As a follow-up to last Thursday’s post, Tips for Equine Pre-Purchase Exams, the following is a guest post by veteran Kentucky equine lawyer, Joel B. Turner, with valuable information concerning pre-purchase exams and other steps buyers can take to protect their interests in a horse sale transaction.
"As a ‘horse lawyer’, people usually do
Happy Tuesday, Equine Law Blog readers! I hope you find this guest post by my friend and colleague, Dutch equine attorney Luc Schelstraete, both interesting and informative.
"Pursuant to European legislation, a horse that is delivered to a buyer in a horse sale transaction needs to meet up to the purchase and sale terms agreed
A Texas caller bought a horse without getting a pre-purchase exam. The caller has emails from the seller that say the horse “never took a lame step” and was “always sound” while the seller owned the horse. The horse became lame about two months after the caller got him home, and the caller’s veterinarian speculated
It pays to get your horse sale agreements in writing. Both buyers and sellers should pay careful attention to the "warranties" section of any agreement.
The Equine Law & Business Letter reports that a federal court in Arkansas ordered a seller to pay almost $100,000 in damages for breaching warranties in connection with the sale of
You do not have to risk being the victim of fraud or other legal issues when you set out to buy a horse at auction. Listed below are some ways prospective buyers can protect their interests and their equine investments:
1. Choose the Right Agent. No license is required for bloodstock agents to conduct business.