Home Horse Ownership
Horse Ownership PDF Print E-mail
Written by Administrator   
Wednesday, 11 October 2006 22:13

For a new or current horse owner, perhaps the safest and least expensive way to get involved in horse ownership is to become owner of a syndicate or partnership. Basically that means that ownership of a horse (or group of horses) is split among more than one party. This decreases the cost for each party, but will still give the full experience and enjoyment of owning a horse.

One thing to always keep in mind is the risk involved with owning a horse, or even a part ownership. Yearlings and foals are especially susceptible to disease and injury in the first two years of life. With that being said, the following is a loose definition of horse ownership syndicates.

A syndicate is a formal business agreement between a general partner and some number of limited partners that creates a group ownership of a horse or horses. A written agreement details what the syndicate activities will be and what will be the responsibilities, investments and returns for each partner.

Those returns come from breeding fees from a stallion standing at stud, or, in the case of syndicated broodmares, from selling foals.

Syndications are not limited to ownership of breeding stallions, however. Top mares bring top dollar.

 


 

Last Updated ( Tuesday, 22 April 2008 18:20 )