Terms and Conditions Breeding D Shahhar

Auction Terms and Conditions – Breeding (Coverings)

1. Organizer and Purchase Agreement

The European Breeders Trust AG (hereinafter referred to as the “Organizer”) organizes the online and live auction and sells the coverings designated on the website in the name and for the account of the owner of the stallion.
The purchase agreement is concluded exclusively between the seller (owner of the stallion) and the highest bidder.

By placing a bid – online or live – the bidder acknowledges these auction terms and conditions as binding. All information regarding the offered coverings is provided to the best of our knowledge. The Organizer accepts no liability for the accuracy of the information provided. Errors do not entitle the highest bidder to withdraw, as every buyer is given sufficient opportunity to obtain information about the Lot.

2. Bidding Currency

All bids are submitted in euros (€).

3. Bidding Errors and Disputes

The Organizer is not liable for errors during the bidding process.
Any doubts regarding the validity of a bid must be reported immediately. The Organizer may reopen the auction at its own discretion – even after the purchase agreement has already been signed.

Disputes (e.g. identical bids, misunderstandings in the awarding of the bid, technical problems) shall be decided by the Organizer. This decision is final, binding, and does not give rise to any claims for damages or reimbursement of costs.

The auctioneer may reject bids or auction a Lot again. His decision is final and not subject to appeal.

4. Buyer's Withdrawal

If the buyer does not confirm the sale notice or objects to the confirmation of sale, the covering may be auctioned again.
In this case, the original buyer shall be liable for any possible shortfall in proceeds.

5. Purchase Price, Commission and Taxes

The purchase price consists of:

  • the hammer price,

  • a commission of 9%,

  • plus the applicable statutory value-added tax (currently 19%).

No additional fees will be charged by the organizer.
Exemption from value-added tax is possible for:

  • Buyers with a valid EU VAT ID number who can provide proof of intra-Community transport,

  • Buyers with export documents confirming the export of the breeding from the EU.

6. Use of the breeding

Use of the breeding is only permitted after full payment of the purchase price.

In addition, the breeding terms of the respective stallion owner apply, including any additional costs stated therein for shipping or veterinary services. These terms can be viewed on the website for each Lot and are accepted upon submission of a bid.

7. Payment and seller's withdrawal

Payment of the purchase price is due within 10 working days after the award, in cash or by bank transfer.
If the full purchase price is not paid within 4 weeks, the seller is entitled to withdraw from the sale.

In this case, the buyer is liable for all resulting damages and losses, including any possible reduced proceeds.

The organizer is entitled to accept payments and to take legal action in the event of late payment. The organizer shall only be liable in cases of intent or gross negligence.

8. Program changes

The organizer reserves the right to change the course of the auction. This includes in particular the right to combine Lots, auction them separately, or not auction them at all.

9. Choice of law and place of jurisdiction

These auction terms and all claims arising from them shall be governed exclusively by German law.
The place of jurisdiction is Kempten (Allgäu), Germany.

The prevailing party is entitled to claim reasonable attorney's fees and court costs.

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