Sale Champions Auction Terms & Conditions
1. Acceptance of Terms
By consigning a horse (“Equine”) with Sale Champions (“Auctioneer”), the Consignor (“You”) agrees to abide by these Terms & Conditions. Submission of the Equine to the auction constitutes acceptance of these terms.
2. Consignor Eligibility
- You warrant that you are the legal owner of the Equine or have express authority to act as the owner’s agent.
- Agents must disclose their status and provide written proof of authorization.
3. Listing Requirements
You agree to provide:
- Accurate Information: Registered name, age, color, pedigree, and registration number.
- Disclosures: Check all applicable boxes for known vices, injuries, or chronic conditions.
- Media: Four (4) high-quality photos and one (1) video showcasing movement (walk/trot/canter).
- Health Records: Current negative Coggins test (within 12 months), vaccination history, and farrier records.
4. Auction Process
- Reserve/No Reserve: Specify if the Equine has a reserve price. If unsold, it may be relisted once at no cost.
- Bidding: Auctioneer (Tommy Williams) reserves the right to reject bids, settle disputes, or withdraw listings for misrepresentation.
- “As-Is” Sale: All sales are final. No warranties (express or implied) are provided by Auctioneer.
5. Commission & Fees
- Seller Commission: 10% of the final sale price, deducted post-sale.
- Agent Commission: If consigning as an agent, you split the 10% commission 50/50 with Sale Champions.
- No Upfront Fees: No listing, advertising, or administrative charges.
- Non-Payment by Buyer: If the buyer defaults, the Equine will be relisted, and original Consignor owes no fees.
6. Payment to Consignor
- Timing: Payment issued via [Insert Method] within 7 business days after buyer’s payment clears.
- Taxes: Consignor is responsible for reporting income.
7. Consignor Warranties
You represent and warrant that:
- The Equine is free of liens, encumbrances, or legal disputes.
- All disclosed information (health, pedigree, soundness) is truthful.
- The Equine has no known current violations of the Horse Protection Act (HPA).
8. Indemnification
Consignor agrees to indemnify and hold harmless Sale Champions, its agents, and Tommy Williams from:
- Claims arising from the Equine’s condition, title, or misrepresentation.
- Violations of HPA or other equine regulations.
9. Media & Marketing Rights
- Sale Champions may use submitted photos/videos for promotional purposes across social media, websites, and ads.
- Consignor grants a non-exclusive, royalty-free license to Auctioneer for marketing. After entry is consigned, Sale of Champions owns copyright of all videos and photos and will be watermarked.
10. Liability Limitations
- Auctioneer is not liable for Equine injury, illness, or death post-listing.
- Maximum liability for Auctioneer is limited to the commission paid.
11. Dispute Resolution
- Disputes governed by Tennessee law.
- Mediation/arbitration required before litigation. Venue: Bedford County, Tennessee.
12. Prohibited Conduct
- Fraudulent listings, undisclosed vices, or false pedigrees result in permanent bans.
- Auctioneer may blacklist Consignors for unethical practices.
13. Termination
Auctioneer may remove any Equine from the auction for:
- Failure to meet health/registration requirements.
- Threats to the auction’s integrity.
14. Amendments
Sale Champions reserves the right to update these terms. Consignors will be notified via email or portal.
Consignor Agreement
Contact:
Sale Champions | 931-492-2825| admin@saleofchampions.com] | 506 Boales Street, Hopkinsville, KY 42240
Licensed by the State of Tennessee | TWHBEA Member
Sale Champions – Where Integrity Meets Opportunity 🐎
