Loan Contract for Broodmare - Any advise please

[3Beasties]

*Also in breeding but I will hopefully get more response here*

I've very sadly had to retire my mare at the age of 11. Fairly gutted to say the least. I had always wanted a foal from her myself but unfortuately I'm just not in the right position to do this myself.

I've advertised her for loan and had a lot of interest. Someone came to see her tonight and all being well (based on references and me visiting their place) she'll be going to live with them at their small scale stud.

I'm completely new to all of this so was wondering if there is anything I need to include in the contract? (If anyone has an example of a breeding contract that would be really useful). Or anything I need to think about or consider?

I'm sure I'm missing something vital as it all seems too easy so far. Any advise would be appreciated.*

 

[TheMule]

I just adapted the standard BHS one which is free to download from thier page.
Please go and visit regularly- I've just had to bring my broodmare home in a terrible state as she has been neglected by her loaner over winter. I thought she was in good hands but she has suffered dreadfully and I'm kicking myself for not having been to see her sooner.

 

[popsdosh]

must admit its fraught with problems ,possibly more so with broodmares as there are legal implications you dont immediately take account of the most important of which is who owns the foal she produces and there have been some interesting battles when mares have been taken back by owners whilst still carrying or nursing foals. It is the very reason most reputable studs will not take loan mares and insist on buying ! Please think carefully however most of the potential downside is on the person getting the mare in foal(at some expense) with no protection for their legal right to foal . Make sure they insure her for breeding risk, well to be honest you should insure her and pass on the cost so at least you stay in control of her treatment .



if you think that all sounds excessive just remember disputes happen and there are two lives involved that are subject to disputed ownership. Not to sound to negative but it needs thinking about are you ready to risk a higher likely hood of losing her in somebody elses hands! A perfect example of the pitfalls are above an agreement guarantees nothing but a legal avenue of recourse.