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Rental - Terms + Conditions

Current as at 4 November 2024
Thank You for choosing Huntley + Co

1. Introduction

  • 1.1. In these terms ‘we’, ‘us’ or ‘our’ refers to Huntley Holdings Pty Ltd (ACN 624 884 788) t/a Huntley and Co of G6, 16 Mars Road, Lane Cove West NSW 2066.
  • 1.2. We offer furniture and décor/accessories products (Display Stock) rental services, along with associated delivery, installation, collection and accessory selection services (together, Services). These terms and conditions apply each time you place an order for our Services.

2. Placing an Order

  • 2.1. You may place an order for our Services (Order) through our website, www.huntleyandco.com.au (Website). We may provide different Order platforms on the Website for retail customers or trade customers at our discretion. We may specify criteria and terms on which you can apply to become a trade customer and use our trade platform to place your Order (Trade Platform Customer).
  • 2.2. Each Order will specify the Display Stock that you wish to rent, the duration of rental, your nominated delivery date, applicable rental fees and fees for other services selected.
  • 2.3. You acknowledge and agree that placing an Order does not guarantee the availability of the Display Stock or the nominated delivery date.
  • 2.4. We reserve the right to reject an Order at our absolute discretion.
  • 2.5. After receiving your Order we will confirm the delivery date (Delivery Date) with you.
  • 2.6. If you are a Trade Platform Customer, you must select the specific items for your Order between 10 Business Days and 2pm, 3 Business Days before the Delivery Date.
  • 2.7. For all other customers, we will confirm the availability of the Display Stock to Your Email no less than 10 Business Days prior to the Delivery Date.
  • 2.8. If the Display Stock in your Order includes accessories such as soft furnishings, cushions, throws, linens, towels, vases, florals and books (Accessories), then you must select your Accessories at our showroom in person and by appointment between 10 Business Days and 5 Business Days before the Delivery Date or engage us to select on your behalf in accordance with clause 9.1.
  • 2.9. After you select or we confirm the Display Stock in accordance with clauses 2.6 to 2.8 above (as applicable), we will issue a confirmation of your Order, including any variations to Your Email no less than 3 Business Days before the Delivery Date (Order Confirmation).
  • 2.10. You may change or cancel your order before the earlier of our Order Confirmation or 3 Business Days before the Delivery Date with no penalty. Changes or cancellations after this will be dealt with in accordance with clause 8.
  • 2.11. Once you receive our Order Confirmation, a legally binding agreement is formed between you and us, which includes (in order of priority in the case of any inconsistency):
    • (a) these terms and conditions;
    • (b) our Schedule of Fees as at the date of the Order as applicable to either Trade Platform Customers or other customers, which is published on our Website (Schedule of Fees); and
    • (c) the Order Confirmation.

3. Fees, payment and late payments

  • 3.1. We will charge you fees for our Services (Fees) based on the Schedule of Fees as at the date of your Order.
  • 3.2. For Display Stock rental, we will charge you the following fees:
    • (a) the specified rental fee, calculated per item and per week (or part thereof) for the duration of the term (Rental Fee);
    • (b) a fee for delivery and collection of the Display Stock (Delivery/Collection Fee);
    • (c) if you choose it, a fee for risk protection against fire, flood, theft and vandalism pursuant to Schedule 1 (Risk Protection); and
    • (d) a security bond, on the terms in clause 5 (Security Bond).
  • 3.3. If you choose to use any additional Services, then the Fees specified in clause 9 will apply.
  • 3.4. You must pay us for our Services as follows, or as otherwise agreed:
    • (a) Rental Fees, Delivery/Collection Fees and any other Fees specified on your Order Confirmation are due upon us issuing an Invoice, and before the Delivery Date. We will charge those fees to the credit card that you nominated when you placed your Order.
    • (b) Subject to clause 5.3, you must pay us the Security Bond upon invoice and prior to the Delivery Date. We will charge the Security Bond to the credit card that you nominated when you placed your Order.
    • (c) When we charge fees to your nominated credit card pursuant to (a) or (b) above:
      • (i) it is your responsibility to ensure that your card details are valid and up to date and that there are sufficient funds available;
      • (ii) if a payment from the card nominated with your Order is declined or otherwise fails, we may delay or cancel your Order at our discretion;
      • (iii) you acknowledge and agree that we do not collect or store your payment information and cannot view your complete card details. All payment information is collected and stored by our third party payment gateway.
    • (d) Other than as provided in (a) to (c) above, you must pay the Fees for any other Services upon invoice, and no less than 2 Business Days before the event to which the Fees relate.
    • (e) If you are late paying our Fees, we may at our discretion, and as is relevant:
      • (i) cancel the supply of the relevant Service;
      • (ii) change the Delivery Date, Swap Date, or Collection Date (as applicable), and/or
      • (iii) collect the Display Stock to which the Fees relate.
  • 3.5. If at any stage there is a reduction in the Fees that you owe us based on a variation contemplated in these terms, we will process a fee adjustment on the following basis (Fee Adjustment):
    • (a) we may first apply the amount of the fee reduction to any other Fees then outstanding; and
    • (b) we will otherwise process the adjustment to the credit card nominated on your Order or the payment method used for the applicable Fees, as is relevant.

