Terms & Conditions
TERMS: A Buyer’s Premium of 10% is added to the high bid. Please take this into consideration when bidding. All bidding and payments are in U.S. Dollars. Accepted payment forms are: Corporate or personal check, cashier’s check, money order, Visa, Master Card, and Discover - all immediately negotiable. 5% Credit Card convenience charge will be placed on all credit card purchases. All payments are to be made to Sheridan Realty & Auction Co. - and sent to: 740 S. Cedar St., Mason, MI 48854. Late fees are subject to a 15% finance charge after the seventh day. A fee of $50 will be assessed on all late payments or returned checks, and the bidder will be denied access to future auctions. Payments by credit card must be called in to the office at the conclusion of the sale - Sheridan Realty & Auction Co. (517) 676-9800 to complete this process by phone.
CONDITIONS: Any person placing bids in a specific auction agrees to these terms and conditions and understands that, by placing bids, they are entering into a binding contract between themselves and the seller(s) and that they will be held financially responsible for their actions. Sheridan Realty & Auction Co. acts as an agent between buyer and seller and may not be held responsible for any livestock merchandise. It is clear that Sheridan Realty & Auction Co. and representatives act only as a means between buyer and seller, and may not be held liable, financially, or otherwise, for any failure on the part of the same to fulfill any obligations set forth in the sale or for the truths of any warranties expressed or implied. The information stated in the catalog has been prepared by sale management from the information provided by the seller(s) and is assumed to be fully accurate as presented to us.
Sheridan Realty & Auction Co. and their representatives are Exclusive Agents of the Seller(s). Auctioneers and sales agents reserve the right to negotiate final sales price on behalf of the seller, or bid on behalf of the seller, if necessary. All sales are subject to seller approval.
INVOICING: An invoice with payment instructions will be sent to new buyer registered by e-mail at the close of bidding and sale. If you do not receive invoice by e-mail immediately following the close of the auction, please contact us at (517) 676-9800. Failure to complete the payment terms as stated above will result in forfeiture of animals purchased and immediately reported to the Credit Bureau. Be sure you are capable of paying immediately and realize your bids are not based on financing. Sheridan Realty & Auction Co. reserves the right to charge the entire purchase price and late fees to the credit card on file if payment is not made in the seven days after the close of the auction.
Buyer will be responsible for all costs of transferring registration papers on horses.
TRUCKING: All horses sell F.O.B. their current location, all transportation and board costs after auction day shall be the expense of the buyer. Each buyer is responsible for making their own trucking arrangements. Trucking arrangements need to be made prior to or immediately following the sale. NO animal(s) will be released until payment is made in full.
HEALTH PAPERS: Furnished upon request for each animal. Any exportable animal(s) will need special testing and will be at buyer’s expense unless otherwise discussed with seller.
LIABILITY: Sheridan Realty & Auction Co. is not responsible for injury or accidents. Animal(s) become property of the new buyer when sold. Following the auction, we strongly recommend that all new owners take out mortality insurance on their purchases. Sheridan Realty & Auction Co. nor seller cannot be held responsible for the health or condition of animals after the conclusion of animal(s) being sold. Sheridan Realty & Auction Co. assumes no liability for accidents or injuries that occur.
BIDDING PLATFORM: All Sheridan Realty & Auction Co. Online Only Auctions are timed events that have an auto-extend feature. Any bid placed on an item within 5 minutes of the auction ending will automatically extend the auction for 5 minutes on that item. Example: If an auction scheduled to end at 6:00 pm receives a bid at 5:59 pm, the close time of the auction automatically extends to 6:05 pm. The auto-extend feature remains active on a per-item basis until no further bids are received within the 5 minute time frame.