This agreement is a simple way to protect yourself as a buyer of a horse or pony. It is very hard to ascertain whether a horse has any problems or vices at a viewing, even when a vet has assessed the horse's medical condition. By using this sale agreement, you obtain the seller's promise (warranty) that there are no undisclosed problems. If there subsequently turn out to be, then it is the seller who becomes responsible for them, not you. Using this document could not only save you thousands of dollars but also much anguish over dealing with a horse that you cannot ride.
This is a version of our horse sale agreement tailored for sellers rather than buyers. When buying a horse or pony, the buyer takes most risk in whether the horse is sound. A sale agreement therefore usually rebalances the risk back to the seller. This version is slightly different in that it protects the buyer slightly less and includes provisions that favour the seller rather than the buyer. If you are the seller, you are more likely to be better off presenting your own terms, rather than accepting those of the buyer.
This horse sale contract gives the buyer a great deal of protection if the horse is medically unsound or if the condition is not as the seller described. It is impossible to test everything that might be wrong at a viewing - your new horse might behave perfectly in the seller's arena, but might be impossible to handle at events. This agreement won't prevent those problems, but it will ensure you can seek compensation. If there is a lot at stake (financial or otherwise), a comprehensive agreement like this one is a must.
This option agreement binds the owner of a horse or a pony to a future sale if the prospective buyer decides to buy. It is used where a prospective buyer is seriously interested in buying, but wishes to wait before agreeing to buy. The prospective buyer pays the seller to be given the right to buy at a later date when he has better information about the value of the horse.