Santa Clara California Waiver and Release by Seller for Sale and Delivery of Horse is a legal document that outlines the terms and conditions under which a horse is being sold and delivered by the seller in Santa Clara, California. This waiver and release agreement is crucial to ensure a smooth transaction and protect the rights and responsibilities of both parties involved. In this contract, the seller relinquishes any liability or responsibility for the horse once it is sold and delivered to the buyer. It states that the buyer assumes all risks and responsibilities associated with owning and caring for the horse from the moment of delivery. The waiver and release agreement typically includes the following key elements: 1. Identification of the Parties: The document clearly identifies the seller and the buyer, including their legal names and contact information. 2. Horse Information: It provides detailed information about the horse being sold, such as its breed, age, sex, color, markings, and any unique identifiers like branding or microchipping. 3. Purchase Price and Terms: The contract outlines the agreed-upon purchase price for the horse and any terms regarding payment, including down payment, installment plans, or financing options. 4. Risk of Loss: This section specifies that the buyer accepts all risks associated with the horse, including injury, illness, or death, once it is delivered. It ensures that the seller is released from any liability in case of any unfortunate circumstances after the horse is sold. 5. Representations and Warranties: The seller may include statements regarding the horse's health, soundness, training, and any known medical conditions. Both parties should carefully review and acknowledge these representations. 6. Indemnification: The buyer agrees to indemnify and hold the seller harmless from any claims, damages, liabilities, or expenses arising from the horse's purchase, ownership, or use. 7. Governing Law and Jurisdiction: The contract typically specifies that it is governed by the laws of the state of California and that any disputes will be resolved within the jurisdiction of Santa Clara County. Types of Santa Clara California Waiver and Release by Seller for Sale and Delivery of Horse: 1. Standard Waiver and Release: This is the most common type of agreement that covers the basic terms and conditions of selling and delivering a horse. 2. Limited Warranty Waiver and Release: This agreement includes limited warranties provided by the seller. It may outline specific guarantees regarding the horse's health, soundness, or training. 3. As-Is Waiver and Release: This type of waiver and release states that the horse is being sold "as-is," without any warranties or guarantees from the seller. The buyer takes full responsibility for any existing or potential issues with the horse. In summary, Santa Clara California Waiver and Release by Seller for Sale and Delivery of Horse is a legally binding document that protects the rights of both the seller and the buyer. It ensures a transparent and mutually beneficial transaction while outlining the responsibilities and liabilities of each party involved.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.