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Originally Posted by Storm Cadet
When I was with West Point and others, the 10% purchase price usually covers you for a set training period if your buying 2 YO's. So the 10% is for the price of the horse plus say 3-6 months training fees.
Then quarterly you will be either: a. assessed the next quarter training fees or b. receive a check for race profits-training fees.
With a claiming partnership, the company pays for the claim and assesses the new owners 10% claim purchase price as well as a quarterly training fee up front to carry them for the next quarter.
You agree ELA?
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Storm Cadet, do U recommend going with West Point? Who was the trainer of your horse? Who was the Rep. U communicated with? Thanks.