What Our Co-Ownership Agreement Includes
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Equine Legal Solutions offers ready-to-use downloadable equine legal forms. Once you purchase an equine contract with a secure credit card transaction, you will receive an email containing a link to a secure download page and download instructions. It's fast, it's easy and it's secure.
Equine Legal Solutions offers ready-to-use downloadable equine legal forms. Once you purchase an equine contract with a secure credit card transaction, you will receive an email containing a link to a secure download page and download instructions. It's fast, it's easy and it's secure.
Form Requirements: Adobe Acrobat Reader 9.3 or higher.
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Document Format:
Liability Releases
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Horse Partnership Terms
- Information identifying horse that is (or will be) the subject of the equine partnership.
- Schedule of owners, identifying each owner and what percentage they own.
- If horse has not been purchased yet, provisions for purchase of horse that include who will contribute what portion of purchase price.
- Provision for registering horse, including in whose name(s) it will be registered.
- Where the horse will be kept, and who will pay for the horse’s board (if any).
- Who will train the horse, if applicable, and who will pay for the training.
- Whether the horse will compete during the partnership, and if so, who will make decisions about, provide funding for, and be entitled to winnings of competitions.
- Whether the horse will be bred during the partnership, and if so, who will have breeding rights, be entitled to proceeds from breeding, and own any offspring resulting from the breeding.
- How the horse will be cared for, and who will pay for it, including emergency and routine vet care, farrier care, medication and supplements, and alternative treatments such as chiropractic and acupuncture.
- Whether the horse can be ridden for recreational purposes during the partnership, and if so, by whom, when and in what activities. Includes optional specifications for tack and equipment, jumping restrictions and protective gear.
- Provisions for insuring horse, including who will be named insureds, and who will pay for the insurance.
- Provisions for reimbursement of expenses among the equine partners.
- Provisions for selling the horse, including when it will be offered for sale, who will be responsible for marketing and selling the horse, and how proceeds will be distributed.
- Provisions for restrictions on transfer of ownership interests, including what happens if a party wants to leave the co-ownership.