Horse Bill of Sale
THIS AGREEMENT, for good and valuable consideration receipt of which is hereby acknowledged, dated made by and between , residing at hereinafter referred to as Buyer (“BUYER”), and , residing at , hereinafter referred to as Seller (“SELLER”). These parties warrant that they have the right to enter into this AGREEMENT.
The parties hereby ACKNOWLEDGE that this AGREEMENT is made for the purchase and sale of a horse, described as follows in paragraph one (1) below, on the following terms and conditions as set forth herein.
NOW THEREFORE, for good and valuable consideration, receipt of which the parties hereby acknowledge, the parties AGREE AS FOLLOWS:
1. DESCRIPTION OF HORSE
Registration Number (if applicable):
Insurance details for the horse described in paragraph one (1) of this AGREEMENT is as follows (if applicable):
In consideration of the total sum of () dollars, SELLER agrees to sell and BUYER agrees to buy the said horse described herein above in paragraph one (1) on the terms and conditions further set forth herein.
4. PAYMENT TERMS
The purchase is for cash and BUYER agrees to pay as a deposit on the ; and, BUYER further agrees to pay the balance due of , on or before .
5. REGISTRATION AND OWNERSHIP TRANSFERS
Upon confirmation of payment in full as set forth in paragraph three (3) above, SELLER agrees to promptly execute all necessary papers and to take all necessary steps to transfer ownership and registration of the animal to BUYER at no cost to the BUYER.
(A) SELLER warrants s/he has clear title to said horse;
(B) SELLER makes no other warranties, express or implied, including the warranties of fitness for a particular purpose except as may be otherwise provided for in this AGREEMENT;
(C) SELLER warrants the following (if applicable):
(D) BUYER warrants that BUYER has had the option to review the condition and health of the horse, including any veterinarian examinations, at BUYER’s expense. In the event BUYER has the horse examined by a licensed veterinarian as indicated in this paragraph E(4), then that veterinarian examination shall be attached hereto as Exhibit A.
(E) In the event said horse shall not meet any of the above warranties at the time of delivery, provided same is discovered within days from the date of delivery to BUYER, SELLER agrees to do the following:
7. RISK OF LOSS
(A) Pending delivery to Buyer, which delivery shall be memorialized by BUYER’s signature on a receipt for delivery, SELLER shall assume the risk of loss of said horse, and upon receipted delivery to BUYER, BUYER shall assume the risk of loss.
(B) In the event of the loss of the horse prior to receipted delivery to BUYER, SELLER shall return to BUYER any deposit paid by BUYER.
Upon material breach of this AGREEMENT by one party the other party shall have the option to terminate same. On any breach, the other party shall have the right to recover expenses and costs within the parameters of paragraph I, below.
This Agreement shall be governed by the laws of the State of in the country of , provided however, the parties agree to required Mediation and Arbitration of any disputes relating to this transaction. Any legal action commenced to enforce or interpret this Agreement shall be brought in state or federal courts with the appropriate jurisdiction, located in (City) in the country of (State), (Country). The parties hereto consent to both venue and jurisdiction.
9. ENTIRE AGREEMENT
This AGREEMENT constitutes the entire AGREEMENT between the parties. Any modifications or additions must be in writing and signed by all parties to this AGREEMENT. No oral modifications will be considered part of this AGREEMENT unless reduced to writing and signed by all parties before a notary.
10. SELLER ACKNOWLEDGEMENT OF AGREEMENT TERMS AND SIGNATURE
(A) BUYER and SELLER confirm they understand that this document is being provided to me by Pegasus App LLC for my convenience and in no way involves, includes or infers inclusion of the Pegasus App LLC in any actions, events or activated related to this AGREEMENT.
(B) BUYER and SELLER agree that in the event that a civil, criminal or common law suit arises from actions, activities, misunderstandings or events, pertaining to this AGREEMENT, I indemnify Pegasus App LLC of any and all liability and/or involvement in the law suit, including prosecution in said law suit.
Signers identity: BUYERSELLER
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Document Name: Horse Bill of Sale
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