Be careful on the part of sellers who may try to conceal the actual health of a horse with steroids and other pharmaceutical tricks. In some states, such as California, Florida and Kentucky, a sales bill is required by law when a horse is sold, purchased or transferred. Whenever you plan to sell, buy or transfer ownership of a horse from one person to another, you will need a horse bill of Sale. This proof of sale is important for the detail of all information about the purchase and transfer. It is important to see the horse first hand before buying. Watch how the owner treats the horse, handles it himself and, if possible, ride it. Ask his story, if there are any injuries or health problems and if there is anything else you need to know about it. Get a vet to check on her health, too. It`s also a great idea to bring an experienced friend or coach. At this point, you may be ready to finalize your transaction.
Here too, it is highly recommended to consult a legal specialist about your sale or purchase. Horses are valuable and expensive investments, and you can never be too careful if you protect your fortune. Buying a horse can be an exciting but risky transaction. If this is your first time, it can be easy to be overwhelmed by the process (or even the horse itself!). Before you start, you need to make sure that you are doing your research and know exactly what you are looking for. Do you want an older horse? Will you use it for the contest? You should consider a try, if possible, and at least take the horse for a try before buying. It is customary for the sale of horses to be carried out by the use of agents and/or instructors. In these cases, it is essential to clearly identify the actual seller and buyer, so that there is no confusion as to who actually owns the property. You need a Horse Bill of Sale every time you buy or sell a horse or pony.
It is always recommended to have legally documented a contract to sell personal real estate. In the case of a Horse Bill of Sale, a complete document should contain details on the various options for things like pricing, physical transfer, new property details and registration documents. When buying or selling horses, check to see if your condition requires a trademark inspection before transferring ownership of the cattle. Take the purchase of a horse seriously and never meet anywhere but publicly if it is a cash transaction. The purchase price itself may be high, but current housing and maintenance costs, which can also be significant, must also be taken into account. You need space in a stable, trainer, proper equipment, veterinary care, and so on. This is a process that should be seriously considered. Arbitration agreements can be included in horse bills. If the terms of the sales bill are violated, with arbitration can be reduced to legal fees and avoid that lawsuits that may occur.
If you`re sure this is the horse you want, then it`s time to negotiate a price. Write it down as soon as an agreement has been reached. You should also file a good faith to show that you are serious about buying. It is a legally binding document. In fact, you will need this document if there is ever an argument about who the true owner of the horse is, or if questions about its ancestry arise. Similarly, the sales bill should be as detailed as possible the identification of the horse sold. Several horses can be sold at once, and it is easy to confuse the terms in these cases. The sales bill must contain at least the name of the horse, age, colour, breed, gender and genealogical picture. Anyone who has owned or bought a horse understands the importance of a horse sales bill. Horses can be extremely expensive, so the collection of all documents will be mandatory. The sales bill will be very similar to that of a boat voucher.
The purpose of these documents is to prove the transfer of ownership of a horse or boat.