• Welcome to the Chronicle Forums.
    Please complete your profile. The forums and the rest of www.chronofhorse.com has single sign-in, so your log in information for one will automatically work for the other. Disclaimer: The opinions expressed here are the views of the individual and do not necessarily reflect the views and opinions of The Chronicle of the Horse.



Forum rules and no-advertising policy

As a participant on this forum, it is your responsibility to know and follow our rules. Please read this message in its entirety.

Board Rules

1. You’re responsible for what you say.
As outlined in Section 230 of the Communications Decency Act, The Chronicle of the Horse and its affiliates, as well Jelsoft Enterprises Ltd., the developers of vBulletin, are not legally responsible for statements made in the forums.

This is a public forum viewed by a wide spectrum of people, so please be mindful of what you say and who might be reading it—details of personal disputes are likely better handled privately. While posters are legally responsible for their statements, the moderators may in their discretion remove or edit posts that violate these rules. Users have the ability to modify or delete their own messages after posting, but administrators generally will not delete posts, threads or accounts upon request.

Outright inflammatory, vulgar, harassing, malicious or otherwise inappropriate statements and criminal charges unsubstantiated by a reputable news source or legal documentation will not be tolerated and will be dealt with at the discretion of the moderators.

2. Conversations in horse-related forums should be horse-related.
The forums are a wonderful source of information and support for members of the horse community. While it’s understandably tempting to share information or search for input on other topics upon which members might have a similar level of knowledge, members must maintain the focus on horses.

3. Keep conversations productive, on topic and civil.
Discussion and disagreement are inevitable and encouraged; personal insults, diatribes and sniping comments are unproductive and unacceptable. Whether a subject is light-hearted or serious, keep posts focused on the current topic and of general interest to other participants of that thread. Utilize the private message feature or personal email where appropriate to address side topics or personal issues not related to the topic at large.

4. No advertising in the discussion forums.
Posts in the discussion forums directly or indirectly advertising horses, jobs, items or services for sale or wanted will be removed at the discretion of the moderators. Use of the private messaging feature or email addresses obtained through users’ profiles for unsolicited advertising is not permitted.

Company representatives may participate in discussions and answer questions about their products or services, or suggest their products on recent threads if they fulfill the criteria of a query. False "testimonials" provided by company affiliates posing as general consumers are not appropriate, and self-promotion of sales, ad campaigns, etc. through the discussion forums is not allowed.

Paid advertising is available on our classifieds site and through the purchase of banner ads. The tightly monitored Giveaways forum permits free listings of genuinely free horses and items available or wanted (on a limited basis). Items offered for trade are not allowed.

Advertising Policy Specifics
When in doubt of whether something you want to post constitutes advertising, please contact a moderator privately in advance for further clarification. Refer to the following points for general guidelines:

Horses – Only general discussion about the buying, leasing, selling and pricing of horses is permitted. If the post contains, or links to, the type of specific information typically found in a sales or wanted ad, and it’s related to a horse for sale, regardless of who’s selling it, it doesn’t belong in the discussion forums.

Stallions – Board members may ask for suggestions on breeding stallion recommendations. Stallion owners may reply to such queries by suggesting their own stallions, only if their horse fits the specific criteria of the original poster. Excessive promotion of a stallion by its owner or related parties is not permitted and will be addressed at the discretion of the moderators.

Services – Members may use the forums to ask for general recommendations of trainers, barns, shippers, farriers, etc., and other members may answer those requests by suggesting themselves or their company, if their services fulfill the specific criteria of the original post. Members may not solicit other members for business if it is not in response to a direct, genuine query.

Products – While members may ask for general opinions and suggestions on equipment, trailers, trucks, etc., they may not list the specific attributes for which they are in the market, as such posts serve as wanted ads.

Event Announcements – Members may post one notification of an upcoming event that may be of interest to fellow members, if the original poster does not benefit financially from the event. Such threads may not be “bumped” excessively. Premium members may post their own notices in the Event Announcements forum.

Charities/Rescues – Announcements for charitable or fundraising events can only be made for 501(c)(3) tax-exempt organizations. Special exceptions may be made, at the moderators’ discretion and direction, for board-related events or fundraising activities in extraordinary circumstances.

Occasional posts regarding horses available for adoption through IRS-registered horse rescue or placement programs are permitted in the appropriate forums, but these threads may be limited at the discretion of the moderators. Individuals may not advertise or make announcements for horses in need of rescue, placement or adoption unless the horse is available through a recognized rescue or placement agency or government-run entity or the thread fits the criteria for and is located in the Giveaways forum.

5. Do not post copyrighted photographs unless you have purchased that photo and have permission to do so.

6. Respect other members.
As members are often passionate about their beliefs and intentions can easily be misinterpreted in this type of environment, try to explore or resolve the inevitable disagreements that arise in the course of threads calmly and rationally.

If you see a post that you feel violates the rules of the board, please click the “alert” button (exclamation point inside of a triangle) in the bottom left corner of the post, which will alert ONLY the moderators to the post in question. They will then take whatever action, or no action, as deemed appropriate for the situation at their discretion. Do not air grievances regarding other posters or the moderators in the discussion forums.

