The main purpose of a written agreement is simply to ensure that every point of the transaction is covered, so that none of the parties can ever claim that they misunderstood what was agreed. You do not need to use a legal language. You just need to make sure that you cover the important points. 6. How long will the loan last and what will happen when the loan term ends? 2. The contact details of the owner and the borrower as well as confirmation that the parties will inform each other if they change. If you lend or rent your horse, you will probably be concerned about its well-being. 10. Indicate what should happen if the horse is to be put on. Who will make this decision? How quickly should the borrower inform the owner and, if he is unable to reach the owner, can the borrower authorize it? 3. A simple explanation that the owner is the rightful owner of the horse and has the right to have the horse borrowed. A good horse loan or leasing document should take into account the concerns of both parties.

Will the person lending the horse pay the owner for the loan? If so, how much, when and how will it be paid? The credit agreement should specify what is expected of the horse owner and the borrower. Make sure it is clearly dated and signed by all parties and includes: the content of the credit agreement is personal to you and should reflect your wishes and plans for the future. However, as a basic minimum, you need to take into consideration: before signing something, make sure you have carefully checked the person lending the horse. Take pictures of the horse with the person and note the registration dates of the horse box or car. Credit agreements may be drawn up in their personal capacity or by a lawyer. However, we always recommend hiring an impartial lawyer who is trained to ensure that all grey areas are covered.. . .