4. Rental term, extensions and early collection

  • 4.1. This agreement continues for the term specified in the Order Confirmation (Term), including any extension pursuant to clause 4.2 below (Extended Term).
  • 4.2. The Term will be extended in the circumstances set out below.
    • (a) No less than 5 Business Days before the end of the Term, we will send a reminder to Your Email that the end of your Term is approaching.
    • (b) No less than 3 Business Days before the end of the Term, you must send the following instructions to Our Email (End of Term Instructions):
      • (i) that you wish the Display Stock to be collected at the end of the Term; or
      • (ii) that you wish to extend the Term and specify the extension period.
    • (c) Unless or until we receive your End of Term Instructions, the Term will be extended on a weekly basis, and you must pay us weekly Rental Fees in accordance with clause 3.3(d).
      • (i) We have this term because we need your cooperation to collect the Display Stock at the end of the Term. If you don’t give us End of Term Instructions and allow us to collect the Display Stock, it harms our business because we can’t rent that Display Stock to anyone else. This term protects us in that situation.
  • 4.3. If you extend the Term in accordance with clause 4.2 then you must pay us the applicable Rental Fees for any extension (Extension Fees) upon invoice, and no less than 2 Business Days before the end of the current Term.
  • 4.4. If you wish to end the Term early, then subject to clause 8.4 (no refund for change of mind):
    • (a) you may notify us that you wish to end your Term early; and
  • 4.5. If you rent the Display Stock for the purpose of marketing and selling a property and sale contracts exchange or the property is withdrawn from sale before the end of the Term, then:
    • (a) we may request to collect the Display Stock immediately, at our discretion;
    • (b) if this occurs during any ‘free weeks’ period of the Term in which there are no applicable Rental Fees, then you must allow us to collect the Display Stock early; and
    • (c) in all other cases, if you accept our request, we will arrange early collection.

5. Security Bond

  • 5.1. We will charge you a Security Bond to secure against the cost of any damage or cleaning to the Display Stock and any outstanding Fees owed once we collect the Display Stock.
  • 5.2. Subject to clause 5.3, once we have collected the Display Stock and inspected it:
    • (a) we will notify you of any fees for damage / cleaning or outstanding Fees that will be deducted from the Security Bond or invoiced separately;
    • (b) you may contact Our Email to request the return of the Security Bond (less any applicable deductions); and
    • (c) we will initiate the return of any Security Bond automatically no later than 30 Business Days after we collect the Display Stock if you have not requested the return earlier.
  • 5.3. For Trade Platform Customers:
    • (a) we may only require a single Security Bond at any stage regardless of whether you have multiple current Orders;
    • (b) we may hold your Security Bond between Orders;
    • (c) we will return of your Security Bond (less any applicable deductions) where you cease to be a Trade Platform Customer, or as otherwise agreed.
  • 5.4. If you cancel your Order prior to delivery of the Display Stock, without limiting any other consequences of the cancellation, you may contact Our Email to request the return of the Security Bond.

