From: gpaa29@udcf.glasgow.ac.uk (F.Burton)
Newsgroups: rec.equestrian
Subject: Loan agreement (longish)
Date: 10 Apr 92 07:17:15 GMT
Distribution: rec
Organization: Glasgow University Computing Service


[Sorry about the delay in responding - our news and mail systems have
been playing up recently. I'm posting this here because I reckon it
may be of general interest, even if only as a source of ideas...] 

To Angela and fellow netters,

Here is the agreement I put together for the loan of my horse a
couple of years ago. I'm no lawyer, so I cannot vouch for its
watertightness. It was good enough for my purposes, and made it clear
to the borrower the sort of standard I expected.

If you want to be completely safe you should hire a lawyer to prepare
the contract for you.

Had Lucky been worth tens of thousands of pounds then I wouldn't mind
spending a couple of hundred on getting the job done properly. Then
again, I wouldn't loan my horse to anyone who I thought might mistreat
him.

Hope this is useful.

Regards,
  Francis


-----------------------------snip here---------------------------------------
                  Loan agreement for LUCKY
                  ------------------------

(1)   OWNER       [...my name, address & phone number here...]

(2)   BORROWER    [...borrowers name & address...]

(3)   LUCKY  Bay (turning grey) TB gelding, Born September 1985, 15.3 hh.

(4)   The period of the loan shall be from today to _________________, unless
      an alternative period is agreed by both parties.

(5)   It is agreed by both parties that LUCKY shall remain the sole and
      absolute property of the OWNER, and the BORROWER shall not sell,
      assign, pledge, lease, lend, hire out or otherwise deal with or part
      with LUCKY and that she will protect LUCKY against distress or seizure
      and indemnify the OWNER against all losses, costs, charges, damages and
      expenses incurred during the period of the loan.

(6)   LUCKY will be kept at ____________________________________,
      unless an alternative location is agreed by both parties.

(7.1) LUCKY will be provided with adequate food and shelter at all times and
      kept in at night during the winter.

(7.2) LUCKY will be provided with adequate rugs if necessary (due to
      illness, or after clipping), and with sound, well-fitting tack as
      required.

(7.3) LUCKY will be shod by a registered farrier as often as required.

(7.4) LUCKY will only be transported in a safe and roadworthy trailer or
      vehicle.

(7.5) LUCKY had his last flu and tetanus vaccination on 3rd May 1990.
      He will require a flu booster in May 1991. At the moment, LUCKY's vet
      is Ross & Bickerton of Bishopbriggs, Glasgow. An alternative vet may
      be arranged at the discretion of the BORROWER.

(7.6) LUCKY should be wormed every 6-8 weeks with a reputable wormer (e.g.
      Panacur, Eqvalan etc.).

(7.7) LUCKY should within reason be protected against and treated for the
      injurious effects of rain, wet ground and flies.

(8.1) In the event of LUCKY becoming ill or injured a vet will be called in
      and the OWNER will be notified as soon as possible.

(8.2) In the event of death without obvious cause a post mortem will be
      carried out at a place acceptable to the insurance company.

(9.1) LUCKY is insured with General Accident ("Horse and Rider" policy)
      against death, permanent loss of use, veterinary surgeons fees, theft
      or straying, and for public liability. The policy is renewable on 9th
      May 1991. Unless alternative insurance arrangements are agreed between
      both parties, the OWNER will renew LUCKY's insurance. (A copy of the
      current policy will be provided.)

(9.2) Any person riding or handling LUCKY with the OWNER's permission is
      covered by the above policy for personal accident. For insurance
      purposes, the OWNER gives his permission to the BORROWER and to Anne
      McConnell of Kirkintilloch, Glasgow. Any other person riding or
      handling LUCKY with the BORROWER's permission is not covered, unless
      the OWNER's permission is also obtained beforehand.

(10)  In the event of LUCKY being stolen the police and the OWNER must be
      notified immediately.

(11)  The OWNER may at reasonable times visit and examine LUCKY and, if he is
      not being properly fed and cared for or is being over-ridden or abused
      in any fashion, the loan may be terminated immediately.

(12)  The BORROWER may terminate the loan at any time by giving the OWNER
      one month's notice of termination and returning LUCKY in a safe and
      sound condition.

[Signed and dated by myself, borrower and witness]
-----------------------------snip here---------------------------------------
--
Francis Burton      Physiology, Glasgow University, Glasgow G12 8QQ, Scotland.
041 339 8855 x5966  | JANET: F.L.Burton@glasgow.ac.uk  !net: via mcsun & uknet
"A horse! A horse!" | INTERNET: via nsfnet-relay.ac.uk BITNET: via UKACRL