Canada: Bid Deposit and Payment Information

Payment Terms

• All payments must be made in CAD ($).

• With the exception of on-farm auctions, each purchased Lot will be subject to a transaction fee of: (a) 15% on all Lots selling for CAD 5,000 or less, with a minimum fee of CAD 100 per Lot, (b) 10% on all Lots selling for over CAD 5,000 up to and including CAD 12,000, with a minimum fee of CAD 750 per Lot, (c) 4.85% on all Lots selling for over CAD 12,000 up to CAD 75,000, with a minimum fee of CAD 1,200 per Lot or, (d) CAD 3,638 on all Lots selling for over CAD 75,000. For on-farm auctions, regardless of whether you are bidding online or in person, each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for CAD 12,000 or less, (b) 3.85% on all Lots selling for over CAD 12,000 up to CAD 40,000, with a minimum fee of CAD 1,200 per Lot or, (c) CAD 1,540 on all Lots selling for over CAD 40,000.

• Lots must be paid in full within seven (7) days of the end of the auction.

• NOTE: Purchases cannot be removed from the auction site or collected until paid for in full. If paid for with non-certified funds, items will not be released until non-certified funds clear our bank. This policy will be strictly enforced.