Fairways Tables » Equine Law
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Learn more about laws about horses and homesteads, latest updates and more. We're Matt and Paige Hulse, a husband and wife team building a horse farm in Oklahoma. Matt is a financial advisor who works with business owners and ranchers across the country. Paige is an attorney, who serves entrepreneurs in the realm of trademark, business and equine law at her firm, Paige Hulse Law.
Fairways Tables » Equine Law
1y ago
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We’ve all heard of “lemon laws” – laws that protect consumers from purchasing unsafe or defective cars from unscrupulous sellers. But what happens if you buy a horse that turns out to be a “lemon?”
If you purchase a horse that doesn’t live up to the promises of the seller, paper is your only saving grace in most states. Florida is the only state that currently has a lemon law in place for horse sales.
Fortunately, you do have some options if your dream horse is a dud.
What Are Horse Lemon Laws?
Lemon laws are usually used in the context of used vehicles, arising from the slan ..read more
Fairways Tables » Equine Law
1y ago
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Horses are big business. According to Alltech’s Steve Elliot, the annual economic impact of the equine industry accounts for 1.6 million full-time jobs and around $300 billion dollars, $102 billion of which is in the US.
With numerous equine businesses on the rise, investors are looking to cash in on the potential. Gambling on horse races isn’t the only revenue stream – sales, breeding, and professional stables all offer opportunities for considerable investments.
Whether you’re a rider, trainer, breeder, or owner of a horse-related business, you can attract investors to make ..read more
Fairways Tables » Equine Law
1y ago
Common in the horse racing world, purchasing a horse for syndication is a popular investment strategy for horse enthusiasts to get a share of a high-value horse and enjoy revenue or involvement in the sport.
Horse syndication is different from co-ownership, however, and comes with its own benefits and risks. Here’s what you need to know about horse syndication.
What Is a Horse Syndicate?
A syndicate is an association of persons officially authorized to undertake a duty or negotiate a business, or a group of persons or concerns who combine to carry out a transaction or project.
A horse synd ..read more
Fairways Tables » Equine Law
1y ago
As a full-service stable owner with boarded horses, your clients can rely on you to coordinate and oversee professional services like riding instructors, horse trainers, farriers, veterinarians, equine dentists, and equine massage therapists.
But what happens if a horse or person is injured as a direct result of one of these professionals? Who is liable?
Unfortunately, these scenarios can be all too common, but determining liability can be murky.
Understanding Liability and Negligence with Equine Activities
Equine activities are prevalent in the US, on both recreational and commercial levels ..read more
Fairways Tables » Equine Law
1y ago
Most horse businesses are small businesses, not massive multi-national corporations or franchises. This creates an opportunity for owners to tailor their operations to the needs of their clients.
With that flexibility, you have many ways you can generate extra income streams to maximize your profits while offering the value-added features your clients appreciate. While your options depend on the type of equestrian business you have and what’s available, these should give you some ideas.
Table of Contents
Horse Related Revenue Streams
Non-Horse Related Revenue Streams
Income For Your Horse Bu ..read more
Fairways Tables » Equine Law
1y ago
Whether you have a small residential property that’s big enough for some horses or you’re looking to build an equestrian property, you have a lot to consider – design, planning, zoning, and setback laws.
Table of Contents
What Are Setback Laws and Why Do They Matter?
Determining Setbacks
Setting Up a Horse and Code Friendly Property
FAQ
Build a Horse Friendly Property
What Are Setback Laws and Why Do They Matter?
Property setbacks are building restrictions imposed on property owners. This may be a distance from a property line, curb, or structure in which you’re not permitted to build. Esse ..read more
Fairways Tables » Equine Law
1y ago
We may love and cherish our horses, but according to the law, they’re property that can be bought and sold. Sometimes, these sales transactions are done with a word and a handshake, leaving either party vulnerable to a future dispute over ownership.
Table of Contents
Establishing Horse Ownership
When Horse Owners Take Matters into Their Own Hands
Payment Arrangements For Horses
Liability Lawsuits With Ownership Disputes
How To Protect Yourself from Horse Ownership Disputes
Avoiding Horse Ownership Disputes
Establishing Horse Ownership
A horse may be owned by an individual, a partnership, a ..read more
Fairways Tables » Equine Law
1y ago
With its ancient mountain ranges, prairies, and mesas and cowboy and western heritage, horses and cattle are a strong part of the state’s image and identity.
Like other states, Oklahoma realizes that its citizens engage in livestock activities – including equine activities – both recreationally and commercially. The legislature enacted protections for livestock activities and the general public, but it’s important to understand where the law stands.
Table of Contents
Oklahoma Livestock Activities Liability Limitation Act
What are the Inherent Risks of Livestock Activities?
Oklahoma is a Fence ..read more
Fairways Tables » Equine Law
1y ago
The horse industry is worth around $122 billion in the United States. Around 31% of US households have a horse enthusiast, and with about 7.2 million horses, there’s a strong demand for riding, training, and boarding facilities, breeding operations, and other types of horse farms.
If you love being around horses, you may be interested in learning how to start a horse farm, what business opportunities are available, and what you need to know to get started. These businesses can be profitable if they’re properly planned and managed, but it’s important to know what you’re getting into.
Table of C ..read more
Fairways Tables » Equine Law
1y ago
Regardless of background or discipline, all equestrians are known to have a “love of the lifestyle.” From the horses to the riding to being out in nature, the entirety of the experience is the appeal for a true equestrian.
But what is the equestrian lifestyle, really? More than a hobby, pastime, or sport, the equestrian lifestyle brings together horses, nature, passion, and discipline.
Table of Contents
The Equestrian Lifestyle Defined
Blending Sport and Lifestyle
Benefits of the Equestrian Lifestyle
The Equestrian Lifestyle: Defined
An equestrian is a person who participates in equestrianis ..read more