Lot 110: Lu Hong "Birth of Calm"

In order to participate in a Red Umbrella Fine Art auction, the bidder must accept the following terms:

1 All bidding is made in US$ and a Buyer's Premium of 20% (plus 3% for online bidders) will be added to the hammer price in order to determine the total amount to be paid for the auction item...CA sales tax is extra for all bidders in that state....to the total price includes the hammer price; the buyer's premium; any applicable taxes; and shipping IF done in house.

2 Online bidding is done only by registering in advance.
Red Umbrella Fine Art will not be held responsible for errors or failure to execute bid(s). Absentee bids may be made prior to the auction through Artfact.

3 Absentee and phone bidding may also be placed directly with Red Umbrella Fine Art. Those who wish to make a phone bid during the live auction must register for that in advance as we only have a limited number of phone bidders at one time.

4 Shipping and packing charges will vary with each lot and lots will be combined for the best shipping rate. Most shipping will be done by 3rd party shipper. We will forward this information as needed.

5 Payment of purchases shall be made upon notification of a successful bid and shall be do not later than 10 days after the auction date. No shipments will be made and title will not pass to the buyer until payment has been made in full. All packing/shipping/insurance charges are to be to the account of the purchaser. All bidders shall be responsible for an taxes that may be imposed upon importing.

6 Payment may be made in the form of credit card (up to $10,000), wire transfers or bank cashiers check. ALL bidders outside of North America must make payment by wire transfer only.

7 The highest bid recognized by the auctioneer shall be considered the winning bidder. If any dispute arises between two or more bidders, the auctioneer shall determine the winning bidder.

8 Questions regarding any lot in the auction may be made prior to the auction date by email or by calling the toll free number 1 800 805 9665

9 Red Umbrella Fine Art reserves the right to withdraw any lot before the sale and will assume no liability for such withdrawal

10 All items in the auction are sold as described and all sale are final. Prospective bidders may inspect the property prior to the sale at the designated times. No statement or condition, genuineness, attribution, provenance, authenticity, value or quality shall be construed to be an expressed or implied warranty, representation or assumption of liability by Red Umbrella Fine Art. If an item is materially different from the description of the lot, the buyer shall have 48 hours from the date of receipt of the property to notify the seller; after which the item(s) will be considered "as is" without recourse. Lots with a hammer price of $200 or less are not returnable for any reason.

11 If an item is returned for reason, the purchaser shall not be entitled to any remedy, relief or damages beyond the refund of the original purchase price and shall not be entitled to damages of any kind. If we are prevented for any reason in the delivering of property to the purchaser, our liability shall be limited only to the amount actually paid by the purchaser.

12 This is the entire terms and conditions relating to the auction by Red Umbrella Fine Art and may be amended from time to time as necessary and posted on the Artfact.com website. Any dispute of these terms and conditions shall be governed by the laws of the State of California.

Shipping is generally done through a 3rd party. Winning bidders may select their own shippers or we will recommend a local shipping partner in our area. Red Umbrella Fine Art will not be held responsible for any shipping done by 3rd party shippers.