An equine solicitor agreement is an agreement between two parties regarding horses which can include buying, selling , transfer, business or other matters related to horses. This agreement has become a necessity now on legal bases. You need an equine solicitor to deal with the legal matters of the equine agreement. An equine solicitor agreement ensures that rightful interests of both parties are preserved.
WHEN TO DRAFT AN EQUINE SOLICITOR AGREEMENT
Equine solicitor agreements are drafted in various circumstances such as
- Buying and selling of horses
- Loan agreements of horses
- Training agreements for horses
- Livery agreements
- Terms and conditions of equine businesses
- Insurance agreements of horses
- Equine partnership agreements
PURPOSE OF EQUINE SOLICITOR AGREEMENTS;
These agreements ensure effective communication and relationships between both parties and make sure that no dispute or misinterpretation of contract occurs among the both parties . These agreements safeguard interests of both the parties such as training rights, loan deals etc.
These agreements almost nullify the chances of any dispute among the parties and insures a harmonious bond. A well drafted equine solicitor agreement ca save the owner from potential future risks and disputes
HOW TO DRAFT AN EQUINE SOLICITOR AGREEMENT
Comprehensiveness
While drafting the agreement it must be made sure that it is comprehensive and covers all the aspects of the contract and it should be easily understandable and all legal clauses must be included in it
Duration and terms and conditions of agreement
The starting and ending dates of the contract must be written properly and duration and terms and conditions of the contract must be mentioned properly which both the parties must abide by and also should be mentioned that what will be the consequences if one of the parties break the agreement
Protection of rights of both parties
Moreover the terms should be designed to protect the rights and interests of both parties and the agreement should be fair on the legal grounds and should abide by all the clauses of equine law.
Understandability
It should be in simple terminology which both parties can easily understand and all legal aspects of the agreement should be made clear.
Termination clauses
The scope and specific activities of the legal agreement should be properly outlined.
It is better to add termination clauses in contract while drafting agreement to cope with any future dispute among the parties and with it the duration of the contract and the circumstances in which it can be terminated must be mentioned.
Payment methods
All the factors such as payment methods, duration and other factors should be carefully drafted and all the insurances and fees related to horse / horses must be included in the agreement.
All the risks and other factors should be discussed properly in the contract
The equine solicitors can make the work easy as laymen are mostly unaware with the legal aspects of equine solicitor contracts so an equine solicitor can provide guidance throughout the legal matters of the contract.
MAIN CLAUSES OF EQUINE AGREEMENT
It should be noted that all the legal aspects of contract must be discussed moreover some key clauses that must be remembered while drafting an agreement include the management rights and responsibilities , transfer and transport, boarding rights , caring , breeding permissions and circumstances and racing permissions as well as loan conditions and payment durations and methods .
The risk factors and the possible adverse outcomes of the agreements should be predetermined and discussed in the agreement. It should also highlight insurance requirements and should be clearly written to avoid future disputes among the parties.
DOCUMENTATION OF THE AGREEMENT
The agreement should be properly documented by some equine expert or equine solicitor and all the necessary documents must be provided during the agreement and the originality and reliability of agreement should be made clear
The documentation includes buying and selling certificates, written agreement proofs, payment proof, insurance papers, management certificates and medical certificates of horses etc. to avoid any future dispute among the parties.
EQUINE SOLICITORS TO DRAFT EQUINE AGREEMENT
When drafting an equine agreement it is always better to consult legal help from equine solicitors who are specialized in equine law and can help the parties to best protect their rights and interests and draft an agreement which is clear and comprehensive and covers all the legal aspects of contract related to the equine law to avoid any future misunderstanding and disputes among the parties.
An equine solicitor will analyze the agreement and can advise the parties to add or remove the terms by judging them on legal grounds. This will ensure a fair agreement in which rights of both parties will be reserved to the best of their interests.
CONCLUSION
An equine agreement is necessary for a fair equine contract and to avoid any future disputes among the parties and it must be made sure that the agreement is drafted properly and covers all the legal aspects and so for this purpose an equine solicitor can be vital..
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