6. Delivery, installation, property access and collection

  • 6.1. We will deliver and install the Display Stock on the Delivery Date and to the property (Property) specified in the Order Confirmation.
  • 6.2. The installation component of our Services includes placement of each item of Display Stock in its allocated room or outdoor area. It does not include styling services.
  • 6.3. At the end of the Term, we will set the date for collection of the Display Stock as follows (Collection Date):
    • (a) we will collect the Display Stock at our earliest reasonable availability, and between 1 and 30 Business Days following the End of Term Instructions;
    • (b) you may request urgent collection, in which case we will collect the Display Stock within 4 Business days following the End of Term Instructions. We may charge an additional fee for urgent collections;
    • (c) we will not charge you Rental Fees for any period between the end of the Term and the Collection Date, except to the extent that you delay the Collection Date.
  • 6.4. If you wish to change a Delivery Date or Collection Date:
    • (a) we will use reasonable endeavours to accommodate your request, subject to availability; and
    • (b) if you notify us of your request within 3 Business Days of the Delivery Date or Collection Date, we will charge you a Rescheduling Fee pursuant to the Schedule of Fees.
  • 6.5. We may change a Delivery Date or Collection Date where we deem it is reasonably necessary to do so, including on account of logistics or staff availability or extreme weather events. If this occurs:
    • (a) we will use reasonable endeavours to agree a new Delivery Date or Collection Date and confirm the new date to Your Email; and
    • (b) if there is any resulting reduction in the Term and Fees, we will process a Fee Adjustment.
  • 6.6. You acknowledge and agree that:
    • (a) you have legal authority to grant us access to the Property for the purpose of:
      • (i) delivering and installing the Display Stock;
      • (ii) performing any additional Services; and
      • (iii) collecting the Display Stock,
      • for the duration of the Term, and that you have made any necessary notifications to property managers or strata managers where applicable;
    • (b) you or your representative (of at least 18 years of age) must be present at the Property when we attend on the Delivery Date and Collection Date;
    • (c) you must take all reasonable steps, and follow all reasonable instructions from our team members, to facilitate access to the Property and the delivery, installation and collection of the Display Stock;
    • (d) you must ensure the Property is prepared for us to deliver, install and collect the Display Stock, including decluttering, ensuring there is sufficient space for the Display Stock, cleaning the property, ensuring any trade work is completed and any new paint is dry;
    • (e) you must ensure that there is suitable access to the Property including any necessary lift access required to deliver, install and collect the Display Stock; and
    • (f) you accept full responsibility for the safety and supervision of any children or pets while we are delivering, installing and collecting the Display Stock.
  • 6.7. If we cannot complete delivery, installation or collection because you have not complied with clause 6.6 above, we may:
    • (a) reschedule the Delivery Date or Collection Date and may charge you an additional fee (Inability to Deliver/Collect Fee); and
    • (b) in the case of collection, extend the Term on a weekly basis in accordance with clause 4.2(c).

7. Ownership, handling and risk relating to Display stock

  • 7.1. We always remain the owner of the Display Stock.
  • 7.2. You must not sell, offer for sale, mortgage, transfer, or in any way deal with the Display Stock without our written consent.
  • 7.3. While the Display Stock is at the Property, you bear all risk and responsibility in relation to the Display Stock, subject only to the Risk Protection terms if you have chosen to purchase Risk Protection.
  • 7.4. While the Display Stock is at the Property you must:
    • (a) keep the Display Stock in working order and good condition;
    • (b) store the Display Stock safely and securely and protected from theft, loss or damage;
    • (c) not modify, alter or tamper with the Display Stock without our written consent, including not removing any labels or safety instructions;
    • (d) not remove the Display Stock from the Property without our written consent;
    • (e) allow us to enter the Property to inspect the Display Stock upon reasonable notice;
    • (f) notify us immediately if there is any loss of, or damage to, the Display Stock.
  • 7.5. If you rent any artwork, mirror or other wall hanging (Wall Hanging), then in addition to clause 7.4 you must do the following, unless you use our Wall Hanging Service in accordance with clause 9.2:
    • (a) you must hang the Wall Hanging using the string, hooks or other fixtures supplied on the Wall Hanging, as provided and without modification;
    • (b) you must hang the Wall Hanging on permanent wall anchors only (which excludes sticky hooks and similar products); and
    • (c) if hanging the Wall Hanging requires any alteration to the Property (e.g. nail, screw, hole), you are solely responsible for any necessary remediation to the Property as a result.
  • 7.6. Following collection of the Display Stock, we will inspect the stock and inform you of any repair or cleaning requirements within 10 Business Days. For any such costs, clause 5 will apply.

