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It is not uncommon for a horse to have more than one, or many simultaneous owners. Racing of the Horse as a whole for their mutual benefit (Co-Ownership). 1.2.Part Ownership of a Horse. A written co-ownership agreement is essential when partnering with another person or persons to buy a horse. Shared Ownership "Honestly, I don't think I would have a horse again if I couldn't share it with someone," says Nancy Chin of Santa Cruz, Calif. Agreed though have EVERYTHING out in writing. And yes, ensure that either party can afford full upkeep in the event that something goes wrong. This is a shared ownership agreement for a sport horse, where one of the owners is a competition rider, and the other a financial backer. Seller and Buyer expressly acknowledge that this conveyance creates a co-ownership in the Horse.
