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CONDITIONS OF SALE

CONDITIONS OF SALE – BLUE HORS BROODMARE AUCTION

§ 1

At the auction, Broodmares, Surrogatemares and young mares will be auctioned.

All bids are in EURO.

The Danish Warmblood Society shall not be liable for the health and quality of the animals nor for the information submitted, as The Danish Warmblood Society merely organises the auction.

The Danish Warmblood Society shall not be deemed to be party to the transaction.

§ 2

The mares has been inspected in accordance with the standards of The Danish Veterinary Association, no earlier than 14 days prior to the auction. All pregnant broodmares and surrogatemares are pregnancy-examined max. 7 days before the auction.

Prior to bidding at the auction and with the assistance of own veterinary advisor, the buyer is encouraged to familiarise himself with the contents of the clinical veterinary inspection, which is available at the offices of the auction house and online.

All broodmares and youngmares have been tested for Fragile Foal Syndrome (FFS), and the test result appears on varmblodauktion​.dk.

Any potential claims on the part of the buyer based on terinary circumstances, which ought to have been described in the clinical inspection of the horse with a view to auction, shall be of no consequence to the seller and solely a matter between the buyer and the veterinary carrying out the inspection.

§ 3

On the fall of the hammer, the mare shall be deemed to be transferred to the buyer’s account and risk.

The buyer shall be obliged to take control of the purchased foal immediately on the fall of the hammer.

The mare must be settled and collected no later than 7 days after the hammer blow.

§ 4

All mares are sold as saddled and without any right of complaint.

The mares are sold as an absolute sale and therefore without any right of complaint for the buyer of any kind, apart from illegality.

§ 5

The individual bidding on behalf of another shall become liable as guarantor.

Participation in online bidding requires prior buyer registration. Buyer registration is subject to the provision of name, address, telephone number and e‑mail address. An invoice is issued to the buyer with the data provided by the buyer in connection with buyer registration.

You must not share or disclose your login or passwords to others. Dansk Varmblod is not responsible for losses caused by unauthorized use of your account, nor purchases made in your name, if the purchase is due to lack of protection of your login, passwords, or you have forgotten to log out of your user account at https://​bid​.varmblodauktion​.dk. You are obliged to ensure that others do not have access to your bidding account, e.g. as a result of failure to secure login information. You are liable for any losses resulting from this.

Several individuals bidding in concert shall become jointly liable.

The size of the lowest bid and advance bid shall be fixed by the auctioneer. In the event that, on the fall of the hammer, there is any doubt as to whom is the highest bidder, or in the event that several individuals make simultaneous bids, a new announcement shall be made.

The auctioneer shall settle any disputes arising from the auction.

In the event that the buyer does not comply with the conditions of sale at auction, the auctioneer in charge may decide to put up the foal for auction again. The first buyer shall then be liable to The Danish Warmblood Society and to the seller for any reduction in the auction price, however is not entitled to a potential excess price.

§ 6

The bid plus the auction fee of 10 percent as well as Danish VAT of the purchase price and the costs are invoiced to the buyer and will be sent by e‑mail to the buyer for payment within 3 banking days from the date of issue.

In the event that the purchase price and the costs are not paid in a timely manner, interest shall be calculated and added to the sum due at a yearly rate equivalent to Danmarks Nationalbank’s (“the Danish Central Bank’s”) official rate of discount plus 6 percent, until such time that payment is made.

The sale of Danish horses abroad (to non-EU countries) shall be invoiced inclusive of Danish VAT, as The Danish Warmblood Society cannot be certain that the horse will leave the country within a week. The buyer shall be responsible for applying for a VAT refund from the Danish tax authorities (“SKAT”).

§7
Title in the sold animal shall only transfer to the buyer when payment has been made for the purchase price and the costs of auction.

§ 8

Any dispute arising between the buyer and the seller, the buyer and The Danish Warmblood Society or the seller and The Danish Warmblood Society shall be settled pursuant to Danish law and in accordance with these conditions of sale at auction before the arbitration tribunal of Videncentret for Landbrug, SEGES, Agro Food Park 15, 8200 Aarhus N, Denmark, according to Videncentret’s​”general rules on equine arbitration” unless the parties specifically agree that​”the rules on extended equine arbitration” apply.

§ 9

The Danish Warmblood Society reserves the right to make changes to the event. Any such changes shall be published as early as possible.

Dansk Varmblod / The Danish Warmblood Society