Re: [AlpacaTalk] Agistment Contract Question
Kathy;
I don't think that is even legal. More over, escrow isn't what it would be going into unless it is an estate or belongings of someone who passes and has to have their estate dealt with. If there is an issue with late funds or money owed , that would all have to be resolved by the parties in bringing the funds to current. If an animal is sold and there are fees still owed, you would be better off going to small claims court (doesn't cost much at all) and recovering what is owed to you plus court costs but keep in mind small claims will only allow $5,000 and under. I would guess you could do this even if there wasn't a sold animal. If there is more than one animal being agisted, it doesn't change anything other than the amount of money one is owed for the agisting service. As for the cria and taxes, you would have to talk to someone who knows how the taxes on that would work. My mom was going to school for animal law and contracts and actually offers a service of helping people out with things like this. However, what you are asking in your initial post is not legal nor does it have to do with escrow .
Maegan Blessing
Cedar Grove Alpacas, LLC
----- Original Message -----
From: "greenfleece60" <plooza@yahoo.
To: AlpacaTalk@yahoogro
Sent: Monday, June 1, 2009 12:25:15 PM GMT -08:00 US/Canada Pacific
Subject: [AlpacaTalk] Agistment Contract Question
Is it common for a contract for agisting to include a requirement that if a boarded animal is sold the funds go into an non-interest-
What would the benefits be for the agistor?
Kathy Quinn
Clifton Heights, PA
[Non-text portions of this message have been removed]
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posted by Chaddo at 7:30 PM
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