Horse Racing Syndicate Contract With Us In Bronx

Category:
State:
Multi-State
County:
Bronx
Control #:
US-00039DR
Format:
Word; 
Rich Text
Instant download

Description

The Horse Racing Syndicate Contract with us in Bronx is a detailed agreement designed for individuals or entities considering fractional ownership of a thoroughbred stallion. It allows the initial owners to divide ownership into equal fractional interests, enabling members to collectively own the stallion without forming a traditional partnership. Key features include clearly defined rights and obligations of members, provisions for the syndicate manager's role, and transferability of fractional interests. Users of this form will find it useful to understand kinship dynamics, such as management responsibilities, financial obligations, and how to navigate breeding nominations. Filling out this contract involves detailing member information, the fraction of ownership, and establishing the syndicate structure. The document also caters to various specific needs—such as compliance with tax regulations, transfer protocols, and operational management—making it relevant for attorneys, owners, paralegals, and assistants engaged in horse racing and breeding enterprises.
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  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement

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FAQ

Syndication refers to a co-ownership of a horse, also known as a “co-ownership agreement” when made between two or more people. Each owner owns a fractional interest in the animal and the original owner is the syndicator and the manager.

Horse Racing Syndicates Made Easy Hambleton Racing is established as one of the best UK horse racing syndicates. For over 15 years our horse syndications have been providing genuine, quality ownership. Enjoyment, satisfaction, and winners are what we expect to provide within our racehorse syndicates.

Horse Racing Syndicates: How to Share Costs and Own a Racehorse Keep the partnership simple and get everything in writing. Find a horse you like and a great veterinarian you trust. Decide how many shares will be offered in a horse. Choose your trainer wisely. Map out a plan and consult with your partners and trainer.

For a syndicator to be approved by the BHA they must themselves be registered as a sole or company owner. SYNDICATE MEMBERS: Any person who has shares in the ownership, or lease, of racehorses through a syndicate should be listed a syndicate member.

Horse Racing Syndicates Horse Racing Syndicates Checklist. Define your Syndicate. Define your Syndicate. The first thing you need to ask yourself is why are you starting a syndicate. Pick your Members wisely. Set up a Management Plan. Ensure Everyone is On Board. Make it Happen. Conclusion.

For a syndicator to be approved by the BHA they must themselves be registered as a sole or company owner. SYNDICATE MEMBERS: Any person who has shares in the ownership, or lease, of racehorses through a syndicate should be listed a syndicate member.

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Horse Racing Syndicate Contract With Us In Bronx