08-22-2011, 09:28 PM
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We "Owe" A Breeding - Advice Please
Last year we bought a pair of ponies off of a family friend, both are registered POA's, one is still an amazing performance pony and the other has a perfect temperment, bloodlines, etc. both make spectacular brood mares. We got the two of them together cheap because she couldn't afford to keep them, but in that deal an agreement that we owed her one more breeding out of the second pony. Which is fine, my sister has nearly outgrown her completely anyway but I'm still worried. She's between 14-16 (everyone has a different opinion on her age, papers are currently 'hiding'), but since she has been a broodmare most of her 'adult' life I'm not too worried, but what sort of contract should we write up and how much in insurance, etc. should we have arranged? She will be paying for all care, etc (I wont let it happen if she doesn't, it was a verbal agreement but we're not going to back out of it) but how should we go about it should she stop paying "insert fees here", as in- she doesn't pay, foal is surrendered to us?