Horse Trial Agreement Template

Committing a pre purchase trial agreement to writing in the form of a contract need not be done in impenetrable legalese but it should be thorough and written in words that are easily understood.

Horse trial agreement template. 5 2 in the event of the horse s death the owner will be responsible for any euthanasia and disposal expenses. Horse if the horse does not prove suitable for the intended purpose. Buyer is responsible for the full purchase price in the event of horse becoming lame. Horse bill of sale samples 8 free documents in word pdf.

Buyer agrees that if said horse should get injured or become lame during the trial period it is the buyer s responsibility to return the horse in the same condition as when delivered. Consider the payment structure to incorporate into this type of trial agreement. If for any reason said horse is returned to seller during trial. 11 bill of sale form samples.

The following provisions should be included in a purchase trial agreement. 9 sample trailer bill of sale forms sample forms. 4 4 upon seller s receipt of the purchase price in full seller shall provide buyer with horse s. Seller agrees to sell buyer the horse described in this agreement pending trial period as described below and buyer agrees to the terms set forth in this agreement.

Since the horse is not sold and no bill of sale executed the seller still owns the horse but the potential buyer will have custody. Horse bill of sale with first right of refusal. Buyer is responsible for all costs involved in shipping the horse to buyer s facility and in the event the horse is returned back to the seller s facility. 3 buyer is required to pay for the horse in the agreed upon manner or return the horse if the horse does not prove suitable for the intended purpose.

5 1 in the event that the horse sustains an injury or develops an illness that will prevent it from fulfilling the purpose set out in clause 3 3 for a period exceeding 30 days the borrower may terminate the agreement and return the horse. 4 2 seller is the sole owner of horse and has authority to enter into this agreement. The purchase of this horse is subject to the terms and conditions of an as is sale. Horse purchase and trial agreement.

At beginning of trial period seller agrees to hold a check 50 of purchase price from buyer in the amount of. It s advisable to have a lawyer who is knowledgeable in the horse business draft or at least review and trouble shoot the contract. Buyer agrees that if said horse should get injured or become lame during the trial period it is the buyer s responsibility to return the horse in the same condition as when delivered. Right of first refusal is granted under a contract that needs the buyer or receiver of the horse under particular terms and conditions.