Page 50 - Best of Texas Premier Horse Sale – Aug. 24, 2024

Sale Terms & Conditions

Soundness Exam & X-rays to reject any or all bids. The auctioneer completes sale of a agreeing that they can process the full payment due through
Trainers are required to provide a sale exam including horse at the fall of the gavel. We reserve the right to refuse the account information you provide them whether it’s
images. X-rays required consist of AP and Lateral bidding to anyone. Anyone can/will be asked to leave or done online, via phone, or face to face. By making payment,
radiographs of the navicular as well as Skyline Navicular banned from bidding if problems arise. you acknowledge that you waive the right for a return of
views and oblique views of the hocks. Stallions selling as • International Bidders: Register onsite, online, horse(s) along with any and all refunds of monies paid,
a breeding stallion are required to provide verification of or by phone. A letter from your bank is required etc. in conjunction with any purchases at this sale/auction
fertility with a semen evaluation. to be an approved bidder. Email a letter on your from MM Auction Services, LLC. MM Auction Services
• Buyers understand that if they want additional images bank’s letterhead stating you bank with them and is a pass-through agency and does not hold funds for
of horses or a sale exam of their own, they will have all accounts are in good standing. Email to info@ guarantees, returns or refunds of monies paid on animals
those done ahead of sale time at buyers’ expense. mmauctionservices.com. purchased at auction. All buyers agree to not place any kind
• All horses selling at Premier Horse Sales are required • Onsite Bidders: Register at the sale office anytime of charge back on any payment made towards the purchase
to have a sale soundness exam done by a licensed by bringing your driver’s license and credit card as a of a horse. All buyers agree to pay $100/day late fee for any
veterinarian in order to sell. form of payment to have on file whether you plan to reason their invoice is not paid directly following the sale
• Sale exams can be done as early as 6 months before pay this way or not. same day or by wire transfer Monday following the sale.
sale day but no sooner and will be posted on our • Online Bidders: Online Bidding is provided by Any buyers that ask to hold checks for any reason, will be
website at least 1 month prior to sale day if not our company, MM Auction Services, LLC. Go to charged $100/day fee in order for us to do so.
sooner. Premieronlinesales.com and you can find it under
• Some trainers will include extra x-rays as well but it’s current auctions at that link. Click on “Buyer Buyers Guarantee:
not required. If buyers want more than the required Resources” to get started or call with questions. Buyer’s guarantee to not request x-rays, vet exams, or any
sale exam & images, they are required to get it done There will be a 1% online buyers fee applied to all images or content from any vet after purchasing a horse.
before the sale at their expense. An onsite vet is online winning bids. You’ll need to create an account Bidders guarantee to get all exams and images needed from
provided at almost all sales to assist with requests with our online platform first. Once we have verified a vet prior to bidding or registering for this sale allowing
the day before the sale. your accounts with your bank, we will send you an them to have the confidence prior to the horse selling in
• X-rays are viewable on our website as early as 3 “approval to bid” email. Watch for emails in your order to bid. Bidders guarantee that when they click to bid
months before sale day up to sale day and then the spam folder. online or say “yes” by phone bidding, they will pay the fees
system automatically deletes them when the gavel • Phone Bidders: Serious buyers only! There will be listed below even if they determine they “didn’t mean” to
drops. We do not keep x-rays past sale day. a 2% buyer’s premium fee applied to all phone and bid or call it an accident. If you click to bid online, you are
• The deposit and inspection of X-rays, and access to absentee winning bids. To bid on more than 4 horses, entering a legal binding contract. It doesn’t matter whether
the repository are subject to our Repository Terms & you are required to first pay $100 per additional you bid accidentally or someone else bids for you under
Conditions listed on our website. All buyers accept head to bid. This payment is non-refundable but will your account. Same goes for phone or priority bidding. We
the Repository terms and conditions when accepting be applied to your final statement if you purchase call the number you provide and the person on the other end
these terms and bidding at sale. a horse. In order to bid, you will need to fill out our is the bidder and has final say. Bidding and winning but not
• Each buyer is encouraged to instruct their registered phone/absentee bidding form to submit with a copy paying for the horse will result in fees due for loss of income
veterinarian to inspect the X-rays for each Lot and of your driver’s license. Our clerks will contact you for to both the seller and MM Auction Services, LLC.
