Document background
The Equine Loan Agreement is essential for situations where a horse owner wishes to temporarily transfer possession of their horse to another party in the UAE while retaining ownership. This arrangement is common in various scenarios, including training purposes, breeding programs, or educational facilities. The agreement must comply with UAE Federal Law No. 16 of 2007 concerning Animal Welfare and related regulations. It covers crucial aspects such as daily care requirements, cost allocation, insurance obligations, and liability provisions. The document is particularly important in the UAE's growing equestrian sector, where valuable horses are often loaned for specific purposes while ensuring proper care and legal protection for all parties involved.
