II. A prerequisite for collecting the foal is that it has been examined by an equine veterinary surgeon commissioned by the seller and has been declared free from defects. As far as possible the purchaser should be present during the veterinary examination. In the event that the purchaser is prevented for any reason, a veterinary certificate stating the result and findings of the examination must be submitted to the purchaser immediately.
III. With the foal declared free from defects and ready for collection, passing of risk to the purchaser will be effected. Provided that the purchaser is a consumer, passing of risk is effected by delivery to the purchaser.
IV. A foal declared ready for collection which is not immediately collected, will incur livery costs at 5 euros per day payable to the seller/exhibitor by the purchaser. The purchaser must be noti ed of these costs beforehand.
V. If a foal has been purchased by several persons jointly, these persons share the liabilities arising from the purchase at auction (purchasing price, collecting, etc) towards the seller/exhibitor as joint and several debtors. Moreover, the purchasers are considered as joint creditors regarding their claims arising from the auction transaction, entitling the seller/exhibitor to deliver to any of the purchasers.
For all foals to be put up to auction the Holsteiner Verband Vermarktungs- und Auktions GmbH, Elmshorn, has arranged an obligatory insurance with the Vereinigte Tierversicherung (VTV) based on the following conditions:
1. Insurance coverage takes effect with the knock-down.
2. Insurance coverage of the foal expires after twelve
weeks (at the earliest upon the foal completing six months of age) with the insurance amount correlating to the total amount due by the purchaser.
III. The shipping of the foal to the rst purchaser’s stable is included within the insurance period.
IV. The indemnity to be granted is 80 % of the particular insurance sum (up to max. 30.000 euros) minus possible realisation proceeds. In the case of damage the Holsteiner Verband Vermarktungs- und Auktions GmbH, Elmshorn, and the insurance company (VTV) must be informed without delay.
V. For detailed terms and conditions we refer to the information given by the VTV in the sub-menu insurance foal