Page 58 - Ride The Wave Premier Horse Sale – March 29-30, 2024
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erms and Conditions
T
Terms and Conditions
Sale Soundness Exam & Images: horse at the fall of the gavel. We reserve the right to refuse fee) or wire transfer only. All buyers agree to pay $100/
bidding to anyone. Anyone can/will be asked to leave or day late fee for any reason their invoice is not paid directly
Trainers are required to provide a sale soundness exam
including images. X-rays required consist of AP and banned from bidding if problems arise. following the sale same day. Any buyers that ask to hold
Lateral radiographs of the navicular as well as Skyline International Bidders: Register onsite, online, phone, or checks for any reason, will be charged $100/day fee in order
Navicular views and oblique views of the hocks. priority bid. A letter from your bank is required to be an for us to do so. By making payment, you acknowledge that
• Buyers understand that if they want additional approved bidder. Email a letter on your bank’s letterhead you waive the right for a return of horse(s) along with any
stating you bank with them and all accounts are in good and all refunds of monies paid etc. in conjunction with any
images of horses or a sale exam of their own, they
will have those done ahead of sale time at buyers’ standing. Email to info@mmauctionservices.com. purchases at this sale/auction from MM Auction Services,
expense. Onsite Bidders: Register at the sale office anytime by LLC DBA Premier Horse Sales. MM Auction Services
• All horses selling at Premier Horse Sales are bringing your driver’s license and credit card as a form is a pass-through agency and does not hold funds for
required to have a sale soundness exam done by a of payment to have on file whether you plan to pay this guarantees, returns or refunds of monies paid on animals
way or not. purchased at auction. All current county and state sales tax
licensed veterinarian in order to sell.
• Sale exams can be done as early as 6 months before Priority Bidding: Ensure you never miss out on the rates will be applied to all winning bids. In order to be tax
sale day but no sooner and will be posted on our horse of your dreams! Take advantage of our Priority exempt, appropriate forms will need to be filled out and
website at least 1 month prior to sale day if not Bid option and place your bid before the live auction to our office BEFORE sale day or exemption will not be
sooner. commences. This allows you to secure your position and granted. All buyers agree to not place any kind of charge
increase the likelihood of acquiring the horse you desire. back on any payment made towards the purchase of any
• Some trainers will include extra x-rays as well,
but it’s not required. If buyers want more than the NO Buyer’s Premium horse.
required sale exam & images, they are required to get Online Bidders: Online Bidding is provided by our Buyers Guarantee:
it done before the sale at their expense. An onsite vet company, MM Auction Services, LLC. Go to Buyer’s guarantee to not request x-rays, vet exams, or any
is provided at almost all sales to assist with requests Premieronlinesales.com and you can find it under images or content from any vet after purchasing a horse.
current auctions at that link. Click on “Buyer Resources”
the day before the sale. Bidders guarantee to get all exams and images needed from
• X-rays are viewable on our website as early as 3 to get started or call with questions. There will be a a vet prior to bidding or registering for this sale allowing
months before sale day up to sale day and then the 1% online buyers fee applied to all online winning
them to have the confidence prior to the horse selling in
system automatically deletes them when the gavel bids. You’ll need to create an account with our online order to bid. Bidders guarantee that when they click to
drops. We do not keep x-rays past sale day. platform first. Once we have verified your accounts with bid online or say “yes” by phone bidding, they will pay the
your bank, we will send you an “approval to bid” email.
