THIS IS A COMPLETED SALE
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View current listings by this company
American Saddlebred Museum Equine Art Auction
Previous Page Listing ID#: 1525027
Auction Location |
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Lexington, KY 40511 |
Auction Dates and Times |
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Wednesday Jun 14, 2023 Completed Wednesday Jul 12, 2023 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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The Hayes Group Real Estate & Auctions Website: www.ricksellsky.com GoToAuction.com ID#: 3889 View company information and listings |
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Listing Terms and Conditions |
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1. ALL PARTIES TAKE NOTICE. THIS SALE IS CONDUCTED
IN ACCORDANCE WITH, AND ALL PARTIES SHALL BE
GOVERNED BY, THESE CONDITIONS OF SALE.
2. The following are defined terms: ASM American Saddle
Horse Museum, Inc.; Owner the consignor of the property
at the sale; Property the item being sold; Sale the
auction sale of items described in this catalog.
3. ASM is not responsible for the accuracy of the information
provided in this catalogue. It is solely the responsibility of
the Owner to verify the accuracy of such information and
to notify ASM of any corrections prior to Sale. EXCEPT
AS SPECIFICALLY STATED HEREIN, THE PROPERTY
IS SOLD "AS-IS" AND THERE IS NO GUARANTY,
REPRESENTATION OR WARRANTY, EXPRESS OR
IMPLIED, AS TO THE CORRECTNESS OF THE CATALOG,
THE CONDITION, QUALITY OR IMPORTANCE OF THE
PROPERTY, AUTHENTICITY OR AUTHORSHIP, OR
WHETHER THE BUYER ACQUIRES ANY COPYRIGHTS
IN THE PROPERTY. Prospective purchasers should inspect
the Property before bidding for the purpose of making their
own determination of same.
4. If, within fifteen (15) days from the date of the Sale of
any lot, Buyer tenders Property in the same condition as
when sold and it is established beyond a reasonable doubt
that Property is counterfeit, the Sale of such Property will
be rescinded and the original purchase price and any other
amounts paid by Buyer refunded to Buyer. Benefits of this
paragraph are not assignable and inure only to the benefit of
Buyer and not to others who may subsequently acquire an
interest in Property.
5. A premium of ten percent (10%) of the successful bid
price will be added thereto and payable by the Buyer as
part of the total purchase price.
6. The person making the highest bid recognized by
ASM shall be Buyer. This and all risk of loss pertaining
to the Property pass to Buyer at the fall of the hammer.
ASM shall immediately present in-person Buyer with an
Acknowledgment of Purchase for signature of Buyer, who
shall agree to pay the purchase price as set forth herein.
In the event of any bidding dispute, ASM shall forthwith
adjudicate the dispute and its decision shall be final and
binding on all parties. Bids tendered after the fall of the
hammer are not valid grounds for dispute. ASM reserves
the right to reject any or all bids. ASM may, in its discretion,
accept bids by telephone, and via HiBid, but it shall not be
responsible for errors in connection therewith.
7. ASM may withdraw any Property prior to Sale. Unless
announced by ASM, all bids are per lot as numbered in this
catalog.
8. Unless exempted by law, Buyer is required to pay, in
addition to the purchase price and any other charges herein
provided for, all applicable sales taxes.
9. Immediately after Sale, Buyer shall make settlement with
ASM. If not so removed within two (2) days of the Sale, ASM
may store the Property at Buyers risk and expense at a
location chosen by ASM. Unless credit has been extended by ASM to Buyer in advance of the Sale, settlement of
Buyer shall be in U.S. currency, bank check, certified check,
approved credit card or other, whichever is acceptable to
ASM. If Buyer's account is not paid in full within fifteen (15)
days of the Sale, the unpaid balance shall bear a service
charge of two percent (2%) per month from date of Sale until
paid. Buyer grants ASM a security interest in the Property,
its proceeds and products, to secure payment of any unpaid
balance, commission, Buyer's premium, sales tax and any
other amounts Buyer may owe ASM or its affiliates. Buyer
designates ASM as Buyer's attorney-in-fact to take all
action, including execution and filing of financing statements,
to protect and enforce the security interest. Buyer agrees
that ASM shall have all rights and remedies of a Secured
Party pursuant to these Conditions of Sale, the Uniform
Commercial Code or other applicable law.
10. Upon settlement, the Property shall be delivered to
Buyer. The Property shall be promptly removed by Buyer
from the sales facility. If Buyer purchases the Property via
HiBid or phone bid, delivery must be coordinated with ASM
and all packing/shipping charges are the responsibility of
Buyer.
11. ASM shall not be bound by any agreement, written or
oral, varying from these Conditions of Sale unless agreed
on in writing by ASM.
12. Persons purporting to act as agents for a Buyer must
file with ASM an agent's authorization in a form acceptable
to ASM, showing the agency and that Buyer intends to be
bound by the agent's actions. Any person failing to strictly
comply with this requirement shall be personally liable as
Buyer.
13. In no event shall ASM's liability to a Buyer exceed the
purchase price actually paid.
14. The Sale, these Conditions of Sale, and all parties' rights
and obligations with respect thereto shall (a) be governed
by the laws of the State of Kentucky, and, in the event of
a dispute, courts whose districts include Fayette County
shall have exclusive jurisdiction, and (b) be binding upon
all parties, their heirs, personal representatives, successors and assigns.
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