Before purchasing
   

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Before purchasing

This is a discussion on Before purchasing within the Horse Talk forums, part of the Keeping and Caring for Horses category
  • +purchasing horse procedure
  • Sale of unregistered quarter horse without bill of sale

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    01-21-2012, 01:31 AM
  #1
Foal
Before purchasing

Hello to all, I am new on this forum and will be purchasing my first horse very soon. I have one question. I am looking at a horse at a small family farmwere my friend works. The owner has a horse for sale that is really perfect for me. Thre horse Was owned by a vet who has not showed up to pay boarding fees for over 6 months so the owner is selling me the horse for 2500. Is this leagal? The horse is a un regestired quarter horse. What do I need to do assure I don't get stuck in a sticky situation? Just a bill of sale? Any advice is welcomed.
     
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    01-21-2012, 01:47 AM
  #2
Banned
I believe it depends on which state you are in and what written agreement the barn owner has with the vet.

Anyway of finding out what the boarding agreement says? Anyway of knowing if the barn owner would be willing to take this to court to make it happen?
     
    01-21-2012, 10:36 AM
  #3
Banned
In those situations, it is always the middle man that gets stuck. In case the sale is voided by litigation, the vet would get the horse back and the seller has your $2,500, and you are stuck with trying to sue the seller separately to get your money back.

If it were me, I would not buy the horse until the seller could provide some form of unquestionable documentation that they were the legal owner of the horse and therefore had the right to sell it.

I would also add that unless the horse is extremely successful at whatever it is he does, $2,500 is a bit much to pay for an unregistered Quarterhorse....
aggiegirl14 and gingerscout like this.
     
    01-21-2012, 11:17 AM
  #4
Green Broke
Is this a duplicate thread? I could swear I answered this exact post earlier today and there were several other responses in that thread - none of which are visible in THIS thread......?????? OP, you may want to ask the mod team to see about merging your threads - it makes it difficult for you to follow the responses and for others to respond with the best information/advice when things are scattered throughout multiple threads.
     
    01-21-2012, 11:33 AM
  #5
Yearling
Im sorry in this market I wouldnt pay $2500 for most horses.. unless they were truly worth it even after the deflated values now.. especially a unregistered qh.. look around for $2500 now you could get one heck of a well broke good horse.. I see a lot in the $1000 range or less now that would have been much more a couple of years ago
     
    01-21-2012, 11:39 AM
  #6
Green Broke
I knew I wasn't crazy:
Advice on purchasing first horse
     
    01-21-2012, 12:06 PM
  #7
Showing
So long as there is a clause in the boarding contract that states no pay for X amount of months = we will sell your horse. I would ask others' opinions on this horse to see if it's worth 2500.
     
    01-21-2012, 12:07 PM
  #8
Trained
In most states there's a procedure that has to be followed before a horse can be sold for back board. Most of the time the barn owner's can sell off a horse and there won't be a problem, but in case there is it's better to make sure all the legal i's are dotted and t's are crossed.

Also, in most states the horse must be auctioned off and any money in excess of what is owed given to the former owner. $2500 for 1 horse for 6 months sounds pretty steep to me unless he's in a show barn with a really nice stall and LOTS of shavings and hot and cold running barn help.

I'd pass on this horse unless the BO can show you court paperwork where the ownership of the horse has been legally granted to him.
     
    01-21-2012, 03:11 PM
  #9
Foal
I posted it in 2 places becouse I didnt know were it really belonged I talked the owner and the vet will be providing a written document stating that he is giving up right to the ranch owner due to failure of monthly boarding fee also around here in the san francisco california bat area you wont find many broke wuarter horses for under 2500 even I they are not registered
     
    01-21-2012, 03:38 PM
  #10
Green Broke
Get ahold of said vet, find out how much board is owed and just pay the back board in exchange for the still legal owner (the vet) selling you the horse.
     

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