Terms of the sale are cash, no exceptions. Personal checks are considered cash.  Driver’s license or some other form of identification are required for checks. A letter of credit may be requested. All payment will be in U.S. currency drawn upon accounts at U.S. banks only. Any buyer who stops payment on a check will be prosecuted to the full extent of the law. This sale is conducted in accordance with Montana law, and the venue for all claims is in Yellowstone County, State of Montana. Any claim against Montana Ranch Horse Association, LLC shall first be arbitrated or mediated with a certified mediator or arbitrator, before any claim can be filed in any court. 

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The highest bidder is the buyer. The auctioneer has sole authority to settle any disputes between two or more buyers. The auctioneer reserves the right to reject any and all bids. The auctioneer, announcer, and employee or volunteer help act as agents only for the seller, but assume no responsibility for either buyer or seller.

Every effort has been made to assure correct information in the catalog. However, auctioneer, announcer, employees or volunteers will not assume responsibility for errors or omissions. Inspect any horse that interests you to your satisfaction before you buy. Announced changes in the catalog on sale day to take precedence over printed material. The right to bid or no-sale is reserved to consignors unless otherwise announced at time of sale. 

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Sale management acts a facilitator of the sale only. All responsibilities lie strictly between buyers and sellers. Although a pre-sale screening is done by a veterinarian, Montana Ranch Horse Association LLC makes no guarantee either written or verbal. However, seller represents the horse entered as in reasonably sound conditions with no known physical defects. Any specific guarantees will be noted on sales receipt and announced from the sales block. If buyer’s dissatisfaction is reported before 12 noon Monday April 20, funds for the sellers account will not be distributed until buyer and seller agree on settlement, in writing, to Montana Ranch Horse Association. The sale veterinarian will be the only veterinarian to make soundness decision in order to obtain a refund. This will only apply to problems pre-existing and not to those caused to the horse by the buyer after the sale. 

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Registration papers and transfers will be mailed to the buyer after settlement has cleared the bank. If buyer wants papers sale day, settlement must be in U.S. currency. Montana Ranch Horse Association LLC, auctioneer, vet, employees, relatives, or volunteer help assume no responsibility for accidents. 

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By registering to bid, or bidding, buyer acknowledges that he or she has read these terms and accepts them, wholly, and accepts that any claims against Montana Ranch Horse Association, LLC shall be governed by the laws of the State of Montana, and that the venue shall be Yellowstone County, Montana. By registering or bidding, buyer waives all claims against Montana Ranch Horse Association, LLC for defects or soundness issues in any horses purchased in the REAL Ranch Horse Invitation Sale.