The auction will be broadcasted live on the Internet. By participating
in the bidding procedure in electronic form, the prospective buyers
present at the event and additionally those not present at the event
location are granted the opportunity to participate in the bidding
procedure in real-time in electronic form (Onlive). Participation in the
bidding procedure in the onlive procedure is not an online auction in
the legal sense. Accordingly, the purchase contract is concluded by
the auctioneer‘s acceptance of the bid at the venu.
III. The knock-down prices are net prices plus VAT.
IV. In case there are several biddings on hand, the auction management
will decide on who receives the knock-down; it can be decided
by batch or by allocation.
In case there are differences of opinion arising concerning a knockdown,
which must be declared straight away, the bidding may be
restarted by decision of the auction management. This can also be
done, even though a sales slip has been signed already.
H. Invoice and Payment
I. The knock-down prices are net prices. The buyer must pay a commission
fee of 6 % of the knock-down price for each horse together
with the purchasing price, as well as the statutory VAT.
Furthermore, the insurances fee (service and insurance premium),
that is closely explained in this catalogue, amount of 1.5 % of the
knock-down price and has to be paid by the buyer as well as the commission
fee and the statutory VAT. With the conclusion of the sales
contract, the buyer authorises the Westfälisches Pferdestammbuch
e.V. to close this insurance in his name and at his expense.
The buyer receives an invoice by the Westfälisches Pferdestammbuch
e.V. that consists of the following assests:
Knock down price
+ 6 % commission charge of knock down price
= net price
+ VAT (currently 16 %)
+ 1.5 % insurance costs (service feature and insurance premium)
+ VAT (currently 16 %)
= invoiced amount (after fees and taxes)
II. The Westfälisches Pferdestammbuch e.V. is authorized to accept
the payments by the buyer in its own name, but on account for the
Buyers residing or located in non-EU countries can have VAT reimbursed
if the horses are moved directly after purchase into the foreign
country. The required booking and receipt verifications have to
be handed in to the association.
Buyers residing or located in other EU countries pay the legal German
VAT (currently 16 %). The VAT can be reimbursed, if the buyer
can hand-in the turnover tax identification number to the association,
that they purchased the animal for their company and that they
export the horse immediately after purchase. If the buyer with residence
or location in an EU-country is not an entrepreneur by law, it
may be necessary in individual cases to account the VAT lawfully valid
in that location. In this case, the buyer is obliged to issue that amount
additionally. The buyer with residence or location in EU-countries is
required to inform the Westfälisches Pferdestammbuch e.V. unasked
about possible acquisition thresholds and discharges the Westfälisches
Pferdestammbuch e.V. of any liability for damages, that result
from omitted or inapplicable information.
Horses may be transported within EU countries , if they received officiary
veterinarian traces (Guidelines 2009/ 156 EG). The issuance of
the traces by the responsible officiary vetenarian will be arranged by
the Westfälisches Pferdestammbuch e.V., if the buyer informs us at
least two days before the planned loading and hands in an official
transport plan. The cost for these legally required traces will be generally
estimated with 100.00 Euros plus VAT and invoiced to the buyer.
The cost for exporting horses into non-EU countries will be charged
according to expenditure to the buyer.
III. The purchase price must be paid immediately after the knockdown.
At the pay desk in the auctioneer’s office the invoiced amount must
be paid in cash or via checks or have to be balanced via bank transfer
instantly. The acceptance of cash is limited to an amount up to
The ownership only changes after the payment has been balanced
in full by the buyer; in case the payment has been issued via check,
ownership changes once the check has been encashed. A check order
stop is excluded, even if there is a complaint of any kind of the horse.
The right of retention because of the settlement amount is barred.
Same applies for compensations with counterclaims, except when
these are lawful and unquestioned.
I. If the horse/licensed stallion remains at the Westfälisches Pferdezentrum
for any reasons, the buyer is required to conclude a respec-
Terms and Conditions