tuneuf.blogg.se - Bill of sale template for a horse

NOTE: Make sure to provide your name as is on the identification card and provide a valid address.

Seller’s details- Include the seller’s name, contact number and address.

Make sure that the name is correctly spelt and the address provided is valid.

Buyer’s details- Include the buyer’s name as is in their identification card and their official address.

Personal informationĮnter the personal details of the buyer and seller as: The date is important as it provides a timeline for when the transaction was done. Once the above elements have been laid out, it’s now time to prepare the horse bill of sale.īelow are steps on how to properly craft one: Date of the agreementĮnter the exact date of the execution of the agreement. How: how the horse is being sold, i.e., “as is” or sold with warranties and no conditions.When: when the horse is being purchased.Where: Where the horse was registered as well as its registration number.What: what is the horse’s purchase price- important for future tax purposes.

When preparing a horse bill of sale the following key elements should be taken into consideration:

In some states, a horse bill of sale is legally required when selling, purchasing, or transferring the ownership of a horse. When buying, selling, or transferring the ownership of a horse, it is important to use a horse bill of sale as, without one, there is no way to prove that the horse’s ownership has been changed legally. Simply put, the horse bill of sale helps guarantee the buyer that the horse they are purchasing is free from any crippling or debilitating disease. Nevertheless, should a dispute arise or should there be any legal concerns over the sale/purchase of the horse, or if the buyer attempts to get their money back after the transaction is complete, the bill of sale can help quickly clarify such disparities.Īdditionally, since the bill of sale sets clear the horse’s welfare, the buyer is assured of its health and pedigree- i.e., the horse is sold “ as is,” so if there are any issues after the sale is complete,it will be the buyer’s responsibility. When properly executed, the horse bill of sale can help forestall the possibility of any disputes that may arise over the change of ownership of a horse. In some states like Kentucky, Florida and California, one is legally required to use a horse bill of sale whenever they are selling, purchasing or transferring the ownership of the horse. The horse bill of sale is one of the most commonly used, most authentic proof of a sale/purchase and subsequent change of ownership of a horse. Advertisements Horse Bill of Sale- An Overview