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    [RC] Horse Sale or Lease Issue Contract - Roger Rittenhouse


    I wrote and agreement with the owner of my new horse - pickup on
    Monday.
    It is a 6 month lease- with option to buy and apply lease to sale
    price.
    I added prepurchase exam at UT AFTER I take the horse. I would never
    trust a  vet  I did not know- in this case- to perform the full exam I
    would be requesting. There was-is no way to get the horse
    to UT from Kty for an evaluation without me taking him there.
    I also stated suitability for purpose, not just sound etc but suitable
    for use as an endurance horse. However I would not be adverse to
    signing a statement about the condition of the horse at time of
    possession.
    
    The exam will consist of xrays - all 4 wheels-  running gear, blood test,
    full soundness exam.
    My shoer and a trainer-friend is in on the process.
    If there was problem, the open ended lease is the way out even if he
    failed to come up to my specifications. I could loose the lease
    payment and would have to return the horse.
    
    Since I am getting the horse from a reputable breeder and since he has
    not done much, I really dont expect any problems or un-disclosed
    un-noted issues.
    But the lease and final sale is based on the exam and evaluation at
    my vet- in this case Univ of TN.
    
    I have the full mortality and accident insurance for the full price-
    in the owners name. The cost of 'loss of use' insurance was too high
    and this firm will provide that level of coverage on horses under
    10K$.
    No need to worry there since I surely would not buy a 10K$ horse.
    
    I will know more next week after we get to know each other and then get
    to UT within the first week he is here.
    The lease agreement says I will be responsible for the care and
    maintenance of the horse. The legal words are there that would
    protect the seller from me wrecking the horse and trying to return
    him.
    
    In the horse sales business nothing is absolute. All depends on the
    motivation of the sellers and buyers.
    
    After being burned once with 'a medium dollar' horse, I felt a try it
    before I buy it approach is better- this time.
    -- 
     Roger                          mailto:roger@xxxxxxxxxxx
    
    
    > From: Trailrite@xxxxxxx
    > Subject: Re: [RC]   contract for selling a horse
    > 
    >        You should never let someone take a horse home without having the 
    > pre-purchase exam done first.
    
    
    
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