TERMS & CONDITIONS 1. The Sales management acts only as an agent. ALL RESPONSIBILITY AND GUARANTEES ARE BETWEEN BUYER AND SELLER. 2.The highest bidder will be the buyer, and if dispute arises between two or more bidders, the horse in dispute shall immediately be put up again for advance bids. If there be no advance bids, the horse shall go to the person from whom the auctioneer recognized the last bid. The auctioneer will decline any bid made by parties who have defaulted in former purchases, or by persons who, in his judgment, are not responsible bidders. 3. Terms of sale are cash and payment in full is to be made to the cashier immediately after the sale. 4. Upon receiving payment for a horse, the cashier will issue an order to obtain delivery. Buyers are cautioned not to lose these orders. Buyers assume all expenses and risks on horses after they have left the auction ring. Buyers must make arrangements with the sale company for care of stock until it can be removed. 5. Upon failure of compliance with any of the above conditions, the lot shall be resold by public or private sale, and the deficiency (if any) attending such resale shall be made good by the defaulter immediately. 6. If any person shall purchase a lot and not pay for it as prescribed above, nothing shall prevent the auctioneer or the owner from compelling the purchaser to pay for it if the auctioneer or seller shall so deem fit. 7. Every effort has been made to ensure correctness of the catalog but the sales management and auctioneer are not responsible for errors or omissions, and assume no liability on its part or on the part of the seller as to any statements, either verbal or written, regarding horses sold. 8. All known defects will be announced before each horse is started. Every horse will be sold under this rule. Therefore, no horse can be rejected by buyer when struck off by auctioneer. The seller guarantees all mares were bred to stallions as indicated in the catalog. We believe them to be in foal, but are selling them as they are and without return privileges, unless otherwise specified. 9. Immediately after the horse is sold, it will be the sole risk and responsibility of the buyer thereof, but possession of the horse cannot be obtained by him until payment in full has been made. 10. Buyers and spectators are cautioned to be careful while on the grounds and particularly while horses are being shown in the ring. The management cannot be responsible for any accidents. 11. Consignors are reminded to bring registration papers, breeding certificates, signed transfers and coggins tests the day of the sale. They should be turned in to the office before the sale. 12. REGISTRATION PAPERS WILL BE GIVEN TO THE BUYER AS SOON AS CHECKS HAVE CLEARED. PAPERS WILL BE ISSUED ON CASH, CERTIFIED CHECKS, OR MONEY ORDERS. BUYER'S RESPONSIBILITY BUYER'S RESPONSIBILITY The Buyer has a responsibility to examine a horse carefully before they bid on it. If you have any particular concerns about conformation faults or defects, size, attitude, stall manners, riding ability or anything else, check it out BEFORE you bid. If you buy a horse on impulse, without shopping it before you bid, you may expect to find some surprises. In that case you still own the horse. The seller is not responsible for you, if you don't shop the horse. Once you bid on a horse, you are indicating you have shopped enough to satisfy yourself and no one else is responsible. WHILE USTA BELIEVES THAT INFORMATION PROVIDED HEREINTO IS FORMATTED WITH A REASONABLE STANDARD OF CARE, USTA MAKES NO REPRESENTATION OR WARRANTY EXPRESS OR IMPLIED INCLUDING THOSE OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AS TO ANY MATTER WHATSOEVER INCLUDING, BUT NOT LIMITED TO THE ACCURACY OR PERFORMANCE OF ANY INFORMATION, PRODUCT, PROGRAM, OR SERVICE FURNISHED AND/OR PURCHASED HEREUNDER AND IS PROVIDED ON AN   “AS IS” BASIS. The recipient understands that with multiple processing of complex data, and with reliance upon information acquired from multiple sources, errors and omissions can and do occur despite reasonable efforts to avoid them, and USTA and Minnesota Standardbred Sales expressly disclaims any responsibility or liability for any loss or any special, indirect or consequential damages resulting to from errors or omissions in the USTA Data Base.