Seller Managed Auctions

1. Scope and Applicability

These Seller Managed Auction Terms & Conditions apply to auctions and lots that are expressly labelled on the Haubot platform as "Seller Managed Auction", "Seller Managed", or otherwise clearly identified as being created, published and managed by a third-party business seller using Haubot's platform tools.

A Seller Managed Auction is an auction in which the seller, and not Haubot, is the seller of record, listing creator, commercial counterparty, invoice issuer, payment recipient, release party and primary party responsible for completing the transaction with the winning bidder.

In Seller Managed Auctions, Haubot provides the online platform, auction tools, bidding infrastructure, account access controls, deposit reservation system, platform status records, fee calculation tools, moderation tools and platform enforcement mechanisms.

Unless expressly agreed otherwise in a separate written service agreement, Haubot does not act as seller, owner, broker, commercial agent, payment processor, escrow agent, collection agent, logistics provider, inspection provider, storage provider, release party, guarantor or insurer in Seller Managed Auctions.

These Terms do not apply to Haubot Managed Auctions, except where expressly incorporated by reference. Haubot Managed Auctions are governed by separate Haubot Managed Auction Terms.

By creating, publishing, bidding in, winning or participating in a Seller Managed Auction, each seller and buyer confirms that it has read, understood and accepted these Terms.

2. B2B Nature of Seller Managed Auctions

Seller Managed Auctions are strictly business-to-business transactions.

Participation is limited to professional sellers and professional buyers acting in the course of business, trade or professional activity.

Private individuals acting as consumers are not permitted to create, publish, bid, purchase or participate in Seller Managed Auctions.

By using Seller Managed Auctions, each user confirms that it is acting as a business user and not as a consumer.

3. Role of Haubot

Haubot operates the platform and provides technical auction services.

In Seller Managed Auctions, Haubot's role is limited to platform operation and platform enforcement.

Haubot may, among other things:

provide auction listing tools;
publish or reject auction listings;
operate the bidding system;
record bids and auction results;
reserve and release platform deposits;
calculate platform fees;
operate platform dispute review tools;
restrict, suspend or terminate platform access;
remove listings;
cancel or suspend auctions;
enforce anti-circumvention, anti-manipulation and account rules.

Haubot does not verify, guarantee or assume responsibility for:

the seller's ownership of the lot;
the seller's authority to sell the lot;
the condition, quality, completeness, safety or legality of the lot;
the accuracy of the seller's description;
the seller's invoice;
the buyer's payment to the seller;
VAT, tax, customs, import or export treatment;
release, loading, storage, delivery or transport;
the seller's or buyer's performance of the sale contract;
any commercial dispute between seller and buyer.

4. Registered Business Sellers

Only registered business users may create Seller Managed Auctions.

A seller may be required to complete Haubot's platform registration requirements before publishing Seller Managed Auctions.

Such requirements may include:

email verification;
phone number verification;
legal company name;
company address;
VAT number, tax number or company registration number;
business profile information;
platform wallet setup;
seller deposit availability;
acceptance of these Terms and related platform rules.

Haubot may reject, restrict, suspend or terminate a seller's access to Seller Managed Auctions if Haubot reasonably determines that the seller has not completed the required platform registration steps, has provided false or incomplete information, has breached platform rules, or creates risk for the platform or other users.

A seller's platform registration does not mean that Haubot has verified the seller's ownership of any lot, financial standing, tax position, legal authority, inventory, documents, export eligibility, sanctions status, or the condition of any equipment.

5. Seller Responsibility for Listings

The seller is solely responsible for creating the auction listing and for all information provided in relation to the lot.

This includes, without limitation:

title;
description;
category;
brand;
model;
year;
technical specifications;
serial numbers;
operating hours;
mileage;
condition;
known defects;
ownership information;
location;
photos and videos;
documents;
availability;
release conditions;
payment instructions;
VAT or tax treatment;
export or import restrictions;
any return, warranty or guarantee offered by the seller.

Haubot may moderate, approve, reject, remove or suspend auction listings for platform safety, legal, compliance, technical, quality or trust reasons.

Haubot does not edit seller listings on behalf of the seller and does not assume responsibility for the content of seller-provided information.

