Seller Terms & Conditions

1. Reserves & Bidding: Sellers may set a reserve price. If no reserve is set, all sales are final. Sellers are strongly discouraged from bidding on their own items online, as winning requires payment of a 7.5% online buyer’s premium plus the buyback fee.
2. Equipment Condition: All equipment is sold as-is, where-is, with no warranties or guarantees. FCFBEF assumes no responsibility for the condition of any item sold.
3. Title & Liens: The seller warrants that all consigned equipment is free of liens or encumbrances. For any titled vehicle, the seller must sign the title before the vehicle is accepted for consignment.
4. Loading & Unloading: FCFBEF provides loading and unloading as a courtesy and assumes no liability for injury or damage during these services.
5. Item Removal:

• All items must be removed by Monday, March 17, 2025, at 12:00 p.m. EST.
• Items left beyond this deadline will be moved to an offsite location at a cost of $100 per item, plus $25 per item per day for storage.
• Items unclaimed 30 days post-auction or with accrued storage fees exceeding the hammer price will be disposed of at FCFBEF’s discretion, with no further obligation to the seller.

6. Payment & Seller Proceeds:

• All items must be paid in full by Monday, March 17, 2025, at 5:00 p.m. EST, regardless of pickup date.
• Seller payments will be issued approximately two weeks post-sale.
• If FCFBEF does not receive buyer payment, the seller will not be paid, and the item will be considered a No Sale.

7. Auctioneer has the right to refuse any consignor or items to the sale. 

By consigning equipment, the seller agrees to these terms.

Auction Terms & Conditions

1. Bidder Registration: All bidders must register with a valid ID, name, address, and phone number. Registration constitutes acceptance of these terms.
2. “As-Is, Where-Is” Sales: All items are sold as-is, where-is with no warranties or guarantees. All sales are final. Bidders are responsible for inspecting items before bidding.
3. Item Removal & Storage Fees:

• Items must be removed by 12:00 p.m. EST on Monday, March 18, 2025.
• Late removals are subject to a $100 relocation fee plus $25 per day, per item storage fee.
• Items unclaimed 30 days post-auction or with accrued storage fees exceeding the hammer price will be disposed of at FCFBEF’s discretion, with no further obligation to the buyer.

4. Payment Terms:

• No items may be removed until paid in full.
• A 7.5% buyer’s premium applies to online purchases.
• Accepted payments: Cash, Credit Card, Wire Transfer, Cashier’s Check, Personal Checks, and Company Checks.
• Out-of-state buyers paying by Company or Personal Check must provide a Bank Letter of Credit guaranteeing the amount.
• Credit card payments incur a 4% processing fee. Wire transfers: $65 (domestic), $75 (international).

5. Sales Tax: Purchases are subject to Kentucky sales tax unless a valid exemption permit number is provided. Resale buyers must submit a Resale Certificate upon purchase.
6. Payment Obligations & Legal Fees:

• Buyers must pay invoices in full. Late payments accrue a $25 per day fee.
• Buyer is responsible for attorney fees, collection costs, and other expenses incurred in collecting overdue payments.
• Any disputes shall be litigated in Fayette County, Kentucky.

By participating in the auction, the bidder agrees to these terms.

On site location: Kentucky Horse Park, 4089 Ironworks Pike, Lexington, KY  40511

10% commission- $30 Minimum per lot- $500 Max per lot

$30 Buyback/ No Sale Fee Including tractors

$50 buyback fee/ No Sale Fee for Vehicles & Boats

All titles must be in hand and signed at check- in NO EXECPTIONS or item will not be accepted.