• The deposit and inspection of X-rays, and access to fees listed below even if they determine they “didn’t mean”
the repository are subject to our Repository Terms & Watch for emails in your spam folder. to bid or call it an accident. If you click to bid online, you
Conditions listed on our website. All buyers accept Phone Bidders & Absentee Bidders: Serious buyers only!
are entering a legal binding contract. It doesn’t matter
the Repository terms and conditions when accepting There will be a 2% buyer’s premium fee applied to all whether you bid accidentally or someone else bids for you
these terms and bidding at sale. phone and absentee winning bids. To bid on more than under your account. Same goes for phone bidding. We call
4 horses, you are required to first pay $100 per additional
• Each buyer is encouraged to instruct their registered the number you provide and the person on the other end
veterinarian to inspect the X-rays for each Lot and head to bid. This payment is non-refundable but will be is the bidder and has final say. Bidding and winning but
physically inspect each Lot prior to the purchase applied to your final statement if you purchase a horse.
not paying for the horse will result in fees due for loss of
thereof. As provided in the Standard Conditions of In order to bid, you will need to fill out our phone/ income to both the seller and MM Auction Services, LLC.
Sale contained in the Sales Catalogue and on our absentee bidding form to submit with a copy of your • 10% of the determined sale price to MM Auction
driver’s license. Our clerks will contact you for a form of
website, each Lot purchased is purchased, at the Services for loss of income & distress
fall of the hammer, with all defects and deficiencies, payment to have on file. New bidders need to provide us • $750 nomination fee to the seller for loss of income
latent and patent, subject to the exceptions set out in with their bank contact information, last 4 digits of bank
& distress
the said Standard Terms and Conditions of Sale or account number, and copy of driver’s license. • $1,000 advertising fees to the seller for loss of
announced prior to the auction of a Lot. The Buyer Agent Bidders: Buyer and agent are required to fill out income & distress
the Agent’s Authorization Form and include a copy of
acknowledges that it is his sole responsibility to • $10,000 training fees to the seller for loss of income
determine the quality, accuracy, and completeness of the agent and bidder’s driver’s license. Our clerks will & distress
the sale exam and to obtain independent advice with contact the buyer for a form of payment to have on file. • $3,500 travel fees to the seller for loss of income &
respect thereto from a registered veterinarian. Payment: distress
Bidding: Payment in full is required to be made to MM Auction • Plus the final sale price of the horse and all fees
Bidders have 4 options to bid: onsite, online, phone, or Services immediately following the sale. Onsite bidders
agent bidding. See our “Register to Bid” page on our can pay by credit card, cash or check. A 3% convenience Absolutely no private sales with trainers either prior to the
website to get registered for our next sale. All bidders are fee will be charged if payments are made with a credit sale or after the auction. Trainers have given MM Auction
required to be at least 18 years of age. Online bidders nor or debit card. Online and phone bidders have 2 payment Services, LLC Exclusive Rights for selling the consigned
choices only, credit card (3%) or ACH (.5%). All online horses. All horses brought to the sale are required to go
any pre-bids will not have precedence over floor bids. All
bids are placed to the auctioneer and auctioneer accepts and phone bidders will need to patiently wait for our clerks through the auction ring. Any horses “no sold” in the ring
the ones he sees/hears first. Setting max bids online does to contact you for payment following the sale. Make sure but sold outside are expected to report it to the office.
not guarantee the bidder winning for that amount over a you plan accordingly and notify your bank of the charges. We will leave it up to the integrity of the seller to make
floor bidder. To help avoid this happening, make sure your Be sure to listen carefully when the clerks read your sure this happens and we know that buyers only want to
account information back to you. Any returned e-check purchase from reputable people!
max is truly your max. The highest bidder is the buyer. If
any dispute arises between or among two or more bidders, charges will be accessed a $500 fee and required to wire
sole authority to settle the dispute as he sees fit is reserved the balance same day plus the $500 fee. Any credit card
by the auctioneer and the decisions shall be final. Seller payments declined by the buyer’s bank for any reason will
reserves the right to waive the sale (bids) of his/her horse be assessed a $500 fee and required to wire the balance
same day plus the $500 fee. International bidders have
before it leaves the ring. The auctioneer reserves the right
to reject any or all bids. The auctioneer completes sale of a 2 payment options of credit/debit card (4% convenience
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