This is an example only.
A contract that is agreeable to the buyer and
to us
will be arrived at mutually.
who pays for care during payment/loan period, etc.
simply can't be covered by a generic contract.
RESPONSIBILITIES FOR THE SALE/PURCHASE OF
«Horse» for $«Price».00 («Pricespell») dollars US currency
This is a simple contract describing the sale of the «YearBirth» horse, «Horse» (sire: «Sire», dam: «Dam») by Toni Perdew to Buyer, herein after also referred to as «BuyerName». Each party will have responsibilities for this exchange such as follows:
Toni Perdew will
Feed and board «Horse» until up to «PUDate» unless other agreement is made, at no charge for board
Complete application to obtain insurance coverage for «Horse» once the first deposit/payment and insurance assistance payment is received from Buyer to protect both the Buyer and the Seller
Give possession of «Horse» to Buyer or his/her agent at least 14 days after full payment of $«Price».00 plus any requested expenditures and insurance premium from Buyer is made in full
Sign and mail AQHA breeding certificate papers, registration papers, or other necessary documentation, and transfer papers to Buyer after full payment of $«Price».00 is received and verified as valid/legal. Papers will be mailed in a timely manner once funds have been verified.
Buyer will
Pay a $«Deposit».00 non-refundable deposit by «DepDueDate» to hold «Horse», which will be applied toward the purchase price of $«Price».00
Make payments on «Horse» of $«Pmts».00 or more per month until full payment is made, to be completed at least 14 days prior to the pickup date of the horse unless the last payment is with cash.
Pay for mortality insurance coverage on «Horse» from the time of the first payment until «Horse» has left seller's location, naming seller as a lein holder (if horse is on a payment schedule). Insurance coverage is REQUIRED on any sale that includes a delay of more than a month from initial deposit, or if sold on a payment plan, as it protects both buyer and seller in the case of a horse’s death. www.eqgroup.com is an example of a company that insures horses.
Assume financial responsibility for «Horse» from the time of the first payment (to include vet bills, mortality insurance if applicable, transportation, and other costs, but not including reasonable feed costs through «PUDate»)
Arrange and pay for transportation from the Perdew home to the Buyer’s home by «PUDate» unless other mutual arrangements are made
If Buyer decides to back out of the purchase of «Horse», the Buyer will forfeit all monies paid toward the purchase of «Horse» unless other agreement has been made.
If Toni Perdew backs out of the sale of «Horse», she will return all monies paid to Buyer for the purchase and care of «Horse» by the Buyer, and insurance premiums made.
In the event of a problem with this transaction, the seller and buyer and their acquaintances MAY NOT post any type of negative feedback, libel, or accusatory statements publicly or on social media until a resolution has been reached.
__________________________________ Date __________________________
Buyer's Signature
«Buyer Name«, «Address1», «City», «State» «PostalCode» «Country» «HomePhone»
__________________________________ Date __________________________
Seller's Signature
Toni Perdew, 3005 Lexington Ct., Bedford, IA 50833 712-370-0851
This contract continues on the next page, labeled Sales 2.
Buyer's Release
I/We, «BuyerName», agree to the purchase of this horse, «Horse», as is. This horse has been presented to my satisfaction. I have not been drinking, using any drug that could impair my judgment either legal or illegal. There is no reason that I should not have a clear mind when I sign that I agree to the purchase «Horse».
Horses sold on payments: I understand that I/we, «BuyerName», am/are responsible for all financial care of the horse once full payment has been made or partial payment has started, regardless of where horse is being kept. Care will include all of the following, with absolutely no exceptions or deviations of previously set schedules: hoof care (if care is needed by someone other than the seller), vaccinations, vet care, and worming**(see footnotes below) until horse is paid in full. Any injuries or illnesses that occur before the horse is paid in full (if on payments) will be the responsibility of the Buyer. If the horse dies before paid in full, the Buyer will be responsible for paying the remaining balance on horse unless insurance coverage pays the seller. The Buyer also agrees that any other costs that may arise before horse is paid in full will be his/her responsibility. The sellers will no longer be financially responsible for horse once payments have started.