8. Changes, cancellations and refunds

  • 8.1. Changes and cancellations prior to Order Confirmation are addressed in clause 2.10.
  • 8.2. If you wish to change the Display Stock in your Order after the earlier of the Order Confirmation or 3 Business Days before the Delivery Date:
    • (a) you may notify us of changes to the Display Stock selections subject to payment of a change fee specified in the Schedule of Fees (Change Fee); and
    • (b) if the Fees owing following the change and any Change Fee are lower than the Fees already paid, we will process a Fee Adjustment.
  • 8.3. If you wish to cancel your Order after the earlier of the Order Confirmation or 3 Business Days before the Delivery Date:
    • (a) we will charge you a cancellation fee specified in the Schedule of Fees (Cancellation Fee);
    • (b) we will deduct the Cancellation Fee from any Fees already paid and process a Fee Adjustment; and
    • (c) clause 5.3 will apply in relation to your Security Bond.
  • 8.4. Subject to clause 8.5, we do not provide refunds for change of mind. For clarity, ‘change of mind’ includes the Display Stock not suiting the Property in your opinion, not fitting in its allocated room due to size or access issues, or you deciding to end your Term early on account of the Property selling, being withdrawn from sale, or otherwise.
  • 8.5. We will provide a refund where required to do so by law. If you believe there is any fault or defect in the Display Stock please take photographs and notify us, then we will arrange to investigate and rectify the situation based on our legal obligations under the Australian Consumer Law. You acknowledge and agree that the Display Stock is not new, has been used for other rentals, and will be subject to signs of normal usage and wear and tear.
  • 8.6. If you wish to change or swap any of the Display Stock during the rental period (Swap):
    • (a) we will charge you an additional fee to deliver the replacement Display Stock and collect any returning Display Stock, in accordance with the Schedule of Fees (Swap Fee); and
    • (b) we will nominate the date for delivery/collection of the Swap based on our availability.

9. Additional Services

  • 9.1. Accessory Selection Service
    • (a) Upon request, we will provide an accessory selection service in which an in-house stylist will assist you with your selection of Accessories via email, videoconference or telephone (Accessory Selection Service).
    • (b) If you use the Accessory Selection Service, you must pay us an Accessory Selection Service Fee in accordance with the Schedule of Fees.
  • 9.2. Wall Hanging Service
    • (a) Upon request, we will provide a hanging service for any Wall Hanging/s that you rent from us (Wall Hanging Service).
    • (b) If you use the Wall Hanging Service, you must pay us a Wall Hanging Service Fee in accordance with the Schedule of Fees.
    • (c) If you use our Wall Hanging Service, then you acknowledge and agree that:
      • (i) we may use nails and screws which will remain in place after we collect the Display Stock;
      • (ii) the Wall Hanging Service does not include the removal of nails and screws at the end of the rental period, or the patching or remediation of walls where the Wall Hangings have hung;
      • (iii) we will not provide the Wall Hanging Service where the Property contains asbestos; and
      • (iv) you must make enquiries as to the existence of asbestos in the Property and notify us in advance of the Delivery Date if the property contains asbestos.

    10. Your information

    • 10.1. We will handle your personal information in accordance with the privacy policy published on our Website.
    • 10.2. You must keep your password and login details for our Website secure. You are solely responsible for any unauthorised use of your account on our Website except to the extent that we have caused the unauthorised use.

    11. Confidentiality

    • 11.1. Each party must keep all Confidential Information confidential and use such information for the sole purpose of performing its obligations under this agreement.
    • 11.2. Neither party may use or disclose the Confidential Information except:
      • (a) to that party’s employees or advisers on a need-to-know basis and that party must ensure that such persons understand and comply with the obligations imposed by this agreement;
      • (b) as required by law, subject to that party notifying the other party immediately if that party becomes aware that such disclosure may be required; or
      • (c) with the other party’s prior written consent.

    12. Intellectual Property

    • 12.1. You may not use Our Materials in any way except as provided in this agreement or with our written permission. The ownership of all rights, including Intellectual Property Rights, title, interested in and to Our Materials is not altered, licensed, transferred or assigned under this agreement.

    13. Termination

    • 13.1. We may terminate this agreement for any reason on 5 Business Days’ notice.
    • 13.2. Either party may terminate this agreement on notice if the other party:
      • (a) fails to remedy a breach within 15 Business Days’ notice from the other party requesting the breach be remedied;
      • (b) breaches this agreement and that breach is not capable of remedy; or
      • (c) becomes insolvent or enters into liquidation.
    • 13.3. In the case of early termination under clause 13.1 or 13.2 above:
      • (a) we will arrange to collect the Display Stock in accordance with Clause 6;
      • (b) we will provide a Fee Adjustment for any Services not supplied as at the earlier date of Termination.

