A Horse Bill of Sale Form (sales agreement) is a proof of ownership form kept by the buyer of an equine, serving as verification that they paid a specific amount of money in exchange for the right to a horse. Any type and breed of horse can be sold using the document, including those that are used for farming, riding, competing, and/or showing. Fields for witnesses and notarization are provided, should the buyer require further proof to the seller’s signature.
A horse bill of sale is used anytime a horse’s ownership changes from one person or entity to another. Even if the horse is a gift from one person or another, the one receiving the horse will need a completed bill of sale should they intend to sell or gift the horse down the line. The form is the final step in the selling process, immediately following the buyer’s payment to the seller.
See the general outline below to get an idea of how the bill of sale fits in with the horse selling process:
The horse should be taken to the vet to ensure they’re up on their vaccinations, have their teeth cared for, and be given an overall pre-selling health inspection. Unless done very recently, the horse should also be re-shod.
The age, bloodline, health, and training all play a role in how the horse should be priced. The best way for finding the ballpark area to price the horse is by conducting market research and viewing the prices that similar horses are being sold for.
Quality photos will go a long way in increasing the activity around the horse. For high-value horses, hiring a professional is recommended. The horse should have photographs taken for each gait.
Anything that shows the history of the horse can improve the selling price. Health records, proof of lineage, and registration forms are just some of the documents that should be collected.
Choose one (or several) horse selling platforms to list the horse. Having horse-owning friends share the news of the sale is also recommended. A few online options for listing include:
Respond to inquiries fast, and allow people to schedule times to come and view the horse in-person. Be prepared to answer any and all questions about the horse. Before negotiating, set a mental note for the lowest price you’ll accept, and stick to it. This will prevent savvy buyers from getting a bargain price (and you losing out).
Once a price is agreed upon,
Once a price is agreed upon, the buyer will need to pay for the horse. Unless the owner is a professional at selling horses, they should accept cash or a bank check only to avoid getting scammed. Upon receiving the payment in full, the bill of sale can be drafted and signed by the seller and buyer.