Horse Bill Of Sale Form With Buy Back Clause

Category:
State:
Utah
Control #:
UT-01-06
Format:
Word; 
Rich Text
Instant download

Description

This Bill of Sale for Conveyance of Horse form is a bill of sale for a horse where the horse is being sold without warranties, express or implied. This is intended to be used when a horse is sold "as is" or "with all faults."

How to fill out Utah Bill Of Sale For Conveyance Of Horse - Horse Equine Forms?

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Bill of Sale

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FAQ

Equine-related contracts sometimes include a right of first refusal clause that restricts how a horse can be re-sold. Through these clauses, a horse buyer agrees to give the seller an opportunity to buy back the horse later under certain specified conditions.

A right of first refusal is a right that is granted under a contract that requires that the one who has bought or received a horse, under certain terms and conditions, give the seller an opportunity to own the horse again if or when the buyer wants to part with the horse.

Among the terms typically included in the agreement are the purchase price, the closing date, the amount of earnest money that the buyer must submit as a deposit, and the list of items that are and are not included in the sale.

How to Write a Horse Bill of SaleStep 1 Date and Parties. Enter the date in which the document is being created.Step 2 Horse Description. Horse's Name (if named)Step 3 Purchase Price Information.Step 4 Security Deposit.Step 5 Signatures.Step 6 Acknowledgement of Notary Public.

The bill of sale is typically delivered as an ancillary document in an asset purchase to transfer title to tangible personal property. It does not cover intangible property (such as intellectual property rights or contract rights) or real property.

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Horse Bill Of Sale Form With Buy Back Clause