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In this video, Polly from Blue Ribbon Law discusses key considerations for individuals involved in boarding stables. She identifies common scenarios, such as running, building, or buying a boarding stable, and emphasizes the need to avoid three major mistakes that could jeopardize investments. Drawing from her experience with stable owners, she highlights issues like non-paying clients, abandoned horses, and property injuries. A critical mistake is the lack of proper documentation, such as a boarding agreement and a release form, which are essential for protecting the stable's interests and minimizing risks. Understanding these aspects is crucial for stable management success.