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Introduction
It is important that when new owners join a partnership, syndicate or racing club they are aware of what exactly the co-ownership arrangement involves. New co-owners must ensure that they make sure that their expectations are in line with those of the other co-owners, the trainer and co-ownership manager.
To ensure that co-owners interests are taken into account the BHB advises that there is a co-ownership agreement, linking all partners, in place before any co-ownership is formed. It is important that all eventualities are covered within a written agreement so that all co-owners have peace of mind.
Not sure which partnership to join? Click here to download the Guide to Co-ownership.
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Ownership
Benefits & Costs
