Terms structure · working draft
This structure maps the intended contractual flow. It is not a legally approved final version and does not replace legal or tax advice.
NOBILITH facilitates and records the acquisition of individually identified gemstones and later transfers within a closed member area.
After an effective transfer, the buyer owns the gemstone while the designated bonded custodian retains direct possession.
Payment alone does not transfer title. Final payment confirmation and the custodian's signed acknowledgement of its ownership or instruction records are required.
Before purchasing or placing the first bid on a lot, the buyer chooses whether the gemstone should remain in bonded storage or whether Swiss delivery or direct foreign export should be prepared.
From the effective transfer time, the new owner bears contractually allocated custody and insurance charges while the gemstone remains stored.
On a successful resale, the seller owes NOBILITH a commission of 3% of the agreed trade price including Swiss VAT. The buyer pays no additional marketplace fee.
Approved individuals and companies may consign gemstones exclusively to curated NOBILITH auctions. Primary-sale and Private Market listings are prohibited.
Following a successful auction sale, the partner owes NOBILITH 10% of the winning bid, including Swiss VAT, for the auction service. It is deducted from seller proceeds.
A Legacy wish records the occasion, intended recipient, dedication and requested custody or delivery path. When expressly selected at checkout, the plan is linked to the purchase and gemstone but activates only after confirmed title transfer. A plan or reminder alone never transfers title, releases custody or creates a testamentary disposition.
For release into Swiss circulation, the current owner is intended to be importer and bears import VAT, insured value transport, transit insurance, clearance and unpaid custody costs.
For direct export from Swiss bonded custody, the current owner is intended to be importer at destination and bears destination import charges plus agreed transport and insurance costs.
The bank, identity provider, custodian, insurer and value-logistics provider have not yet been appointed or contracted for live operations.
This terms structure requires Swiss professional and provider approval, especially for transfer of title while held by a third party, customs debtor status, Swiss and foreign tax treatment, cost allocation, liens, privacy, jurisdiction and provider contracts.