Terms and Conditions of “2021 Equipment Free of Charge” Discount Offer

I. Introductory Provisions

  1. The terms and conditions of the discount offer called “20201 Equipment Free of Charge” stipulate the terms and conditions and the scope of and procedure in exercising the rights and obligations under this discount offer, in particular the rights and obligations of persons participating in this discount offer as well as the rights and obligations of its organiser.
  2. The discount offer “2021 Equipment Free of Charge” (hereinafter “Discount Offer” ) is organised by PSN s.r.o., company identification No.: 170 48 869, with registered office at Seifertova 823/9, 130 00 Prague 3, incorporated by entry in the Commercial Register kept by the Municipal Court in Prague, section C, entry 1671, as well as any companies controlling it or controlled by it or acting in concert with it (hereinafter referred to as “PSN” ).
  3. The Discount Offer is held in the Czech Republic territory and is open to any natural or legal person who makes a contract with PSN on the date specified below for the purchase of a residential/accommodation/non-residential unit (hereinafter referred to as “Unit” ) in one of the residential projects in question (hereinafter referred to as "Client" ). The Discount Offer applies to all Units purchased like this in the period of the Discount Offer duration.
  4. The Discount Offer takes place from 8 November 2021 to 7 January 2022 (hereinafter referred to as “Discount Offer Duration” ).

II. Subject-Matter of Discount Offer

The Clients who meet all of the terms and conditions of the Discount Offer set out below are entitled to ask PSN

  • for a discount on the purchase of the branded equipment of the flat (hereinafter referred to as “Discount on Equipment” ) from Kuchyně a interiéry LIVING s.r.o., company identification No.: 246 75 423, with registered office at Prague 9 - Běchovice, Mladých Běchovic 2, postal code: 19011, incorporated by entry in the Commercial Register kept by the Municipal Court in Prague, section C, entry 165251 (hereinafter referred to as “Kuchyně a interiéry LIVING” ),
  • up to the amount listed in the table included in Annex No. 1 hereto.
    (Discount on Equipment is also referred to as “Discount” )

III. Fundamental Terms and Conditions

  1. The Discount Offer applies to the purchase of the Unit within the following residential projects:
    • Dlážděná Palace,
    • Slovanka Residential House,
    • vbloku,
    • Grébovka Depot,
    • Divoká Šárka Villa House,
    • Pilcova Residential House,
    • Na Vinici Villa House,
    • BackYard Dejvice
    (hereinafter referred to as “Residential Projects” or individually as “Residential Project” ).
  2. The fundamental condition for the Client’s entitlement to claim any Discount from PSN is the conclusion of a contract with PSN in the period of the Discount Offer Duration, i.e. the conclusion of an Agreement on Reservation or the Preliminary Purchase Contract on the purchase of a Unit in one of the above Residential Projects (the “Contract” ) and the proper and timely payment of a reservation deposit or a purchase price deposit, i.e. the payment of the deposit of at least 10 % of the purchase price, in accordance with the Contract.
  3. The Client who takes part in the Discount Offer is obliged to inform PSN on his/her choice when making the Contract, at the latest. This choice cannot be altered.

IV. Discount on Purchase Price

  1. The Discount on the purchase price, the amount of which is set out in the table attached as Annex 1 hereto, will already be reflected in the Contract, and the granting of the PSN purchase price Discount itself is subject to the condition precedent of the proper cumulative fulfilment of all the terms and conditions of this Discount Offer, including, where applicable, other terms and conditions set out in the Contract and relating to this Discount Offer.
  2. The Discount on the purchase price may only be granted in respect of the Unit which is the subject-matter of the Contract.