physically inspect each Lot prior to the purchase a form of payment to have on file. New bidders need • 10% of the determined sale price to MM Auction
thereof. As provided in the Standard Conditions of to provide us with their bank contact information, and Services for loss of income
Sale contained in the Sales Catalogue and on our last 4 digits of bank account number on the form. • $750 nomination fee to the seller for loss of income
website, each Lot purchased is purchased, at the • Priority Bidders: NO buyer’s premium and for serious • $1,000 advertising fees to the seller for loss of
fall of the hammer, with all defects and deficiencies, buyers only. This is for bidders that are planning on income
latent and patent, subject to the exceptions set out spending our last sale average amount or more. One • $10,000 training fees to the seller for loss of income
in the said Standard Terms and Conditions of Sale or of our bidding representatives will bid on your behalf. • $3,500 travel fees to the seller for loss of income
announced prior to the auction of a Lot. The Buyer In order to bid, you will need to fill out our priority • Plus the final sale price of the horse and all fees
acknowledges that it is his sole responsibility to bidding form to submit with a copy of your driver’s
determine the quality, accuracy and completeness of license. Our clerks will contact you for a form of Absolutely no private sales with trainers either prior to the
the sale exam and to obtain independent advice with payment to have on file. New bidders need to provide sale or after the auction. Trainers have given MM Auction
respect thereto from a registered veterinarian. us with their bank contact information, and last 4 Services, LLC Exclusive Rights for selling the consigned
digits of bank account number on the form. horses. All horses brought to the sale are required to go
Bidding: • Agent Bidders: These bidders are in person at the through the auction ring. Any horses “no sold” in the ring
Bidders have 5 options to bid: onsite, online, phone, priority, sale. Buyer and agent are required to fill out the but sold outside are expected to report it to the office. We
or agent bidding. See our “Register to Bid” page on our Agent’s Authorization Form and include a copy of the will leave it up to the integrity of the seller to make sure this
website to get registered for our next sale. All bidders are agent and bidder’s driver’s license. Our clerks will happens and we know that buyers only want to purchase
required to be at least 18 years of age. Online bidders nor contact the buyer for a form of payment to have on from reputable people!
any pre-bids will not have precedence over floor bids. All file.
bids are placed to the auctioneer and auctioneer accepts Seller’s Guarantee:
the ones he sees/hears first. Setting max bids online does Payment: Based upon representations made solely by the horse seller,
not guarantee the bidder winning for that amount over a Payment in full is required to be made to MM Auction all horses consigned have passed both our sifting processes
floor bidder. To help avoid this happening, make sure your Services immediately after the sale by credit card, cash, prior to the sale. All horses are sold guaranteed sound by
max is truly your max. The highest bidder is the buyer. If check, or wire transfer. International purchases are payable the seller only that at the time of sale the horse was sound
any dispute arises between or among two or more bidders, only by credit/debit card or wire transfer. A 3% convenience of limb, wind, and eye unless other announcements are
sole authority to settle the dispute as he sees fit is reserved fee will be charged if payments are made with a credit or made from the auction block. This soundness guarantee
by the auctioneer and the decisions shall be final. Seller debit card (4% international). No fee for paying with cash, shall be exclusively between buyer and seller only and does
reserves the right to waive the sale (bids) of his/her horse check, or wire transfer. By providing MM Auction Services not include any other persons. Buyer understands and
before it leaves the ring. The auctioneer reserves the right your credit card information to process payments, you are agrees that MM Auction Services is not responsible
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