When purchasing the horse ensure you obtain a receipt for your money and you may also want to consider a sale contract. The sale contract should state the terms and conditions that the horse was purchased under. You may choose to include the following:
- The sale date and cost of the horse
- The name and signature of both parties (the buyer and the seller) and if possible a third party witness
- Description of the horse including name, age, colour, markings, height, sex
- A list of any documentation provided with the horse such as registration papers and the horse’s passport
- A list of any additional equipment sold with the horse including any tack and rugs
- Any conditions of the sale for example, if no money is exchanged but the ownership of the horse is formally transferred
- A statement of any known stereotypies, injuries or problems (recently or in the past) the horse may have
- A description of the horse’s abilities and a ‘fit for use’ statement
- A statement acknowledging that the horse will need a settling in period to adjust to its new environment
This list is purely for guidance only; legal advice should be sought on any documents to ensure they are legally binding. Access to a free legal helpline is one of the benefits of BHS Gold membership. Find out more information about becoming a BHS Gold Member.
The saying ‘Buyer Beware’ is applicable when purchasing a horse. It is important to ask as many questions as possible and having a sale contract can help if a dispute arises. Legislation is in place regarding the mis-selling of a horse, but the law can vary slightly depending upon if the horse was brought from a private seller or dealer. Once a horse has been purchased, if any disputes arise, legal advice should be sought.