Terms and Conditions for Domain Sales and Transfers

Applicable to all items submitted to Tradingmarks Ltd (hereafter referred to as TM).

If any dispute arises as to the agreed price, TM shall have absolute discretion to determine the dispute and may put up again and resell the lot in respect of which dispute arises.

TM has full discretion to refuse any offer, to divide any lot, to combine and offer lots from the sale without giving reason.

The price shall be regulated by and at the absolute discretion of TM, which shall have the right to refuse any offer or offers should it decide.

Each lot shall remain the property of the vendor, until paid for in full, but shall be at the purchaser's risk when paid for in full. Each lot shall be paid for in full before delivery by a purchaser in sterling within 7 days of receipt of invoice, or such longer time as shall be agreed in writing between TM and the Purchaser (the onus of such prior arrangement lies with the prospective purchaser).

If any purchaser fails to pay in full within the time stated, such lot may at any time thereafter at TM's discretion be put up for sale by auction or sold privately. The purchaser shall make good any difference in price, reduction in premium and costs or resale which shall become a debt due for him to extent that any increase price or resale does not fully cover the amount of such debt.

Where an agent purchases on behalf of an undisclosed client such agent shall be personally liable for payment of the purchase money to TM and for sale delivery of the lot to the said client. Interest at the rate of 5% per annum over National Westminster Bank base rate for the time being shall be payable by the purchaser on any overdue account but TM shall have discretion to waive payment of such interest.

TM exercises all reasonable care in the description of lots and statements as to genuineness of lots, but, subject tot he provisions of these Terms, Conditions and Notices, such descriptions and statements are not intended, nor are they to be taken as, statements of representations of fact but merely statements of the opinion of TM given in good faith. Provided however that TM will warrant the description and genuineness of the lots comprising three or fewer items on the undermentioned terms and conditions.

1. Each lot is sold as genuine unless otherwise described.

3. No lot shall be rejected if subsequent to the sale, it has been marked or treated by any process whatsoever unless TM's permission to subject the lot to such marking or treatment has been obtained in writing.

4. Once the lot has been transferred into the purchaser's name (or on behalf of an agent acting for their client), TM can accept no responsibility for any future transfer of the lot and its certificate of ownership.

TM sales and purchases will be charged at the prevailing rate, set at 5% of the final price, and a one-off administration charge of £25.00 for each lot (all prices shown are exclusive of VAT).

Final settlemet notification to the seller is sent one month after the last date of the auction with a cheque for the sale amount agreed, with charges as above, deducted from the sale proceeds.

By making an offer price the purchaser acting in the sale, acknowledges and accepts these Terms, Conditions and Notices and any special terms stated by TM to apply to any lot.

TM cannot accept responsibility whenever seller withdraws an item for sale at any time during or after the item has appeared on TM’s web site