Equine Co-Ownership Agreement Includes
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identifying horse that is (or will be) the subject of the
of owners, identifying each owner and what percentage they
- If horse
has not been purchased yet, provisions for purchase of
horse that include who will contribute what portion of
for registering horse, including in whose name(s) it will
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
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.
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
- 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.
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
for insuring horse, including who will be named insureds,
and who will pay for the insurance.
for reimbursement of expenses among the equine partners.
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.
for restrictions on transfer of ownership interests,
including what happens if a party wants to leave the
signing agreement, each co-owner assumes risk of loss of
or injury to horse.
co-owner assumes risk of death or injury to self in
connection with horse.
co-owner agrees to wear certain safety attire when riding
and handling horse, and assumes risks associated with not
Equine Co-Ownership Agreement
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