Sale Terms & Conditions

 

CONDITIONS OF SALE

Yearling Bulls – Should any bull, after reaching the age of 14 months, fail to prove a breeder after being used for a reasonable period of time on cows known to be breeding, the matter shall be reported in writing to the consignor who shall then have the privilege of a reasonable period of time in which to prove the bull a breeder before refunding the purchase price or making other settlement satisfactory to the buyer.  In order to qualify as a breeder, a bull must be able to perform natural service.

Yearling Bulls – Transportation of any animal(s) being returned to the consignor shall be paid by the shipper. The Sale Management acts as an agent only and under no circumstances will it accept financial responsibility between buyer and seller for any health, breeding or other problems that may arise following the Sale.

CONSIGNOR STATEMENTS

All statements have been prepared by the consignor.  The MBTS does not confirm or adopt the statement.

ERRORS

Every attempt has been made to properly describe each lot.  Neither the Management nor the compilers of pedigrees assume any responsibility for errors, which may occur in the Catalogue.

ANNOUNCEMENTS

Any announcements from the auction stand will take precedence over any printed matter.

BIDS

Every animal is pledged to absolute sale (unless withdrawn for just cause prior to being offered for sale), but the Sale Management shall have the right to set a floor price applicable to all animals offered for sale and to reject any bid which it considers irresponsible.  Every animal will be sold to the highest bidder.

DISPUTES

In case of disputes, bidding will be reopened between the parties involved.  If no further bidding is made, the buyer will be the person from whom the auctioneer accepted the last bid.  The auctioneer’s decision in matters will be final.

 PAYMENT

Cash, a satisfactory cheque or credit card (There will be a processing surcharge administered to all credit card payments).  Payment shall be made to the clerk.  Sale and release of the animals will be given only when satisfactory settlement has been made by the buyer.

 CERTIFICATE OF REGISTRY

Yearling Bulls – All animals eligible for registration or recordation are recorded or will be recorded in the Herd Book of the Breed Association.  Transferred registry certificates will be forwarded to the purchaser of each purebred animal.  All transfers will be completed on the day of the sale to the buyer of record.

Replacement Heifers – Only purebred animals specified are eligible for registration. Ownership transfers are the responsibility of the consignor.

RISK

All animals are at the purchaser’s risk as soon as sold.

ACCIDENTS

The Sale Management, the auctioneer, nor the owners of the cattle will in any way be responsible for the condition of the grounds or the behavior of the cattle being sold and disclaim any liability in the event of personal accident or property loss.

COMMISSION FEE

Bulls – A 8.5% selling commission and a transfer cost will be charged to the seller and deducted from his payment.

Heifers – A $100 flat fee will be charged to the seller and deducted from his payment.

 

SALE MANAGED BYMARITIME BEEF TESTING SOCIETY

 

NOTE:***         THE ABOVE TERMS AND CONDITIONS SHALL BE A CONTRACT BETWEEN THE BUYER AND SELLER OF EACH LOT

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