Page 58 - Ride The Wave Premier Horse Sale – March 29-30, 2024
P. 58

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

                                                             56
   53   54   55   56   57   58   59   60