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Please read and understand these conditions prior to bidding on any horse in our auction. Conditions of Sale 1. All horses offered at auction are offered in accordance with the laws of the State of Oklahoma, and the laws of the State of Oklahoma shall govern all transactions related to this auction. 2. Each horse offered in this sale will be sold "AS IS", with all faults, conditions and defects, if any. Horses sold shall be without warranty, expressed or implied, as to soundness, condition, merchantability, or fitness for any particular purpose. 3. Every effort has been made to ascertain correct information, and to print the same in the Sale Catalog; however, Sales Management neither assumes nor accepts responsibility for errors, omissions, or misstatements contained in the Sale Catalog. Announcements at the time of auction will take precedence over material contained in the catalog. 4. The auction sale is "an auction with reserve", that is, the owner shall have the right to establish a reserve, a price under which the horses will not be sold. The reserves in this auction are noted for each horse as the opening bid. 5. Horses shall be sold to the highest bidder, subject to condition number 4. In the event any dispute arises between or among two or more bidders, the Seller shall have the sole authority and right to settle the dispute, as determined in the sole discretion of the seller and their decision shall be final and binding on all parties. Bids received after the close of the auction are not a basis for dispute. The Seller reserves the right to reject any and all bids. Information and/or references may be requested upon receipt of bids. 6. Upon the winning bid, risk of loss and responsibility for the horse shall be upon the buyer. 7. Buyer agrees to issue payment to the seller within 24 hours following the conclusion of the auction sale. If a personal check, cashiers check or money order is to be mailed, the seller must be notified of such within 24 hours of the conclusion of the auction sale. 8. Buyer agrees to hold the seller harmless from all losses, costs and expense, having to do with or rising from illness, injury or death of any animal offered or purchased, and any loss or damage to property and injury to persons, including death, caused by buyer, buyers agents, representatives or employees, or by the animal, following buyers purchase of an animal. 9. American buyers will be responsible for purchasing coggins/health papers for any horse that sells for $500 or less, unless noted otherwise in the horse description. International buyers will be responsible for the coggins, International health papers, quarantine and shipping costs on ANY horse purchased. 10. Notwithstanding, delivery of the horse purchased to buyer, Sales Management will retain all registration papers and transfers until payments have been verified, i.e. checks have cleared buyer’s bank, etc. Upon verification of payment, registration papers, along with properly executed transfer of ownership reports, and any other pertinent documents related to the animal purchased shall be prepared and mailed to the buyer. 11. All purchases shall be in the form of U.S. currency, cashier’s check, personal check, money order or credit cards through paypal. ALL BUYERS AND PROSPECTIVE BUYERS MUST ESTABLISH BUYER IDENTIFICATION PRIOR TO SALE. Paypal purchases will incur a 3% service fee. Personal checks will require us to hold papers until the checks clear. 12. Buyers who fail in any respect whatsoever to pay for horses within 5 days from conclusion of sale, as provided in the Conditions of Sale and/or settlement procedures, shall be declared in default. Any horse, for which full and complete settlement is not made within 5 days from conclusion of sale, may be re-sold without notice to buyer, and the cost of re-sale will be the buyers responsibility. 13. Horses may remain at the seller's farm for a period of two weeks while pickup arrangements are made. After that period, or a period agreed upon by the seller and the buyer, boarding fees will be charged. These fees will be established by the seller and should be considered prior to bidding on any any animal in the sale. 14. Seller has the right to substitute horses as needed, without prior notification. 15. Seller has the right to sell any horse prior to the close of the auction, granted no bids have been received for said horse. If you are interested in buying any horse outright please contact Sales Management. 16. Sale will run from November 20th to December 3rd ending at 7pm CST. Transport & Quarantine Suggestions |