Isn a horses breed registration the same thing as legal title?
As an equine law firm we can say that you would be surprised to know how many people in the horse business believe that a horse’s breed registration is the same thing as legal title. To them, a breed registration means the same thing as your pink slip for your car. Under the law, however, this is not true. A horse’s breed registration is indicative of title, but it is not title. That means that although it would tend to show who owns the horse, it does not amount to legal title. Legal title is established either through a separate Bill of Sale or other written document. This is important because a Bill of Sale will or should have certain references to express and implied warranties regarding the horse being sold. (This is discussed below.) However, this is not to be confused with one not wanting to hold the registration or the certificate of registration as a form of “collateral” if a loan was made against the horse or for some other reason. Again, this area can be rather complicated,
