Personally I would not sell a horse on a payment plan, although I have friends and neighbors that have done so and with the proper precautions you can too. If you choose to sell your horse on a 'payment plan', you may want to follow these few simple rules: 

First, you will need to make out a bill of sale and payment schedule and have the (Buyer Sign It) very important!  

  2.. Get the bill of sale 'notarized', this is extremely important too!

  3.. Keep the horse until it is paid for in full and only then may the new owners take the horse home.     

  4.. Except a check or money order as proof of payments, never except cash.      
  5.. Keep a record and date of the each payment that is made.

When the buyers have paid for the horse in full, they can pick up their new horse and take him home.

Happy Trails To Your And Your Horse,

Michele D. Anderson
 

Posterhorse and Yourhorseinfo