Approval, publication or non-removal of a listing by Haubot does not constitute a warranty, guarantee, inspection, certification or endorsement of the lot or the seller.

6. Seller Representations

By publishing a Seller Managed Auction, the seller represents and warrants to Haubot and to bidders that:

the seller is a business user acting in a professional capacity;
the seller has the right to publish the lot for sale;
the seller has the right to complete the sale if the auction results in a winning bid;
the listing is not intentionally false, misleading or deceptive;
the seller will not manipulate the auction process;
the seller will not bid on its own lot or cause related persons to bid for manipulation purposes;
the seller will cooperate in completing the transaction with the winning bidder;
the seller will not attempt to avoid Haubot fees;
the seller will not use the platform for unlawful, fraudulent, sanctioned, restricted or prohibited transactions.

The seller remains solely responsible for the commercial, legal, tax, customs, export, import, safety and regulatory aspects of the sale.

7. Buyer Responsibility

By placing a bid or maximum bid in a Seller Managed Auction, the buyer confirms that:

the buyer is a business user acting in a professional capacity;
the buyer has authority to bid on behalf of the registered business;
the buyer has reviewed the listing information before bidding;
the buyer understands that the seller, not Haubot, is the seller of record;
the buyer understands that payment is made directly to the seller;
the buyer is responsible for assessing the lot, seller, location, documentation, tax treatment, importability, exportability, condition and suitability before bidding;
the buyer will complete the purchase if it wins the auction, unless the transaction is cancelled or resolved otherwise under these Terms.

8. Auction Listing Approval and Moderation

A seller may submit an auction listing for publication.

Haubot may approve, reject, suspend or remove an auction listing at its discretion, including where Haubot reasonably suspects:

false or misleading information;
prohibited goods;
sanctions or export control risk;
fraud risk;
auction manipulation;
duplicate or abusive listings;
incorrect category or pricing information;
legal or reputational risk;
breach of platform rules;
technical or operational issues.

Haubot is not required to provide detailed reasons for rejection, suspension or removal where doing so may compromise platform safety, fraud prevention, compliance checks, internal risk controls or other users.

9. Bidding Rules

All bids and maximum bids placed in Seller Managed Auctions are binding.

A bidder may not withdraw, cancel or reduce a bid after it has been placed, except where the platform expressly allows changes before the relevant auction stage or where Haubot determines that a material platform error occurred.

The highest valid bid at auction closing may create a binding obligation for the buyer and seller to complete the transaction, subject to reserve price, platform rules, dispute review, compliance restrictions and any specific conditions displayed on the lot page.

Bid increments, minimum bid rules, maximum bid rules, auction timing, anti-sniping extensions and other bidding mechanics are determined by Haubot's platform settings and may vary by auction, category, currency, country or lot value.

Haubot's server-side records are the authoritative record of bids, maximum bids, bid timestamps, auction closing time, reserve status, bid increments, auction extensions, deposit reservations and auction result.

10. Reserve Price, Starting Price and Buy Now Price

The seller may set a starting price, reserve price or buy now price where the platform provides such options.

The starting price is the minimum opening price for bidding.

The reserve price is the minimum price at which the seller is willing to sell, unless the seller later accepts a lower result where the platform allows this.

The buy now price is the price at which the seller may allow immediate purchase, where available.

The seller is responsible for setting these prices correctly.

Haubot may reject or suspend listings with pricing that appears erroneous, abusive, misleading, manipulative or incompatible with platform rules.

After an auction has received bids, the seller may not freely withdraw the lot, reduce obligations, change reserve logic, manipulate price conditions or otherwise interfere with the auction process.

11. Auction Closing and Sale Status

If the auction ends with no valid bids, the auction may be closed without a sale.

If the reserve price is not met, the lot may be marked as reserve not met, unsold or subject to seller confirmation, depending on the platform configuration.

If the auction ends with a winning bid that satisfies the applicable auction rules, the lot may enter a pending transaction status.

For platform purposes, the listing may be marked as sale pending after a winning bidder is determined. Sale pending does not mean that payment has been received or that the transaction has been completed.

