This is an example only. 
A contract that is agreeable to the buyer and to us
will be arrived at mutually.
Variables such as insurance coverage, payment terms and amounts,
who pays for care during payment/loan period, etc.
simply can't be covered by a generic contract.

 RESPONSIBILITIES FOR THE SALE/PURCHASE OF

«Horse» for $«Price».00 («Pricespell») dollars US currency

This is a simple contract describing the sale of the «YearBirth» horse, «Horse» (sire:  «Sire», dam:  «Dam») by Toni Perdew to Buyer, herein after also referred to as «BuyerName».  Each party will have responsibilities for this exchange such as follows:

 Toni Perdew will

• Feed, house, and provide reasonable care for «Horse» until up to «PUDate» unless other agreement is made

• Obtain insurance coverage for «Horse» once the first deposit/payment is received from Buyer if payments are being made for a weaned or older foal.

• Give possession of «Horse» to Buyer or his/her agent at least two weeks after payment of $«Price».00 plus any requested expenditures and insurance premium from Buyer is made in full

• Sign and mail AQHA breeding certificate papers, registration papers, or other necessary documentation, and transfer papers to Buyer after full payment of $«Price».00 is received and verified as valid

Buyer will

• Pay a $«Deposit».00 non-refundable deposit by «DepDueDate» to hold the horse, which will be applied toward the purchase price of $«Price».00

• Make payments of $«Pmts».00 or more per month until full payment is made, to be completed at least two weeks prior to the pickup date of the horse

• Pay for mortality insurance coverage on «Horse» from the time of the first payment until «Horse» has reached Buyer’s location. Insurance coverage is REQUIRED on any sale of a weaned foal or horse that includes partial payment and then scheduled payments over time, or a later sum to pay the horse off as it protects both buyer and seller in the case of a horse’s death. Foals not yet weaned do not require insurance coverage.

• Assume financial responsibility for the horse from the time of the first payment (to include vet bills, mortality insurance, transportation, and other costs, but not including reasonable feed costs through «PUDate»). This varies depending upon situation. Due to excessive and lengthy board times in recent years, we no MUST charge board for horses that are not picked up within 30 days of their purchase or weaning.

• Arrange and pay for transportation from the Perdew home to the Buyer’s home by «PUDate» unless other mutual arrangements are made

If Buyer decides to back out of the purchase of «Horse», the Buyer will the deposit paid toward the purchase of «Horse».

If Toni Perdew cancels the sale of «Horse» and keeps or re-sells him/her, she will return monies paid to Buyer for the purchase and care of «Horse» by the Buyer.

__________________________________    Date  __________________________

Buyer's Signature

«Address1», «City», «State»  «PostalCode»  «Country»  «HomePhone»

__________________________________    Date  __________________________

Seller's Signature

Toni Perdew, 3005 Lexington Ct, Bedford, IA  50833  712-523-3646 712-370-0851

This contract continues on the next page, labeled Sales 2.

Sales 1

(new page begins)

Buyer's Release

I/We, «BuyerName», agree to the purchase of this horse, «Horse», as is. This horse has been presented to my satisfaction. I have not been drinking, using any drug that could impair my judgment either legal or illegal.  There is no reason that I should not have a clear mind when I sign that I agree to the purchase «Horse».

I understand that I/we, «BuyerName», am/are responsible for all financial care of the horse once full payment has been made or partial payment has started, regardless of where horse is being kept.  Care will include all of the following, with absolutely no exceptions or deviations of previously set schedules: hoof care (if care is needed by someone other than the seller), vaccinations, and worming**(see footnotes below) until horse is paid in full.  Any injuries or illnesses that occur before the horse is paid in full will be the responsibility of the Buyer.  If the horse dies before paid in full, the Buyer will be responsible for paying the remaining balance on horse.  The Buyer also agrees that any other costs that may arise before horse is paid in full will be his/her responsibility.  The sellers will no longer be financially responsible for horse once payments have started. 

I understand that the horse is being sold as sound, with no known illnesses or injuries unless stated below, past or present. Horses are sold as is, and Cedar Ridge/Seller/The Perdews are not responsible for illnesses, injuries, or other health issues that become apparent after a horse is sold.

I understand that every effort has been made to satisfy me with my purchase.  However as with all things, sometimes occurrences are beyond our control. With this said, I understand that this sale is final and that I am satisfied that it was presented in an honest and fair way to me.  By signing, I agree to the sale of my own free will, and assure that I was not under duress or force of any kind to make this purchase or sign this form. I hold the seller harmless to any actions pertaining to this purchase either real or imagined, "neglect" or "fault".

I accept full responsibility for my decision and the consequences that go along with my decision on the purchase of this horse.  This includes the possibility of me or of others being injured or even killed in the Inherent Risks of Equine Activities.

By signing this form, I am stating that: I have read this two-page form, and understand what I have read, and agree to this purchase and contract.

__________________________________    Date  __________________________

Buyer’s Signature

__________________________________   

Buyer’s  Printed Name

__________________________________    Date  __________________________

Seller's Signature

__________________________________   

Seller's Printed Name

**footnotes:  The seller will provide adequate food that will maintain the horse’s weight and health as it was before the sale, until the exchange is made or until «PUDate».  Buyer will pay agreed-upon board fee beginning 30 days after purchase is agreed upon.

Sales 2

This page last updated 03/09/11