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.
The Florida Contract to Train, Board, and Show Horse with Option to Purchase is a legally binding agreement designed to outline the terms and conditions between a horse owner and a trainer, with the goal of training, boarding, and showcasing the horse for potential sale. This contract is commonly used in the equestrian industry, where individuals may lack the necessary resources or expertise to train, care for, and exhibit their horses. The contract typically consists of several key sections, including: 1. Parties involved: This section outlines the names, addresses, and contact details of the horse owner (referred to as the "Owner") and the trainer (referred to as the "Trainer"). 2. Horse description: This section provides a detailed description of the horse being entrusted to the Trainer's care. It includes information such as the horse's breed, age, color, markings, and registration details. 3. Training and care obligations: The contract elaborates on the services the Trainer will provide, including the agreed-upon training methods, exercise routines, and special care instructions for the horse. It may also specify the number of training sessions per week and whether the Owner will have the option to participate or observe the training sessions. 4. Boarding arrangements: This section outlines where the horse will be stabled during the training period and who will be responsible for the associated costs. It may detail the type of accommodations provided, such as a stall, turnout area, or pasture, as well as any additional services like feeding, veterinary care, or farrier services. 5. Show and competition clauses: If the intention is to showcase the horse at competitions or shows, this section will clarify the Trainer's responsibilities, including entering the horse in specific events, transportation arrangements, and entry fees. It may also specify how the horse's winnings or prize money will be divided between the Owner and Trainer. 6. Option to purchase: The contract may include an option for the Trainer or a third party to purchase the horse after a specified period or upon achieving certain performance goals. It will state the purchase price, payment terms, and any conditions surrounding the exercise of this option. Different variations of the Florida Contract to Train, Board, and Show Horse with Option to Purchase may exist, tailored to specific aspects of the agreement. For example, there may be agreements that focus solely on training and care without the option to purchase, or contracts that solely outline the terms for showcasing the horse at competitions. The variations depend on the specific needs and requirements of the parties involved.
