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When a horse is purchased, the buyer should ensure that he or she receives a bill of sale signed by the seller. This note can be hand written but should cite, as a minimum: the purchase price; the colour; distinguishing marks; brands (if any); approximate age; name and address of seller; name and address of purchaser; and date. If the horse is registered, the prospective buyer should see the papers when the horse is first tried out and should be given the papers at the sale transaction. Make sure that the name on the registration papers is the name of the person selling the horse and that the papers are current. Do not agree to the papers being sent at a later date, unless the seller is well known to you. The seller must sign the registration papers and the purchaser will be required to send the papers, plus a transfer fee, to the relevant breed society or EFA for re-registration. IT the horse has been sold several times and the ownership records have not been updated it is possible that you may not be able to re-register the horse. If you are buying a horse that you wish to register for the first time, check the requirements for registration with the relevant breed society and that the horse is eligible for registration. If it is a competition horse, check with the EFA. |
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