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Horse loan agreement

This loan agreement is suitable for leasing a horse or a pony for any purpose, including for competition, casual recreational riding and breeding. The advantage of using a written, comprehensive document like this one is that because each party knows what is expected, disagreements should be minimized and the horse should be looked after as the owner wishes.

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£21.00 ex VAT
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Solicitor approved Plain English makes editing easy Guidance notes included Money back guarantee

About this horse loan agreement

The British Horse Society (BHS) strongly advocates using a loan agreement regardless of whether you are the owner or the borrower. As well as forming a legal contract and protecting both sides in law, using an agreement like this one has several additional benefits over an informal or verbal one.

Firstly, it can be used for planning. The structure of the agreement forces both sides to think about what is important to them (such as the level of care the horse or pony will receive).

Secondly, it acts as a record of what was agreed, so it can help prevent misunderstandings once the loan is in force and before problems spiral out of control. Using a formal written document may seem unnecessary between friends, but it is in the interests of both parties, the long-term friendship and the horse.

The BHS produce a free horse loan agreement. We do not think it covers all the practical issues. The draftsman of the Net Lawman version has owned and ridden horses for 40 years. He has taken into account many more options based on the practical experiences of himself and others. The result is a document that leaves your interests better protected. Our version is easy to complete and very comprehensive.

The law relating to horse loan agreements

You are largely free to draw the deal you want with the other party. There is very little that can't be included in your contract for any legal reason. So, if you want to specify details like diet, you can do so, or you can keep the terms broad. We suggest including as much additional detail about points that matter to you. Bear in mind that you have to be realistic about whether the other side will be able to perform the contract and keep to their side of the deal.

When to use this agreement

This document could be used to loan:

  • A horse or pony to be ridden for a specific purpose such as training, competition experience, or conditioning
  • A brood mare to take a foal
  • A horse or pony to be ridden for recreation

It is suitable for any breed or type of horse or pony, from a racehorse to a Shetland pony.

Use the agreement to guide a discussion as to what the deal will be before you agree outright to the loan. By rising the points that the agreement covers you'll be able to assess whether the other party is someone with whom you would like to do business and what their concerns may be.

Features and contents

  • Expands on the BHS horse loan agreement
  • Suitable whether the loan is paid or free
  • Provides a record of what was agreed and prevents misunderstandings

The contents include:

  • Responsibilities of rider for care and maintenance including the condition of the animal, tack and supplies
  • Risk and insurance: sets out which party is responsible
  • Warranties relating to the condition and the history of the horse
  • Conditions of the loan that rider shall compete (optional)
  • Special provisions for brood mares (optional)
  • Supply to buyer of documents and record of achievement

Draftsman

This document was written and is maintained by solicitors at Net Lawman to comply with current English law.

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UK-AGReqc07 - Horse loan agreement
 
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Reasons to buy from Net Lawman

Guaranteed to be the right document

This document comes with a full money back guarantee. You take no risk that it might not be right for your situation. Once you buy it, we’ll give you 30 days to evaluate it in any way you want. If for any reason it's not right, just e-mail us and we’ll refund your money in full immediately. Read more about our guarantee policy.

Real law

Every document is drawn by an experienced, qualified lawyer and reviewed by another - just as in any law practice. We incorporate changes to the law quickly so that our documents are up to date. Read more about how we draw our documents.

Real world experience added

As much as possible, our documents and guidance notes incorporate practical angles that only lawyers with commercial experience could include. Our drafting team have not just many years experience advising clients in practice, but also have the experience owning and managing businesses in a wide variety of industries. Our documents aim to give you an edge as well as achieving a legal outcome. Read more about the Net Lawman team.

Plain language

We write our documents in language that everyone (and not just lawyers) can understand. Not only does this make your task of editing the document easier, but it also decreases the likelihood of another party breaking or disputing the agreement on the grounds of not having understood the terms. Read more about why plain English is important in legal documents.

Easy to use, even if you have no legal knowledge

Many of our customers are lawyers, but our documents don't require you to be one. Wherever it may be needed, our guidance notes explain the purpose of each paragraph, whether we recommend changing it, and what you might like to consider before you do so.

Our view is that, when editing our documents, you shouldn't have to worry about how to add legal wording. So our documents consider a far greater range of issues than our average customer will need, and because we avoid cross referencing paragraphs, we make it easy for you simply to delete what you don't need without affecting the rest of the document.

Support from lawyers if you need it

Our legal team is on hand to help customise a document in an unusual circumstances, or even to draft a document from scratch. Read more about our contract drafting service.

Buy once and reuse

When you buy a document from us, we grant you a licence to use it again. Keep the master copy safe and create new child documents from it whenever you need them. This applies to lawyers in practice as well as individuals and businesses.

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Immediately after payment, you can download your document from our website. We also deliver immediately by email, but delivery is out of our hands and may take a few minutes.

Contact us about this document

If you have any questions about this document that we don't answer in the text above, please contact us and let us know how we can help. We aim to reply within 24 hours.

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