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Co-owning question


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Guest Anonymous
Posted

Hi...I have been asked to co-own a dog. This dog is mine.Someone else wants it to breed when old enough. How do I protect myself? I could keep the AKC papers but this person might not care about having them.
If anyone is out there that knows anything, please reply. Thanks.

Posted

pappajo napisał(a):
Hi...I have been asked to co-own a dog. This dog is mine.Someone else wants it to breed when old enough. How do I protect myself? I could keep the AKC papers but this person might not care about having them.
If anyone is out there that knows anything, please reply. Thanks.


I personally would not want a co owner on a dog of mine. If you do not trust this other person 100%, do you really want them to have a say in breeding and making money off of your dog?
I'd say thanks but no thanks!

Posted

pappajo napisał(a):
Hi...I have been asked to co-own a dog. This dog is mine.Someone else wants it to breed when old enough. How do I protect myself? I could keep the AKC papers but this person might not care about having them.
If anyone is out there that knows anything, please reply. Thanks.


Is the person the breeder?
Have you talked about it with the breeder?
Why does this person want co ownership?
Is the dog, male or female?

Sounds a bit iffy to me :o

Posted

If you decide that you do want to go ahead with co-ownership, you need to draw up a written signed agreement, This should include who gets what percentage of the show prize money, breeding stud fees percentage, money from puppies that are sold, vet fees, who gets to keep rosettes/trophies from shows.

What age is your dog just out of interest?

As you can see there is a LOT to consider. I co-own my Border Collie Meg, which some of you may or may not have known. The reason why is because her other owner is a lady with severe lupus arthritis and a multitude of other health problems. I started off taking her to the local puppy class, then someone spotted she had a talent and now she works Championship Agility and Obedience. To enable me to enter her in classes I had to be a co-owner. We drew up a document and so trophies are kept at Margarets house and I keep the rosettes and medals.

Veterinary bills are catered for by her other owner.

It really is a complex business and ensure that you really want to enter co-ownership, before you make a decision.

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