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.
Equine Lease Agreement Template For Word
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A half lease typically entails three rides per week and the base cost is half of the horse's expenses. This averages the estimated lease fee to $350 per month. Ride times, jumping outside of lessons, and lessee's fiscal responsibility are regulated directly by the owner and an agreed upon contract.
At the other end of the leasing spectrum is what's known as a feed lease. This is where you are only responsible for whatever it costs to feed or board the horse. All other care (farrier and vet bills, etc.) remain the responsibility of the horse's owner.
Specific details that you may want to include in the Horse Lease Agreement are:A description of your horse and its estimated value.Contact information for the renter.How payment will be made.What the start and end dates are.Who will be financially responsible for veterinary care.More items...
In order for a lease to be successful, though, you will want to make sure you follow these seven tips.Be Honest About Your Experience.Decide What Type of Lease Is Right For You.Think About What Characteristics You Need In a Horse.Bring Your Trainer Along.Ask Plenty of Questions.Always Sign a Contract.
Lessee and owner share portions of the care, the lease agreement should specify who is responsible for each type of expense (such as board, feed, medical care, farrier care, dental care, et cetera). The lease agreement should also specify how expenses are paid.
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Horse Lease Contract. Horse Leases are widely used in the horseback riding and racing business.HORSE LEASE AGREEMENT (Full Lease ____ , Half Lease ____). 1. As with any other contract, a Horse Rental Agreement will not be legally binding until all parties to the agreement have signed. Find car insurance and sample contracts templates in word and pdf. Car insurance for auto owners. Download sample Equine Lease Agreement template in PDF or Word format. This agreement entered into on the day of. ,. Liverystable.net does not assume responsibility for any omissions or content on this form and is not liable for any damages to Horse Owner or Lessee. Complete Equine Lease Agreement in minutes, not hours.