MARE LOAN contract suggestions
Mare carrying foal on mare owner's farm:
- Expenses (repro vet) to be paid by Lessee from beginning of PG attempt.
- Board to start day 1 of PG.
- Contracted guaranteed board expenses via estimate not to go over $X.
- Mare to be insured by Lessee.
- Lease fee due upon confimed PG of 60 days.
- Lease fee refundable should mare abort.
- Board and all other expenses never refundable; risk of breeding.
- Lessor should be an experienced breeder.
- Contract should include state law on liability.
- All registration, nomination etc. fees of foal are Lesee's responsiblity.
- Board on foal to begin upon weaning unless foal is picked up by Lessee.
- Foal board $ should be indicated in contract.
- Mare's health and livelyhood in a dire situation should be indicated as primary and Lessor's choice.
Embryo Transfer
- Mare Loan TM fee of $x (10% of mare value) due upon recip PG 60 days.
- Mare Loan TM fee refundable in case of abortion should recip not be moved from originating, accredited (by BHB) breeding farm.
- Non-refundable should recip mare leave accredited (BHB) breeding farm.
- All breeding/ET repro fees paid directly by Lessee.
- Board on recip mare begins day 1 of confirmed PG.
- Contracted guaranteed board expenses on recip mare via estimate not to go over $X.
- Board terminates should recip abort during her stay on accredited breeding farm.
- Recip mare should be approved by DACT accredited vet.
Mare to be leased and cared for by Lessee, not recommended without strong contract, good communication and experience by both parties.
CAUTION! See your lawyer for state law limits and liabilty. MARELOAN.com makes NO GUARANTEE this contract is sound.
sample contract: (PDF file)
