I need to know when do I legally own property - when I have paid for it completely or when I take possession?

Question Details:

I purchased a whitetail doe at an auction. I paid 50% down at that time. The agreement is as follows - the seller will breed the doe free of charge and keep the doe on his farm until after it fawns. I have the choice of picking up the doe and offspring at that time or leaving them all on his farm and re-breeding the doe and picking up all animals the next year. At that time I will be responsible for paying the remaining 50% plus boarding fees for all animals. When do I legally own the deer and offspring?

Asked 12/11/2011 under Business | 59 View(s) | More Legal Topics