Q-sale regulations
General conditions and regulations
Article 1. What is Q-sale:
Q-sale is a sales concept where a property is put up for sale through a voluntary bidding procedure. In this procedure, each prospective buyer or participant is free to make a bid under a closed envelope.Candidate buyers can visit the property at the Q-sale moment and hand over their bid to the file manager present at that time. This visit moment is recorded in consultation with the seller and is communicated via the various media as soon as the property is put up for sale.
Additional visits can only be organized before the Q-sale moment if the owner agrees with it. Half an hour after the closing of the Q-sale, the bids are opened in the property for sale or at another location if this is explicitly stated. After opening the envelopes, the owner-seller will decide whether or not to sell the property.
Article 2. What is a target price:
The stated and communicated sales price in advertisements, websites and other media is a target price. A bid can be made higher, lower or lower than this target price.Participants in the Q-sale have no obligation to make an offer if they do not want it and that to keep the voluntary nature of the bidding process and the Q-sale.
Article 3. Who can participate in the Q-sale:
Participating in the Q-sale can only be done by private individuals who are less than 18 years old and also legally competent and by legal entities that are legally represented.Article 4. How to make a bid:
A valid offer can only be made via the purchase promise that the file manager hands over to the prospective buyers during the Q-sale moment. A bid must always be in writing and unconditional, can not be issued with suspensive conditions and must always be a fixed and determined amount. The conventional terms and conditions stated in the private sales agreement apply to the bid made. The private sales agreement and accompanying documents, information and certificates regarding the property can be consulted on the pledge page on www.stijnvoet.beEvery visitor or participant in the Q-sale is not advised to offer rounded amounts. The latter mainly to avoid that two or more bids would be the same. If there are two equal and highest bids, the bidders concerned will be asked to make a new offer under closed envelope by the time agreed with the owner / seller. This procedure will be repeated until the moment that there is a unique highest bid.
All other forms and ways of bidding are void and are not considered by the seller. Bids that are issued during an extra visit moment will only be opened and evaluated half an hour after the Q-sale moment.
The sales agreement between the owner-seller and the bidder will be effected directly by issuing a bid and by the written acceptance of the bid by the owner-seller.
Article 5. Term of validity for bids:
Bids issued are irrevocable and binding for 7 days from the Q-sale moment. Each bidder remains bound to his bid during this period, even if a higher bid was made and regardless of the acceptance of a higher bid by the owner-seller.If the owner-seller accepts the offer within the 7-day period, the private agreement must be signed and the bidder will pay an advance of 10% on the offered price within 14 days after acceptance of the bid. If this advance payment is not paid within this period, the purchase agreement will be dissolved by operation of law and without prior notice of default at the expense of the defaulting bidder. This dissolution does not release the bidder from paying a 10% compensation on the offered price if the owner-seller requires it.
If the highest bidder does not fulfill his obligation to pay the advance upon signing the private contract, the owner-seller can allocate the good to the bidder with the second highest bid without renouncing the right to compensation (10% on the offered price) towards the highest bidder.
Article 6. Liabilities:
Stijn Voet Immobiliën can at simple request of the owner-seller, for any reason and without the obligation to make this reason known, suspend or stop the Q-sale and bidding procedure. Neither the owner-seller nor Stijn Voet Immobiliën can be held liable for this. No form of redress is possible against this decision, nor is there a claim for compensation.Stijn Voet Immobiliën can not be held responsible for the information and information that the owner-seller makes available about the property for sale.
Stijn Voet Immobiliën is not liable if the bidder (s) or potential buyer (s) do not fulfill their obligations.
Article 7. Respect for other participants:
Every participant in the Q-sale is obligated not to take any action that would jeopardize the proper conduct of the Q-sale and will always behave with due respect to the other participants, the owner and the real estate. If the actions of a participant disrupt the proper functioning of the visit and/or moment of bidding, Stijn Voet Immobiliën may deny the participant further access and forbid him to take further part.