What Are The Consequences of Not Having a Bill of Sale?
Not having a Horse Bill of Sale has a few negative consequences. Firstly, it can leave the buyer unprotected if something is found to be wrong with the horse, or it isn't as described. The Bill of Sale slip can provide evidence of a fraudulent transaction.
Furthermore, a Bill of Sale allows the seller to formally cede ownership of the horse, by providing evidence it is no longer in their possession.
