Horse Racing Syndicate Contract With Us In Kings

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

Description

The Horse Racing Syndicate Contract with Us in Kings is a legal agreement that facilitates the syndication of a thoroughbred stallion's ownership. This contract divides the stallion's ownership into equal undivided fractional interests, allowing multiple individuals to invest in the horse while outlining their rights and responsibilities. Key features include the ability for members to transfer fractional interests, management by a designated syndicate manager, and specific provisions for breeding rights and obligations. The contract details the procedures for managing the horse's breeding, maintaining its health, and the financial arrangements associated with the syndicate. For attorneys, partners, and owners, this form provides a clear structure for investment and collaboration in horse racing, while paralegals and legal assistants benefit from its outlined legal parameters and administrative processes. Overall, this contract serves as a comprehensive tool for those involved in horse racing syndicates, ensuring transparency and proper governance among members.
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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

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FAQ

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.

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.

The Merriam Webster Dictionary defines syndicate as a group of people or businesses that work together as a team. This may be a council or body or association of people or an association of concerns, officially authorized to undertake a duty or negotiate business with an office or jurisdiction.

Clubs tend to be open where anyone can join - you effectively share the costs and fish from there. There can be limits on numbers, but mostly not. Syndicates tend to be limited numbers of places to fish 'special' venues usually containing some very big fish.

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 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.

If you're certain a particular horse will win but have no idea which runners will finish second, third, and fourth, a win bet might be the smartest play. If you're confident you can predict the top three finishers of a race in order, a trifecta is the way to go.

Middleham Park Racing | Racehorse Syndicates Shares | The UK's most successful syndicate, celebratin.

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Horse Racing Syndicate Contract With Us In Kings