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Web 4.3 There Is No Lien Or Encumbrance On The Horse.
As long as the horse will change owners, you must see the following process through: Web kentucky derby winners by post position. The horse bill of sale allows for the transfer of a equine from one party to another. Furthermore, seller warrants that the equine is sold free and clear of any lien, security interest, mortgage or other encumbrance.
This Allows The Buyer And The Seller To Properly Document The Details Of The Sale And To Provide Proof That The Animal In Question Is In The Possession Of A New Owner.
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At This Stage, Both Parties Agree On A Payment Method And Any Special Conditions Of The Sale, Such As A Warranty Or Financing.
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