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What is the duration of a Kensington Partnership Agreement?

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What is the duration of a Kensington Partnership Agreement?

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The partnership agreement is initially for 90 days. However if the horse is claimed it will end sooner, (unless the Partners vote to Claim or purchase another horse) or the partners could renew it for another 90 days (or longer) which would happen with good horses that are remaining sound and making a substantial amount of money. There are partnerships forming and ending on a continual basis.

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