This is a performance lease agreement related to a brood mare. It is used when the lessee desires to lease another person's horse for the purpose of riding or showing the horse in competitions. It includes provisions for lease payments, permitted uses, care and maintenance, risk of loss, insurance and assumption of risk.
Visalia California Performance Horse Lease Agreement is a legally binding contract between the horse owner and the lessee that outlines the terms and conditions of leasing a performance horse in Visalia, California. This agreement serves as a comprehensive document ensuring a clear understanding of responsibilities and expectations between both parties. It is essential to have a well-drafted agreement to protect the interests of both the horse owner and the lessee. The Visalia California Performance Horse Lease Agreement typically includes the following essential clauses: 1. Parties: Names and contact information of the horse owner (lessor) and the lessee (person leasing the horse). 2. Horse Description: Detailed information about the performance horse being leased, including its name, age, breed, color, registration number (if applicable), and any distinguishing marks or characteristics. 3. Lease Term: The duration for which the horse is being leased, specifying the start and end dates of the agreement. 4. Lease Fee: The amount to be paid by the lessee to the horse owner as a lease fee, along with any additional charges like veterinary fees, farrier expenses, insurance, and transportation costs. 5. Care and Maintenance: Clearly outlines the responsibilities of both parties regarding the care, feeding, grooming, and general well-being of the performance horse during the lease term. This may include provisions regarding stable facilities, turnout arrangements, and the requirement to provide adequate veterinary and farrier care. 6. Riding and Training: Specifies the purpose of the lease agreement, addressing whether the horse can be used for competitive events, training programs, or any other specific activities. It may also include limitations on the lessee's ability to transfer the horse to others or sublease it. 7. Insurance and Liability: States the responsibility for insuring the horse against loss, injury, or death during the lease period. It also addresses liability concerns and waivers of liability for the horse owner and lessee. 8. Termination Clause: Outlines the conditions under which either party can terminate the lease agreement before the agreed-upon end date. This may include provisions for breach of contract, non-payment, unsatisfactory performance, or injury/illness of the horse. 9. Indemnification Clause: Specifies that the lessee will be responsible for any damages caused to the horse during the lease period. 10. Governing Law: Determines that the agreement is subject to the laws and regulations of the state of California. Different types or variations of Visalia California Performance Horse Lease Agreements may exist based on specific requirements or preferences, such as: 1. Full-Time Lease Agreement: This type of agreement allows the lessee to have exclusive use and control of the performance horse for the entire lease term. 2. Partial Lease Agreement: In this arrangement, multiple individuals may share the lease of a performance horse, dividing the costs and responsibilities accordingly. 3. Show Lease Agreement: Specifically designed for leasing a performance horse for competitive events, such as horse shows, dressage competitions, or show jumping tournaments. It is crucial for both the owner and lessee to carefully review the terms of the lease agreement, ensure mutual understanding, and seek legal advice if necessary to protect their rights and interests.Visalia California Performance Horse Lease Agreement is a legally binding contract between the horse owner and the lessee that outlines the terms and conditions of leasing a performance horse in Visalia, California. This agreement serves as a comprehensive document ensuring a clear understanding of responsibilities and expectations between both parties. It is essential to have a well-drafted agreement to protect the interests of both the horse owner and the lessee. The Visalia California Performance Horse Lease Agreement typically includes the following essential clauses: 1. Parties: Names and contact information of the horse owner (lessor) and the lessee (person leasing the horse). 2. Horse Description: Detailed information about the performance horse being leased, including its name, age, breed, color, registration number (if applicable), and any distinguishing marks or characteristics. 3. Lease Term: The duration for which the horse is being leased, specifying the start and end dates of the agreement. 4. Lease Fee: The amount to be paid by the lessee to the horse owner as a lease fee, along with any additional charges like veterinary fees, farrier expenses, insurance, and transportation costs. 5. Care and Maintenance: Clearly outlines the responsibilities of both parties regarding the care, feeding, grooming, and general well-being of the performance horse during the lease term. This may include provisions regarding stable facilities, turnout arrangements, and the requirement to provide adequate veterinary and farrier care. 6. Riding and Training: Specifies the purpose of the lease agreement, addressing whether the horse can be used for competitive events, training programs, or any other specific activities. It may also include limitations on the lessee's ability to transfer the horse to others or sublease it. 7. Insurance and Liability: States the responsibility for insuring the horse against loss, injury, or death during the lease period. It also addresses liability concerns and waivers of liability for the horse owner and lessee. 8. Termination Clause: Outlines the conditions under which either party can terminate the lease agreement before the agreed-upon end date. This may include provisions for breach of contract, non-payment, unsatisfactory performance, or injury/illness of the horse. 9. Indemnification Clause: Specifies that the lessee will be responsible for any damages caused to the horse during the lease period. 10. Governing Law: Determines that the agreement is subject to the laws and regulations of the state of California. Different types or variations of Visalia California Performance Horse Lease Agreements may exist based on specific requirements or preferences, such as: 1. Full-Time Lease Agreement: This type of agreement allows the lessee to have exclusive use and control of the performance horse for the entire lease term. 2. Partial Lease Agreement: In this arrangement, multiple individuals may share the lease of a performance horse, dividing the costs and responsibilities accordingly. 3. Show Lease Agreement: Specifically designed for leasing a performance horse for competitive events, such as horse shows, dressage competitions, or show jumping tournaments. It is crucial for both the owner and lessee to carefully review the terms of the lease agreement, ensure mutual understanding, and seek legal advice if necessary to protect their rights and interests.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
