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In this video, Polly from Blue Ribbon Law discusses essential considerations for boarding stables, especially for those running, building, or purchasing one. She emphasizes the importance of avoiding three major mistakes that can jeopardize investments. Common issues faced by stable owners include dealing with non-paying boarders, abandoned horses, and liability from injuries. Most of these problems arise after the fact, highlighting the need for proactive measures. The most critical point discussed is the necessity of proper documentation, which should include a boarding agreement and a release form to protect the stable and its owner.