Sellling a horse, deposit advice etc

Christmas Crumpet

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The horse I've had for the season has been tried out by prospective buyers who really like her and she is to be vetted early next week. They have asked if she passes please can I hold onto her till the 3rd week of April because they are away. This is rather irritating because it means I've got a horse that essentially I can't do anything with in case I break it and means I definately can't go hunting which is why I've got her.

Her owner is getting £5k and I'm getting the remaining £1k for commission, 6 months worth of shoes and vets fees and for the work I've done on the mare. Do I ask for the £1k as a deposit if she passes the vet and do I also ask for livery money because essentially I will be keeping the horse at full livery without being able to ride it? Or do I say I'm afraid my new horse is coming soon and because there is only one box available the mare will have to go?

I am asking this because I am slightly concerned that I'm going to end up being seriously mucked about.

Any ideas from anyone?!!
 
Either I would say........ yes to asking for livery money (upfront) or yes to saying new horse is coming so dont have room!
 
I personally would ask for a CASH deposit now only returnable on failure of vetting. Once the vetting is passed i would expect the full balance immediatley before they go away. I would then charge them livery fees for THEIR horse whilst they are on holiday. That way noone is messed about and they cant change their minds whilst on holiday.
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If she passess the vet - they must pay in full, and insure her. They must then pay you livery to keep her until they return and collect her.

Simple.
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I did the same for someone a few years ago. Horse was paid for in full and I insisted that they insure him. They offered to pay livery, but TBH I didn't charge them as the horses are at home and he was only on very minimal livery, so I didn't incur any costs. Make sure you get the deposit in cash, give a receipt stating that it is only returnable in the event that the horse fails the vetting and that the balance of the purchase price is to be paid in full immediately after the vetting. Then insist the horse is insured and that they pay livery. From their point of view, I can understand that they don't want him unsettled and moved to a new home while they are away.
 
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