Horse Part Loan Agreement Template UK

The Horse Part Loan Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable examples.


Sample

Horse Part Loan Agreement Template UK

Editable – Printable



Horse Part Loan Agreement Template UK

1. Loaner Information


2. Borrower Information


3. Horse Details



4. Loan Duration

5. Loan Payment Terms

6. Horse Care and Maintenance Responsibilities

7. Insurance Requirements

8. Indemnity and Liability

9. Termination of the Agreement

10. Signatures and Agreement

11. Declaration and Signatures




PDF


WORD

Examples


Horse Part Loan Agreement Template UK (1)
Between:
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
Introduction:
This agreement outlines the terms and conditions of the horse part loan arrangement between [Name of the Lender] and [Name of the Borrower], effective from [Start Date].
Clause 1: Description of the Horse
The horse subject to this loan agreement is as follows: [Horse’s Name, Breed, Age, Microchip Number, etc.].
Clause 2: Loan Terms
The Lender agrees to loan [percentage]% ownership of the horse to the Borrower for a period of [Loan Duration].
Clause 3: Responsibilities
The Borrower agrees to cover the costs of [specify costs such as feed, veterinary expenses, and insurance] during the loan period.
Clause 4: Use of the Horse
The Borrower may use the horse for [details on usage, such as training, competitions, or general riding], provided that the Lender is notified in advance of any major activities.
Clause 5: Termination
This agreement may be terminated by either party with [Notice Period, e.g., 30 days] written notice, or immediately in the case of breach of agreement.
Clause 6: Liability and Insurance
The Borrower shall maintain insurance covering the horse and indemnify the Lender against any injury, loss, or damage that occurs while in the Borrower’s care.
Clause 7: Governing Law
This agreement is governed by the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
Horse Part Loan Agreement Template UK (2)
Between:
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
Introduction:
This agreement outlines the terms of the loan for partial ownership of the horse, initiated on [Start Date], ensuring both parties understand their rights and obligations.
Clause 1: Identification of the Horse
The horse involved in this agreement is described as follows: [Horse’s Name, Breed, Age, Current Location].
Clause 2: Ownership Percentage
The Lender temporarily transfers [percentage]% ownership of the horse to the Borrower for a duration of [Loan Duration].
Clause 3: Care and Management
The Borrower shall be responsible for the regular care of the horse, including feeding, stabling, and attending to health needs as prescribed by a veterinarian.
Clause 4: Activities and Competitions
Any participation in competitions is subject to prior written consent from the Lender, and the Borrower must ensure the horse is adequately prepared.
Clause 5: Termination of Agreement
This agreement can be terminated by either party with [Notice Period] written notice, or immediately for breach of any terms herein.
Clause 6: Financial Liability
The Borrower agrees to be financially responsible for any injury or damages sustained by the horse during the loan period.
Clause 7: Dispute Resolution
In the event of a dispute, both parties agree to seek resolution through mediation before any legal actions are pursued.
Signature Section:
Signed in [City], [Date].
Sincerely,
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]

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Horse Part Loan Agreement Template UK