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In this video tutorial, Doug Emerson from Profitable Horsemen discusses the importance of having a horse boarding agreement in place for professional Horsemen. He emphasizes the need for a contract tailored to the specific laws of your state and local community, stressing the importance of having it written or reviewed by an attorney. Having a comprehensive agreement can protect you in case legal issues arise, making it essential to have one that is carefully crafted to your individual needs. It is crucial not to use generic templates found online, as they may not cover all necessary legal aspects.