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  • Race Horse Cgl Application 3 Pages 42002doc

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Race Horse Owners & Trainers Commercial General Liability Producer: THE EQUESTRIAN GROUP Number: Policy and/or Renewal #: P.O. BOX 9957 PHOENIX, AZ 85068 (602) 9921570 FAX (602) 9928327 Desired.

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MyRacehorse are pure quality. They don't flood the market. You can tell their horses are carefully selected, very well bred, and they get the optimum opportunity on the track with Australia's best trainers. Also, no chance of becoming over committed as there are no ongoing cost after your purchase.

What is fractional ownership? participant, you'll own 2 percent of a racehorse for roughly five to six months. Since your percentage of ownership is so low, it doesn't require a state horse ownership license. The cost generally ranges from a one time fee of $300–$500.

BUT HOW MUCH DOES IT COST? It's the question we get asked the most – – and here's the answer. Championship quality thoroughbreds cost between $100,000 and $300,000 to purchase and about $45,000 a year in expenses. Of course, buying a thoroughbred is competitive and purchase prices can easily exceed $300,000.

fractional time: Intermediate times recorded in a race, as at the quarter, half, three-quarters, etc. The quarter time, for example, refers to the time after the first quarter-mile, not the first 25 percent of the race.

Consider the following points prior to claiming a horse: Review the jurisdiction's claiming rules. Claiming rules differ from state to state. ... Complete the paperwork. Obtain the proper owner's license. ... Take possession of the horse. Title and risk pass to the new owner immediately upon selection as the successful claim.

Simply put, it's a way to become a racehorse owner at a fraction of the cost. Racehorse syndicators purchase young unraced or tried horses at sales such as Inglis or Magic Millions and advertise their purchases for syndication. Common offerings include 5 and 10 percent shares.

Yes, it is one of the most cost effective ways to become a racehorse owner. Syndicates are an ideal way to give racing enthusiasts the thrill of racehorse ownership for just a fraction of the price. However, as is the nature of sport, there is no guarantee of winning every single time, especially in horse racing.

Fractions in horse racing are the amount of time it takes horses to reach certain milestones within a race or during a period of training, also known as breezing.

All MyRacehorse micro-shares are all-inclusive, meaning there are never any additional investments required. Can I make a profit? Yes. This is an equity investment, you are entitled to not only your share of the race winnings (minus expenses), but also any revenue that is generated post career.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232