Artist keeps copyright over the idea of work.
Conditions of Sale
These conditions of sale ("Conditions of Sale") govern the sale of each lot (a "Lot") to be offered by theSolomon R. Guggenheim Foundation (the “Guggenheim") for sale during the Guggenheim’s
CONTEMPLATING THE VOID: INTERVENTIONS IN THE GUGGENHEIM MUSEUM online fundraisingAuction (the "Auction") to be held from March 4, 2010 to March 18, 2010. By bidding at the Auction, youagree to be bound by these Conditions of Sale. Questions may be addressed to the Guggenheim’sMembership Department by telephone at (212) 423-3584, or by email to bwhine@guggenheim.org.
1.
No Warranty or Liability for the Sale of Works of Art. All Lots are on view at the Solomon R.Guggenheim Museum (the “Guggenheim Museum”) from February 12, 2010 to April 28, 2010. Prospectivebidders are encouraged to examine the Lots and are responsible for satisfying themselves concerning thecondition of the Lots. Prospective bidders acknowledge they had the opportunity to inspect the property orhave chosen not to. Each Lot is sold "AS IS AND WITH ALL FAULTS." The Guggenheim makes norepresentations or warranties of any kind or nature, express or implied, with respect to any work of art soldat the Auction, and in no event shall it assume any risk, be responsible or liable for the correctness of anysuch Lot, nor be deemed to have made any representation or warranty of description, genuineness,authenticity, attribution, importance, provenance, rarity, identity, medium, physical condition, size orcondition of any such Lot. The Guggenheim does not transfer any copyright or other reproduction rights inthe Lots.
2.
Accuracy of Information Posted Online. The Guggenheim has posted information about the Lots online(“Lot Information”). While the Guggenheim has endeavored in good faith to provide the most accurateinformation about the Lots possible, it does not guarantee, and shall not be liable for, the accuracy of theLot Information, including the precise dimensions or exact media of the artworks. No posted statementonline, in the invoice or elsewhere shall be deemed a representation or warranty or any assumption ofliability.
3.
Installation and Handling. Due to the informal, collaborative style of the
CONTEMPLATING THEVOID: INTERVENTIONS IN THE GUGGENHEIM MUSEUM exhibition (the “Exhibition”), theGuggenheim is not hanging the works according to its usual standards. All works will show signs ofhandling from installation and may have other evidence of wear and tear from installation and handling.Please note that all Lots are sold "AS IS AND WITH ALL FAULTS", including those that are a directresult of the installation of the works in the Exhibition.
4.
Minimums. Bidding for each Lot shall begin at a minimum price below which the Lot will not be sold.
5.
Purchase. At the close of bidding for each Lot, the highest bidder (the "Purchaser") will be notified byCharity Buzz, Inc. (“charitybuzz”) of their successful purchase of the Lot, subject to all of the conditions setforth herein.
6.
Pick-Up, Delivery and Taxes (a) It is the responsibility of the Purchaser to either (i) collect their Lot from the Guggenheim Museumbetween Friday, April 30 and Sunday, May 2, 2010, or (ii) consent to having the Lot shipped as set forthbelow. For Lots being picked up at the Guggenheim Museum, charitybuzz will contact Purchaser to arrangefor pick-up at the Guggenheim Museum.
(b) If any Lot has not been picked up after seven days, it will be shipped to the Purchaser at the shippingaddress provided to charitybuzz at Purchaser’s sole expense. Purchaser hereby authorizes the Guggenheimand charitybuzz to charge the additional amounts required to ship the works to Purchaser’s credit card andacknowledges that all terms in Section 6(c) below will apply.
(c) In the event a Purchaser prefers to have a Lot shipped to them, Purchaser acknowledges that the Lotswill be shipped via common carrier (e.g. Federal Express) and the Lots will not be shipped until after theclose of the Exhibition on April 28, 2010.In the event delivery is not possible for any reason, the transfer of the Lot shall be void and theGuggenheim shall retain all fees paid to it by Purchaser.
