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.
Arkansas Contract to Train, Board and Show Horse with Option to Purchase
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How to fill out Contract To Train, Board And Show Horse With Option To Purchase?
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How to Write a Horse Sale ContractIdentify the parties. That's the buyer(s) and seller(s), including addresses, phone numbers, and Social Security or Federal tax-identification numbers.Identify the horse.Date of sale.Price and terms of sale.Risk of loss.Warranties.Prepurchase exam.Insurance.More items...?
When Should I Use a Horse Bill of Sale? Anytime you plan on selling, buying, or transferring ownership of a horse from one person to another, you will need a Horse Bill of Sale. This sales document is important in detailing everything related to the purchase and transfer. This is a legally binding document.
Standard commissions range between 10 percent and 15 percent and may apply to both the buyer's and seller's agents. Agree ahead of time what your budget will be and if the commission must be included in your budget.
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.
Full horse boarding typically includes:A stall or other shelter.Food and water.Shavings for stalls.Equipment to clean stalls and maintain the facility and grounds.Turnout (usually)Space to store your tack.Place(s) to ride like an arena.
Full board for horses typically includes feeding, grooming, pasture access, cleaning your horse's stall, and exercising it. Facilities that offer full board will also take care of your horse's vet visits and farrier appointments; however, the charges are on top of your regular boarding fees.
How to Write a Horse Sale ContractIdentify the parties. That's the buyer(s) and seller(s), including addresses, phone numbers, and Social Security or Federal tax-identification numbers.Identify the horse.Date of sale.Price and terms of sale.Risk of loss.Warranties.Prepurchase exam.Insurance.More items...
Aside from the agreed-upon price, including any adjustments or deposits, your sales contract should outline: How and when the buyer will receive an invoice. The timeline for payment. Acceptable payment methods, like email transfer, bank draft, certified check, cash, etc.
Pasture Boarding Pasture board means your horse is living out on pasture 24/7, usually with a herd. They have shelter, food, and water. Some facilities only offer hay to pasture boarders. Others only offer self care pasture boarding.
In addition to the price, a sales contract should state the time for payment, the method for payment, and any payment schedule (e.g., lump, installment, etc.) agreed upon. A sales contract should address the many different aspects of the delivery of the goods and/or services.