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Auction terms

Auction Terms and Conditions

  1. Each bidder shall be deemed to have taken note of these auction terms and conditions and to have accepted the same. These auction terms and conditions shall therefore automatically be applicable as soon as a bid is made.
  2. The auction is organized by CVOA WOODLAND'S INTERNATIONAL SALES, a cooperative unlimited liability company whose registered office is situated at 2500 Koningshooikt, 5 Bossen.
  3. WOODLAND'S INTERNATIONAL SALES sells young horses in its own name and for its own account and on behalf of and for the account of the sellers whereby WOODLAND'S INTERNATIONAL SALES will act as a mediator.
  4. The auction will be under the supervision of a notary, who will be assisted by Mr Frederik De Backer in his capacity as auctioneer.
  5. The horses shall be auctioned in their condition at the time of the auction. Neither the buyer nor the seller can derive any right from the fact that WOODLAND'S INTERNATIONAL SALES has selected the horses and that the horses were subjected to a veterinary examination at the latter's request. Nor can rights be derived from video images. The results of this veterinary examination can be inspected by the prospective buyers until the start of the auction.
  6. The sale shall be in euros (EUR) and by auction. The horses shall be knocked down to the highest bidder at the fall of the hammer. A bid shall be deemed to be have been made in the highest bidder's private apacity. By bidding, a bidder shall undertake to pay the settlement amount immediately.
  7. The settlement amount shall be due immediately upon the knocking down (cash payment or cheque with bank guarantee). The settlement amount shall consist of the knocking down price plus a 10% surcharge on the knocking down price; this net price may be increased by any applicable VAT on the aforementioned net price. The settlement amount shall be paid not later than 5 days after the end of the auction. The ownership of the horse shall pass to the buyer after the full payment of the settlement amount to WOODLAND'S INTERNATIONAL SALES. WOODLAND'S INTERNATIONAL SALES shall not be responsible for the collection of the settlement amount.
  8. After the knocking down the risk shall pass to the buyer. The buyer and the seller shall, in joint consultation, make arrangements for the delivery which can take place after full payment. WOODLAND'S INTERNATIONAL SALES cannot be held liable for defects shown by the horse (before or after the auction).
  9. The information mentioned in the auction catalogue or shown on the video images is for information purposes only in order to give an impression with regard to the qualities of the horse that is offered. WOODLAND'S INTERNATIONAL SALES has by no means the intention of providing guarantees to the buyer with regard to characteristics, performances and uses. WOODLAND'S INTERNATIONAL SALES shall not be liable for any misprints and/or material mistakes in the auction catalogue.
  10. The notary public shall, in the first and also in the last instance, settle any and all such disputes as may arise during the auction with regard to the auction.
  11. On the eventing of the auction INTERNATIONAL SALES WOODLAND'S will offer the opportunity to insure the horse purchased. It will be possible to choose from several insurances.
  12. The sale shall take place in accordance with Belgian law. In the event of any disputes, only Belgian law shall apply and the Courts of Mechelen shall have exclusive jurisdiction to take cognizance of the disputes. In the event of a dispute, only the Dutch text shall apply.
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