Stable owner needs advice
 
 

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Stable owner needs advice

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    11-02-2010, 06:56 AM
  #1
Foal
Question Stable owner needs advice

Hello, I live in Iowa and own a boarding stable. We currently have a woman that helps with chores for board. She lives on our property now. Our problem is...when she started she had one horse and did chores for the board. She has since acquired 4 more horses. We neglected in the beginning to set up parameters and what is expected and how many horses she can keep at the barn.
We are looking at hiring a barn manager, leasing the place with the option to buy or sell the place in preparation of retirement.
The barn is incorporated, what do we need to do in order to set it up on a lease to own option? Is it easier to just hire a barn manager? If possible sell it outright???
I know this is very vague, but any suggestions would be appreciated.
     
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    11-02-2010, 08:17 AM
  #2
Banned
Sorry to say this but it sounds like it is best if you hire an attorney who has knowledge of horse businesses.

If you have a buyer I would say it is easiest to sell the place outright. Then the complications with your 'worker' will be much easier to deal with. Your agreement with them will be done once the property is not yours anymore.
     
    11-03-2010, 02:44 AM
  #3
Banned
Aaagh. I agree you need to call in a lawyer before she has 20 horses as your original agreement did not state a limit she could have. I don't know what a barn manager would do to help you, as right now you could not stop this person from owning 30+ horses.
     
    11-03-2010, 05:58 AM
  #4
Foal
Thank you, I hope to be able to sell the barn. I have already been looking into getting a lawyer. Why is it we need to collect horses!!! :) I know I have been given two off the track thoroghbreds in the last month. I am just a sucker for finding homes for the sweet horses.
     
    11-27-2010, 09:02 AM
  #5
Green Broke
Have you spoken to her about this problem? Can't you just give her the alotted notice time and ask her to leave? Perhaps you want to do "renovations" on her house or something.
     

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