Horse Racing Syndicate Contract With Us In Philadelphia

Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00039DR
Format:
Word; 
Rich Text
Instant download

Description

Stallion syndications are contractual agreements where multiple parties combine their financial resources to purchase a stallion for breeding purposes. Each contributor or "owner" owns a "fractional interest" in the stallion, typically entitling them to one breeding right per breeding season. The farm or individual syndicating the stallion will generally retain multiple fractional interests. The arrangement provides for lowered costs and a more diverse breeding for the stallion.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Horse Racing Syndicates Horse Racing Syndicates Checklist. Define your Syndicate. Define your Syndicate. The first thing you need to ask yourself is why are you starting a syndicate. Pick your Members wisely. Set up a Management Plan. Ensure Everyone is On Board. Make it Happen. Conclusion.

Horse Racing Syndicates: How to Share Costs and Own a Racehorse Keep the partnership simple and get everything in writing. Find a horse you like and a great veterinarian you trust. Decide how many shares will be offered in a horse. Choose your trainer wisely. Map out a plan and consult with your partners and trainer.

For a syndicator to be approved by the BHA they must themselves be registered as a sole or company owner. SYNDICATE MEMBERS: Any person who has shares in the ownership, or lease, of racehorses through a syndicate should be listed a syndicate member.

For a syndicator to be approved by the BHA they must themselves be registered as a sole or company owner. SYNDICATE MEMBERS: Any person who has shares in the ownership, or lease, of racehorses through a syndicate should be listed a syndicate member.

Horse Racing Syndicates Made Easy Hambleton Racing is established as one of the best UK horse racing syndicates. For over 15 years our horse syndications have been providing genuine, quality ownership. Enjoyment, satisfaction, and winners are what we expect to provide within our racehorse syndicates.

Syndication refers to a co-ownership of a horse, also known as a “co-ownership agreement” when made between two or more people. Each owner owns a fractional interest in the animal and the original owner is the syndicator and the manager.

More info

We offer an exciting and affordable syndicate where you can enjoy the dream of being a racehorse owner. Check out our website for more information.We'll discuss the various forms of syndicate co-ownership below. This downloadable, do-it-yourself agreement is for anyone needing an Equine Syndicate Agreement for Racing . Essentially, they have an agreement to be coowners with fractional interests in a horse, such as a racehorse, breeding stallion, or show horse. Join our horse racing syndicate easily: Stepbystep guide, expert tips, and exclusive incentives. 1 Creating the Pennsylvania Horse Racing Commission; defining the. Syndicated partnerships are an exciting and affordable way to invest in a racehorse. Each share is valid for a period from the date you sign-up and complete the registration process, up to and including the set end date of October 31, 2024. 6. Canadian International Stakes​​ The syndication deal for Secretariat precluded the horse racing past age three.

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Horse Racing Syndicate Contract With Us In Philadelphia