Agistment Agreements

Agistment Agreement: What it is and Why it’s Important

If you’re a horse owner, you may have heard of an agistment agreement. But what is it exactly and why is it important?

An agistment agreement is a legal contract between the owner of a horse and the manager of a property where the horse will be kept and cared for. The agreement outlines the terms and conditions of the boarding arrangement, such as the care and feeding of the horse, the length of time the horse will be boarded, and the cost of the services provided.

Why is an agistment agreement important? First and foremost, it protects both the horse owner and the property manager. The agreement clearly outlines the responsibilities of each party, which can help prevent misunderstandings and disputes down the line.

For example, the agreement will specify the level of care the horse will receive, such as the type of feed, amount of turnout time, and any necessary medical treatments. It will also include provisions for the horse’s safety, such as fencing requirements and procedures for emergency situations.

Additionally, the cost of board and services will be clearly stated in the agreement. This can prevent any surprises or disagreements about payment, and ensure that both parties are on the same page from the beginning.

An agistment agreement can also provide peace of mind for the horse owner, knowing that their horse is being cared for according to their specifications. This can be especially important if the owner is traveling or unable to visit the property regularly.

So, if you’re a horse owner looking for a boarding arrangement, be sure to ask for an agistment agreement and take the time to read and understand it thoroughly. And if you’re a property manager, it’s important to have a well-drafted agreement in place to protect your business and ensure the safety and care of the horses in your care.