The listing may be marked as sold only after the applicable post-auction completion process has been satisfied according to the platform records.

12. No Haubot Money Back Guarantee

No Haubot Money Back Guarantee applies to Seller Managed Auctions unless expressly stated in writing by Haubot for the specific lot.

Any return right, cancellation right, warranty, guarantee, refund promise or after-sale commitment offered by the seller is solely the seller's responsibility and does not bind Haubot.

Haubot does not guarantee the condition, availability, conformity, legality, documentation, release, delivery or performance of any Seller Managed Auction lot.

13. Direct Payment Between Buyer and Seller

In Seller Managed Auctions, the buyer pays the seller directly.

Haubot does not process the purchase price, does not receive the purchase price, does not hold the purchase price, does not release the purchase price, does not act as escrow agent, and does not verify the seller's receipt of funds, unless a separate written service agreement expressly states otherwise.

The seller is responsible for providing payment instructions to the winning bidder.

The buyer is responsible for making payment to the seller according to the seller's instructions and the applicable auction rules.

Haubot is not responsible for incorrect bank details, delayed bank transfers, currency conversion issues, bank fees, payment fraud, chargebacks, blocked transfers, tax withholding, sanctions screening by banks, or any other payment issue between buyer and seller.

14. Post-Auction Payment Declaration Flow

After a Seller Managed Auction closes with a winning bidder, the winning bidder must arrange payment directly to the seller within seven calendar days after auction closing, unless a different period is expressly stated on the lot page or agreed through a separate written arrangement.

During this period, the buyer may declare through the platform that payment has been made by selecting "I have paid" or an equivalent platform action.

The seller may declare through the platform that payment has been received by selecting "Payment received" or an equivalent platform action.

If the winning bidder does not declare payment within the required period, Haubot may record a buyer default for platform purposes.

If the winning bidder declares that payment has been made, the seller must confirm whether payment has been received.

If the seller does not confirm receipt or non-receipt within seven calendar days after the buyer's payment declaration, Haubot may issue or trigger a final response period.

If the seller still does not respond within an additional three calendar days, Haubot may record a seller default for platform purposes.

If the seller confirms receipt of payment, the transaction may be marked as completed for platform purposes, and the Seller success fee becomes payable.

If the seller states that payment has not been received after the buyer has declared payment, Haubot may open a Platform Dispute Review.

15. Platform Dispute Review

A Platform Dispute Review may be opened where the buyer declares that payment has been made and the seller states that payment has not been received, or where Haubot otherwise determines that platform enforcement review is required.

A Platform Dispute Review is limited to platform enforcement matters.

Haubot may review information submitted by the buyer, seller or available in platform records. Haubot may request additional information but is not required to conduct a full legal, financial, banking, tax, customs or factual investigation.

Haubot may decide, for platform purposes only:

whether the buyer defaulted;
whether the seller defaulted;
whether no platform action is required;
whether a deposit should be released;
whether a deposit should be retained or forfeited to Haubot;
whether a Seller success fee is due, waived or remains pending;
whether a user's access should be restricted, suspended or terminated;
whether the transaction should be marked as completed, defaulted, cancelled, disputed or closed by platform decision.

Haubot does not act as a court, legal arbitrator, escrow agent, payment processor, collection agent, insurer or compensation body.

Haubot does not award damages, compensation, refunds, penalties or other amounts to buyers or sellers.

Any deposit forfeited as a result of a Platform Dispute Review or other platform enforcement decision is forfeited to Haubot and is not paid to the other transaction party.

Any commercial, contractual, tax, payment, ownership, delivery, condition, refund or damages claim between buyer and seller remains a matter between buyer and seller.

16. Buyer Default

A buyer may be considered in default if the buyer:

wins an auction and fails to complete the purchase;
fails to pay the seller within the required period;
fails to declare payment within the required period;
refuses to proceed with the transaction;
provides false or misleading information;
manipulates the auction process;
attempts to bypass Haubot;
fails to cooperate with platform review;
breaches these Terms or other platform rules.

In case of buyer default, Haubot may:

forfeit all or part of the Buyer deposit to Haubot;
release the Seller deposit where appropriate;
cancel or close the platform transaction status;
restrict, suspend or terminate the buyer's account;
block the buyer from future auctions;
record the default in platform records;
take other platform enforcement action.

