Terms And Conditions

1. All bidders must register at the sale office. The auctioneer will accept bids ONLY from registered bidders.

2. No horse will be sold for under $2,000.

3. Each horse will be sold to the highest bidder as determined by the auctioneer, whose decision is final and who, along with the sale staff, act as agents for the seller but assume no responsibility for the buyer or the seller.

4. The auctioneer reserves the right to reject any or all bids.

5. All horses sold as is. Right of recourse must be directed to the seller and not to CWHBA or Sale Management.

6. All horses sold must be delivered to the new owner with a halter.

7. A sale by auction is complete when the auctioneer announces its completion by the fall of the hammer or in other customary manner, and until that announcement is made any bidder may retract his bid.

8. Upon the auctioneer declaring the horse as sold, all risk, title, care and responsibility shall pass to the buyer.

9. The right to bid is reserved expressly by and on behalf of the seller and the seller, or any one person on his behalf, may bid at the auction.

10. CWHBA, Olds Agricultural Society, management, employees, and auction staff and volunteers accept no responsibility or liability for injury or damage to persons, horses, or equipment as a result of attending or participating in the auction.

11. Every effort has been made to ensure correctness of this catalogue. However, Sale Management and the auctioneer assume no responsibility for errors or omissions.

12. Prospective buyers will be permitted to ride performance sale horses for tryout, IF the prospective buyer has proper riding footwear and approved safety helmet. In addition, all prospective buyers must register with the sale office and complete a Waiver of Liability before the prospective buyer will be permitted any tryouts. Sale Management and consignors reserve the right to refuse tryouts of any horse to any prospective buyer.

13. Terms of sale are cash and payment in full must be made to the cashier immediately after the sale. Valid personal cheques will be accepted with proper identification (driver's license and major credit card) and/or a standby financial letter of credit from the buyer's bank.

14. GST will be charged on horses sold according to Canadian law.

15. The Sale Management will withhold registration papers until the buyer's cheque clears the bank. At such time, all documents will be processed for transfer to the buyer. The seller will pay all transfer fees, according to Canadian law.

16. Phone bids will be accepted if the following items are provided:
    
    o A standby financial letter of credit from the bidder's bank
    o Driver's license and major credit card information
    o A signed bidder contract
    
    To obtain a phone bidder number, contact Teresa van Bryce at (403) 948-8521, or Jennette Coote at (403) 556-8046 and provide the necessary documentation. To facilitate the necessary paperwork, contact must be made prior to October 1, 2007. Horses purchased via phone bids will be held at a central collection point in Olds until payment is received in full. Hauling and board at the facility will be at the bidder's expense.

17. Should the buyer fail to comply in any respect with all conditions above, the Sale Management may, at its discretion, pursue any remedy available against the defaulting buyer, including, but not limited to, taking possession of the horse(s) and resale of the horse(s) at public auction or by private treaty for account of the defaulter. In such a case, the defaulter shall be liable for any deficit in the account after payment of all costs of maintenance and resale, attorney fees, costs of litigation, and damages available to seller by law.