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.
The West Covina California Performance Horse Lease Agreement outlines the terms and conditions between a horse owner and a lessee who wishes to lease a performance horse in West Covina, California. This agreement is designed to protect both parties' rights and clearly define the responsibilities, expectations, and obligations associated with leasing a performance horse. The West Covina California Performance Horse Lease Agreement typically includes the following key elements: 1. Parties Involved: The agreement begins by clearly identifying the horse owner (lessor) and the person or entity leasing the horse (lessee). Full legal names, addresses, contact information, and relevant identification details are provided for each party. 2. Horse Details: A detailed description of the performance horse being leased is included, including its registered name, breed, age, color, markings, and any distinguishing characteristics. The lease agreement may specify the intended use of the horse, such as Western or English riding disciplines, trail riding, or competition. 3. Lease Term: The agreement specifies the start and end dates of the lease term. It may also include provisions for renewing or terminating the lease early, if desired. 4. Lease Fee and Deposit: The monthly lease fee payable by the lessee is clearly mentioned, along with the due dates and the preferred method of payment. Additionally, it may require a security deposit, which will be refundable after the termination of the lease period, provided the horse is returned to the same condition. 5. Care and Maintenance: The agreement outlines the lessee's responsibilities for the horse's daily care, feeding, grooming, exercise, and any necessary medical or veterinary care. It may also specify if the lessee is allowed to pasture the horse or if stall boarding is required. 6. Insurance and Liability: The lease agreement may require the lessee to obtain liability insurance for themselves and the horse, protecting both parties from potential accidents, injuries, or property damage. It may also include a hold harmless clause to protect the lessor from any liability arising from the lessee's actions or behaviors during the lease period. 7. Use and Restrictions: The agreement outlines the permitted uses of the horse, such as training sessions, lessons, shows, or competitions. Any restrictions on the horse's activities, travel, or training methods are specified in detail. 8. Indemnification: The lease agreement may include an indemnification clause, which ensures that the lessee will assume responsibility for any legal fees, damages, or losses incurred due to the horse's actions or behaviors during the lease period. Different types of West Covina California Performance Horse Lease Agreements may exist, each tailored to specific needs or preferences. For example, there may be variations in lease duration, lease fees, and terms regarding competition participation, breeding rights, or specific care requirements. It is important for both parties to thoroughly review and negotiate the terms of the agreement to ensure it meets their individual needs and expectations.The West Covina California Performance Horse Lease Agreement outlines the terms and conditions between a horse owner and a lessee who wishes to lease a performance horse in West Covina, California. This agreement is designed to protect both parties' rights and clearly define the responsibilities, expectations, and obligations associated with leasing a performance horse. The West Covina California Performance Horse Lease Agreement typically includes the following key elements: 1. Parties Involved: The agreement begins by clearly identifying the horse owner (lessor) and the person or entity leasing the horse (lessee). Full legal names, addresses, contact information, and relevant identification details are provided for each party. 2. Horse Details: A detailed description of the performance horse being leased is included, including its registered name, breed, age, color, markings, and any distinguishing characteristics. The lease agreement may specify the intended use of the horse, such as Western or English riding disciplines, trail riding, or competition. 3. Lease Term: The agreement specifies the start and end dates of the lease term. It may also include provisions for renewing or terminating the lease early, if desired. 4. Lease Fee and Deposit: The monthly lease fee payable by the lessee is clearly mentioned, along with the due dates and the preferred method of payment. Additionally, it may require a security deposit, which will be refundable after the termination of the lease period, provided the horse is returned to the same condition. 5. Care and Maintenance: The agreement outlines the lessee's responsibilities for the horse's daily care, feeding, grooming, exercise, and any necessary medical or veterinary care. It may also specify if the lessee is allowed to pasture the horse or if stall boarding is required. 6. Insurance and Liability: The lease agreement may require the lessee to obtain liability insurance for themselves and the horse, protecting both parties from potential accidents, injuries, or property damage. It may also include a hold harmless clause to protect the lessor from any liability arising from the lessee's actions or behaviors during the lease period. 7. Use and Restrictions: The agreement outlines the permitted uses of the horse, such as training sessions, lessons, shows, or competitions. Any restrictions on the horse's activities, travel, or training methods are specified in detail. 8. Indemnification: The lease agreement may include an indemnification clause, which ensures that the lessee will assume responsibility for any legal fees, damages, or losses incurred due to the horse's actions or behaviors during the lease period. Different types of West Covina California Performance Horse Lease Agreements may exist, each tailored to specific needs or preferences. For example, there may be variations in lease duration, lease fees, and terms regarding competition participation, breeding rights, or specific care requirements. It is important for both parties to thoroughly review and negotiate the terms of the agreement to ensure it meets their individual needs and expectations.
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.