|Many Ponies Horse
This agreement is made between
Residing at _________________________________________
and Buyer _____________________________________________________________
Residing at __________________________________________________________
for the purchase of the Horse described below:
Registry and Number _________________________________________
1. PURCHASE PRICE
For the total of $____________________ Seller agrees to sell and Buyer agrees to buy the above described Horse. Purchase price will include cost for Brand Inspection. Cost of Coggins Test and Health Papers is the responsibility of Buyer. Buyer will pay for any vaccinations requested by Buyer.
2. PAYMENT TERMS
Deposit equals 10% of Purchase Price. Deposit of $_______________ on above horse received_________________
balance of $_________________ will be due on or before the date of delivery. Delivery is defined as occasion when buyer or his agent takes possession of above horse. Arrangements may be made for a payment plan. Payment Plans will be covered by a separate agreement. If the buyer chooses not to purchase above horse after the date the deposit is received, than the Seller shall have the right to retain the deposit.
3. DATE OF DELIVERY
Delivery date shall be ____________________________________________________________________________
4. BOARD FEES
Board Fees Start _______________________ Monthly Board Fee ____________. Board fees are due on a monthly basis. If board fees are not kept current, the sale of the horse may be cancelled. Board fees paid are non-refundable in the event the sale is cancelled due to Buyer not keeping board fees current. Any board fees paid will not be refunded if Buyer decides against purchase of above described horse. Boarding arrangements will be covered under a separate agreement.
4. RISK OF LOSS
If above horse should be injured, become ill, or die before Date of Delivery, money paid toward Purchase Price of above horse shall be refunded. This will include the Deposit and any board fees paid.
Seller covenants that he is the lawful owner of above horse: that he has the right to sell said horse.
6. TRANSFER OF OWNERSHIP
Once Seller has received payment in full and the horse has been delivered, Seller shall transfer all owner and registration papers of the horse to the Buyer. Acceptance of delivery of above horse by the Buyer or his Agent finalizes the sale.
The terms of this agreement shall be governed by the laws of the State of South Dakota.
SELLER: Mike or Melanie Pittman BUYER:_______________________________
SIGNATURE OF SELLER SIGNATURE OF BUYER
DATE ________________ DATE_______________
The above signatures bind this contract and both parties have a copy.