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  1. #1
    Join Date
    Oct. 20, 2008

    Default buying & selling greenie

    I'm not new to horses...but took a lot of time away from them. Am in the market to buy. I'm looking for tips/education on the current "language" of deals. Thanks

  2. #2
    Join Date
    Oct. 20, 2008


    Let me be a little more specific...

    Lease w/buy option: Do you settle on a price at the beginning of the lease or negotiate when you decide to buy?

    Trials: No clue on how they work. Do you pay for the horse and then have a "return" policy or do you give a deposit and then buy if you want to keep it?


  3. #3
    Join Date
    Aug. 17, 2004
    Rixeyville, VA


    A lease w/buy option generally has the purchase price set and the purchase time period. It also has specific language about the buyer defaulting, the standard of care, and other requirements.

    A trial is negotiable. I wouldn't allow one off my farm because of the risk of the horse getting injured in a new setting. However, others do allow trials. Like a lease option, it's all entirely negotiable and that includes the deposit/purchase price.
    Where Fjeral Norwegian Fjords Rule

  4. #4
    Join Date
    Oct. 20, 2008


    A lease/buy option sounds pretty sticky to me? What kinds of requirements, and how would the buyer default?

  5. #5
    Join Date
    Feb. 2, 2003
    Iowa, USA


    Here is a site that offers legal forms for all manner of equine transactions. Sure you have to pay, but it should be worth 25-50 bucks for the peace of mind that you and the seller are well covered by a solid agreement.
    IMO since you don't have experience with negotiating these agreements, it will be better than piecemeal info from COTH posters.

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