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.
Keywords: Wisconsin, contract, train, board, show horse, option to purchase Title: Wisconsin Contract to Train, Board, and Show Horse with Option to Purchase Introduction: A Wisconsin Contract to Train, Board, and Show Horse with Option to Purchase is a legally binding agreement entered into between a horse owner and a trainer or boarding facility in Wisconsin. This comprehensive contract outlines the terms and conditions under which a horse will be trained, boarded, and showcased in horse shows, with the additional provision of the buyer's option to purchase the horse at a later date. This contract ensures transparency, protects the rights of both parties, and establishes clear expectations. Types of Wisconsin Contracts to Train, Board, and Show Horse with Option to Purchase: 1. Basic Training and Boarding Contract: This type of contract is suitable for horse owners seeking training and boarding services without the emphasis on horse shows. It covers the training techniques, boarding arrangements, care, feeding, and general maintenance of the horse. The contract may also include provisions for exercising and medical care of the horse. 2. Show Horse Training and Boarding Contract: Designed for horse owners who wish to professionally promote their horses in shows, this contract includes all the elements of the basic training and boarding contract, with additional clauses specifying the horse's preparation for shows, show entry fees, transportation to and from shows, and show results reporting. 3. Option to Purchase Addendum: Within both the basic and show horse contracts, an option to purchase addendum can be included. This addendum allows the horse owner to secure the right to purchase the horse from the trainer or boarding facility after completion of the training or show period. The addendum typically outlines the terms of the purchase, such as the purchase price, payment schedule, and any conditions or warranties applicable to the horse. Key Components of the Contract: 1. Parties: Clearly identifies the horse owner and the trainer or boarding facility along with their contact information. 2. Services: Details the training methods, boarding arrangements, feeding schedule, exercise regime, medical care, and any additional services to be provided by the trainer or boarding facility. 3. Terms and Period: Specifies the duration of the training, boarding, and showing period, including the start and end dates. 4. Compensation: Outlines the agreed-upon fees for training, boarding, and any additional services, as well as the payment schedule. 5. Option to Purchase: Includes the terms and conditions related to the buyer's option to purchase the horse, such as the purchase price, payment terms, and any additional agreements regarding horse examination or veterinary checks. 6. Liability and Insurance: Addresses the responsibilities, liabilities, and insurance coverage of both parties, ensuring protection for the horse and parties involved. Conclusion: A Wisconsin Contract to Train, Board, and Show Horse with Option to Purchase is a legally binding document that covers all aspects of training, boarding, and showcasing a horse in Wisconsin. By specifying the terms and conditions, it establishes clear expectations, protects the rights of both parties, and provides an opportunity for the horse owner to purchase the horse after the training or show period concludes.
