Gilbert Arizona Performance Horse Lease Agreement

Name: Gilbert Arizona Performance Horse Lease Agreement
Brand: US Legal Forms
Rating: 4.68 (327 reviews)

Category:

Arizona Animals - Horses

State:

Arizona

City:

Gilbert

Control #:

AZ-21-06

Format:

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Description

This is a lease agreement concerning a performance horse. It is to be signed by both the Lessor and Lessee. It may be downloaded in both Word and Rich Text formats.

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FAQ

You can typically expect to pay anywhere from half to all of a horse's board. You may also share in vet and farrier fees. If you do a full lease, the owner may require you to invest in horse insurance.

HALF LEASE: For $200 per month you have a horse of your own three days each week, including preferred use of that horse for your riding lessons, camps and clinics. You must still take your regular riding lessons during your lease period, and riding times may be specified as daytime or evening.

Leasing a horse is nearly always less expensive than buying one. It's a relatively low-cost option between owning a horse outright and using a rotating carousel of school horses at the stables. You get the consistency of riding one horse without much of the expense.

A partial lease arrangement, also known as a half lease, usually provides you with the ability to ride the horse you are leasing during certain days of the week. In a partial lease, you will be sharing the horse with another rider or the owner.

There's not always a lease fee on shared leases, and if there is, it's usually much less than on a full lease. For a full lease, the lease fee is most often about 25% ? 30% of the horse's entire perceived value paid annually. So, for a horse worth $10,000, you can expect a lease fee of around $2500 yearly.

Full-Lease In the full lease situation, the lessee usually pays for all of the horse's costs, such as boarding, feed, veterinarian bills, and farrier bills, in return for being able to use the horse whenever the lessee wants. This situation is the most akin to horse ownership.

A lease agreement should specify who is responsible for ensuring the horse receives adequate shelter, feed and water, grooming, exercise, farrier care, dental care, and veterinary care, including vaccines and deworming.

It's called the ?half lease.? In this type of agreement, the owner of the horse or lessor splits the horse's care expenses and riding time with a lessee. 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.

In the full lease situation, the lessee usually pays for all of the horse's costs, such as boarding, feed, veterinarian bills, and farrier bills, in return for being able to use the horse whenever the lessee wants.

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Gilbert Arizona Performance Horse Lease Agreement

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What do you pay for when leasing a horse?

How much does it cost to partially lease a horse?

Is leasing a horse cheaper than buying?

What is a 1/2 lease on a horse?

How do you determine the lease price of a horse?

How does a full horse lease work?

What should be included in a horse lease agreement?

What does a half lease of a horse include?

Who pays for what in a horse lease?

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What are the responsibilities of the lessor?

What are the responsibilities of the lessee?

Can the lessor terminate the lease agreement early?

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