Horse share agreement: recreational riding
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)