1. 1

   Reserve price and confirmation. If the seller's reserve price is not met, the seller has the right, within 24 hours after the auction ends, to confirm or reject the highest bid or make a counteroffer. If the reserve price is met or exceeded, the highest bid is confirmed automatically and the seller is legally obliged to complete the transaction with the auction winner. If a bid is placed in the final minutes of the auction, the end time may be automatically extended to ensure fair bidding.

2. 2

   Data accuracy. The seller is fully responsible for ensuring that the actual condition, make, model, year of manufacture, operating hours or mileage, configuration and known defects of the machinery match the description.

3. 3

   Technical condition and working order. The seller guarantees that the technical condition and working order stated in the description are true and that all known defects or damage are disclosed. Used machinery is sold in the condition stated in the auction description.

4. 4

   Commission payment. After the auction is confirmed, the buyer must pay the platform commission within 1 business day in accordance with the Price List.

5. 5

   Direct settlement. Settlement for the machinery takes place directly between the buyer and the seller, who separately agree on payment terms and conditions. FARMSTOCK, as an intermediary, is not responsible for the performance of direct settlements.

6. 6

   Removal, transfer of risk and documents. The buyer and seller independently agree on transport arrangements. The winner must remove the machinery within 10 calendar days after the auction closes. Ownership and risk in the machinery pass to the buyer at the moment the machinery is loaded onto the buyer's (or its carrier's) vehicle or handed over. At handover, the seller provides all required accompanying documents (including, where applicable, ownership or registration documents and technical documentation); if these are missing, the buyer may refuse to accept the machinery.

7. 7

   Legal effect and sanctions. Each bid is a legally binding purchase confirmation. If the auction winner unjustifiably refuses to complete the transaction, the commission already paid is not refunded and the Platform is entitled to claim compensation for damages incurred. In cases of gross or repeated violations, the Platform may suspend or block the account in accordance with the Terms of Use (with notice and reason; undisputed amounts are refunded).

8. 8

   Listing exclusivity. During an active auction, the seller is strictly prohibited from simultaneously listing, advertising or offering the same machinery for sale on other platforms, classified portals or social media groups. In case of violation, FARMSTOCK is entitled to cancel the auction, block the seller's account in accordance with the Terms of Use, and apply a contractual penalty of EUR 100, as well as claim compensation for damages incurred.

This is a summary of the key terms. The transaction is fully governed by the Terms of Use.