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Horse Syndication 101 - Equine Legal Solutions
https://www.equinelegalsolutions.com/horse-syndication-101.html
Syndication can provide the capital for several individuals to purchase a horse that would otherwise be beyond their means. Pooling resources means more purchasing power – ten friends may each be able to afford a $20,000 horse, but if all 10 of them join together, they can afford a $200,000 horse. Access to Capital.
Horse Racing Syndicates - A Helpful Guide to Owning a Racehorse
https://www.horseracingshares.com.au/horse-racing-syndicates/
A syndicate allows multiple people to purchase equal shares in a horse which cuts ownership costs, allowing more people to take part in the ownership. For example, five people decide to form a group to purchase 5% in a racehorse. Each member owns 1% of the horse and also 1% of the horse’s upkeep during its career.
Horse Racing Syndicate Agreement | Opale Broderie
https://opalebroderie.com/horse-racing-syndicate-agreement/
Horse Racing Syndicate Agreement. Published by virgule62 at 22 septembre 2021. Categories . ... Racing Syndicates and Racing Clubs offer an economical way to experience the thrill of property. It also offers a way to meet new friends and experience races from the inside. More than 60% of the racehorses trained in Britain are co-owned in any form.
STALLION SYNDICATION AGREEMENT
http://horselawyers.com/PDF/stallion_syndication.PDF
1. SYNDICATION OF HORSE. Upon the execution of this Agreement, ownership of HORSE shall be divided into the forty (40) equal undivided Fractional Interests described above, which shall be evidenced by copies of this Agreement serially numbered one (1) through forty (40), inclusive, and which are held by the Members as tenants in common.
SYNDICATE AGREEMENT - HKJC
https://member.hkjc.com/member/common/pdf/horse-owner-download-form/Syndicate_Agreement.pdf
Syndicate Agreement – Sep 2020 SYNDICATE AGREEMENT 1. OBJECTS The object of the Syndicate is to own and race a horse or horses under the Rules of Racing and Instructions (the “Rules”) made by the Stewards of The Hong Kong Jockey …
Syndicate agreements | Harrison Clark Rickerbys
https://www.hcrlaw.com/blog/syndicate-agreements/
A syndicate agreement can be drawn up providing that, in such circumstances, the remaining syndicate members are entitled to buy the deceased or bankrupt party’s share in the horse/company. Our equine team is happy to provide more detailed legal advice in regards to syndicate agreements, or on other questions concerning equine matters.
Syndicates and Clubs | ROA
https://www.roa.co.uk/raceday/journey/syndicates.html
ROA Syndicate Agreement Template (Multiple Horses) (002).pdf ROA Syndicate Agreement Template (One Horse) (002).pdf ROA Racing Club Agreement Template (002).pdf Editable agreements are available in the ROA Members Area. Racehorse Syndicates - the essentials. Over 60% of racehorses trained in Britain are raced in some form of co-ownership.
Racehorse Syndicates - Suzy Smith Racing
https://suzysmithracing.com/racehorse-syndicates/
Racehorse Syndication. In our syndicate owners are able to buy 5% or 10% shares in the syndicate horse, so there are only ever a maximum of 20 owners in each horse. This means that our syndicate members are never lost in the crowd, are really cherished, and involved in the horse’s life and career. It’s always great fun when we have syndicate stable visits – there is …
10 Frequently Asked Questions About Horse Syndication
https://eventingnation.com/10-frequently-asked-questions-about-horse-syndication/
As the syndicate is an LLC, ownership of the entire company has to be accounted for by assigning 100 percent of the ownership interests. If not all the ownership interests are sold, the previous owner of the horse who is selling it to the syndicate (or you, as the Manager) can hold that unaccounted-for ownership until it is sold to a new member.
SYNDICATE CODE OF CONDUCT - British …
http://media.britishhorseracing.com/bha/rules/Ownership/Syndicate_CoC.pdf
normally the case that in a Syndicate you will purchase a share in a horse, while in a Racing Club you often pay a subscription fee. In a Partnership all members are registered owners and it is often a small group of friends and family. It is unlikely there will have been a public offering made.
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