Kentucky Bill of Sale for Horse
Description
How to fill out Bill Of Sale For Horse?
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FAQ
Once the decision to purchase the horse or pony has been made, the final step to complete the transaction is to have a purchase agreement and a bill of sale signed by both parties. A purchase agreement is not always necessary however, it is recommended in most circumstances.
Under the Uniform Commercial Code, Sales Article 2, horses are considered ?goods.? This code has been adopted by every state with minor variations.
In Kentucky, the seller of a horse is required to file a bill of sale. This document serves as proof of ownership transfer and includes details of the sale such as the purchase price, the buyer and seller's information, and a description of the horse.
How to Write a Horse Bill of Sale Step 1 ? Date and Parties. Enter the date on 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.
This is a legally binding document that proves that a horse was sold to a buyer and proves that they have taken possession of the horse. In the case of competition animals, the bill of sale is essential to prove that the new owner has the right to show the horse in their name.
