How To Own An Equestrian Sport Animal?

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The process of buying such an animal is exhilarating, but it is tricky as well. There are several factors that need to be considered such as the kind of animal one should look at, the kind of prices to consider, training of the animal as well as the kind of ownership you would assume. As a prospective buyer, you need to consider the options that are available to you and make the right choices. Visit http://triplecrown.com.au/bloodstock-agents/ 

Sole ownership

For those who approach racehorse shares for sale in Melbourne for the purchase of racehorses, they can opt to own the horse solely which makes you the sole owner of the horse, including the costs that come with it as well as keeping the profits as well. Decisions of how to use the horse would also be yours to make as well as assigning a name for the animal. This kind of ownership is best for those who wish to control their investments and would be investing energy and time to manage the ownership details of the racehorse.

Co-ownership

This is the second kind of ownership you could have with respect to a racehorse purchase. In co-ownership there can be four subcategories. For instance, it could be a company ownership where a company owns more than one horse and has a registered agent who manages the horse. The shareholders of the company become co-owners of the horse. Leasing is also a form of co-ownership. Here investors who do not want to own a racehorse can get lease of the animal for a race or for the entire racing career of the animal. The kind of ownership one could opt for is also advertised by the different racing syndicates or agencies like Snowden racing.

Partnerships

This is another form of alliance where at least two partners or up to twenty individuals could be registered owners of an animal or more. The partnerships could again be of different kinds, such as trainer managed alliance where a trainer manages the partnership details for the group. Again, a group of friends could pool in money and opt to buy the horse and assign someone to look after the horse. It could also be a co-ownership that is professionally run. Here an organizer manages the horses and assigning them to races as well as distribution of profits among the partners. There are ownership interests as well where one could lease and pay a fee to become a member of such clubs. These clubs allow people to learn about horses, the horse racing industry and racing procedures. It also helps them to decide as to whether they want to invest the amount of money and time it is required in owning race horses.