No part of the Buyer deposit is automatically paid to the seller as compensation.

The seller may pursue any commercial or legal claim against the buyer directly and independently from Haubot.

17. Seller Default

A seller may be considered in default if the seller:

refuses to complete the transaction after a valid winning bid;
fails to cooperate with the winning bidder;
fails to make the lot available where required;
falsely denies receiving payment;
fails to respond to a buyer payment declaration within the required period;
withdraws the lot without permitted reason;
manipulates or attempts to manipulate the auction;
attempts to avoid the Seller success fee;
provides materially false or misleading listing information;
breaches these Terms or other platform rules.

In case of seller default, Haubot may:

forfeit all or part of the Seller deposit to Haubot;
release the Buyer deposit where appropriate;
mark the transaction as seller defaulted, cancelled or closed by platform decision;
charge, waive or keep pending the Seller success fee depending on the platform decision;
restrict, suspend or terminate the seller's account;
remove listings;
block the seller from creating future auctions;
record the default in platform records;
take other platform enforcement action.

No part of the Seller deposit is automatically paid to the buyer as compensation.

The buyer may pursue any commercial or legal claim against the seller directly and independently from Haubot.

18. Seller and Buyer Deposits

The platform may require deposits from both sellers and buyers in connection with auction listings and bidding activity.

Seller deposits and Buyer deposits serve different purposes and are treated separately.

A Seller deposit is required to publish and maintain an auction listing and to secure the seller's obligations towards the platform, including the Seller success fee and compliance with platform rules.

A Buyer deposit is required to place bids or maximum bids and to secure the buyer's obligations in relation to the auction, including the obligation to complete the purchase if the buyer wins the auction.

Buyer deposits are not used to secure or pay the Seller success fee.

Deposits are platform security deposits. They are not payment of the purchase price, not escrow funds, not insurance, not damages, and not compensation for the other transaction party.

19. Seller Deposit

Before an auction listing is published, the seller may be required to lock a Seller deposit in the platform wallet.

The amount of the Seller deposit is determined by the highest of the following values specified for the auction listing:

starting price;
reserve price;
buy now price.

If the reserve price or buy now price is not set, that value is ignored for the purpose of calculating the Seller deposit.

The highest applicable value is referred to as the Seller Deposit Basis.

20. Seller Deposit Tiers

The Seller deposit is calculated according to the following tiers:

Seller Deposit Basis: less than USD 10,000 — Required Seller Deposit: USD 100
Seller Deposit Basis: USD 10,000 or more, but less than USD 100,000 — Required Seller Deposit: USD 1,000
Seller Deposit Basis: USD 100,000 or more, but less than USD 500,000 — Required Seller Deposit: USD 5,000
Seller Deposit Basis: USD 500,000 or more — Required Seller Deposit: USD 10,000

For the avoidance of doubt:

A value of USD 10,000 falls into the USD 1,000 deposit tier.
A value of USD 100,000 falls into the USD 5,000 deposit tier.
A value of USD 500,000 falls into the USD 10,000 deposit tier.

21. Seller Success Fee

If a Seller Managed Auction results in a successful sale, the seller shall pay a success fee to Haubot.

The Seller success fee is calculated as follows:

2.5% of the final sale price;
subject to a minimum fee of USD 100;
capped by the Seller deposit locked for that auction listing.

The Seller success fee shall never exceed the amount of the Seller deposit locked for the relevant auction listing.

For example, if the seller locked a Seller deposit of USD 1,000, the maximum Seller success fee for that auction shall be USD 1,000, even if 2.5% of the final sale price would otherwise be higher.

Where 2.5% of the final sale price is less than USD 100, the Seller success fee shall be USD 100, provided that the Seller deposit locked for the listing is at least USD 100.

22. When the Seller Success Fee Becomes Payable

The Seller success fee becomes payable when the transaction is marked as successfully completed for platform purposes.

