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Polly from Blue Ribbon Law discusses essential considerations for those involved in boarding stables, whether running, building, or purchasing one. She emphasizes the importance of avoiding three significant mistakes that could jeopardize investments. Common issues faced by stable owners include non-paying boarders, abandoned horses, and injuries on the property—often identified only after problems arise. A crucial mistake identified is the lack of proper documentation. At a minimum, a boarding stable should have a boarding agreement and a release form to protect both the owner and the horses, emphasizing the need for proactive measures to mitigate risks.