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These include a purchase receipt, your historic bills from vets or farriers and old insurance documents. In an ideal world, when you buy a horse, both parties should sign a contract.
Together with your experienced advisor, look at the horses teeth to check the age, do a thorough conformation check, feel the legs, look at the feet (ask the owner to pick up the feet), ask about the farrier, notice any lumps and bumps and query them. If the horse passes your inspection, ask to see it ridden.
Get a sale and purchase receipt drawn up. This should show the purchase price, any VAT that has been paid, the date, the name and description of the horse, preferably by reference to something in the passport, and should include details of any representations.
101 Questions to Ask When Buying a Horse How long have you owned this horse? What is the reason for selling? Do they have any vices or bad habits? Are they submissive or dominant? Are they registered? What are their personality quirks? Are they friendly or shy? Do you know their history?
Its essential to prepare for both the day-to-day and the unexpected. Youll need to buy the basics (like grooming supplies and tack) and set aside money for emergencies. Make sure you have backups for all aspects of your horses care, and dont forget to include regular training or lessons in your schedule.
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5 Things to Consider Before Buying a Horse What level of risk is the purchaser willing to assume? What is the purchasers level of experience? Does he or she own a farm or board? What are his or her goals? Is this horse being purchased to be sold in the near future?
The worlds largest horse marketplace is equine.com, which offers free advertising placement. Alternatively, you can select one of equine.coms paid ad types, which place your listing directly in front of buyers.
Heres how to do it: Include a signed transfer or bill of sale for each ownership change; this is required in addition to the original registration certificate. When multiple changes of ownership are being reported, the transfer fee is still $25 if the ultimate owner is a current member.
Create a Title for Your Contract. Explain the Particulars. Describe the Transaction. List the Buyers Responsibilities. List the Sellers Responsibilities. Include a Signing Section. Monitor Contract Performance.
Anytime you plan on selling, buying, or transferring ownership of a horse from one person to another, you will need a Horse Bill of Sale. This sales document is important in detailing everything related to the purchase and transfer. This is a legally binding document.

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