Riding Instructor magazine Winter 2021

Page 6

Legal focus

How Stables Can Avoid Past-Due Payment Problems By Julie I. Fershtman, Attorney at Law www.equinelaw.net Operating expenses for stables are tremen-

ally encounter problems when boarders fall

to plan for the possibility of this happening.

dous. Utility bills, feed bills, hay costs, labor

behind. Although all disputes cannot be

Here are two options to consider:

costs, taxes, insurance, veterinarians, farri-

prevented, careful advance planning might

ers, building maintenance, property main-

help prevent problems from occurring.

tenance – all of them add up and require

• Use detailed contracts. Boarding contracts can address, in detail, payment

and other expenses, boarding stables rely

Before the Boarding Arrangement Begins

on their boarders to pay their fees on time

Even stables that have never encountered

deadlines and grace periods (which are

and in full. Unfortunately, stables occasion-

a non-paying boarder have every incentive

a few extra days the stable allows for

operating capital. To keep up with these

6

Winter 2021 | Riding Instructor

responsibilities of the boarder. For example, the contract can include payment


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