What Should Be Included In a Horse Bill of Sale
The horse should be identified in the bill of sale. It should include the details of the horse, and the details of the sale. At a minimum the following things should be included:
- Horse’s Name. This includes the registered name and stable/barn name. So if Majic Mighty Micheal is known as ‘Mikey’ around the stable then include both names.
- Registration number or other identifying marks. This may include a brand, tattoo or microchip information.
- Date of Birth. This is better than including an age. Date of birth gives a better description of the horse.
photo credit: bozo_z_clown
Horse for Sale Description
In addition to the regular colours and markings a detailed description, including location of whorls and scars that could be used for identification purposes. Although this may seem to be an extreme measure it can be helpful if selling a horse which has a show or race history.
Agree on the Purchase Price
Once the purchase price is agreed upon, include this in your Bill of Sale for the horse. Any payment plans, down payments or purchase agreements and terms should be outlined.
An example could be:
The purchase price for the described horse is ($ – insert purchase price here) and is payable according to the following terms.
It is important you have a certified cheque or cashiers cheque or cash. Do not accept a cheque from a personal account. This can be returned due to Non-Sufficient-Funds, or a stop payment can be made on it leaving you with no horse and no cash.
The Horse Should be Suitable
A paragraph in the purchase agreement should identify the method of recourse if the horse is not as the seller says. For example if the seller says the horse has no vices but the new owner finds out when the horse arrives at the stable with a vice that was not disclosed (such as weaving, or biting) there should be a method for the buyer to return the horse because it is not as the seller says.
photo credit: rhett maxwell
This protects the buyer from disreputable sellers.
What would you or have you included in your purchase agreement.