Loan Horse to be sold, but nothing happening....

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sloulou

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Basically, I have had a horse on loan for a year now - a few months ago the owner rang and asked if I would like to buy him... after a bit of havering, I said no - becuase we don't really click although he is a nice horse - just not for me...

So I went ahead and started looking for something to buy - whihc I have now found, bought , had vetted and brought to yard... so now I seem to have two horses to look after
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I did tell the owner that I would be happy for him to stay with me (They are not really in a position to take him back) and that I would be happy to help sell him...

But have heard nothing for weeks
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- when we last spoke the owner was just about to go away for his first holiday in years and first time off this year - so I said it was ok he waited till he got back... but now he has been back a couple of weeks... and nothing....

I've tried getting in touch... not sure what to do? Should I start advertising him??

I suppose the answer to this is easy... ring them and insist they take him back or advertise him. But I don't want us to fall out and I know they having a difficult time at the mo...

What would you do? I feel a bit wary of advertising a horse that isn't mine - I think we would describe him differently....
 
Do you have a formal loan agreement in place? If so what are the conditions for you terminating the agreement.

Suspect by telling the owner you are happy for the horse to stay it will be seen as you continuing with the loan arrangement.

Not sure you can advertise the horse for sale without the owners permission to do so. You need to ring them and politely point out that you no longer wish to keep the horse and are terminating the agreement. Explain the circumstances to the owner in a pleasant way but be firm.
 
Shame, sounds like a really difficult situation. Maybe a really kind hand written leter to the owner, saying, please give you the full desc for the sale, ad etc or take him back, or loan him on? Usually people sit up and take notice of a hand written letter.
 
They were - they thought he had a home for life with me - and when I said I didn't want to buy him, they said I could keep him on loan...

they are very nice people...

But I thought it was a good time to move on and get something more suited to me...

crazy.gif


You are right about advertising him... It would feel wrong... and am sure is not legally the best idea
 
[ QUOTE ]
Do you have a formal loan agreement in place? If so what are the conditions for you terminating the agreement.

Suspect by telling the owner you are happy for the horse to stay it will be seen as you continuing with the loan arrangement.

Not sure you can advertise the horse for sale without the owners permission to do so. You need to ring them and politely point out that you no longer wish to keep the horse and are terminating the agreement. Explain the circumstances to the owner in a pleasant way but be firm.

[/ QUOTE ]

We don't have a formal agreement - which i know we should have... but I took him on as a favour (to get them out of a tight spot) and I was looking for a horse to buy at that time...
 
If you are going to keep him on loan from now on then it is time to get a contract sorted, what would you do if he had an accident and you called the vet, what if he had to be pts.
You must decide which way you want to do this, keep him and get contract, sell him for them, you must do this with their help and sort out what to do if he doesn't sell, or give them notice that he will be coming back to them in one month.
I know you are kind and are trying not to hassle them but do something NOW before you end up paying a lot for vet fees or something else
 
I know we should have done a contract... we did agree a few things in advance, but Ihave to be honest and say that loan agreements don't seem to be written down in our area - most things are done through the Pony Club (where I teach) and everyone knows each other...
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Not that am defending it....

Am definately not keeping him.... they know that. They are hoping someone will come along through word of mouth I think - so they will know who he goes to...

What he really needs is a teenage boy who wants to jump lots!

He is insured though...
 
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