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If you are not familiar with the term, a Horse Bill of Sale is simply a document that shows the final sale price and transaction details for an item. You are likely to encounter this document in your local fair and show industry. A good friend will ask you if you want to sell his horse and you want to sell a horse at a sale, you will use a Horse Bill of Sale.
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When you know what you want to sell, you can check the market for a horse that has a reasonable price, as it is the buyer’s responsibility to find the best price for their purchase. You can also find out how much horse you have beforehand. Horses that are auctioned for cheaper than their auction price can end up getting a different sale price than the bid price. It is always better to be a little bit under than a little bit over.
You can prepare a Horse Bill of Sale as long as you have a fairly good idea about what you want to sell. All it takes is to gather the same details that you wish to include, and then compile a template to fit into a bill of sale that you can then pass around to people interested in buying your horse.
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A bill of sale should contain: Seller’s name, Auction date, Bid price, total amount of the sale, as well as how much money has been paid for the horse. The seller is the person who originally put the horse up for sale. In the event of a dispute on how much money was paid for the horse, such as selling to an unexpected buyer, or a payment dispute, you will need a substitute invoice.
If the buyer does not pay you or does not pay the full amount of the bid, you can go back to the seller, try to negotiate or fight your case. However, if the horse is worth more than the remaining balance, it will be a better option to simply send them a bill of sale instead of fighting it out. A bill of sale will give you a chance to at least get the horse’s transfer and registration details. You also have to make sure that you are clear about any waivers and warnings that may be included.
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It may be very difficult to convince someone to sell at a fair, if you have a bill of sale. They may think that it is a complicated or confusing process. It is a good idea to give yourself enough time to prepare before your first sale.
Horse owners often will call you after you have placed your order for a horse. You can set up a phone appointment with them so that you can go through all the steps from start to finish, even if you will be traveling far.
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