This may occur where:

the seller confirms receipt of payment;
the seller otherwise confirms completion of the transaction;
the buyer and seller complete the transaction;
the seller releases the lot after the auction;
Haubot reasonably determines through platform records, user conduct or Platform Dispute Review that the sale was completed;
Haubot reasonably determines that the buyer and seller completed, continued, restructured or attempted to complete the transaction outside the platform in order to avoid Haubot fees.

The Seller success fee may remain due even if the seller and buyer later change payment method, payment timing, invoice structure, release arrangement or other transaction details.

23. Seller Deposit as Fee Cap

The Seller deposit defines the seller's maximum Seller success fee exposure for the relevant auction listing.

Haubot may offset the Seller success fee against the Seller deposit after the auction has ended successfully or after the platform determines that the Seller success fee is due.

If the Seller success fee is lower than the Seller deposit, the remaining balance of the Seller deposit may be released to the seller after all applicable platform fees, penalties, disputes, claims and other obligations relating to the auction have been settled.

If the Seller success fee equals the full amount of the Seller deposit, no remaining Seller deposit balance shall be released in respect of that fee.

24. No Successful Sale

If the auction does not result in a successful sale, no Seller success fee shall be charged.

In such case, the Seller deposit may be released to the seller, unless the seller has incurred other fees, penalties, liabilities, disputes, holds or obligations under these Terms or other platform rules.

25. No-Reserve and Low-Starting-Price Auctions

A seller may choose to publish an auction with a low starting price and without a reserve price or buy now price.

In such cases, the Seller deposit and the maximum Seller success fee shall be calculated based on the starting price only.

If the final sale price is significantly higher than the starting price, the Seller success fee shall still remain capped by the Seller deposit locked for that auction listing.

By publishing such an auction, the seller acknowledges that the applicable Seller deposit and maximum Seller success fee are determined according to the pricing information provided at the time of listing publication.

26. Buyer Deposit

A buyer may be required to lock a Buyer deposit before placing a bid or maximum bid.

The Buyer deposit is calculated based on the buyer's intended bid amount or maximum bid amount.

The Buyer deposit is separate from the Seller deposit and does not reduce, secure or replace any Seller fee payable to Haubot.

27. Buyer Deposit Tiers

The Buyer deposit is calculated according to the following tiers:

Bid or maximum bid: less than USD 10,000 — Required Buyer Deposit: USD 100
Bid or maximum bid: USD 10,000 or more, but less than USD 100,000 — Required Buyer Deposit: USD 1,000
Bid or maximum bid: USD 100,000 or more, but less than USD 500,000 — Required Buyer Deposit: USD 5,000
Bid or maximum bid: USD 500,000 or more — Required Buyer Deposit: USD 10,000

For the avoidance of doubt:

A bid or maximum bid of USD 10,000 requires a Buyer deposit of USD 1,000.
A bid or maximum bid of USD 100,000 requires a Buyer deposit of USD 5,000.
A bid or maximum bid of USD 500,000 requires a Buyer deposit of USD 10,000.

28. Increase of Buyer Bid or Maximum Bid

If a buyer increases a bid or maximum bid and the new amount falls into a higher deposit tier, the buyer may be required to lock an additional amount.

The additional amount shall equal the difference between the deposit already locked and the deposit required for the new bid or maximum bid.

For example:

Existing maximum bid: USD 50,000 — existing Buyer deposit: USD 1,000.
New maximum bid: USD 120,000 — required Buyer deposit: USD 5,000.
Additional deposit required: USD 4,000.

Haubot may reject, block or suspend the increased bid until the required additional deposit has been successfully locked.

29. Release of Deposits

Deposits are released only after Haubot determines, according to platform records, that the relevant obligations have been completed or no longer apply.

A Seller deposit may be released after the auction ends without a successful sale, or after a successful sale once the Seller success fee and all other seller obligations have been settled.

A Buyer deposit may be released if the buyer does not win the auction, or after the buyer has completed all required obligations in connection with the auction, unless the buyer has breached platform rules.

Deposits may remain locked while an auction, sale pending status, payment declaration period, seller response period, dispute, fee obligation, default review, account restriction or platform enforcement review remains open.

