Can I decide not to sell a foal to a buyer if I've already got a signed intent to purchase from them?

[bedyw25]

I, _____________________, hereby referred to as “Buyer”, agree to purchase --------------- (ApHC#Pending). The price for the 2012 filly is $3,500 US Funds.
Please make all checks out to ------------
The buyer is to board horse at-----------located at ------------------starting at the age of four months. If horse is to leave property the purchase price plus all bills incurred on horse is to be paid in full. At the age of four months horse becomes buyers responsibility. Seller will not be liable for injuries after this time. Any injuries or death prior to four months is sellers responsibility and any monies paid prior will be refunded in full in the case of death of said filly.

Seller makes no promises, express or implied, including the warranties of fitness for a particular purpose unless further provided in this agreement.

Payments will be accepted on purchase price of said horse. Payments will be accepted in any increments at a minimum of 100.00 per month. Horse must stay boarded at ---------until his purchase price is paid in FULL. At the rate of 100.00 a month filly will be paid off July 2014. (35 payments @ 100.00)
Filly is not to be bred until paid in Full.

Pasture board will be offered at the following prices:
125.00 until one year of age: April 1, 2013
150.00 until two years of age: April 1, 2014

Rates are subject to change with 30 days notice.

Filly will be registered with ApHC by seller. Registration papers will be signed over to buyer upon final payment of purchase price.

Seller and buyer must sign and date below for this contract to be binding.

Seller: ____________________________ Date:______________

Buyer: _____________________________ Date:______________


This is the contract I have with the buyer. Filly is a month old right now. The buyer currently boards two other horses with me and quite honestly ive been having trouble getting their board for their current two horses on time. I talked with them about possibly her being too much for the to afford as her payment and board would add an additional 200 + dollars a month. And if they cant get their current bills to me on time I'm concerned that this horse will have the same issues. Legally can I back out of selling them the horse?

[culley96]

yes