Buyers – General Terms and Conditions
1. Payment Methods: Acceptable payment methods for this sale include Cash, Zelle, PayPal transfer, and debit cards. All payments are treated as cash equivalents. Please note that debit and some PayPal transfers may incur additional processing fees. It is highly recommended for buyers to pre-coordinate with their banks for smooth transactions, especially due to potential transaction limits. No checks will be accepted. All financial settlements must be completed on the sale day.
2. Horse Examination: Before making a purchase, buyers are strongly advised to inspect horses meticulously. All horses are offered on an “As-Is, Where-Is” basis, with no warranties provided by the auction house. Specific guarantees may be given solely by the owner or their representative. Any disputes regarding such guarantees should be settled directly with the horse owner, not through Murphy’s Livestock Auction. For clarification, the auction will be recorded and can be referenced in case of disagreements.
3. Auction House’s Disclaimer: The auction house, its staff, and auctioneers are not liable for errors or omissions in the provided information, be it verbal or written.
4. Auctioneer Announcements: Buyers must heed the auctioneer’s announcements during the sale, as they hold precedence over any prior written or printed information.
5. Registration for Bidding: Prospective buyers must register at the office, present a government-issued photo ID, and obtain a buyer’s number before engaging in bidding. Registration requires a $100 cash deposit, which is refundable exclusively on the auction day.
6. Seller Guarantees: The onus of providing any guarantees lies solely with the sellers.
7. Remote Bidding: In-house remote bidding, when available, is facilitated by the auction. It is advisable for bidders to personally attend the preview for a comprehensive understanding of our unique process.
8. Bidding Disputes: In the event of any disputes between bidders, the Auctioneer’s decision is final and binding.
9. Ownership Transition: Upon the auctioneer’s declaration of a sale, the buyer assumes full responsibility and risk for the purchased horse.
10. Payment and Horse Release: A release from the office is contingent on the receipt of full payment.
11. Horse Pick-Up: Buyers can collect their horses either on the auction day or the subsequent Sunday during specified hours. Horses retained beyond these hours will incur yardage fees. Alternate pick-up schedules can be arranged with the office.
12. Auction Process and Safety: All horses must be paraded through the auction arena, and all financial transactions should be processed through the sales office. The auction house assigns specific hip numbers and stall assignments. Attendees should exercise caution around animals and are responsible for their safety. Unmentioned aspects in these “Terms and Conditions” will align with standard practices of professional auction companies.