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buy backs - right of first refusal agreements
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Re: buy backs - right of first refusal agreements
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Jan 20 12 2:49 PM
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I traded a mare for a filly with a buy back on both contracts. The mare I traded was then sold at auction at the end of September without myself ever being contacted. I was pissed at first but then I saw the new home this mare has and am very happy with the outcome. I contacted the seller/trader of the filly and told her that I was going to be putting her up for sale and she said that she didn't want her back.
When I sold the filly I put the same clause in that contract but I know that I won't be contacted. I do know that the seller will get only sell to a good home so I'm not worried about where the filly ends up. My swayback Arab went to the same home the filly went to but as a gift. If they can no longer keep him he will be coming back. But they love him and the husband has been having fun working with him.
I knew that the buy back clause wasn't enforceable but I was hoping that there may be some honorable people out there that will stick to an agreement.
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buy backs - right of first refusal agreements
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