SXM Notary Richards

General Terms & Conditions for Auctions

The auction will be conducted via raising bids (“bij opbod”) and decreasing bids (“bij afmijning”) in one session.


Offers in writing may be submitted for properties auctioned pursuant to Article 3:268, paragraph 2 of the Civil Code.


Submission of Offers
• Offers must be submitted in writing to the creditor via the designated civil law notary no later than Wednesday, January 28th 2026, at 16:00 hrs (4:00 PM).
• Offers must be emailed or delivered to auction@sxmnotaryrichards.sx, accompanied by:
• A valid passport or national ID (certified copy).
• A creditor/bank guarantee letter supporting the bid.
• Any offer not accepted within eight (8) days shall be deemed declined.


Auction Process & Seller’s Rights
The seller reserves the right to:
• Adjust the Reserve Price before the auction.
• Postpone or cancel the auction at any time.
The auction will take place through:
• Raising bids (“bij opbod”).
• Decreasing bids (“bij afmijning”).
The seller retains sole discretion to accept or reject any bid.


Auction Costs & Buyer Responsibilities
All auction costs are borne by the buyer, which may include:
• Outstanding ground rent (“erfpachtcanon”).
• Outstanding property charges related to superficies rights.
• Buyers should consult SXM Notary Richards for an estimate of notarial costs.


Bidder Identification & Legal Entities
Each bidder must present a valid passport or national ID at the auction.
Legal entities must submit at the auction:
• A recent original extract from the Chamber of Commerce’s Commercial Register (No older than 3 months).
• A True Copy of the current Articles of Association.


Bidder Guarantee Requirements
The successful bidder must provide a bank guarantee:
• Issued by a bank supervised by the Central Bank of Curaçao and Sint Maarten.
• Acceptable to the seller.
• Covering the highest bid plus auction costs.


Additional Information
For property details, auction conditions, and appraisal reports, please visit:
🌐 www.sxmnotaryrichards.sx
📧 Email: auction@sxmnotaryrichards.sx | corporate@sxmnotaryrichards.sx


Disclaimer: Property descriptions are based on available evaluation reports and may contain inaccuracies. Some items may not have been inspected internally, and all information provided is subject to change.