Who registers the cria when your female is financed

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Permalink Reply by Cindy Lavan, Chase Tavern Farm on June 29, 2009 at 11:37am

It should state in the purchase contract of the orginial dam - but the industry norm is - all offspring are property of the sellers until that dam is paid in full and registered in their name at thier expense until that dam is paid in full. Doesn't matter if you are using your male or not, same would apply. Mail the bloodcard to the registered dam owners so they can begin the registration process on the cria unless you are mailing more into the ARI yourself. Ask them to start the process on line using the blood card # you provide (same one on the card which now becomes their ARI #). Ask them to send you a copy of the registration when it comes in as well as a permission to show form if you feel you will need it.

If you are close to paying your dam off, you may want to so you can then register the next offspring in your name. Once the orginal dam is paid in full, her registration paper as well as her offspring's will then transfer to you. Now some sellers will pay for the dam herself to be transfered, but not the cria. That is fine.

Hope this helps. Again, industry norm but others may operate differently out there.

Cindy Lavan
Chase Tavern Farm
www.chasetavernfarm.com
www.chickadeeridgealpacas.com
www.alpacajudge.net - Great site for education and to ask questions to our resident alpaca judge, Tim
Since 1993 - "Criating tomorrow's alpaca today, one fleece at a time

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Permalink Reply by Chris Reachard on June 29, 2009 at 7:11pm

Thanks Cindy for responding

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Permalink Reply by Patty Ludwig~Alpacas in Harmony on June 29, 2009 at 6:07pm

Hi Chris, great question!

When I bought my 2 bred females last year I financed them. When they gave brith that same year I registered both crias in my name. You own the females under a contract so unless it says you can't somewhere on it then I think you should. As a matter of fact I'm still paying off one of them and she's due this fall with her second cria. It should really be discussed with the sellers up front to avoid any problems. My seller and Mentor told me right out that the crias were mine so there was never an issue. But then again I'm dealing with Rosehaven Alpacas which is a great farm with wonderful people.

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Permalink Reply by Chris Reachard on June 29, 2009 at 7:12pm

Thanks for the reply Patty

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Permalink Reply by Donna Jaruzel on June 29, 2009 at 9:30pm

I have to agree with Cindy. When I had a financed female, her 2007 cria had to be registered in the name of the person who is listed as the owner through the Alpaca Registry. When I sold that cria at six months old they had to sign off on her and the money I sold her for had to go towards the amount owe on her mother.

I do the same thing when I sell a bred female that is financed, which is in the contract I use.

Donna Jaruzel
Brandilyn Farm Alpacas
Holly, MI

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Permalink Reply by Patty Ludwig~Alpacas in Harmony on June 30, 2009 at 8:28am

I agree with you both in the case of a purchase were the person is taking the alpaca to their own farm. In my case I agist my alpacas at the Rosehaven and they're really showing me the ropes as I am only in my second year. So I would probably go by the contract as you both stated unless the situation was similar to mine.

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Permalink Reply by Margie Phipps on June 30, 2009 at 10:48pm

OK, now I will throw another log into this fire.

I bought two dams from a farm in Canada. They were here in Kentucky at another farm to be sold in the US. They still live on that farm. I've had 4 MALE cria from these two dams. The herdsire of the first one is owned by the Canadian farm and lives in Canada. The herdsire of the other 3 is owned by the farm where I am agisting at. I also financed these two dams and there is a balance due. The Dams are still registered to the farm in Canada. ALL 4 of the cria are registered to me. I initiated and paid for the online registrations and the Dam and Sire Owners had to sign off on them in ARI. I don't recall if it specifically says anything about ownership or registration of the cria in my contract, OR if I sell them that I need to use the proceeds to pay off the moms... but of course that is what I would do IF I sold them. This farm has been EXTREMELY cooperative with me as we have had some rather difficult financial issues these past couple of years and I would not hesitate to deal with them again "across borders". Now they might always do business this way, and they might not. I don't know if they have done this with other sales here in the US.

HOWEVER.... when I do get into the position where I am selling and financing I will most definately have it well documented in my contracts that the process we will use is the one described by Cindy because I think that is the best business practice.

Margie
Barnett's Creek Farm
Liberty, KY

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Permalink Reply by Judy Schroeder on July 2, 2009 at 6:56pm

We bought our first two Dams pregnant and took out a loan through Farm Credit. We actually secured this loan against an insurance policy that we took out on our girls, naming Farm Credit as the payee. The farms we bought from did not offer financing at that time, but I would not have financed through a private individual anyway. So when we named our cria, they bore our farm name. I know that many people purchase alpacas and finance through the owners, but it was not something we are comfortable with.

This question certainly made me think. It never dawned on me that if a person finances though the seller, that the seller would be naming the cria. If the cria dies during a mishandled delivery by the buyer, does the seller get reimbursed for their property? After all, if they were naming it...they should be paid if the cria dies, right?

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Permalink Reply by Chris Reachard on July 2, 2009 at 7:17pm

Good question Judy - It would actually be a lose for both parties. You should post that question as a discussion and lets see what we get for replies

Thanks Chris

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Permalink Reply by Dena Kotka-Holtz on July 3, 2009 at 10:28am

We just paid off a female. We waited in registering all her crias under our name until she was paid off. At the time the crias were born we had taken their blood samples and stored them. I sent them all in after paying off the female and they are now all registered in our name. If ARI continues to have their discount program every year then that makes it helpful in registering older crias at newborn prices. I would ask ARI if they plan on continueing this in following years and just wait. That is the only reason I could think of wanting to register your crias earlier before the female is paid off.

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Permalink Reply by Janet Tapply on July 3, 2009 at 9:18pm

It is good to get these questions answered in a contract before the cria's are born. We sold a package of females a couple of months ago, in the contract it states that as the monies are applied there is a list of what animals transfer and in which order. With the down payment, the two females that were due first were the animals transfered so when the cria's were born, they belonged to the buyers. It was all up front and the owner selling was OK with that so it worked great for both parties.

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