Entrustment contract (for auction of commissioned movable property)
Contract number: ______
place of signing:______
Date of signing: ______
Client: ______
residence:____________
Legal representative _____ Phone: ______ Fax: ______
Auctioneer, XXXX Auction House
residence____________
Legal representative ______ phone ______ fax ______
Principal agent ______ electric hanging ______ postal code ___
According to the "Announcement Law of the People's Republic of China" and other relevant laws and regulations, both parties have signed this contract by consensus.
Article 1 Party A is willing to entrust Party B to publicly auction the following auctions:
1. Auction name __________________
2, variety specifications ___________________
3. Quantity _____________________
4. Quality _____________________
5, packaging _____________________
6, the place of storage ____________________
Article 2 Delivery method of the auction item:
Article 3 Delivery methods of auction items:
Article 4 Auction method:
Article 5 Auction Period:
Article 6 Rights and obligations of both parties
1. Party A shall guarantee the right to dispose of the auction without dispute, and provide Party B with relevant documents and detailed information of the auction. If necessary, Party B may request consultation from Party A at any time, and Party A shall not refuse.
2. Party A may determine the reserve price of the auction item if permitted by law; Party B shall not auction at a price lower than the reserve price, but if it fails to make a deal, Party A shall bear the responsibility.
3. Party A shall, when delivering the auction item, submit to Party B that it knows or should know the auction item. Otherwise, Party A shall be responsible for the consequences.
4. Party A shall pay the acceptance fee ___ yuan to Party B for the expenses of the auction for valuation, storage and storage, transportation, insurance and announcement, advertising, etc., and Party B shall pay more and less for the actual expenses. If it falls within the prescribed circumstances, Party B shall advance the advance payment; the amount shall be deducted from the proceeds after the auction is completed.
5. Party A shall pay Party B a commission according to the total amount of the transaction; Party B may also be liable for compensation.
6. Party B shall keep the reserve price of the auction item confidential and shall not entrust or represent others to participate in the auction; nor may it entrust others to conduct the auction.
7. Party B shall be responsible for the proper custody of the auctioned products, and Party A shall promptly notify Party A of the changes in the auction items; if Party B loses the auction items due to Party B’s fault, Party B shall be liable for compensation.
8. At the end of the auction process, Party B shall, after receiving the receivables from the complete department, pay the auction proceeds to Party A at one time through its bank account, without delay.
9. For the auction items that need to be taxed, Party A shall pay the tax; with the consent of the tax authorities, the tax may be obtained from the proceeds from the auction.
10. After the auction is concluded, Party B shall open the invoice to the bidder or the receipt in accordance with the tax authorities according to the transaction price.
Article 7 The suspension and termination of the auction program shall be dealt with according to the provisions.
Article 8 The contract shall become effective after being signed by both parties and shall not be breached. Otherwise, the liquidated damages are paid by the default to the % of the reserve price of the other auction. When a dispute arises due to the performance of the contract, either party may apply to the Arbitration Commission for arbitration or file a suit in a people's court.
Article 9 Other matters that need to be agreed upon ____________
Article 10 This contract is valid from the date of the year.
Principal ______ Auctioneer ______
Legal representative ______ legal representative ______
Attorney ______ Attorney ______
Bank of deposit ______ bank of deposit ______
Account ______ account ______
Subsidiary files: Proof of the certificate and the photocopy of the auction
1___________________________________
2____________________________________
3____________________________________
4____________________________________
place of signing:______
Date of signing: ______
Client: ______
residence:____________
Legal representative _____ Phone: ______ Fax: ______
Auctioneer, XXXX Auction House
residence____________
Legal representative ______ phone ______ fax ______
Principal agent ______ electric hanging ______ postal code ___
According to the "Announcement Law of the People's Republic of China" and other relevant laws and regulations, both parties have signed this contract by consensus.
Article 1 Party A is willing to entrust Party B to publicly auction the following auctions:
1. Auction name __________________
2, variety specifications ___________________
3. Quantity _____________________
4. Quality _____________________
5, packaging _____________________
6, the place of storage ____________________
Article 2 Delivery method of the auction item:
Article 3 Delivery methods of auction items:
Article 4 Auction method:
Article 5 Auction Period:
Article 6 Rights and obligations of both parties
1. Party A shall guarantee the right to dispose of the auction without dispute, and provide Party B with relevant documents and detailed information of the auction. If necessary, Party B may request consultation from Party A at any time, and Party A shall not refuse.
2. Party A may determine the reserve price of the auction item if permitted by law; Party B shall not auction at a price lower than the reserve price, but if it fails to make a deal, Party A shall bear the responsibility.
3. Party A shall, when delivering the auction item, submit to Party B that it knows or should know the auction item. Otherwise, Party A shall be responsible for the consequences.
4. Party A shall pay the acceptance fee ___ yuan to Party B for the expenses of the auction for valuation, storage and storage, transportation, insurance and announcement, advertising, etc., and Party B shall pay more and less for the actual expenses. If it falls within the prescribed circumstances, Party B shall advance the advance payment; the amount shall be deducted from the proceeds after the auction is completed.
5. Party A shall pay Party B a commission according to the total amount of the transaction; Party B may also be liable for compensation.
6. Party B shall keep the reserve price of the auction item confidential and shall not entrust or represent others to participate in the auction; nor may it entrust others to conduct the auction.
7. Party B shall be responsible for the proper custody of the auctioned products, and Party A shall promptly notify Party A of the changes in the auction items; if Party B loses the auction items due to Party B’s fault, Party B shall be liable for compensation.
8. At the end of the auction process, Party B shall, after receiving the receivables from the complete department, pay the auction proceeds to Party A at one time through its bank account, without delay.
9. For the auction items that need to be taxed, Party A shall pay the tax; with the consent of the tax authorities, the tax may be obtained from the proceeds from the auction.
10. After the auction is concluded, Party B shall open the invoice to the bidder or the receipt in accordance with the tax authorities according to the transaction price.
Article 7 The suspension and termination of the auction program shall be dealt with according to the provisions.
Article 8 The contract shall become effective after being signed by both parties and shall not be breached. Otherwise, the liquidated damages are paid by the default to the % of the reserve price of the other auction. When a dispute arises due to the performance of the contract, either party may apply to the Arbitration Commission for arbitration or file a suit in a people's court.
Article 9 Other matters that need to be agreed upon ____________
Article 10 This contract is valid from the date of the year.
Principal ______ Auctioneer ______
Legal representative ______ legal representative ______
Attorney ______ Attorney ______
Bank of deposit ______ bank of deposit ______
Account ______ account ______
Subsidiary files: Proof of the certificate and the photocopy of the auction
1___________________________________
2____________________________________
3____________________________________
4____________________________________
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