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Horse Loan Agreement Download

The owner has agreed to borrow the following horse from the Guardian: horse owners may end up with a horse they grew up on, but don`t want to sell. In these situations, lending can be the ideal solution, as it allows the owner to keep ultimate control of the horse`s future, while someone else takes care of the daily work and care costs. The BHS creates a free horse credit agreement. We do not think it covers all practical issues. The designer of the Net Lawman version has owned and horses for 40 years. It has taken into account many other options based on the practical experience of oneself and others. The result is a document that better protects your interests. Our version is easy to complete and very extensive. The British Horse Society (BHS) strongly supports the use of a credit agreement, whether you are the owner or the borrower. In addition to the constitution of a legal contract and the legal protection of both parties, the use of an agreement like this has several additional advantages over an informal or oral agreement. This Agreement shall be held on the date of _____ I confirm that it is bound by the terms described in this Agreement.

For a loan to work well, both parties must agree on their responsibilities and ensure that all eventualities are foreseen, especially what will happen if the loan ends unexpectedly. We strongly recommend that you enter into a written agreement. Make sure the agreement is acceptable to both parties. Don`t accept something if you don`t intend to put it into practice or you don`t agree. A credit agreement is an important way to reduce risk and protect the owner, the borrower and, of course, the horse. Be sure to consider all factors before lending your horse, especially the horse`s suitability, as well-being is of the utmost importance. Does your horse, for example, have an illness that requires special care, or is your horse older and going to a companion? Your horse will be out of your daily control and there have been opportunities to lend horses to people considered trustworthy, but the horse unfortunately ends up in a neglected state. We always recommend that you ask for references for potential credit institutions, visit the credit house, and then visit your horse regularly to check his health and well-being. The law requires that a passport remain with the horse. Therefore, the passport must be kept by the person who has the primary maintenance of the horse if it is not the owner.. .

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