The US Hunter Jumper Association’s (USHJA) equine Bill of Sale proposal is one of the topics to be discussed at the 29th Annual National Conference on Equine Law on April 30 and May 1, 2014. The conference is slated to be held at Keeneland Race Course, Lexington, Kentucky.
Under current USHJA rules, the sale or lease price of the horse is required, as are the names and addresses of all parties involved, and the names of anyone other than agents who will be compensated over $500.00. This information is to be used only in the event that a complaint is filed with the US Equestrian Federation (USEF).
This rule was discussed in a hearty exchange at the December meeting of the USHJA, as many states require (by law) that a bill of sale be written between parties.
"Even if the USEF doesn’t require a bill of sale, if you sell or buy a horse in a state that requires it, there is no choice in the matter,” said attorney T. Randolph Catanese, Esq. “States such as California, Kentucky, and Florida require written bills of sale according to equine law and must contain very specific information, or else the seller may be table for treble damages and attorney fees. Therefore, it’s in the best interest for both buyers and sellers to have a bill of sale in any transaction."
Two schools of thought have emerged over this continuing debate. Some within the industry feel that the USEF should be involved with the regulation of private business transactions, while other feel that the organization should be concerned with the overall welfare of the equine sporting industry.