(d) In the unlikely event a Lot is destroyed during the course of the Exhibition, the Guggenheim willreimburse the purchase price to the Purchaser. Purchaser agrees that the limit of the Guggenheim’s liabilityshall not exceed the total purchase price plus any Packing and Handling Fee paid by the Purchaser.
7.
Right of Withdrawal. The Guggenheim may withdraw any Lot from the Auction without liability at anytime before the final sale.
8.
Fair Market Value. Purchaser acknowledges and agrees that Purchaser’s Auction payment qualifies as atax-deductible donation to the Guggenheim only to the extent that it exceeds the fair market value of theitem purchased. The estimates provided in the Lot Information are not warranted in any way by theGuggenheim for tax purposes, fair market value or otherwise. Purchasers are advised to consult with theiraccountants, legal or tax advisors regarding the deductibility of purchases and any other tax questions.
9.
Documentation and Disclosure; Additional Conditions of the Artist. Purchaser acknowledges and agreesthat the Guggenheim may provide documentation to the artist who created the Lot or such artist's heirs orrepresentatives, including Purchaser's name, contact information, and the purchase price. Purchaser furtheracknowledges that the purchase of the Lot may be subject to additional conditions placed on the Lot by theartist, which conditions will be disclosed in the “Terms” section of the Lot Information.
10.
Eligibility to Bid. The Auction will be open to anyone, including staff and trustees of the Guggenheimbidding for their own account.
11.
Choice of Law, Venue and Jurisdiction. These Conditions of Sale, as well as the Purchaser's and theGuggenheim 's respective rights and obligations hereunder, shall be governed by, and construed andenforced in accordance with, the laws of New York State without regard to principles of conflicts of laws.By bidding at the Auction, Purchaser shall be deemed to have consented to the exclusive jurisdiction of thecourts of New York, with respect to any case, controversy, suit, action or proceeding between Purchaserand the Guggenheim arising out of, or in connection with, or related to the Auction, a bid, or theseConditions of Sale; any such action shall be brought in any Federal or State Court located in New YorkCounty and the State of New York, and the Purchaser hereby waives any objection that he or she may haveto personal jurisdiction in these courts.
12.
Lots donated for Resale. Each Lot to be sold at the Auction has been donated to the Guggenheim forresale for fundraising purposes. Purchasers acknowledge and agree that they will not make anyrepresentation to any third party that the Lot was obtained from the collection of the Guggenheim.
13.
Guggenheim Terms Govern. Bidders acknowledge that they are also bound by all of the terms andconditions set forth by charitybuzz. To the extent any of the Guggenheim’s terms and conditions conflictwith any terms and conditions of charitybuzz, the Guggenheim’s terms and conditions shall govern.
14.
Transfer of Title. Transfer of title to the applicable Lots will not occur until payment has been received in full from the Purchaser.
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Pick-Up, Delivery and Taxes
(a) It is the responsibility of the Purchaser to either (i) collect their Lot from the Guggenheim Museumbetween Friday, April 30 and Sunday, May 2, 2010, or (ii) consent to having the Lot shipped as set forthbelow. For Lots being picked up at the Guggenheim Museum, charitybuzz will contact Purchaser to arrangefor pick-up at the Guggenheim Museum.
(b) If any Lot has not been picked up after seven days, it will be shipped to the Purchaser at the shippingaddress provided to charitybuzz at Purchaser’s sole expense. Purchaser hereby authorizes the Guggenheimand charitybuzz to charge the additional amounts required to ship the works to Purchaser’s credit card andacknowledges that all terms in Section 6(c) below will apply.
(c) In the event a Purchaser prefers to have a Lot shipped to them, Purchaser acknowledges that the Lotswill be shipped via common carrier (e.g. Federal Express) and the Lots will not be shipped until after theclose of the Exhibition on April 28, 2010.In the event delivery is not possible for any reason, the transfer of the Lot shall be void and theGuggenheim shall retain all fees paid to it by Purchaser.
(d) In the unlikely event a Lot is destroyed during the course of the Exhibition, the Guggenheim willreimburse the purchase price to the Purchaser. Purchaser agrees that the limit of the Guggenheim’s liabilityshall not exceed the total purchase price plus any Packing and Handling Fee paid by the Purchaser.
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