30. Withdrawal Restrictions and Offset Rights

A seller may not withdraw funds from the platform wallet while any platform fee, Seller success fee, penalty, charge, invoice, dispute-related hold, deposit reservation or other payment obligation remains outstanding.

Haubot may block withdrawals until all outstanding obligations have been fully settled.

Haubot may offset unpaid platform fees, Seller success fees, penalties or other platform amounts against any available seller wallet balance, including locked Seller deposits, where permitted under these Terms.

A buyer may not withdraw funds from the platform wallet while a Buyer deposit is locked for active bidding, a winning bid, payment declaration, dispute, default review or other platform obligation.

31. Deposit Forfeiture

Haubot may forfeit all or part of a Seller deposit or Buyer deposit where Haubot reasonably determines that the user has breached these Terms, failed to complete a binding auction transaction, manipulated the auction process, attempted to bypass Haubot, provided false information, failed to cooperate with platform review, or caused loss, risk, administrative burden or enforcement cost to Haubot or other users.

Forfeited deposits are retained by Haubot.

Forfeited deposits are not paid to the other transaction party as compensation.

Deposit forfeiture does not limit Haubot's right to charge fees, restrict accounts, remove listings, suspend access or pursue other remedies available under these Terms or applicable law.

32. Platform Records and Fee Calculations

Haubot's internal records regarding bid amounts, maximum bids, listing prices, reserve prices, buy now prices, final sale price, locked deposits, fee calculations, wallet holds, platform status, user declarations, dispute status and payment confirmation status shall be used to determine applicable deposits, fees and obligations.

In case of discrepancy between user interface display and Haubot's server-side records, Haubot's server-side records shall prevail unless Haubot determines that a material platform error occurred.

For clarity, the Seller success fee is calculated as follows:

Theoretical fee = final sale price × 2.5%
Fee before cap = the greater of: the theoretical fee, and USD 100
Actual Seller success fee = the lower of: the fee before cap, and the Seller deposit locked for the relevant auction listing.

The Buyer deposit is calculated separately and is not included in the Seller success fee calculation.

33. Anti-Circumvention

Buyers and sellers may not use Haubot to identify a transaction opportunity and then complete, continue, restructure or disguise the transaction outside the platform in order to avoid Haubot fees, deposit rules, auction rules or platform enforcement.

The following conduct is prohibited:

exchanging direct contact details before auction closing for the purpose of bypassing the platform;
cancelling an auction and completing the same or substantially similar transaction outside the platform;
claiming that payment was not made while completing the transaction outside the platform;
using related companies, representatives or third parties to avoid fees;
misreporting transaction status;
using private arrangements to avoid Seller success fees;
directing users away from Haubot after bids have been placed.

If Haubot reasonably determines that circumvention occurred or was attempted, Haubot may charge the Seller success fee, retain or forfeit deposits, restrict accounts, remove listings, suspend users and take other platform enforcement action.

34. Communication Between Buyer and Seller

Before auction closing, buyers and sellers may communicate only through Haubot's platform messaging tools where such tools are provided.

Buyers and sellers may not exchange direct contact details before auction closing for the purpose of bypassing the platform or manipulating the auction.

After auction closing, limited direct communication may be necessary for invoice, payment, release, loading or collection. Such communication does not release either party from its obligations under these Terms or from Haubot's fee and deposit rules.

Haubot may monitor, restrict or review platform communications for fraud prevention, safety, compliance, enforcement and platform integrity purposes, subject to applicable law and privacy rules.

35. Prohibited Auction Conduct

The following conduct is strictly prohibited:

shill bidding;
seller bidding on its own lot;
bidding by seller-related persons for manipulation purposes;
bid shielding;
collusive bidding;
fake accounts;
false company information;
fake or misleading listings;
artificial price manipulation;
auction cancellation to avoid fees;
refusal to complete after a valid auction result;
threats, abuse or coercion of other users;
fraudulent payment declarations;
fraudulent non-receipt declarations;
attempted circumvention of Haubot;
use of the platform for unlawful or restricted transactions.

Haubot may investigate and take platform enforcement action where prohibited conduct is suspected.

36. Taxes, VAT, Customs and Invoices

In Seller Managed Auctions, the seller is responsible for issuing any invoice required for the transaction.

