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First right of refusal

This is a discussion on First right of refusal within the Horse Law forums, part of the Horse Resources category
  • First right of refusal papers horse
  • First right of refusal of paper

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    11-10-2011, 03:59 PM
  #11
Started
Quote:
Originally Posted by iridehorses    
But then she would lose out on the markup or commission.
Oh that? I told her the same thing.. send them. Forgot this was a motive to some...
     
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    11-10-2011, 03:59 PM
  #12
Weanling
Quote:
Originally Posted by iridehorses    
But then she would lose out on the markup or commission.
She's out anyway you look at it, once she refused the first offer, so if she really wants one of these students to have the horse, that is the only option.
     
    11-10-2011, 09:14 PM
  #13
Weanling
I think the fact that she offered the appy gelding instead and THEN got crazy once the pony was brought back up was weird. Besides, in this market I'd think it would be a good idea for the seller to just sell the pony back but if she'd rather get hung up about something stupid and keep paying the pony's feed and board until he sells then that's her problem.

I'm sorry all this is turning out to be so difficult but some people are just jerks. If one of your students is interested, just send them along, I think. Not too much else you can do. :(
Ray MacDonald likes this.
     
    11-10-2011, 09:36 PM
  #14
Trained
Quote:
Originally Posted by iridehorses    
But then she would lose out on the markup or commission.

Yup. She sure would, and as evidenced in her previous threads, $$ is huge in the world of this particular OP. OP-if you care about your clients getting a good pony, you might want to forego this and just send them her way. THink of it as an investment in your future, as after all, I would think they would bring said pony back to your place for lessons and such.

Not only is everyone right-you WERE offered to purchase the horse. Long ago. You turned them down. Not only that, but really "right of first refusal" is not worth the paper it is written on, and really depends upon the goodness of their heart to contact you if they sell.

Personally-if you contacted me to buy back a horse and told me you were going to use it in a lesson program-I would tell you to take a hike too. JMHO.
     
    11-10-2011, 09:53 PM
  #15
Banned
I don't know how any of this works, as I have never sold a horse. All of my horses are mine forever... I'm just subbing because I find this debate fascinating.
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    11-10-2011, 10:18 PM
  #16
Trained
There's nothing immoral about selling a horse for a profit and there is no moral high ground in losing money. The OP said she had sent buyers to the owners when she couldn't buy the pony but they didn't work out.
     
    11-10-2011, 10:22 PM
  #17
Trained
Kevin-that was nearly a year ago, the way I read it. The pony is now advertised for sale, and she has other clients.
     
    11-11-2011, 07:23 AM
  #18
Showing
I hate to put it this way but a smart business person would have already figured this out instead of asking the opinions of strangers on the internet. She would already have purchased the pony through a friend and moved on. The question simply makes no sense since it looks like she wants to take legal action and is looking for back up.

The "strange" email telling her not to contact them again seems off and makes no sense from someone who wants to sell a pony - there seems to be something missing to make a seller react that way. It could be that the OP threatened to use the "contract" if they didn't sell her the pony back. I don't know ... there is more to this situation that we don't know.
     
    11-11-2011, 11:17 AM
  #19
Showing
That's my take on it too, Iride. The OP is probably leaving out some information in order to make herself look like the innocent, injured party.
franknbeans and WickedNag like this.
     
    11-11-2011, 02:52 PM
  #20
Started
After reading about different stables and boarding issues ... sure makes me appreciate boarding at a private farm where my horses are the only ones there.
     

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