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The horse bill of sale is a legal contract that confirms the transfer of ownership of a horse in a transaction from one person, the seller to another, the buyer. Besides the selling/buying of a horse, a horse bill of sale can also be used when giving away a horse as a gift. In this case, a bill of sale is helpful in documenting the ownership transaction for legal or tax purposes.

The horse bill of sale is the most authentic proof of the transaction and the subsequent transfer of ownership. When it is fully executed, it forestalls the possibility of a dispute over ownership arising at a later time. However, if a dispute ever arises or if there are legal concerns, the bill of sale quickly clarifies any ambiguities about the ownership of the horse. Furthermore, since the document touches on the welfare of the horse, the buyer is assured of the health status as well as the pedigree of the horse. It guarantees to the buyer that the horse is free from any debilitating or crippling disease.

How to Write : Horse Bill of Sale

Step 1: Enter the date of the execution of this agreement
Step 2: Enter the name of the buyer followed by his residential address
Step 3: Enter the name of the seller followed by his residential address

Under ‘‘Description of the Horse’’

Step 3: Enter the name of the horse
Step 4: Enter the age of the horse
Step 5: Enter the color of the horse
Step 6: Enter the breed of the horse
Step 7: Enter the sex of the horse
Step 8: Enter a description or the name of a tattoo on the horse (If any)
Step 9: State the size of the horse

Under ‘‘Consideration’’

Step 10: Enter the total purchase price in figure in the space provided and in words in the bracket

Under ‘‘Payment Terms’’

Step 11: Enter the amount being paid as deposit followed by the date of payment of the deposit
Step 12: Enter the amount to be paid as balance followed by the date on which this amount is to be paid
Step 13: Enter the warranty given by the seller
Step 14: Enter the number of days after delivery of the horse within which the buyer must discover any variance that negates the warranty given by the seller to be able to seek redress
Step 15: State in detail what the seller would do to redress any situation that negates the warranty he has given if any anomaly is discovered within the stipulated days stated in the agreement
Step 16: Enter the name of the state whose laws will govern this agreement
Step 17: Enter the state where this agreement is being executed
Step 18: Enter seller’s name and his address beneath his name
Step 19: Enter buyer’s name and his address beneath his name

The importance of a horse bill of sale makes it a relevant document. Even if none of the parties involved is a professional trainer or horse rancher, there is a guarantee that the deal would be done right. Moreover, it gives the buyer assurance that he is buying a horse of the pedigree that he desires and if he ever finds out that this is not so, he can use the form to seek legal redress.