Items That A Good Horse Purchase Agreement Should Contain

By Thomas Parker


Purchasing an equine is a great move full of emotions. A great deal of money is indeed used during the process. The most important thing is selecting an animal that will help you accomplish the intended purposes. Selecting an animal that is beautiful to look at is indeed a great move. During buying process it is important to note that the terms are written down so as to solve the problems that may arise in future. Horse Purchase Agreement contains all the terms and conditions as agreed during the period of purchase and is of great importance in finding a solution in case a dispute arises.

When writing the contract ensure that characteristics of the equine you intend to purchase should be stated clearly. This helps in that if the animal delivered does not meet that requirements as stated, can be returned and the amount paid returned back too. The document is of importance when dealing with conflicts related to the purchase.

Before commencing the process, make sure that you do a thorough research on transactions done previously within the city of Dedham, MA as it helps in knowing what you are likely to expect and what to find out and the rules and the regulations to follow. It also prepares one psychologically on how to negotiate during the time.

The buyer is expected to write the terms of purchase in a written contract and ought to be signed by both the parties concerned. Then one should inspect it to make sure that it meets ones demands. The vetting is before agreement is very important as it helps in discovering any physical defects. When payment is made on cash basis, the seller should provide a receipt as prove of transaction.

If there was an advert by the seller intending to sell the animal ensure that you retain document in which it was written. The contract should too contain the names of individuals involved and their short description. A good contract should contain the correct dates and good arrangements ought to be observed.

The correct amount that is used in transaction should be contained within the contract. There should also be short description of animal (one is interested in); in terms of color and in terms of the behavior. Attaching the photograph of animal to buy is of great importance. It is very important to include the registration number within the contract too.

The seller should be willing to state its vices and ought to be noted within the contract. This helps in protecting the seller. The buyer should therefore understand that those problems stated are willing to put up with. The seller should state that the animal is of good health and has the capability of performing the duties as intended.

Within the contract the day of transfer of ownership should be clearly written. At times risks may occur during transportation especially by the buyer due to minimal experience. It is therefore very crucial to transfer the possession after the seller transports equine to the buyer.




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