|
<< Back to Land Transactions
Equine Industry
Transactions in the equine industry do not usually pose any additional
peculiar contractual requirements other than those that are typical for
the sale of rural land. That is of course unless bloodstock are being
sold with the property. In that event it is important to ascertain full
details of the bloodstock being sold through the New Zealand Racing
conference. Mares that are in foal should have been pregnancy tested at
42 days and vet certificates provided. It is common for studs to provide
a live foal guarantee to owners, but in most cases these are not
transferable to any purchaser. Therefore the purchaser accepts the risk
in not receiving a live foal guarantee or completes the purchase of the
bloodstock once the foals have been born.
Please
refer to our
disclaimer.
|
