![]() ![]() The contract can be amended on the basis of the examination results. Pre-purchase examination - If both parties agree, the horse can be examined before the sale.A deposit is not necessary if the buyer chooses to pay the whole amount on the date of the sale. The deposit is the amount that the buyer agrees to put down immediately if the parties have agreed to installments. Purchase price and deposit - The purchase price is the final price that is being exchanged for the horse.It should also include information about the horse’s health and condition, thus serving as a guarantee for the buyer. Description of the horse - The description should include some general information about the horse, such as the horse’s name, date of birth, breed, and training, if any.
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