A sharing agreement for two joint owners of a horse or pony who ride for pleasure
About this document
These are documents to govern the fractional (joint) ownership of a horse.
Who will use these documents?
• Professional equestrian riders and trainers
• Individuals who want to ride but perhaps lack equestrian facilities
• Individuals with a view to making profit by putting their horse into competitions
Which to use?
This Document is most suited to a situation where one party owns the majority of the horse and the other agrees to exercise and maintain it. For example, you might have a next door neighbour with extensive equestrian facilities who is willing to deal with the horse on a daily basis whilst you prefer to ride only at weekends.
This document has been drafted specifically for parties who will enter competitions where there is a view to profit between the parties.
Application
and features
Comprehensive joint ownership document for a horse or pony
Sensible and practical provisions for shared ownership
Written in plain English
Explanatory notes to guide you
Contents
Details of the parties
Details of the horse
The essence of the agreement
Legal ownership (either equal or in whatever proportions you decide)
Horse’s passport – who retains and ensures it is up to date
Where the horse is to be kept and maintained
Expenses – who pays for what
Termination – under what circumstances
And many other provisions to protect your interest
Word
Count (approximate):
Document: 1120
words
Explanatory notes:
570
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