V. Discount on Equipment

  1. The Discount on Equipment entitles the Client to claim a discount from Kuchyně a interiéry LIVING on the purchase of branded equipment of the Client’s own choice.
  2. The Client is entitled to apply the Discount on Equipment provided by Kuchyně a interiéry LIVING only after signing the purchase contract, the subject-matter of which is the transfer of the title to the Unit in question in favour of the Client (hereinafter referred to as the “Purchase Contract” ). To properly exercise its right, the Client is obliged to submit to Kuchyně a interiéry LIVING the original or a certified copy of the Purchase Contract.
  3. Paragraph 2 of this Article does not exclude the Client’s right to make a preliminary selection of layouts and materials with Kuchyně a interiéry LIVING prior to signing the Purchase Contract, however, the instruction to manufacture the equipment in question will only take place after the Purchase Contract is signed and the Purchase Contract is submitted to Kuchyně a interiéry LIVING. If this is not the case, all costs associated with making of the equipment shall be borne by the Client.
  4. The possible delivery date of the selected equipment, its assembly or installation, after the signing of the Purchase Contract will be carried out upon mutual agreement between Kuchyně a interiéry LIVING and the Client.
  5. If the full value of the Discount on Equipment is not used by the Client, the Client will not be entitled to the disbursement of the remaining amount (the balance) and the right to the Discount on Equipment to the extent of the unused portion will cease to exist.
  6. The Client is obliged to apply the Discount on Equipment with Kuchyně a interiéry LIVING within 12 months of signing the Purchase Contract, at the latest. After this period, the Client’s entitlement to the Discount on Equipment at Kuchyně a interiéry LIVING will expire.
  7. The Client is not obliged to use the Discount on Equipment only for the purchase of equipment from LIVING Kitchens and Interiors for the Unit in question.
  8. If Kuchyně a interiéry LIVING is objectively unable to perform its obligations under these terms and conditions of the Discount Offer, i.e. is objectively unable to supply, assemble or install the branded equipment selected by the Client, PSN will select another similar supplier instead of Kuchyně a interiéry LIVING, against whom the Client will be able to apply the Discount on Equipment.

VI. Miscellaneous

  1. PSN is entitled to process the personal data about Clients in connection with the implementation of the Discount Offer, including the creation of a database of individual Clients for the purpose of checking the application of the Discount.
  2. The Clients who participate in this Discount Offer expressly consent to the use and processing of their personal data for the purposes set out in paragraph 1 of this Article of the Terms and Conditions.
  3. PSN will process the following Clients´ personal data: the Client´s name and surname, date of birth, permanent residence, identification of the Unit being acquired.
  4. PSN is entitled to handle the Clients’ personal data in accordance with applicable legislation, in particular Act No. 110/2019 Sb., on the processing of personal data, as amended.

VII. Final Provisions

  1. These Discount Offer Terms and Conditions may be unilaterally amended by PSN at any time by posting the most current and valid Discount Offer Terms and Conditions on the website www.psn.cz/en/podzimni-akce
  2. PSN reserves the right to cancel this Discount Offer without any compensation prior to the expiry of the Discount Offer Duration.
  3. If any Discount has been granted to the Client unlawfully or contrary to these Discount Offer Terms and Conditions, the Client will forfeit any and all rights under the Discount. If the Client has already applied for the Discount, the Client is obliged to return and refund any benefits received under the Discount and, if applicable, compensate PSN for any damages caused.
  4. In the event that PSN or Kuchyně a interiéry LIVING suffers any loss as a result of the unauthorised application of the Discount contrary to these Discount Offer Terms and Conditions, the Client is obliged to compensate for any loss so suffered.
  5. An integral part of these Discount Offer Terms and Conditions is:
  6. Annex No. 1 –Voucher Calculation Table
  7. These Discount Offer Terms and Conditions are valid from 8 November 2021.

Voucher Calculation Table

The amount of the discounts, i.e. the amount of the discount on the purchase price of the Unit being acquired by the Client within one of the Residential Projects or the amount of the discount on any equipment from Kuchyně a interiéry LIVING s.r.o., is as follows:

Unit price Discount on Equipment Discount on Purchase Price
from up to
CZK 2,500,000 CZK 5,000,000 CZK 140,000 CZK 82,000
CZK 5,000,001 CZK 8,000,000 CZK 250,000 CZK 155,000
CZK 8,000,001 CZK 13,000,000 CZK 400,000 CZK 260,000
CZK 13,000,001 CZK 20,000,000 CZK 650,000 CZK 435,000
CZK 20,000,001 CZK 30,000,000 CZK 1,000,000 CZK 690,000
CZK 30,000,001 And higher CZK 1,500,000 CZK 1,090,000