OLS Solicitors Blog
Why you need an equine Loan Agreement
Equine Loan Agreements – Why Every Horse Loan Needs One
Loaning or borrowing a horse without a written agreement can lead to serious misunderstandings and disputes. Below, we answer common questions about horse loan agreements and explain how our fixed-fee service can help protect both you and your horse.
What is an equine loan agreement?
An equine loan agreement is a legally binding contract between the horse owner and the borrower. It sets out the terms of the loan clearly, including responsibilities for care, insurance, vet bills, riding rights, return conditions and more.
This isn’t just paperwork – it’s protection for all involved, especially the horse.
Why do I need a written agreement when loaning a horse?
A written agreement prevents confusion and reduces the risk of disputes. Without it, even small issues can escalate. It ensures everyone understands their obligations and helps avoid conflict over care, costs or ownership.
What are the key benefits of having a horse loan agreement?
- Avoids Misunderstandings: It defines who pays for what and what can or cannot be done – such as moving the horse to another yard.
- Protects the Horse’s Welfare: Agreements can include care standards, feeding routines, vet authorisation, and daily exercise requirements.
- Clarifies Responsibilities: Accidents or emergencies happen. The agreement defines who is responsible for costs and decisions.
- Prevents Ownership Disputes: It clearly states who owns the horse and the terms for returning or reclaiming it.
- Peace of Mind: Both the owner and borrower benefit from knowing expectations are clear and legally documented.
What does the OLS Solicitors equine loan agreement service include?
We offer a fixed-fee service that includes:
- Professionally drafted loan agreement tailored to your needs
- Suitable for full, part, or share loan arrangements
- Designed for both short-term and long-term loans
- All for a fixed fee of £499 + VAT
We understand both legal obligations and the practical realities of horse loaning. Our team will ensure your agreement is fair, thorough, and enforceable.
Can the agreement be adapted to suit my situation?
Yes. Whether you’re an owner loaning out your horse for the first time or a borrower managing an ongoing arrangement, we’ll customise the agreement to suit your circumstances. We can adapt it for unique requirements, including competition permissions, insurance clauses, or shared yard duties.
How do I get started?
To speak to a solicitor or book your equine loan agreement service:
- Call: 01554 756952
- Email: [email protected]
- Visit: www.ols-solicitors.co.uk
Protect your horse. Protect yourself. Get it in writing – for £499 + VAT.
