticity of the items and will provide any available documentation proving their provenance.
Disclosure of Condition: The Seller must disclose any known restorations, repairs, or alterations to the items.
Condition Reports
Inspection: J&J Antiques and Collectibles will inspect the items to the best of their ability.
Independent Assessment: J&J Antiques and Collectibles reserves the right to have the items independently assessed by a third-party reviewer or industry specialist before offering a purchase price.
Communication of Findings: Inspection results will be communicated to the Seller. If discrepancies arise between the initial inspection and the third-parties’ findings, the Seller may be required to address these issues.
Adjustments: J&J Antiques and Collectibles reserves the right to adjust the purchase price based on discrepancies found by the third-party.
Pricing and Valuation
Appraisal: J&J Antiques and Collectibles may require time to research the item for sale, prior to offering a market related price for the item.
Final Sale Price: The final sale price will be mutually agreed upon by both the Seller and J&J Antiques and Collectibles.
Payment Terms
Identification: The Seller must present a valid ID document or passport for the sale to proceed.
Payment: Payment to the Seller will be made immediately after agreeing on the price.
Payment Methods: Payment is made either via Electronic Funds Transfer (EFT) to the Seller’s nominated bank account or via cash.
Documentation: A photograph of the items being bought, a copy of the receipt outlining the items and their respective values, and the Sellers’ valid ID document or passport will be taken.
Delivery and Shipping
Item Removal: J&J Antiques and Collectibles will remove the item from the Seller’s property immediately after payment.
Cooling-Off Period
Finality: Once the sale is agreed upon and executed, it is considered final.
Legal Compliance: There is no statutory cooling-off period under South African law.
Inspection Fees
Discrepancy Costs: If items significantly differ from the Seller’s description, J&J Antiques and Collectibles reserves the right to charge the Seller for any costs incurred during independent assessments.
Liability
Risk During Transportation: J&J Antiques and Collectibles assumes the risk during transportation of the items to their premises or storage facilities.
Insurance: J&J Antiques and Collectibles will arrange for the necessary insurance coverage.
Compliance with Laws
Legal Compliance: The Seller agrees to comply with all applicable laws and regulations related to the sale of antiques and collectibles, including any export or import restrictions.
Confidentiality
Confidentiality Agreement: Both parties agree to maintain confidentiality regarding the terms of the sale and any sensitive information shared during the transaction.
Indemnity
Indemnification: The Seller agrees to indemnify J&J Antiques and Collectibles against any claims arising from the sale of items found to be stolen, counterfeit, or misrepresented.
Governing Law
Jurisdiction: This agreement will be governed by the laws of South Africa.
Force Majeure
Exemption for Unforeseen Events: Neither party will be liable for delays or failures in performance due to events beyond their reasonable control, such as natural disasters, strikes, or governmental actions.