Terms & Conditions Of The Sale

• Sale Order: Horses will sell in consecutive catalog order.
• Bidding: Both in person live bidding and online bidding is available. You MUST be registered in the office for a buyer’s number before bidding. Each horse will be sold to the highest bidder, with the exception of reserved prices. The decision of the auctioneer will be final if any questions arise during the sale. The auctioneer also reserves the right to reject any bid.
• Online Bidding: We are offering two forms of online viewing and bidding, bid.SchmittysSaleBarn.com or CattleUSA.com. You MUST register to bid prior to bidding so please don’t wait until sale day to sign up. Horses will not leave the auction companies hands until the horse is paid for in full. Bid.SchmittysSalebarn.com will be responsible for a 2% buyer premium that the platform charges us.
• Buyers Payment: Buyer shall pay for all horses at the conclusion of the sale and shall pay the full price; by one of the following: cash, money order, cashier’s check, or personal check, ACH, or credit card. There is a 4% fee for credit cards. Iowa has a 7% sales tax on all horses unless a tax exempt form is signed, forms will be available in the office. 
• Catalog: Every effort has been made to assure correctness of the catalog, however, the seller, sale management and auctioneer are not responsible for errors or omissions. All statements and corrections announced at the time of the sale shall supersede the catalog. All comments stated in the catalog are as stated from the consignors and not the sale management. Again we have made every effort to assure the catalog is correct. All horses’ heights are approximant. 
• Health: Horses will all have a negative 12 month Coggins Test and Health Certificate. 
• Inspection of Horses: Buyers are responsible for shopping the horses PRIOR to sale time. This includes any scars or blemishes that do not affect the soundness of the horse
• Rideability: It is the buyer’s responsibility to make sure the horse is a good fit.  We are not responsible for your inability to ride the horse.  
• Soundness Guarantee: All horses are guaranteed sound unless stated otherwise from the auction block. We represent and warrant to the buyer the following for 48 hours after being sold the horse is sound of eyes and wind. The horse will hit the ground sound on all 4 feet. The horse is not a cribber and has not been nerved. This soundness guarantee will apply only to horses with problems existing prior to sale time and not to problems caused after the sale by the buyer’s hauling or use of the horse. Soundness does not guarantee pass of a check by your vet following the sale. ALL vet exams should be done PRIOR to buying the horse, NOT after.
• Kyle & Riley Schmitt have the final say over any controversy.
• Neither the Auctioneer, Schmitty’s Sale Barn, any representative thereof, nor their consultants shall be responsible for any liability whatsoever, including, but not limited to, the loss, damage, injury, death, or illness of any horse, person, or property before, during or after the sale.
• Horses are able to stay at sale barn until noon on Sunday. Arrangements for staying later will need to be made at the rate of $15/day.
• No alley trading will be allowed, all horses must go through the sale ring, and all transactions must go through the sale office.