Iowa Waiver and Release by Seller for Sale and Delivery of Horse is a legal document used in Iowa when selling or delivering a horse to another party. It serves as a written agreement that releases the seller from any liability and waives any potential claims made by the buyer related to the purchase and delivery of the horse. This document ensures a smooth transaction and provides legal protection for the seller. The Iowa Waiver and Release by Seller for Sale and Delivery of Horse typically includes the following key elements: 1. Parties: Clearly identifies the seller and the buyer involved in the transaction. 2. Horse Description: Provides a detailed description of the horse being sold, including its breed, age, registration number (if applicable), color, markings, and any other distinctive characteristics. 3. Condition of the Horse: States that the buyer acknowledges and accepts the horse in its current condition, without any warranties or guarantees from the seller. It may specify any known defects or issues with the horse. 4. Purchase Price: States the agreed-upon purchase price for the horse, including any additional fees or expenses associated with the sale. 5. Payment Terms: Outlines the payment terms and conditions agreed upon by both parties, such as the method of payment and any installment plans if applicable. 6. Release and Waiver: Contains a clear and concise statement that the buyer releases, discharges, and waives any claims or liabilities against the seller, including but not limited to injury, property damage, or any other issues arising from the purchase, ownership, or use of the horse. 7. Risk of Loss: States that the risk of loss or injury associated with the horse is assumed by the buyer upon completion of the sale or delivery. 8. Governing Law: Specifies that any legal disputes arising from this agreement will be governed by the laws of the state of Iowa. Different types of Iowa Waiver and Release by Seller for Sale and Delivery of Horse could include variants based on specific circumstances, such as: — Private Sale: Used when the seller is an individual privately selling a horse to another individual or entity. — Auction Sale: Used when the horse is sold through an auction, with the waiver and release tailored to include specific auction-related terms and conditions. — Professional Seller: Used when the seller is a professional or commercial entity engaged in the business of selling horses, which may include additional terms related to warranties or guarantees. It is crucial to consult with a legal professional or attorney when preparing an Iowa Waiver and Release by Seller for Sale and Delivery of Horse, as the language and specific requirements may vary based on individual circumstances and the desired level of protection for both parties.