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Ask @holsteinerverband : What is the cancellation policy, if there is one, after the sale?

Ask @holsteinerverband : What is the cancellation policy, if there is one, after the sale?
Dear Emily,
In the event that a horse is not sold at auction, costs for training, advertising, and health checks must be born by the exhibitor/owner.

Désirée from the Holsteiner Verband