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Shenzhen movable property auction house commissioned auction contract


Contract number ____

place of signing____

Date of signing ____

Principal: __________________________

residence___________________________

Legal representative __________ phone _____ fax ________

Principal agent ________ electric hanging _____ postal code ______

Auctioneer: Shenzhen Movable Auction House

residence_______________________

Legal representative _________ phone _________ fax_______

Principal agent ______ electric hanging ______ postal code ____

According to the "Provisional Regulations for the Auction of Shenzhen Movable Property" and other relevant regulations, Party A and Party B have signed this contract by consensus.

Article 1 Party A is willing to entrust Party B to publicly auction the following auctions:

1. The name of the auction item ________________________________.

2. Variety specifications ______________________________.

3. Quantity ______________________________.

4. Quality ______________________________.

5. Packaging ______________________________.

6. Place of storage _____________________________.

Article 2 Delivery method of auction items: _______

Article 3 Valuation and reserve price of the auction item: _______________

Article 4 Auction Method _____________________

Article 5 Auction Period _____________________

Article 6 Rights and obligations of both parties

1. Party A shall guarantee that there is no disputed right to dispose of the auction items, and provide Party B with relevant documents and detailed information of the auction materials. 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. When Party A delivers the auction item, Party A shall indicate to Party B the auction items that it knows or should know. Otherwise, Party A shall be responsible for the consequences.

4. Party A shall prepay the acceptance fee of _____ yuan to Party B for the purpose of appraising the auction items, warehousing, transportation, maintenance and announcement, advertising, etc., and Party B shall pay more and less for the actual expenses. In the case of Articles 18, 19 and 20 of the Interim Provisions on the Auction of Chattels in Shenzhen, Party B shall advance the advance payment; the amount shall be deducted from the proceeds after the auction.

5. According to the "Shenzhen Municipal Activity Auction Fees Regulations", Party A shall pay Party B a commission of ___% of the total transaction amount; this amount may also be deducted from Party B's proceeds from the auction.

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 auction proceeds.

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 procedure shall be dealt with in accordance with the provisions of Articles 42 and 43 of the Interim Provisions on the Auction of Shenzhen Mobile Products.

Article 8 The contract shall become effective after being signed by both parties and shall not be breached. Otherwise, the breach of contract will be paid by the other party in accordance with the ___% of the auction price. When a dispute arises due to the performance of the contract, either party may apply to the Shenzhen Economic Contract Arbitration Commission for arbitration, or directly to the people's court.

Article 9 Other matters that need to be agreed upon _______________________________________________________________________________________________________

Article 10 The validity period of this contract begins on the day of the month and ends on the day of the year.

Subsidiary files: A total of ___ pieces of photocopying documents and information about the auction items

1____________________________

2____________________________

3____________________________

4____________________________

The principal represents ________ the auctioneer representative ____

Bank of deposit _____________ bank of deposit _________

Account _______________ account___________

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