This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Horse Sale Contract With Payments
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How to fill out Contract To Train, Board And Show Horse With Option To Purchase?
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FAQ
How Much Should a Client Pay? Depending upon the price of the horse, the equine professional's reputation in the industry and horse's intended use, commissions are typically 10-25% of the sale price. However, a trainer and client can agree upon any level of commission.
Many people sell their horses on an installment basis or lease out their horses to others for a span of months or years. Frequently, these arrangements are mutually beneficial. But problems can, and do, occur ? and they're sometimes very serious.
Brokers commonly earn a commission of 10-15% in connection with sales, but it can vary depending on circumstances. Another thing to consider is how the expenses of the horse will be paid when it's sold.
How do you write a bill of sale for a horse? The Buyer. ... The Seller. ... The Price of the Horse. ... Horse Information. ... The Location of the Sale. ... Condition of the Horse. ... Breeding Rights. ... Commission.
In an installment payment arrangement, the horse seller and buyer agree that the purchase price can be satisfied through a series of payments (often called installments) spread out over months and sometimes even years. Where horses are involved, the arrangements differ.