North Dakota Contract to Train, Board and Show Horse with Option to Purchase

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US-01595BG
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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.

North Dakota Contract to Train, Board and Show Horse with Option to Purchase: A Detailed Description The North Dakota Contract to Train, Board and Show Horse with Option to Purchase is a legal document that outlines the various terms and conditions involved in training, boarding, and showing a horse, with an added option for the interested party to purchase the horse at a later date. This contract is designed to protect the rights and obligations of both the horse owner and the trainer or boarding facility. Keywords: North Dakota, contract, train, board, show horse, option to purchase 1. Purpose: The purpose of this contract is to establish a clear understanding between the horse owner and the trainer or boarding facility regarding the training, boarding, and showing of a specific horse. It also provides the interested party the option to purchase the horse at a later stage. 2. Parties Involved: This agreement involves two parties: — Horse Owner: The individual or entity who owns the horse and seeks professional training, boarding, and showing services. — Trainer or Boarding Facility: The professional or organization responsible for providing training, boarding, and showing services to the horse. 3. Horse Information: This contract necessitates the inclusion of specific details about the horse, such as its age, breed, gender, color, registration number, and any notable markings. Accurate identification is crucial to ensure there is no confusion regarding the horse in question. 4. Training Services: This section delineates the training services that will be provided, including the duration, frequency, and method of training. It may specify the disciplines or skills to be focused on during training, such as jumping, dressage, or western riding. 5. Boarding Services: The boarding services offered by the trainer or boarding facility should be clearly described here. This may include the type of accommodations provided, such as stalls or pastures, feeding schedules, exercise routines, and any additional services offered, such as veterinary care or farrier services. 6. Showing: If the horse is to be shown during the contract period, this section should outline the shows and competitions the horse will participate in, along with any associated costs and responsibilities. 7. Option to Purchase: This agreement allows the interested party to purchase the horse at a later date, subject to mutually agreed-upon terms and conditions. The contract should specify the duration of this purchase option, the agreed-upon purchase price or method of determining the price, and any conditions or contingencies that apply. 8. Responsibilities and Liability: Both parties should acknowledge their responsibilities and liabilities in caring for the horse during the contract period. It may include clauses regarding horse health, insurance, liability waivers, and any necessary permissions or licenses required for transportation, if applicable. Different types of North Dakota Contract to Train, Board and Show Horse with Option to Purchase: 1. Full Training Contract: This type of contract includes comprehensive training services, where the trainer assumes responsibility for the daily care, training, and showing of the horse. 2. Partial Training Contract: This contract specifies limited training services, such as specific disciplines or training sessions per week, while the horse owner retains certain responsibilities. 3. Boarding and Showing Contract: This type of contract primarily focuses on providing boarding and showing services for a horse that is already trained. 4. Lease-to-Purchase Contract: This variation of the contract allows the interested party to lease the horse for a specific period before deciding whether to purchase it outright.

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The buyer will be entitled to a full refund of the purchase price. If you rightfully reject the horse because it is not fit for purpose or of satisfactory quality you are not obliged to transport the horse back to the seller.

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.

As soon as possible, contact the seller and have a firm, honest discussion with them about the horse and request to return it with a full refund of the purchase price along with compensation for any additional expenses you may have incurred as a result of the horse.

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.

When buying from a horse dealer what if any added rights do I have compared to buying private? If the horse does not meet with those requirements then the consumer is entitled to reject the horse and request a full refund within the first 30 days of taking possession of it.

The buyer will be entitled to a full refund of the purchase price. If you rightfully reject the horse because it is not fit for purpose or of satisfactory quality you are not obliged to transport the horse back to the seller. It is for the seller to arrange for the horse to be collected at his or her own expense.

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.

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.

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North Dakota Contract to Train, Board and Show Horse with Option to Purchase