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11 7224:11-7224 10/17/11 12:12 PM Page 1 CONSIGNMENT CONTRACT Fasig-Tipton Kentucky Winter Mixed Sale February 6, 2012, Broodmares, Broodmare Prospects, Yearlings, Horses of Racing Age, Stallions
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How to fill out consignment contract - fasig-tipton

How to fill out a consignment contract - Fasig-Tipton:
01
Begin by reading the contract thoroughly and making sure you understand all the terms and conditions stated within it. This will prevent any misunderstandings or disputes later on.
02
Fill in the relevant personal information required in the contract, such as your name, contact details, and any other requested identification information.
03
Specify the details of the horse or horses being consigned, including the breed, age, gender, and any unique identifying features.
04
Indicate the desired sale date or auction event where you intend to consign the horse. Provide any additional instructions or preferences related to the sale, if applicable.
05
Determine the reserve price for the horse, which is the minimum acceptable bid you are willing to accept. Discuss this with Fasig-Tipton if you're unsure about determining an appropriate reserve price.
06
Decide whether you want to authorize Fasig-Tipton to act as your agent when it comes to making decisions related to the horse, such as accepting or rejecting offers on your behalf. If so, indicate this in the contract.
07
Make note of any special provisions or requirements you have concerning the horse's healthcare, transportation, or other relevant aspects. This could include requests for veterinary examinations, treatment, or specific feeding instructions.
08
Review the consignment fee structure outlined in the contract. Take note of any commission rates or other fees that Fasig-Tipton may charge for their services. Ensure you fully understand how fees will be calculated and deducted from the sale price.
09
Read and acknowledge any liability clauses, indemnification provisions, or insurance requirements mentioned in the contract. Consider consulting an attorney if you have any concerns about these legal aspects.
10
Sign and date the consignment contract, and make sure to keep a copy for your records.
Who needs a consignment contract - Fasig-Tipton?
A consignment contract with Fasig-Tipton is typically necessary for individuals or entities who want to sell their horses through this auction company. This may include horse owners, breeders, trainers, or agents who wish to consign their horses for sale at Fasig-Tipton's auctions. The contract facilitates the legal agreement between the consignor (the seller) and Fasig-Tipton, outlining the terms and conditions for the sale of the horse and the roles and responsibilities of both parties involved.
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What is consignment contract - fasig-tipton?
A consignment contract with Fasig-Tipton is an agreement between a seller and the auction company where the seller agrees to consign a horse or horses for sale at one of Fasig-Tipton's auctions.
Who is required to file consignment contract - fasig-tipton?
Any seller who wishes to consign a horse or horses for sale at a Fasig-Tipton auction is required to file a consignment contract.
How to fill out consignment contract - fasig-tipton?
To fill out a consignment contract with Fasig-Tipton, the seller must provide all necessary information about the horse(s) being consigned, as well as agree to the terms and conditions set forth by the auction company.
What is the purpose of consignment contract - fasig-tipton?
The purpose of a consignment contract with Fasig-Tipton is to establish the terms of the agreement between the seller and the auction company for the consignment and sale of the horse(s).
What information must be reported on consignment contract - fasig-tipton?
The consignment contract with Fasig-Tipton must include detailed information about the horse(s) being consigned, such as pedigree, age, gender, and any known medical or performance history.
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