    14. Warranties

    • 14.1. Each party represents and warrants to the other party that:
      • (a) it has the full right, power and authority to enter into this agreement and to perform its obligations under this agreement; and
      • (b) there are no pre-existing rights or obligations which would prevent it from complying with its obligations under this agreement; and
      • (c) it will comply with all applicable laws, codes and regulations.
    • 14.2. Subject to any express warranties in this agreement but otherwise to the fullest extent permitted by law, we expressly exclude all warranties, conditions and representations in whatever form, relating to the Services, including any warranties or representations relating to performance, quality or fitness for use, fitness for a particular purpose, guarantee of a particular result or outcome.

    15. Limitation of liability and indemnities

    • 15.1. Nothing in this agreement limits any non-excludable statutory rights available to you, including under the Australian Consumer Law.
    • 15.2. Notwithstanding any other provision of this agreement and to the fullest extent permitted by law:
      • (a) our aggregate liability in connection with this agreement whether in contract, tort (including negligence), statute or otherwise is limited to (at our choice):
        • (i) resupplying the Services, where they are capable of being resupplied; or
        • (ii) the amount of Fees paid for the Services.
      • (b) neither party is liable, whether such liability is based on breach of contract, tort (including negligence), statute or otherwise for any Consequential Loss, indirect, incidental, punitive or special Losses of any kind (including loss of profit, loss of opportunities or business interruption);
    • (c) except to the extent that any Loss is caused by us, you indemnify us (including our employees, agents and contractors) against:
      • (i) any Loss in relation to the Display Stock while on your Property (Display Stock Indemnity), except to the extent that the Risk Protection applies; and
      • (ii) any Loss arising from a third party alleging damage, injury or death arising from the Services, the placement, use or malfunction of the Display Stock on the Property, or our attendance at the Property in accordance with this agreement; and
    • (d) each party indemnifies the other for any breach of warranty provided in clause 14.1.

    16. Force majeure

    • 16.1. If a Force Majeure Event occurs, the affected party must notify the other party and the obligations of the party (excluding any payment obligations) will be suspended to the extent that they are affected by the relevant Force Majeure Event until that Force Majeure Event has ceased.

    17. Dispute resolution

    • 17.1. If a dispute arises in relation to this agreement:
      • (a) the party claiming the dispute must issue a Dispute Notice;
      • (b) within 5 Business days, the parties must meet to attempt in good faith to resolve the dispute. Each party must be represented by a person with authority to resolve the dispute and the meeting will be confidential and without prejudice to either party’s rights;
      • (c) if the parties do not resolve the dispute within 20 Business Days following the Dispute Notice (or a longer period agreed in writing), then either party may initiate legal proceedings in relation to the dispute;
      • (d) each party must continue to perform its obligations under this agreement which are not the subject of dispute; and
      • (e) nothing in this clause limits a party’s right to seek urgent interlocutory relief where failure to do so would cause irreparable Loss to that party.

    18. General

    • 18.1. A notice, consent or other communication under this agreement is only effective if it is in writing, and sent to Your Email or Our Email as applicable.
    • 18.2. Nothing in this agreement will be taken as giving rise to a relationship of employment, agency, partnership or joint venture. Except as otherwise provided in this agreement, the parties acknowledge and agree that neither party will have any authority to bind the other party or to enter into an agreement in the name of the other party.
    • 18.3. This agreement contains the entire understanding between the parties concerning the subject matter of the agreement and supersedes all prior communications.
    • 18.4. The failure of either party to enforce any provisions under this agreement will not waive the right of such party thereafter to enforce any such provisions.
    • 18.5. If any term or provision of this agreement is held by a court to be illegal, invalid or unenforceable under the applicable law, that term or provision will be severed from this agreement and the remaining terms and conditions will be unaffected.
    • 18.6. This agreement is governed by, and construed in accordance with, the laws of New South Wales, Australia. The parties agree to submit to the exclusive jurisdiction of the courts of New South Wales.
    • 18.7. You may not assign, transfer or otherwise deal with this agreement or any right under this agreement without the prior written consent of us (which must not be unreasonably withheld).
    • 18.8. Any warranty, indemnity, or obligation of confidentiality in this agreement will survive termination. Any other term which by its nature is intended to survive termination of this agreement survives termination of this agreement.

