Page 58 - Ride the Wave Horse Sale - All Disciplines & Breeds – March 19, 2022

T
erms and Conditions
Terms and Conditions
Pre-purchase Soundness Exam & Images right to reject any or all bids. The auctioneer completes sale distress
of a horse at the fall of the gavel. We reserve the right to • $3,500 travel fees to the seller for loss of income &
• Trainers are required to provide a pre-purchase
soundness exam including images. X-rays required refuse bidding to anyone. distress
consist of AP and Lateral radiographs of the navicular as • Online Bidding: Online Bidding is provided by Payment:
well as Skyline Navicular views and oblique views of the our company, MM Auction Services, LLC. Go to Payment in full is required to be made to MM Auction
hocks (LateralMedial & MedialLateral). Premieronlinesales.com and you can find it under Services immediately after the sale by credit card, cash
current auctions at that link. Click on “Buyer Resources”
• Buyers understand that if they want additional images or check. International purchases are payable by credit/
of horses or a pre-purchase exam of their own, they will to get started or call with questions. There will be a 1% debit card or wire transfer. A 3% convenience fee will be
have those done ahead of sale time at buyers’ expense. online buyers fee applied to all online winning bids.
charged if payments are made with a credit or debit card
• All horses selling at Premier Horse Sales are required to Online bidders have 2 payment choices only, credit (4% international). By making payment with your card,
have a pre-purchase soundness exam done by a licensed card or ACH (e-check). A charge of 3% convenience you acknowledge that you waive the right for a return of
fee is applied to pay with a credit card or debit card
veterinarian in order to sell. horse(s) along with any and all refunds of monies paid
• PPEs can be done as early as 4 months before sale (International 4%). Make sure you plan accordingly and etc. in conjunction with any purchases at this sale/auction
day but no sooner. Vets are required to upload PPE notify your bank of the charges. Any returned e-check
from MM Auction Services, LLC. MM Auction Services
information to our website, repository page, as early as 1 charges will be accessed a $500 fee and required to wire is a pass-through agency and does not hold funds for
month before the sale but no later than 2 weeks prior to the balance same day plus the $500 fee. International guarantees, returns or refunds of monies paid on animals
bidders have 2 payment options of credit/debit card (4%
sale day. purchased at auction. All current county and state sales tax
• Some trainers will include stifle x-rays as well as others convenience fee) or wire transfer. Once we have verified rates will be applied to all winning bids. In order to be tax
but it’s not required. If buyers want more than the your accounts with your bank, we will send you an
exempt, appropriate forms will need to be filled out and to
required PPE, they are required to get it done BEFORE “approval to bid” email. Watch for emails in your spam our office before sale day or exemption will not be granted.
the sale at their expense. folder. All buyers agree to not place any kind of charge back on
• Phone Bidding & Absentee Bidding: Serious buyers
• X-rays are viewable on our website as early as 1 month any payment made towards the purchase of any horse.
before sale day up to sale day and then the system only! There will be a 2% buyer’s premium fee applied to Private Sales:
automatically deletes them when the gavel drops. We all phone and absentee winning bids. To bid on more
do not keep x-rays past sale day, hence it’s called a pre- than 4 horses, you are required to first pay $100 per Absolutely no private sales with trainers either prior to the
purchase exam and not a post purchase exam. additional head to bid. This payment is non-refundable sale or after the auction. Trainers have given MM Auction
but will be applied to your final statement if you Services, LLC Exclusive Rights for selling the consigned
• The deposit and inspection of X-rays, and access to
the repository are subject to our Repository Terms & purchase a horse. In order to bid, you will need to fill out horses. All horses brought to the sale must go through
Conditions listed on our website. All buyers accept the our phone/absentee bidding form. New bidders need to the auction ring. Any horses “no sold” in the ring but sold
Repository terms and conditions when accepting these provide us with their bank contact information, bank outside are expected to report it to the office. We will leave
terms and bidding at sale. account number, and copy of driver’s license. If bidder it up to the integrity of the seller to make sure this happens
refused to pay their invoice in full, the same fees for loss so the seller will be welcome back to the sale.
