21. TRANSFER OR NOTIFICATION OF LEASE
In order to have a lease/transfer recorded with the
Association, the leasee and/or purchaser of the horse must
be a current member of the Association.
21.1 Lease Notification
a) A Lease Notification form must be lodged and signed by
both the Lessor and the Leasee and lodged before the
Leasee has rights to the horse;
b) The Leasee of the horse is, for Association purposes,
deemed to be the owner of the horse for the period of
the lease;
c) The Lease Notification form must specify that the
Leasee can show and/or breed the horse for a minimum
of twelve (12) months and no more than two (2) years
at which time a new Lease Notification form must be
lodged;
d) The Association recommends that the Lessor and the
Leasee have a private Lease contract;
e) Notification that a lease has been cancelled must be
signed by the Lessor and the Leasee;
f) The Association may refuse any Notification of a Lease
without assigning a reason.
21.2 Transfers
a) An authority for transfer form must:
i) be completed in its entirety;
ii) provide the horse‟s correct name and number;
Iii) provide date of transfer;
iv) provide the name and address of transferee;
v) be signed or lodged by the seller and the
purchaser; and
vi) be forwarded together with the registration or
recording certificate of the horse
b) To transfer a horse online, the following will apply:
l) seller must fill out the Sellers section online and
submit for processing;
ii) purchaser must fill out the Purchasers section online
and submit for processing;
iii) the transfer fee must be paid online by either the
Seller or Purchaser;
iv) the original registration or recording certificate is to
be forwarded to the Association within fourteen (14)
days of submitting the transfer online, or a penalty
fee will apply.
c) The Association will not give effect to the transfer until
all paperwork and fees have been lodged;
d) Foals at foot that are sold with their dams, including the
progeny of foundation mares, are subject to a separate
Transfer Certificate if they have been registered or
recorded;
e) Foals at foot that are unregistered and eligible for
registration should be registered by the vendor in the
name of the new owner;
f) Purchasers who require their horses to be transferred
must ensure that all transfer requirements have been
met.
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