Horse sales

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PURCHASE AGREEMENT HORSE

 

THE UNDERSIGNED:

 

1. Mr./Mrs. …………………………………….., hereafter to be referred to as the

 

“seller”

 

2. Mr./Mrs. ……………………………………..., hereafter to be referred to as the

 

“buyer”

 

TAKING INTO ACCOUNT THAT:

 

- The Seller(s) is/are the sole owners (It is not always necessary for the seller to be the owner of the horse, but also a non-owner may qualify as seller of the horse. In the case of sales through intermediaries it is wise to mention the applicable construction to forego possible misconstructions) of the horse ……………. (Name), …………………… (Date of Birth),

 

………………………… (UELN Registration number);

 

- The horse is sired by …………………………………;

 

- The horse possesses a chip number ………………….………;

 

- The seller agrees to sell to buyer and buyer agrees to buy from seller abovementioned horse under the terms and conditions further set forth in this agreement.

 

HEREBY DECLARE TO HAVE AGREED UPON THE FOLLOWING:

 

1. Seller declares to have sold to buyer and buyer declares to have purchased on the ……………………….. the horse ……………………………, hereafter to be referred to as “the horse”, for the amount of

 

………………………… EUR

 

2. Buyer acknowledges to be aware that …………………………………..

 

3. Buyer has taken note of the following documents:

 

…………………………………………………………………………………………..

 

4. The under point 3 mentioned documents shall be handed over by the seller to the buyer upon delivery of the horse to the buyer.

 

5. The Buyer shall have the horse examined by a veterinarian at his own expense or expressly refrain from having a pre-purchase veterinary examination of the horse. The buyer is entitled to appoint a veterinarian himself provided such veterinarian is established within a ………… kilometre radius from where the horse is stabled, and the examination takes place at least one week before the delivery of the horse.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6. Should a veterinary examination of the horse lead to the detection of unacceptable physical defects or other abnormalities, this agreement shall be dissolved. The buyer shall not be obliged to purchase the horse.

 

7. Buyer is ought to ensure that the purchase price of ………………………. is paid to following bank account ……………………., before physical delivery of the horse takes place.

 

8. In the event that delivery does not take place on the ……………………., due to circumstances that could not have been foreseen by the seller, delivery shall take place once such circumstance has ceased to exist but not later than 2 months after the conclusion (signing) of the purchase.

 

9. In the event that the seller is not able to deliver the horse due to the horse’s unfitness and/or incapacity, and the latter lasts more than 2 months after the conclusion of the contract, the purchase agreement shall be dissolved. Seller shall be excluded from all liability in relation to damage suffered or to be suffered by the buyer as a result of non-delivery of the horse nor shall buyer be entitled to require performance of the seller.

 

10. Buyer declares to have accepted the horse in the condition it is in at the time of delivery. Seller provides not guarantees as to the horses development as a sport horse.

 

(10) Seller declares the horse to be suitable for the particular purpose for which it is purchased by the buyer, namely …………………………………..

 

11. The buyer is aware that the seller has insured the horse with……………………………………. Insurance will come to an end at the time of delivery of the horse. From that moment onwards the buyer is free to insure the horse him/herself.

 

12. Upon the Transfer of Possession of the Horse (as intended and specified by the parties to the purchase agreement), Buyer assumes all risk of loss or injury to the Horse.

 

13. This agreement is governed by Dutch law. Any legal dispute arising from this agreement shall be heard exclusively before the District Court in

 

…………………………..

 

IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written.

 

……………………………. …………………………….

 

SELLER                        BUYER