British Horse Society Loan Agreements
For more advice on lending or renting your horse, please contact the British Horse Society (Tel: 08701 202244). Please indicate that the borrower must have the owner`s permission before the horse is dropped off and what should happen if the owner cannot be contacted in an emergency. All restrictions on the type of work, the regularity of competitions and the person allowed to ride the horse should be included, as well as specific requirements such as a shaving bed or a particular food. If the borrower does not comply with the terms of the agreement, the owner can retrieve the horse before the end of the period. The share of the horse known as the horse: (the “horse”) The type of horse you buy or borrow depends on your skills and the activities you wish to participate in. Your coach should be able to help you in your research and advise you on what is right for you and what you need to pay attention to. All horses in the UK require a horse passport and a microchip. A horse passport is a small book, usually the size of an A5 paper, which identifies each horse according to its size and breed. All passports issued since July 1, 2009 must have a microchip number. Be sure to consider all the factors before borrowing your horse, especially the horse`s ability, as well-being is of the utmost importance. Does your horse, for example, have a disease that requires specialized care, or is your horse older and going to a mate? Your horse will be out of your daily control, and there have been occasions when horses have been loaned to people considered trustworthy, but the horse unfortunately ends up in a neglected state. We always recommend asking for references for potential credit homes, looking at the loan at home, and then visiting your horse regularly to check their health and well-being. Among the basics is the borrower who agrees to take proper care of the animal and take responsibility for the horse when it is in their care.
Use the agreement to lead a discussion about what the agreement will be before you directly accept the loan. If you address the points covered by the agreement, you can judge whether the other party is someone you want to do business with and what concerns they might have. First, it can be used for planning. The structure of the agreement forces both sides to think about what is important to them (for example. B the level of care the horse or pony will receive). The law requires that a passport remain in the horse`s place. Therefore, the passport must be kept by the person who has the primary care of the horse, if not the owner. When a horse is loaned and moved to a new farm, the loan must have the original passport. Many owners feel uncomfortable doing so, but there are a number of steps you can take to protect yourself who owns it: Putting your horse on the loan or leasing basis may seem like an ideal solution if circumstances prevent you from taking care of them, but you don`t want to sell. For a loan to work well, both parties must agree on their responsibilities and ensure that all contingencies are planned, especially what will happen when the loan expires unexpectedly.
We strongly discourage a written agreement. Make sure the agreement is acceptable to both parties; Don`t agree with something if you don`t intend to put it into practice or if you don`t agree. A loan contract is an important way to reduce risk and protect the owner, the loan player and, of course, the horse. Second, it serves as a record of what has been agreed, so that it can help avoid any misunderstandings as soon as the credit is in effect and the problems are out of control. The use of a formal written document may seem unnecessary among friends, but it is in the interest of both parties, long-standing friendship and the horse. If this will be the first time you are responsible for a horse, you should consider developing your knowledge of horse maintenance.
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