Terms & Conditions
Welcome to leclos-auctions.net
By registering to participate in a Le Clos Auctions, you agree to be bound by the following terms and conditions. By entering into any financial transaction with Le Clos (MMI LLC) you are agreeing to our Terms and Conditions below, sets out the basis on which you may use the Le Clos Auctions services made available on Le Clos Auctions website (“the Website”).
References in these Terms and Conditions to ‘Le Clos Auction, ‘we’ or ‘us’ refer to Le Clos (MMI LLC), incorporated in UAE whose registered office is at: Level 5, Emirates Holidays Building, Sheikh Zayed Road, Dubai, U.A.E. References herein to ‘you’ and ‘your’ mean the person or entity registering to use the Website.
01 – Our Services
1.1 We provide auctioneering services on our Website whereby a purchaser may purchase Goods by auction. These will be sold and purchased in lots, with one lot meaning the goods made available to purchase by auction at any one time.
1.2 The auctions take place online on the Website and as a buyer, you will require to register with our Website.
02 – Registration with Le Clos Auctions
2.1 The registration on the Website (“Registration”) is free of charge.
2.3 Once you have registered you are expected to keep your information up to date in your account and are required to keep your account details and passwords strictly confidential and you must not permit any third party to use or access your account on your behalf. You will be liable for any and all bids made using your account.
03 – Age Restriction
3.1 Please note that you must be over the age of 18 years old (or the legal age within your own country of residence) to register and buy Goods via the Website.
3.2 We reserve the right to ask buyers for identification to prevent fraud, underage purchases and/or any other legal or legitimate purpose.
3.3 All collections of Goods must be signed for by a person of legal drinking age and we reserve the right to ask for ID from the person receiving the Goods.
04 – Terms Relevant to Buyers
4.1 Once you have successfully registered with the Website, you will be eligible to place a bid. More information on the process can be found at https://lcauctions.wpengine.com/how-it-works/
4.2 A full description of the Goods shall be given on the auction page. During an auction you can bid for a lot by clicking the ‘bid’ function. You acknowledge that you are bidding in a live auction and agree that, subject to section 6.4 and 6.5 of these terms, each bid submitted as provided in these terms and conditions are irrevocable and cannot be amended or corrected. Each bid shall be final and binding. You accept all liability for bids submitted via your account (including the liability to pay in full and on time in accordance with these terms and conditions).
4.3 The highest bid placed on any lot at the time the auction closes will be deemed as the winning bid. The buyer will receive a confirmatory email notification of any winning bid and will accept all responsibility of bids placed via your account in accordance with these terms. The contract between us shall be deemed to be concluded once we send you the confirmatory email.
4.4 Le Clos Auctions reserves the right to reject any Registration, reject any bid placed, alter reserves and to withdraw permissions for users on our Website, at its discretion (acting reasonably).
05 – Costs and Commission due when purchasing Goods via Auction
5.1 Le Clos Auctions doesn’t apply commission to the purchase price of the relevant Goods.
5.2. The successful bidder is obliged to pay to us the purchase price of the auctioned in full, within seven (7) days from the day following receipt of our confirmatory email. Once payment is received, title of the Goods will pass to the buyer. All payments made late i.e later than 7 days after the auction, will incur a late payment fee of 3% in addition to the order total. Removal of this fee is at the discretion of the Le Clos Auctions Management and this decision is final. If payment is not received in full within this time, we reserve the right to (i) cancel the sale and re-auction the relevant Goods or return the Goods to the seller; and/or (ii) ban the buyer from using our Website or services in the future.
5.3 Payment to us can be made online by Credit Card or by Bank Transfer.
5.4 VAT (5%) is applicable if Goods are collected upon arrival to Dubai. If transiting or collecting on departure, no VAT will be applied to the order total.
06 – Collection of Goods
6.1 Once payment for the Goods has been received in full, we will make the Goods available to you for collection. The buyer can collect their items from our stores at DXB. The storage is provided for free for a period of 180 days from the date of the end of the auction. Storage thereafter may be charged at a rate depending on the individual value of the Goods.
6.2 The buyer acknowledges that due to the nature of the Goods, which due to age are sometimes fragile, there may be leakages or deterioration of the Goods during. It is the buyer’s responsibility to have adequate insurance in place to cover the Goods during transit from our stores to your desired located..
07 – Our Rights to Cancel or Terminate the contract
7.2 Where we terminate a contract with a buyer, we reserve the right to ban such parties from using our services again.
08 – Safeguarding the Integrity of Our Auctions
Although an online auction is not treated in the same way as a public auction where all of the bidders and the goods being bid on are present, we aim to maintain the integrity of our auctions so that they are as close to a public auction experience as possible. We reserve the right to take the following actions in pursuit of that aim:
- We reserve the right to cancel the Registration of any person and prohibit such person from buying Goods through our Website for any reason, but some of the possible reasons are:
- if a person seeks to withdraw from the purchase of Goods where that person has been the highest bidder at the close of the auction;
- if we believe that person is acting as a proxy or nominee for an undisclosed third party
09 – No Warranty
Le Clos Auctions provides the Site and its services on an “as is” and “as available” basis without any representation or endorsement made and without any warranty or guarantee of any kind whether express or implied, including but not limited to warranties of title, merchantability, fitness for a particular purpose, compatibility, security, accuracy and non-infringement. Leclos.net makes no representations or warranties about the accuracy, reliability, or completeness of any content, information, software, text, graphics, links or communications provided on or through the use of the Site or that the operation of the Site will be error free and/or uninterrupted. leclos.net makes no warranty that defects will be corrected or that the Site or its servers are free of viruses or anything else which may be harmful or destructive. The nature of Internet communications means that this Site may be susceptible to data corruption, interception, non-availability and delays. The Site may also be unavailable from time to time due to repairs, maintenance or development work. You agree that leclos.net has no obligation to provide support for the Site. You expressly agree that you use the Site at your own risk. leclos.net provides the Site and its services on an “as is” and “as available” basis without any representation or endorsement made and without any warranty or guarantee of any kind whether express or implied, including but not limited to warranties of title, merchantability, fitness for a particular purpose, compatibility, security, accuracy and non-infringement. leclos.net makes no representations or warranties about the accuracy, reliability, or completeness of any content, information, software, text, graphics, links or communications provided on or through the use of the Site or that the operation of the Site will be error free and/or uninterrupted. leclos.net makes no warranty that defects will be corrected or that the Site or its servers are free of viruses or anything else which may be harmful or destructive. The nature of Internet communications means that this Site may be susceptible to data corruption, interception, non-availability and delays. The Site may also be unavailable from time to time due to repairs, maintenance or development work. You agree that Leclos.net has no obligation to provide support for the Site. You expressly agree that you use the Site at your own risk.
10 – Notification of Changes
10.1 Le Clos Auctions reserves the right to change these terms with immediate effect from time to time as it sees fit and your continued use of the Website will signify your acceptance of any adjustment to these terms. If there are any changes to our policies, we will announce that these changes have been made on our home page and on other key pages on our Website. If there are any changes in how we use our Website customers’ personally identifiable information, notification by email or postal mail will be made to those affected by this change.
10.2 Notwithstanding the above, your statutory Consumer Rights are unaffected by this section.
11 – Governing Law
This User Agreement is governed by, and construed in accordance with, UAE law. This clause will survive any expiry or cancellation of this User Agreement for any reason.