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When Should I Use a Horse Bill of Sale? Anytime you plan on selling, buying, or transferring ownership of a horse from one person to another, you will need a Horse Bill of Sale. This sales document is important in detailing everything related to the purchase and transfer. This is a legally binding document.
When you buy or sell a horse, get written confirmation that the horse has been sold and that the title has transferred. Insist on a Bill of Sale and keep a copy of the document. Transfer the registration papers, or specify in the sale agreement if the horse is not being sold with papers.
These include a purchase receipt, your historic bills from vets or farriers and old insurance documents. In an ideal world, when you buy a horse, both parties should sign a contract.
Preparing to Lease Out Your HorseDecide How Many Days the Lease Is For.Determine What Experience the Rider Needs.Decide on the Lease Price.Decide on the Lessee's Responsibilities.Determine Any Limitations.Draw Up a Contract.
Specific details that you may want to include in the Horse Lease Agreement are:A description of your horse and its estimated value.Contact information for the renter.How payment will be made.What the start and end dates are.Who will be financially responsible for veterinary care.More items...