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HORSE CONTRACT
Thanks to: arbittier@wharton.upenn.edu
TITLE AGREEMENT OF SALE
THIS AGREEMENT, dated this _____ day of ________, 199_ is
INTRO made by and between __________ ("SELLER") and ________ ("BUYER").
1. SELLER agrees to sell, and BUYER agrees to buy, one three
DESCRIPTION ________{describe horse here}_____________________ currently
named "_____" ("HORSE") for the total purchase price of $____
payable as set forth below.
2. This agreement is subject to HORSE passing a physical
CONTIGENCY examination and Coggins test to be conducted at BUYER's expense.
3. If HORSE satisfactorily passes the aforesaid examination
and test, BUYER shall pay SELLER $____ on __{date}___ and,
PURCHASE thereupon, SELLER shall transfer his legal title of HORSE to
CLAUSE BUYER. BUYER shall from that time be responsible for HORSE's
upkeep.
4. SELLER warrants that, to the best of his knowledge,
KNOWN HORSE has no unsoundness or health problems on date of sale which
HEALTH would cause HORSE to be unfit for regular training.
5. At BUYER'S option, HORSE will be kept at __{address}__
after BUYER optains title, until on or before __{date}__,
TRANSPORT provided that BUYER pays $___ to cover SELLER's expenses
CLAUSE in caring for HORSE during that period. BUYER hereby
authorizes SELLER to provide veterinarian services for
VET HORSE in case of emergency at BUYER's expense while HORSE
EMERGENCIES is on SELLER's property.
6. SELLER will have HORSE shod, at BUYER's expense, not
EXTRA $ to exceed $_____.
7. {other agreements}
In witness whereof the Parties, intending to be legally bound,
hereby have set their hand and seal on the day above written.
SELLER BUYER
__________________________ _________________________
(Signature) (Signature)
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(Following is the contract which I had with Eleanor. Please note:
I did NOT have a statement saying that she had legal title in
this contract! Make sure you include this!! Also, Paragraph 6
was an option that Eleanor herself included, in case I did not
want the horse in 6 months, and if she were in a position to buy him
back. This is not usual, but actually protected both of us.
AGREEMENT OF SALE
THIS AGREEMENT, dated this _____ day of September, 1991 is
made by and between Eleanor Vallone ("SELLER") and Elizabeth V.J.
Arbittier ("BUYER").
1. SELLER agrees to sell, and BUYER agrees to buy, one three
year old dark bay/brown thoroughbred gelding horse currently
named "Spot" ("HORSE") for the total purchase price of $850
payable as set forth below.
2. This agreement is subject to HORSE passing a physical
examination and Coggins test to be conducted at BUYER's expense
within two weeks from the date of this Agreement.
3. If HORSE satisfactorily passes the aforesaid examination
and test, BUYER shall pay SELLER $850 and other sums due stated
herein and, thereupon, BUYER shall take title to HORSE and be
responsible for its upkeep.
4. On March 1, 1992 (or sooner by mutual agreement of the
Parties), BUYER shall have the option, for any reason in BUYER's
sole descretion, to return HORSE to SELLER. SELLER shall
thereupon return the full purchase price of $850 to BUYER. This
return privilege is contingent upon HORSE being in the same state
of soundness and lack of blemish as of the date BUYER took title
to HORSE. In addition, HORSE shall be free of vices (kicking,
biting, striking, or any dangerous habits under saddle) as a
contingency of return option.
5. SELLER warrants that, to the best of her knowledge,
HORSE has no unsoundness or health problems which would cause
HORSE to be unfit for regular training.
6. At BUYER's option, SELLER shall keep and care for HORSE
on her property, located at {address deleted},
until on or before October 26, 1991 provided that BUYER pays $150
board/month to cover SELLER's expenses in caring for HORSE during
that period. BUYER hereby authorizes SELLER to provide
veterinarian services for HORSE in case of emergency at BUYER's
expense while HORSE is on SELLER's property.
7. SELLER will have horse shod, at BUYER's expense, not to
exceed $35.00.
In witness whereof the Parties, intending to be legally bound,
hereby have set their hand and seal on the day above written.
SELLER BUYER
__________________________ _________________________
(Signature) (Signature)
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