Split ownership? - Page 2 - The Horse Forum
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post #11 of 13 Old 07-19-2014, 03:07 PM
Join Date: Dec 2013
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NO, No, and No-this is a situation that always starts out pretty and perfect and usually ends in fighting, bad feelings and then a legal mess (especially if you do it informally with a "friend").
Yes it's nice to split expenses but you'd better have a team of lawyers on hand to straighten out the mess that follows! I've seen it happen many, many times.

If you can't quite swing the expense of owning a horse, leasing is the next best thing. Just make sure you get an iron-clad signed lease agreement to protect both you and the leaser-these situations are also prone to disaster if you don't!
Chasin Ponies is offline  
post #12 of 13 Old 07-19-2014, 07:22 PM
Join Date: Oct 2011
Location: west coast
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Normally I never would, and I will advise people against it every time. 9/10 times it is a very poor idea. BUT I do co-own a mare with my ex boyfriend. It works out just fine. Long story short, we were together 6 years, common law, but always better off as friends. His family had been into horses when he was younger, I wanted to lease said mare - he bought said mare instead. We've remained good friends and he is at the barn every day to clean her stall/groom her/ride her and everything else that goes along with ownership. I ride the mare as well, she's my hunter horse and I could never afford a horse like her on my own, but we simply do not have the bond that ex-boyfriend and her do. My other mare is my heart horse, and I do love this mare and will never part with her, but ex boyfriend and her are like two peas in a pod so he stays co-owner.
beverleyy is offline  
post #13 of 13 Old 07-20-2014, 08:07 AM
Join Date: Sep 2013
Location: Italy
Posts: 508
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No no no no no don't do it.

Split ownership is great when you are not emotionally involved with a horse; if the horse is for you just a mean to gain money (racehorses, broodmares) then it's cool, owners just split the money and usually one or both are not even the ones who handle the horse.

If you want a personal horse, buy a personal horse. A shared ownership might only lead to a disaster.
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