Friday, December 7, 2018

What Does a Horse Bill of Sale Include?

A horse bill of sale document, also referred to equine bill of sale, equine purchase agreement and equine contract of sale, documents the transfer or sale of a horse. When a pony or horse is being purchased, this document exhibits that the equine’s ownership has been transferred officially from the seller to a new individual – the buyer. When the document is signed, it becomes a legally binding agreement if disputes arise or any of the parties tends to change his mind. It consists of the following elements.

Seller

He is the one who presently possesses the ownership of the horse that is being sold.

Purchaser

He is an individual who becomes the new owner or purchases the horse.

Price

It talks about the price at which the horse is being sold for, how it would be paid - whether in installments or in full, along with the time of transfer of registration papers.

Horse’s Description

As is the case with a dog bill of sale, it contains all the information about the animal – the horse in this case. It mentions the date of birth, tattoos, markings, registration number, breed, sex, color of coat (gray / chestnut / bay) etc.

Date

It states when the sale of the horse was made to the purchaser from the seller.

Dam

It mentions the mother of the horse, which includes her reg. no.

Sire

There is mention of the information of the father, including his reg. no as well.

Warranties

It states whether it was sold as it is, of whether some guarantees are there.

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