When you sell a registered Thoroughbred in a valid foreclosure sale, you may or may not be able to obtain the Certificate of Foal Registration (i.e. the “Jockey Club papers”) from the original owner. In either case, pursuant to Rule 9 of the Jockey Club’s American Stud Book, you or the buyer must provide the
Breed Registry
Transfer of Horse’s Papers After Lien Sale
When you sell a horse at a lien foreclosure sale, you will want to transfer its registration papers into the name of the buyer at auction, whether that be you or a third party. Most breed registries have policies and procedures relating to horses purchased in a lien foreclosure. Depending on the breed registry, you…