A Look At Horse Purchase Agreement

By Thomas Parker


Buying a horse requires one to be very committed in process. One should also have enough amount of money to carry out the process. When buying one make sure that you select an animal that meets all your requirements. For security purposes make sure that the transactions and the agreements are clearly written down. Horse Purchase Agreement should be clear and understandable by everyone in the deal so as to avoid the future conflict and if one occurs unintentionally can be solved in the best way possible.

When writing the contract ensure that characteristics of the equine you intend to purchase should be stated clearly. This helps in that if the animal delivered does not meet that requirements as stated, can be returned and the amount paid returned back too. The document is of importance when dealing with conflicts related to the purchase.

Before commencing the process, make sure that you do a thorough research on transactions done previously within the city of Dedham, MA as it helps in knowing what you are likely to expect and what to find out and the rules and the regulations to follow. It also prepares one psychologically on how to negotiate during the time.

The contract written ought to be signed by the parties involved in the process. Before signing the buyer is expected to confirm that the animal one intends to buy has the desired traits. Ensure that the vetting is done to find out any hidden defect with the equine. On cash payments ensure that you receive a receipt to help in keeping the records and for use in case of a conflict.

If a buyer knew that the seller intends to sell the animal through an advert, it is important to retain the medium in which the advert was written. This can be of great importance if there is a dispute that arises in the future and needs to be solved in an orderly manner. The contract should too contain short description of parties involved in process.

It should also state the amount that is paid for the equine. It should also clearly describe the equine as it looks and also make sure that a printed photograph is attached within it. If it is registered, the registration number should be included within the contract. The purpose of purchasing the stallion should too be clearly stated within it. Define clearly whether to be used for, hacking, show jumping, and hunting or for other private purposes.

The seller is required to sign stating that his animal is in good condition and is able to meet the requirements of buyer as clearly stated. The seller should reveal whether there is anything wrong with the animal. In such case, the buyer should ensure and clarify that he or she is willing to accept the animal together with stated defects. This is of great importance to the seller because the equine cannot be returned due to the mentioned problems because the buyer had already agreed to take the animal.

It should state the period when the ownership is transferred to the buyer. Many prefer the transfer of the possession immediately after the transportation to homestead of buyers because anything can happen during the transportation due to minimal experience with buyer.




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