• Each buyer is encouraged to instruct their registered
veterinarian to inspect the X-rays for each Lot and of income and distress listed above will be applied to Trainer’s Guarantee:
physically inspect each Lot prior to the purchase phone bidders as well. Based upon representations made solely by the horse
thereof. As provided in the Standard Conditions of • Agent Bidding: Buyer and agent are required to fill out trainer, all horses consigned have passed our sifting process
Sale contained in the Sales Catalogue and on our the Agent’s Authorization Form and include a copy of prior to the sale. All horses are sold guaranteed sound by
the agent and bidder’s driver’s license.
website, each Lot purchased is purchased, at the fall the trainer only that at the time of sale the horse was sound
of the hammer, with all defects and deficiencies, latent Bidders Guarantee: of limb, wind, and eye unless other announcements are
and patent, subject to the exceptions set out in the said
Bidders guarantee to not request x-rays, vet exams, or any made from the auction block. This soundness guarantee
Standard Terms and Conditions of Sale, or, announced images or content from any vet after purchasing a horse. shall be exclusively between buyer and seller only and
prior to the auction of a Lot. The Buyer acknowledges Bidders guarantee to get all exams and images needed from does not include any other persons. Buyer understands
that it is his sole responsibility to determine the quality, a vet prior to bidding or registering for this sale allowing and agrees that MM Auction Services is not responsible
accuracy and completeness of the Pre-purchase Exam them to have the confidence prior to the horse selling in to perform any inspection or to independently confirm or
and to obtain independent advice with respect thereto
order to bid. Bidders guarantee that when they click to verify the soundness of Trainer’s horse. Buyer understands
from a registered veterinarian. bid online or say “yes” by phone bidding, they will pay the and agrees that MM Auction Services is unaware of
Bidding: fees listed below if they determine they “didn’t mean” to the condition of Trainer’s horse, and therefore is relying
Bidders have 4 options to bid: onsite, online, phone, bid or call it an accident. If you click to bid online, you solely upon representations made by Trainer regarding
or agent bidding. See our “Register to Bid” page to get are entering a legal binding contract. It doesn’t matter the condition of the horse and that the horse is sound.
registered for our next sale. New Bidders are required whether you bid accidentally or someone else bids for you All soundness guarantees do not include any time period
to provide bank contact information, and bank account under your account. Same goes for phone bidding. We call following the sale including transportation. Buyers are
the number you provide and the person on the other end encouraged to purchase equine insurance within 24
number (last 4 digits) so we can verify your account in
order to obtain a bidder number. All registered phone is the bidder and has final say. Bidding and winning but hours of sale time to protect their investments. Shall
bidders are required to provide us with a payment form not paying for the horse will result in fees due for loss of any soundness disputes arise; the buyer must contact the
prior to bidding. Please know that all online & phone income to both the seller and MM Auction Services, LLC. seller and settle the dispute between the two of them
bidders are required to be registered by noon the day before • 8% of the determined sale price to MM Auction and Buyer agrees to indemnify, release and hold harmless
Services for loss of income & distress MM Auction Services, Colby or Codi Gines, Premier
the sale. Any online or phone bidders trying to register
after this deadline, are not guaranteed to bid. All bidders • 2% of the determined sale price to MM Auction Horse Sales, to and from any claims, liability or damages
must be at least 21 years of age. The highest bidder is the Services for pain & distress which may be asserted by buyer of the horse on account
buyer. If any dispute arises between or among two or more • $500 nomination fee to the seller for loss of income & of any breach of warranty, breach of promise or alleged
bidders, sole authority to settle the dispute as he sees fit is distress misrepresentation. In the event it is determined that the
• $500 advertising fees to the seller for loss of income & defect was present at the time of sale, the trainer is required
reserved by the auctioneer and the decisions shall be final.
Seller reserves the right to waive the sale (bids) of his/her distress to trade the buyer a horse of same value. If the horse is
horse before it leaves the ring. The auctioneer reserves the • $10,000 training fees to the seller for loss of income & determined not to have the alleged defect, the sale of said
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