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CONDITIONS OF SALE
CONDITIONS OF SALE
9. Purchasers 9.1
9.4 All certificates referred to in the Catalogue will be available for inspection in the Sales Office prior to the Sale. 9.5 Immediately after the purchase of each Lot, the Purchaser must sign the Acknowledgement of Purchase Form confirming the sales details together with their name, address and other information as required by Goffs. Goffs will subsequently issue an invoice to the Purchaser. 9.6 Subject to 9.9 below, payment must be made in pounds sterling by the Purchaser for each Lot on the day of the Sale and the Lot must be removed by the Purchaser by the close of each day’s sale. Prior to the Sale Goffs may agree to other payment terms at their discretion and may allow the Purchaser to remove the Lot before full payment has been received. In the event that payment is not received under the agreed terms, Goffs will endeavour to collect the debt by whatever means are deemed appropriate. Goffs will not accept payments in cash for any Lot. 9.7 N o Lot will be raced until it has been paid for in full. 9.8 Where a Purchaser bids or
authorisation of agent form has been submitted to and accepted by Goffs, in which case the principal will be solely liable under these Conditions up to the limit specified in that form and both the Purchaser and their principal shall be jointly and severally liable under these Conditions to the extent that the limit is exceeded. 9.9 Where the Purchaser notifies Goffs that a Lot has been bought
have cancelled the Sale, as per Condition 3.8(a), the Lot remains at the Vendor’s risk until the horse is sold. examination under the terms of 4.1 above shall be at the Vendor’s risk for 60 minutes from the fall of the hammer or, if Re-examination is requested, until the completion of the Re-examination. Risk remains with the Vendor if the Lot fails the examination and passes to the Purchaser if/when the Lot passes. 8.3 A ny Lot tested for Prohibited Substances and Methods, or Piroplasmosis under the terms of Condition 5 above shall remain at the Vendor’s risk from the fall of the hammer until the sample has been taken from the Lot when risk passes to the Purchaser. If, a Purchaser elects to return a Lot to the Vendor in accordance with Condition 5, risk will pass back to the Vendor from the point at which the Purchaser’s election is notified to Goffs. 8.4 N otwithstanding the passing of risk in this Condition or delivery of the Lot to the Purchaser, the Vendor shall retain title to the Lot until the full purchase price has been paid to Goffs. 8.5 W here Goffs have paid out the 8.2 A ny Lot Sold Subject to Re-
A ll purchases are subject to 6% buyers’ commission as outlined in Condition 2.1.3. 9.2 Goffs strongly recommend that Purchasers should attend the Sale in person and Purchasers are strongly advised to inspect each Lot prior to purchase. It is the responsibility of the Purchaser to ensure that they are satisfied with the condition of any Lot before bidding. Prospective Purchasers may use a veterinary surgeon of their own choice to check or inspect the condition of any Lot prior to sale provided the consent expressly consents to the form of inspection to take place and it is understood by prospective Purchasers that such consent is entirely at the Vendor’s own discretion. 9.3 All Lots are sold subject to these Goffs Conditions of Sale and are subject to any announcements of the Vendor is obtained in advance, that the Vendor that may be made by the auctioneer. A Vendor may call upon Goffs to amend the Catalogue description at the Sale and it is the Purchaser’s responsibility to ensure they hear any such announcement made by the auctioneer as a consequence. The information on the Goffs notice board, website and announcement boards in the Sales ring is for guidance only and Goffs are not liable for any error or omission from such information.
on behalf of another after the Sale and asks Goffs to invoice that person (the “Nominee”), Goffs (at its absolute discretion) may agree to do so on the basis that the Purchaser and the Nominee will be jointly and severally liable to pay the Purchase Price. The Purchaser’s payment obligations in respect of the relevant Lot will only be discharged in the event that the Nominee has paid the whole of the Purchase Price. However,
where the Nominee pays part of the sum due but the remainder is unpaid, Goffs claim shall be limited to the unpaid sum. 9.10 Where a Vendor and a Purchaser agree to terms not covered by the Conditions of Sale, a copy of that agreement must be lodged
in writing in the Sales Office before the Sale, and approved by Goffs. If no such copy of the agreement is lodged, and any dispute arises as a result of this agreement between the Vendor and the Purchaser, Goffs will demand that the Purchase Price is paid in full in accordance with
buys on behalf of another, the Purchaser must disclose the name and address of their principal when required by Goffs and both the Purchaser and their principal shall be jointly and severally liable under these Conditions unless a valid
Vendor in accordance with 3.9 above,, title of the Lot will vest in Goffs on the same terms as 8.4 above.
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