With all other specific agreements between the buyer and the seller, the contract should contain statements indicating that the horse is in good health and that it is current with its vaccines and coggins. The seller should also indicate that they are in fact the owner of the horse and that the horse has no pawn rights for sale. The contract should also indicate who is taking the risk of losing or injury to the horse. This agreement is reached on the date of __20_j. If the horse needs to pass a pre-emption test, indicate the name of the veterinarian, the tests that can be included and who pays. Many experts recommend that the pre-emption examination be conducted in court before a horse leaves. In this way, if the horse becomes lame or sick, the problem can be identified before the horse is put in the hands of a buyer. ANATOMY OF THE CONTRACT. The obligation of a pre-emption contract to write in the form of a contract must not be irreproceme legal, but must be written in depth and in easily understandable terms. It is advisable to have a lawyer who is knowledgeable in the horse deal project or at least check and problem-pull the contract.
What happens if the owner of the horse cannot be informed quickly? When it comes to an attempt at pre-emption, it is important to be aware of the most likely problematic areas: from the buyer`s point of view, try to assess more accurately the horse`s suitability before a piece of change is lowered. For the seller, he can close the sale. Besides, what could go wrong? So, horse buyer, you`ve finally found your dream horse! And, horse salesman, you`re about to make the sale you were hoping for. But there is a catch: the potential buyer wants to take the horse for testing.? Hmm…. i. How to treat the horse in case of illness or injury (including veterinarian, fees and notification of the seller), as well as the number paid by the horse and the amount of payment, the horse must die. Finally, if you are dealing with someone who will not sign a written contract, consider it a huge red flag and leave, no matter how much you love the horse. From the horse Jekyll and Hyde, which, in the seller`s yard, seemed to be the model of the horse`s décor, just to become a sacred terror when it arrives in your barn, to the buyer who presents himself as the candidate for holiness, but who turns with your dear horse and turns away with your esteemed horse, of which they will never be heard again, and every intermediate scenario, the pre-purchase processes are faced with potentially serious problems. Q.
What food and dietary supplements should be provided to the horse and who makes them available. G. If insurance is required to cover the value of the horse with liability insurance and who buys it. In addition, in order to protect a seller from the right to guarantee a barn for non-payment of the board of directors by a buyer, it is necessary to clearly state the financial provisions and responsibility for boarding the horse. 1. Sale price /deposit/ payment method/refunds. If you agree to buy the horse after a trial period, the purchase price must be indicated with the payment method (cash check, cash) and when payment is to be made. If the seller requires a security deposit, conditions such as the amount, the application of the deposit to the final sale or how a refund of the deposit should be handled in the event of an unsuccessful lawsuit must be included.