Breeding loan

[SnowShredder]

It's a great idea to have a breeding loan contract but without it being notarized and both parties signing, it's rather pointless unless for your comfort.

I know this because my friend loaned his sister a fair bit of money and had her sign a contract to pay him back and how much a month it was going to be. It was notarized and all but she never paid him back and there wasn't even much he could do. So while I wouldn't write up a contract personally but I would only do a breeding loan with a select few people that I trust.

I could get it notarized, I just didn't even think about that. When my girlfriend loaned her horse (loaning from someone else) the contract was similar to mine and hadn't been notarized. Was that a mistake on their part?
I don't TRUST the guy because I don't know him personally, but he is part of a local reptile group and I have a hard time seeing him breaking the contract.
His only reason that he wants to do this is because he wants one of his girls' babies, and not for profit.

I don't think this guy will do anything funny, but that's why I wanted it all written out Just in case. If it was notarized vs not notarized, would that make a big difference if the contract was broken?

I've had documents notarized before but never something I've written myself. Does it work the same way though? It doesn't matter that it's not an official document?