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Equine Lease Agreement DOC Form
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People also ask
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Should I half lease my horse?
It can be a beneficial way to save money on board, feed, vet bills, etc., and it can be great for your horse if your own saddle time is limited. With respect to the lessee, a half lease can act as a steppingstone into horse ownership. However, it's not an agreement that should be taken lightly. -
How much should I lease my horse for?
Lease prices vary considerably but are often 20-30% of a horse's purchase price per year. You might choose to lease a horse for many reasons. Perhaps you're new to riding and want to see if you enjoy it before committing to ownership. Or, maybe you need more time in the saddle before you're ready to buy. -
What are the pros and cons of leasing a horse?
Leasing A Horse Pros. You can stop paying for the lease whenever you want (if not in a long term lease contract) Typically much cheaper than buying a horse. ... Cons. The horse still doesn't belong to you so the owner has the final say. You may still have to share your horse with other people, depends on the terms of the lease. -
What does a horse lease include?
Full lease: As the lessee, you're responsible for all the horse's expenses. You pay an agreed-upon fee in full at the start of the lease. Half or partial lease: You pay half the horse's expenses and get a set amount of time or number of days you can ride him each week. -
When you lease a horse do you need your own tack?
TACK REQUIREMENTS To participate in the leasing program you must purchase your own tack. -
Is half leasing a horse a good idea?
The benefit of half-leasing is that generally you're not responsible for the cost of injury (depending on the your agreement with the owner). If the horse you're riding inevitably injures itself trying to donkey kick the horse three paddocks over, you may be able to hop on another horse and keep learning. -
How do I write a lease agreement for a horse?
In exchange for the exclusive use of the above-named (mare, gelding or stallion) (horse's name) during the period of this lease, the Lessee does hereby agree to assume all responsibilities and to pay all normal and necessary expenses for the care of said horse consistent with the practices of good animal husbandry, ... -
Can I make money leasing my horse?
While leasing a horse once or over multiple years can prove financially advantageous, the lessor's profit may dwindle quickly if the duration between the next lease is lengthy. Ownership of the horse in between leases can be costly, especially if the horse is being boarded.
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