Equine Purchase Agreement Subject To Vet Check
Chamberlain Hrdlicka`s specialist expertise in horse law can help potential horse buyers successfully navigate a potential minefield of problems. Below is a simple checklist of the top ten mistakes horse buyers make and how to avoid them. Registration documents remove guesses from the integrity of a sale. Careful checking of the papers and transfer form can help avoid more headaches on the road. Be sure and verify that the papers match the horse you are buying, that the seller is the registered owner of the horse and that the registered owner has signed the transfer forms. Auctions are full of great bids, but there is a huge risk. Auction conditions generally do not allow for pre-purchase review by an independent veterinarian and most sales are done «as planned», without resorting to the supplier or auction if something goes wrong with the horse. Whenever you plan to sell, buy or transfer a horse from one person to another, you need a list of horse sales. This sales document is important to describe in detail everything related to the purchase and transfer. If the seller sells privately, the buyer cannot invoke section 14 of the Purchase Act.
In this situation, the reserve rule («buyer attention») applies and the buyer must prove that the horse was not described as described in section 13 of the Purchase Act and/or that it was misreased by the seller. The buyer must also prove that the buyer trusted the insurance companies to choose to buy the horse. If the buyer is not able to prove a violation of Article 13 of the Right of Sale or misrepresentation, there is no return due to undetected problems or defects, unless the buyer has an explicit agreement with the seller. Buying a horse is a considerable investment for many horse lovers. It is therefore important, before buying, not only to do thorough research on the horse you have in mind, but also to protect yourself with a written sales contract. Sellers can mask almost any health problem with a little pharmaceutical help, so protect yourself with a full veterinary check before accepting the purchase of a horse. For more information, click here for a list of contacts from our horse law attorneys in Houston and Atlanta. If you buy a horse from a dealer / reseller without being seen, if you are a consumer, then you are protected by the rules of distance selling and for some reason you can return the horse within 7 days of delivery. This only applies to a sale from a trader/trader to a consumer and the horse must have been purchased without being seen.
Even an experienced horseman can benefit from professional advice. A trustworthy consultant can take you far, but it`s important to do your homework and make sure your horse investment is protected. Either you love them or hate them, but a checklist is an integral part of all horse visits. It is important that you take a checklist of things to ask for the horse and take notes on what the seller says. Once the horse is verified, you can agree on a sales contract/contract that must be signed before payment. The sales contract (a written agreement) must contain the following elements: written agreements are essential for the success of a sale. Before the money changes ownership, the terms of sale, including any eventualities, must be tendered; z.B under what circumstances your deposit will be refunded or expire. Without a written agreement, the sale could fail and your deposit money could be history. A written agreement should always serve as the basis for any sale, especially an agreement that involves acceptance of the purchase of a horse subject to the result of a veterinary examination.
The agreement should describe the circumstances in which you are not required to buy the horse. Unlike used car inspections of veterinary «pass» or «fail» a horse rarely during a pre-emption examination – usually, they simply inform you about the horse`s health and condition. . . .