The seller and buyer are solely responsible for determining and complying with all applicable VAT, sales tax, customs, import, export, withholding, accounting, invoicing and reporting obligations.

Haubot does not calculate, collect, remit, verify or guarantee VAT, taxes, customs duties, import charges, export charges or other public charges in relation to the sale price of Seller Managed Auction transactions, unless expressly agreed otherwise in writing.

Any Haubot platform fees may be invoiced separately by Haubot and may be subject to applicable taxes.

37. Release, Collection, Loading and Transport

In Seller Managed Auctions, the seller and buyer are solely responsible for arranging release, collection, loading, transport, insurance, export, import and delivery of the lot.

Haubot does not possess, store, load, release, transport, insure or control the lot unless expressly agreed otherwise in a separate written service agreement.

The seller is responsible for making the lot available according to the seller's listing terms and any agreement with the buyer.

The buyer is responsible for arranging collection, transport, insurance, import and use of the lot.

Haubot is not responsible for site access, loading equipment, transport suitability, driver authorization, damage during loading or transport, export documents, import documents, customs clearance or delivery delays.

38. Condition and "As Is" Sale

Unless the seller expressly states otherwise, all lots in Seller Managed Auctions are offered by the seller on an "as is", "where is" basis.

Haubot does not provide any warranty regarding condition, quality, completeness, authenticity, merchantability, fitness for purpose, operational status, safety status, regulatory compliance, exportability, importability or documentation.

The buyer is responsible for inspecting or otherwise assessing the lot before bidding.

Failure to inspect a lot does not release the buyer from a winning bid or from the buyer's obligations under these Terms.

39. Optional Haubot Services

Haubot may offer optional services, including inspection services, SecureTrade, logistics support, document support, payment-related services or other commercial services.

Such services are separate from the standard Seller Managed Auction model and apply only where expressly ordered, accepted or agreed separately.

Using an optional Haubot service does not automatically convert a Seller Managed Auction into a Haubot Managed Auction unless Haubot expressly states so in writing.

Separate terms, fees and conditions may apply to optional Haubot services.

40. Restricted and Prohibited Goods

Sellers may not list, and buyers may not purchase, lots that are unlawful, stolen, counterfeit, subject to undisclosed liens, subject to seizure, subject to unresolved ownership disputes, subject to prohibited sanctions restrictions, or otherwise prohibited by Haubot's platform rules.

Haubot may remove any listing, suspend any auction, restrict any account or cancel any platform status where Haubot reasonably suspects that a lot or transaction may be unlawful, restricted, sanctioned, unsafe, fraudulent, misleading or incompatible with platform rules.

The seller and buyer remain solely responsible for determining whether the lot can lawfully be sold, purchased, exported, imported, transported, registered, operated or resold.

41. Sanctions, Export Control and Compliance

The seller and buyer are solely responsible for compliance with all applicable sanctions, export control, import control, customs, anti-money laundering, anti-bribery, anti-corruption, tax and trade compliance laws.

Haubot does not verify exportability, importability, licensing requirements, end-use restrictions, sanctions status, customs classification or regulatory approvals for Seller Managed Auction lots.

Haubot may refuse registration, reject listings, cancel auctions, block bids, retain deposits, suspend accounts or close platform transactions where Haubot reasonably determines that legal, sanctions, export control, compliance, fraud or reputational risk exists.

42. Technical Failures and Platform Errors

Haubot may suspend, extend, cancel, reopen, postpone or modify an auction or platform process if Haubot determines that such action is reasonably necessary due to:

technical malfunction;
system outage;
incorrect listing data;
incorrect auction settings;
incorrect deposit calculation;
incorrect fee calculation;
bidding irregularity;
suspected manipulation;
cyberattack;
fraud risk;
compliance concern;
material platform error;
force majeure;
any circumstance affecting the fairness, legality, integrity or operation of the auction.

Haubot is not liable for missed bids, failed bids, delays, connectivity issues, browser issues, device issues, email delivery failures, notification failures or user-side technical problems outside Haubot's reasonable control.

