NEED OF AN EQUINE ATTORNEY

Published: 07th December 2010
Views: N/A
Ask About This Article Print
Attorney who practices equine law known as Equine Attorney. They act in advisory capacity in equine related matters by counseling their clients regarding legal rights and obligations as well as providing all advices in all personal and business matters. They also create contracts pertaining to the horse industry such as contracts involving breeding, boarding, sales, insurance and transportation. Attorneys aid their clients in computing taxes for their equine business and exploring various tax strategies for them.
When it comes to purchasing horse, understanding how a good bill of sale for a horse sale works is highly important. Many issues need to be considered both by the buyer and the seller so that they can protect their interests and minimize liabilities and one of the best ways to protect their interests in a horse purchase deal is to have a detailed bill of sale. Most of the time people just write a simple document, or borrow a model from a friend as this may be a problem for both of the parties because it may not effectively protect their specific interests. Every horse purchase involves some unique situation which needs a specific document.
Many issues should be addressed in this document including warranties, identification, consideration and risk of loss. In order to have a document protecting your interests, you need to get in touch with an equine attorney, which holds specialization in this domain. An equine attorney will make sure that all of your interests are protected by covering all the legal aspects of the equine bill of sale and the names of the parties is one of the most important thing on the bill. You should have the parties' full names and addresses and don't forget to identify their capacity in the transaction.
An equine attorney knows the common mistakes done in drafting these agreements and will help you to be protected by the law. You must need to correctly identify the horse. Use all the unique features to identify the horse and if the horse has a member identification number, breed association or Jockey Club, make sure to list that. Also mention the horse's name, sex, height, age, breed and color to correctly identifying the animal.
Including warranties in the contract is to deal with the intended use of the horse. Whether the intended use is as a companion horse or as a grand prix jumper, you have to decide that it is warrantable or not. Another main term that it should be clearly declared in the contract is the risk of loss passes to the buyer. In this situation when the seller is no longer responsible for the animal and the buyer takes the responsibility for anything that happens to the horse.


Emiley David acts as a consultant for Cataneselaw and for more information see, business litigation attorney , horse law or litigation attorney.

This article is copyright
Source: http://emileydavid.articlealley.com/need-of-an-equine-attorney-1887326.html


Report this article Ask About This Article Print


Loading...
More to Explore
 


Ask a Professional Online Now
27 Experts are Online. Ask a Question, Get an Answer ASAP.
Type your question here...
Optional:
Select...