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Stallion syndications are contractual agreements where multiple parties combine their financial resources to purchase a stallion for breeding purposes. Each contributor or owner owns a fractional interest in the stallion, typically entitling them to one breeding right per breeding season.
Are horse racing syndicates worth it?
Racehorse syndicates are a cost effective way to play at the top table of racing for an affordable cost. You have fixed costs each year, knowing your liabilities in advance. Unexpected bills or costs do not catch you off guard. Plus, you enjoy all the advantages of racehorse ownership at a reasonable expense!
How does horse syndication work?
A horse racing syndicate allows a group of people to collectively own a racehorse by pooling their resources. Instead of bearing the full cost of purchasing, training and maintaining a horse alone, syndicate members share the expenses.
What is a stallion syndicate?
At the most basic level, a stallion. syndicate involves multiple ownership of the stallion, and each. ownership interest (often called a fractional interest or a. share)4 entitles the owner to certain defined annual breeding.
What is the structure of a horse syndicate?
A syndicate is a group of between 3 100 people. Horse(s) will race under the syndicate name and carry the syndicate colours. A syndicate has one agent responsible for administration and management. All syndicates are required to have a syndicate agreement and code of conduct.
racehorse syndicate agreement
Horse or stallion syndication agreement templateHorse or stallion syndication agreement template wordHorse or stallion syndication agreement pdfHorse or stallion syndication agreement california
Syndication refers to a co-ownership of a horse, also known as a co-ownership agreement when made between two or more people. Each owner owns a fractional interest in the animal and the original owner is the syndicator and the manager.
How does a racehorse syndicate work?
A syndicate is a form of shared ownership where the members own, or lease, an interest in one or more racehorses and make a financial contribution to their purchase in return for legal or equitable title to the horse. Additionally, you will share the costs (for example training fees, travelling and veterinary).
syndicate agreement
Stallion Syndicates as Securities - UKnowledge
by RB Campbell Jr Cited by 25 The terms and conditions of stallion syndicates may vary but one generally will find substantial uniformity among the various stallion syndicate agreements.
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