43. Account Restrictions and Platform Enforcement

Haubot may restrict, suspend or terminate a user's access to Seller Managed Auctions where Haubot reasonably determines that the user:

breached these Terms;
breached other platform rules;
provided false or misleading information;
failed to complete a transaction;
attempted to bypass Haubot;
manipulated auctions;
created legal, compliance, fraud or reputational risk;
failed to pay fees;
failed to maintain required deposits;
failed to cooperate with platform review;
abused the platform or other users.

Haubot may also remove listings, cancel auctions, block bids, hold deposits, forfeit deposits, waive fees, charge fees, close disputes, mark transaction statuses and take other platform enforcement action according to these Terms.

44. Reviews and Ratings

Haubot may allow buyers and sellers to leave reviews, ratings or feedback in connection with Seller Managed Auctions.

Haubot may moderate, remove, hide or restrict reviews that are abusive, false, misleading, irrelevant, unlawful, retaliatory, manipulative or contrary to platform rules.

Haubot does not guarantee the accuracy, completeness or fairness of user reviews.

Haubot may use transaction status, defaults, cancellations, disputes and platform conduct in displaying seller or buyer trust signals, where such features are available.

45. Limitation of Haubot Liability

To the maximum extent permitted by law, Haubot is not liable for:

seller non-performance;
buyer non-payment;
incorrect listing information;
hidden defects;
condition of the lot;
ownership disputes;
tax or VAT treatment;
customs issues;
export or import restrictions;
payment failures;
bank delays;
fraud by users;
release, loading, transport or delivery issues;
commercial losses;
loss of profit;
loss of opportunity;
loss of use;
downtime;
reputational damage;
third-party claims;
indirect or consequential damages.

Haubot's total liability in connection with a Seller Managed Auction shall not exceed the platform fees actually paid to Haubot in relation to the specific auction giving rise to the claim, unless mandatory law provides otherwise.

Nothing in these Terms limits liability for fraud, intentional misconduct, gross negligence or liability that cannot be excluded under applicable law.

46. Relationship Between Buyer and Seller

The sale contract in a Seller Managed Auction is concluded directly between the seller and the winning bidder.

Haubot is not a party to the sale contract unless expressly stated otherwise in a separate written agreement.

Any dispute concerning the sale contract, invoice, payment, ownership, title, condition, release, loading, delivery, transport, taxes, customs, warranty, return, refund, cancellation, damages or performance is a dispute between seller and buyer.

Haubot may conduct platform enforcement review, but such review does not replace the parties' legal rights and obligations against each other.

47. Governing Law and Jurisdiction

These Terms, and any dispute between a user and Haubot relating to platform access, auction tools, bidding records, deposits, platform fees, moderation, account restrictions, platform enforcement, platform dispute review or these Terms, are governed by the laws of the Netherlands, unless overriding mandatory law provides otherwise.

Any such dispute between a user and Haubot shall be submitted to the competent courts of Amsterdam, Netherlands, unless mandatory law requires another jurisdiction.

Any dispute between buyer and seller concerning the underlying sale contract is a dispute between those parties. The applicable law and forum for such buyer-seller dispute may depend on their own agreement, applicable mandatory law, seller location, buyer location, lot location, transaction documents or other relevant circumstances.

48. Amendments and Versioning

Haubot may update these Terms from time to time.

The version applicable to a bid, auction listing or transaction is the version in effect at the time the relevant auction listing is published or the bid is placed, unless mandatory law or a specific written agreement provides otherwise.

Haubot may make immediate changes where necessary for legal, compliance, security, fraud prevention, technical or platform integrity reasons.

49. Final Provisions

If any provision of these Terms is held to be invalid, unlawful or unenforceable, the remaining provisions shall remain in full force and effect.

Failure by Haubot to enforce any provision of these Terms shall not constitute a waiver of that provision.

Headings are for convenience only and do not affect interpretation.

These Terms apply together with Haubot's general platform terms, privacy policy, fee schedule, auction rules, wallet rules, dispute rules, listing rules, account rules and any lot-specific terms displayed on the platform.

In case of conflict between these Terms and lot-specific terms, the more specific lot terms shall prevail for that lot, unless they are unlawful, clearly erroneous or inconsistent with mandatory platform enforcement rules.