Quote:
Originally Posted by Riot
Whoever owns the mare (individuals or group, corporation, etc) owns the foal. Unless other arrangements are made in advance (such as foal-sharing with the stallion owner, etc).
Mare owners pay stallion owners for the breeding (unless they own their own stallions), and mare owners own any resultant foal (again, unless other arrangements are made)
The farm where a mare foals could be owned by the mare owner, or could be a professional boarding farm owned by someone else where a mare is boarded for a rate by her owner. The farm takes care of the mare, foals her out, etc. at the owners wishes per the contract agreement.
|
Thanks for the info. Obviously in this situation the Jackson's own both the mare and the stallion but if it wasn't the case or if it were another situation would this type of foal be offered in some kind of share offering? I am assuming with this foal's parents being who they are he would fetch a pretty hefty price if offered as a partnership or at auction.