📝 Description
A Petrof concert grand piano is being sold through an auction organized by Vytautas Magnus University. The starting bid for the piano is 700 EUR, and participants must pay a mandatory deposit of 100 EUR. This asset is listed as other movable property with Inventory No. 120911057.
Registration for auction participation is open from 2025-12-12 00:00:00 until 2025-12-15 23:59:59. The auction itself will run from 2025-12-18 09:00:00 to 2025-12-19 13:59:59.
Asset inspection is scheduled up to 2024-12-11, only on business days between 9 a.m. and 12 p.m. Advance registration is required for both inspection and obtaining full information about the property.
Sale terms require the winning bidder to pay the full purchase amount within 5 business days after the auction concludes. Payment must be made via bank transfer to the Vytautas Magnus University account (LT 91 7044 0600 0310 5370, AB SEB bankas), referencing the auction number and asset name. Once payment is confirmed, the transfer deed will be signed within 3 business days, and the buyer must arrange collection of the piano at their own expense. The seller provides no warranty for the piano being sold.
Registration for auction participation is open from 2025-12-12 00:00:00 until 2025-12-15 23:59:59. The auction itself will run from 2025-12-18 09:00:00 to 2025-12-19 13:59:59.
Asset inspection is scheduled up to 2024-12-11, only on business days between 9 a.m. and 12 p.m. Advance registration is required for both inspection and obtaining full information about the property.
Sale terms require the winning bidder to pay the full purchase amount within 5 business days after the auction concludes. Payment must be made via bank transfer to the Vytautas Magnus University account (LT 91 7044 0600 0310 5370, AB SEB bankas), referencing the auction number and asset name. Once payment is confirmed, the transfer deed will be signed within 3 business days, and the buyer must arrange collection of the piano at their own expense. The seller provides no warranty for the piano being sold.
❓ Frequently asked questions
What is the starting price for the Petrof concert grand piano?
The starting price at the auction is 700 EUR.
When does registration for the auction close?
Registration for the auction closes at 2025-12-15 23:59:59.
When does the auction start and end?
The auction starts on 2025-12-18 09:00:00 and concludes on 2025-12-19 13:59:59.
What is the required deposit for participation?
The security deposit required is 100 EUR.
How long does the buyer have to pay for the piano?
Payment for the acquired asset must be completed via transfer within 5 business days after the auction ends.
When can this piano be inspected?
Asset inspection is scheduled up to 2024-12-11, from 9 a.m. to 12 p.m., but prior arrangement is mandatory.
Who is organizing this sale?
The auction is organized by Vytautas Magnus University (Company Code 111950396).