    19. Definitions and interpretation

    • 19.1. In this agreement, terms have the meaning given to them throughout the agreement (including the schedules) and, unless the context otherwise requires, as follows.

      Business Day means a day, between 8:00am and 5:00pm that is not a Saturday, Sunday, bank holiday or a public holiday in New South Wales or in the state, province or equivalent that the Retailer is located (as the context requires).
      Confidential Information means confidential, proprietary and commercially sensitive information (irrespective of the form or the manner in which the information is disclosed, or the time of such disclosure) including information which:

      • • is identified as confidential or ought to have been known to be confidential; and
      • • relates to the business affairs and practices, including financial information, business opportunities, business plans, business processes and methodologies,
      but does not include information which is in, or comes into, the public domain other than by a breach of this agreement, or which is independently known to the other party as evidenced by its written record.
      Consequential Loss means any Loss that does not arise naturally in the ordinary course of things from the event or circumstance giving rise to the Loss.
      Dispute Notice means a notice issued by a party claiming a dispute has arisen, which is issued to the other party setting out the nature of the dispute and all other information relevant to the dispute.
      Force Majeure Event means any act, event or cause including earthquakes, cyclones, floods, fires, lightening, storms or other acts of God, strikes or industrial disputes, riots, terrorist acts, civil disturbances, breakages of machinery, or industrial conditions, or arising out of any other unexpected and exceptional cause, delays in transportation and dispositions or orders of governmental authority (including public health orders), which:
      • • directly or indirectly results in a party being prevented from or delayed in performing any of its obligations under this agreement; and
      • • is beyond the reasonable control of that party.

      Intellectual Property Rights means all present and future rights conferred by statute, common law or equity in or in relation to any copyright, trademarks, designs, patents, circuit layouts, plant varieties, business and domain names, confidential information, inventions and other results of intellectual activity in the industrial, commercial, scientific, literary or artistic fields whether or not registered, registrable or patentable.
      Loss means any judgment, debt, damage, loss, cost, expense or liability howsoever arising and whether present or future, fixed or unascertained, actual or contingent whether at law, in equity, or otherwise, and Loss has an equivalent meaning.
      Our Email means the email address hello@huntleyandco.com.au.
      Our Materials means all content or materials provided by us to you while supplying the Services, including words, images, logos, information, documents and materials, our Website, and any other content in which we own the Intellectual Property Rights.
      Your Email means the email address you supply to us with your Order.
    • 19.2. In this agreement unless the context otherwise requires:
      • (a) clause and subclause headings are for reference purposes only;
      • (b) the term “including”, or similar expressions, is not used as, nor intended to be interpreted as, a term of limitation;
      • (c) the singular includes the plural and vice versa;
      • (d) any reference to a party to this agreement includes its successors and permitted assigns;
      • (e) any reference to “$” or “dollars” is a reference to Australian dollars, unless otherwise indicated or agreed in writing; and
      • (f) a reference to any law are to be construed as references to that law as from time to time amended or to any law from time to time replacing, extending, consolidating or amending the same.

    Schedule 1 - Risk Protection: fire, flood, theft, vandalism

    • (a) Defined terms in this Schedule have the same meaning as in the Terms and Conditions above.
    • (b) The terms in this Schedule apply if you choose to acquire risk protection when you place an Order.
    • (c) You must pay us the fee for Risk Protection specified in the Schedule of Fees (Risk Protection Fee).
    • (d) Upon payment of the Risk Protection Fee and subject to clause (e) below, for the duration of the Term, we release you from Display Stock Indemnity in 15.2(c) to the extent that Loss arises from any of the following events (each a Defined Event):
      • i. theft and/or vandalism of one or more of the Display Stock items, resulting from a forcible entry, and provided that the theft or vandalism has been reported to the police station nearest to the Property within 48 hours of the event; and/or
      • ii. fire or flood damage to one or more of the Display Stock resulting from a fire or flood in the Property.
    • (Risk Protection)
    • (e) The Risk Protection is subject to the following conditions.
      • i. Risk Protection does not extend to wilful or intentional acts committed directly or indirectly by you, or any party ordinarily resident at the Property.
      • ii. You must notify us of the occurrence of a Defined Event within 3 Business Days of the event occurring.
      • iii. Upon the happening of a Defined Event causing loss or damage to one or more items of Display Stock, you must pay us an excess per item of Display Stock lost, destroyed or damaged up to a maximum aggregate excess (per Schedule of Fees).
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