Please be advised that adding another user to your “Ignore” list via your User Control Panel can be a useful tactic, which blocks posts and private messages by members whose commentary you’d rather avoid reading.

7. We have the right to reproduce statements made in the forums.
The Chronicle of the Horse may copy, quote, link to or otherwise reproduce posts, or portions of posts, in print or online for advertising or editorial purposes, if attributed to their original authors, and by posting in this forum, you hereby grant to The Chronicle of the Horse a perpetual, non-exclusive license under copyright and other rights, to do so.

8. We reserve the right to enforce and amend the rules.
The moderators may delete, edit, move or close any post or thread at any time, or refrain from doing any of the foregoing, in their discretion, and may suspend or revoke a user’s membership privileges at any time to maintain adherence to the rules and the general spirit of the forum. These rules may be amended at any time to address the current needs of the board.

Please see our full Terms of Service and Privacy Policy for more information.

Thanks for being a part of the COTH forums!

(Revised 1/26/16)
See more
See less

Leaving a deposit - how does that work?

  • Filter
  • Time
  • Show
Clear All
new posts

  • Leaving a deposit - how does that work?

    I might go look at a horse that is several hours away and if I like him, would want to leave a deposit to hold him until the vet check.
    How much should I leave? 5%? 10%?
    Under what condition? Owner keeps it if I don't show up again in a certain number of days? I get it back is something significant shows up during PPE? It becomes part of the purchase price if/when I buy the horse?
    Is there some sort of form we would both sign spelling this out?
    "When life gives you scurvy, make lemonade."

  • #2
    I don't think there are any standards. It's whatever you are both willing to agree to, and absolutely get that down in a written contract.

    Most likely, though, you should not expect to get the deposit back. Applied to the purchase price if you buy, sure, but that's it. So on your side, make sure the deposit amount is one you are willing to lose if you don't buy the horse.

    Basically, you are paying to have the horse off the market. The seller is risking that another interested party may call up and then scratch the horse off the list when they hear there is a deposit on it. So if you don't buy, the seller may very well have lost that other potential sale, too. Your deposit compensates them for that risk.
    She Gets Lost


    • #3
      A deposit is made when you decide to buy a horse but do not, for some reason, pay the entire amount. It is part and parcel of the sales contract.

      If you're going to contract to buy a horse then the agreement should, at a minimum, include:

      Names and addresses of the parties.
      Name and identifying ID info on the horse.
      Price to be paid.
      How and when the price is to be paid.
      Where and when the horse is to be delivered.
      Who pays for delivery if delivery is to be away from the seller's barn.
      Any contingencies (PPE, etc.).
      Any other terms and conditions.
      Signature of both parties (I write my contracts up with duplicate originals and buyer and I each get one).

      Unless you're dealing in Olympic level performance horses a good contract should take no more than one side of one 8.5 x 11 piece of paper in 12 point type.

      If you feel you must have a long, convoluted writing because you really just don't trust the opposite party then you probably should walk away from the deal and find another horse. Life is too long to deal with thieves, charlatans, mountebanks, and scoundrels.

      If the contract has contingencies (such as a PPE) they should be set out clearly in a separate paragraph of the contract. The contingency should be clearly and concisely set out, including what happens of the contingency fails.

      Use the KISS principle in drafting.

      Mangalarga Marchador: Uma Raça, Uma Paixão


      • #4
        What Guilherme said! I take a deposit to hold a horse for a PPE. Although the horse is technically still on the market, the deposit gives you first right of refusal based on the PPE. My contract makes all deposits refundable. If the buyer does not want to purchase after the PPE (and it doesn't have to be for any reason from the PPE), then I give the deposit back. My contract outlines the terms of that refund. I would not leave a deposit without a contract nor would I accept a deposit without a contract.
        Where Fjeral Norwegian Fjords Rule


        • #5
          Once upon a time, I went to look at a horse several hours away. I liked her and wanted to return to ride her again, and do the PPE. I offered a deposit ($500) which was half the asking price, to hold the horse. The seller said NAH, that's OK! I insisted, I wanted her to know I was serious and did not want the horse to be sold. She still refused.

          Well, I didnt end up getting the horse due to a miscommunication (seller never got my messages or emails, trying to set up PPE, allegedly). She ripped me a new one, up one side of me and down the other, saying I was burning bridges in the business and so forth. I resent all the emails I had sent, and she claimed she never got them. But she never called me? Just sent more and more angry emails.

          Anyways, when I found my horse, I loved her on the spot, wrote a check for $500 as a deposit with the understanding that I would be given my check back when I picked her up in exchange for cash. I got a receipt and bill of sale pending pick up.

          Worked out awesome. Of course, I bought her from and attorney. So that helped.

          I'd leave enough as to say your serious. $50 is crazy, but unless the horse is under 1k, I'd leave at least $500. In a check.


          • #6
            All great suggestions. If there's a provision to return the deposit, include a timeline for the return such as "within 15 days of notification".


            • Original Poster

              Would anyone have a copy of such a contract they would be willing to share? I am going to look at that horse tomorrow.
              "When life gives you scurvy, make lemonade."