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Posts: 8884
Jan 20 12 5:23 PM
apocalypsepony wrote:If by "legally binding" you mean to make sure you get to buy the horse back. No. All you can do is add a clause in the sales contract specifying that the buyer owes you damages if they don't offer you first right of refusal when they sell the horse. But there is no way to make someone sell you back the horse. And you still have to go to court to get your contract enforced and get your damages. Then you have to actually collect them. Basically it's a handy threat that you have to do all the work on. A buyer with integrity doesn't need one in the contract (they'd call you when they sell the horse with just a handshake), and one without won't care if it's there or not.
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