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A Look At Horse Purchase Agreement

By Thomas Parker


Buying an equine is a remarkable investment in which both the money and emotions are greatly involved. Since one is interested in having a good animal it is very important to select an animal that is good to work with and attractive to look at. Horse purchase agreement helps in the protection of both the buyer and seller especially if a conflict arises concerning the agreed terms of sales and the purchases.

Characteristics of equine should be written in contract to help in times of conflict resolution if it occurs. It helps in getting the money back if the animal presented does not meet the stated traits. The document also acts as the evidence that indeed there was a transaction.

Persons within the city of Dedham, MA are advised to be very cautious when buying an equine. They are required to investigate appropriately from the individuals who once underwent the process. This could be from the individuals such as friends or even the magazines too. This helps in getting an overview of what to go through during the process. It helps in understanding the regulations that are involved in process.

The contract written ought to be signed by the parties involved in the process. Before signing the buyer is expected to confirm that the animal one intends to buy has the desired traits. Ensure that the vetting is done to find out any hidden defect with the equine. On cash payments ensure that you receive a receipt to help in keeping the records and for use in case of a conflict.

If a buyer knew that the seller intends to sell the animal through an advert, it is important to retain the medium in which the advert was written. This can be of great importance if there is a dispute that arises in the future and needs to be solved in an orderly manner. The contract should too contain short description of parties involved in process.

It should also state the amount that is paid for the equine. It should also clearly describe the equine as it looks and also make sure that a printed photograph is attached within it. If it is registered, the registration number should be included within the contract. The purpose of purchasing the stallion should too be clearly stated within it. Define clearly whether to be used for, hacking, show jumping, and hunting or for other private purposes.

It should also contain a clause stating that the equine is free of vices and any kind of defects and is able to meet the purpose for which it was intended for as per the information disclosed by the seller during the period of drafting the contract. It should also contain any problems related to the animal that the seller is aware of. The chances of disputes occurring are minimal if the seller had forewarned about the vices of animal before the contract.

The agreed date on which the transfer has to be done should be clearly stated within the document. Many prefer to take the ownership role after the transportation due to the dangers that may occur during the transportation to the premises of buyer.




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