Horse sharing agreements

Horse sharing agreements may seem a little too formal for arrangements that are primarily for enjoyment, but they do reduce the risk that the deal goes sour later on. These easy to edit agreements have been written by a lawyer with many years of equestrian experience and cover the matters that might lead to disagreement, for example: whose responsibility is it to call the vet, who stables the horse and when can each owner ride, and so on.

    Templates

    Horse sharing agreement: competing

    This is a shared ownership agreement for a sport horse, where one of the owners is a competition rider, and the other a financial backer.

    Sharing ownership of a sport horse has advantages for both the rider a backer. It can give a rider a financial or motivational incentive to perform, and it can reduce the upkeep costs and the responsibility of the backer.

    Just as in any business arrangement, an informal agreement can lead to numerous problems later. The aim of this equine sharing agreement is to set out not only a record of ownership, but of agreed responsibility: for management, care and competitions. With it, backers will find that they aren't just a source of finance.

    Matters covered include:

    • Safekeeping of any passport and other records
    • Care standards, and location and terms of stabling
    • Agreement in which events to compete
    • Expenses
    • Third party services: including vet, farrier and physio
    • Termination of the agreement

    Horse share agreement: recreational riding

    3 Reviews

    Horse sharing is a fantastic way of reducing the costs of ownership. However, many informal arrangements turn sour because of disagreements about cost or responsibilities for care, access and use.

    This agreement sets out ownership and responsibilities. It covers a lot of points, and is suitable for both high value and low value transactions.

    We haven't used any legal jargon, so the document doesn't seem overly formal for an agreement between friends. It will however, protect your investment in the equine, and help prevent disagreements.

    This agreement could be used when:

    • buying a new horse with a friend and sharing costs and riding time
    • selling a share in an equine you already own in order to reduce your financial or time commitment to looking after it
    • buying with someone else to allow a third party to ride (such as buying with an ex-husband, where the rider will be your daughter)

    CallTalk to us about sharing your horse

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    Written in plain English

    We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

    Notes
    Guidance notes included

    You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

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    What customers thought
    Good Starting Point
    I bought the basic Horse Share Agreement. It was a really good start point for both sides to consider and expand on how we address issues that may arise. I also had email feedback from Net Lawman on some extra questions; responses were quick and helpful.

    The agreement is now in place with various added points - and added peace of mind compared to a verbal agreement and handshake! A recommended start point.
    James Collins
    Good basic agreement
    A good basic agreement form for anyone intending to jointly own a horse.
    Julia Humphrey
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