How do you calculate lease price on a horse?

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.

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Florida Brood Mare Lease Agreement

Palm Beach Florida Brood Mare Lease Agreement

Name: Palm Beach Florida Brood Mare Lease Agreement
Brand: US Legal Forms
Rating: 4.66 (233 reviews)

Category:

Florida Animals - Horses

State:

Florida

County:

Palm Beach

Control #:

FL-20-06

Format:

Instant download

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Description

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.

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How to fill out Palm Beach Florida Brood Mare Lease Agreement?

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FAQ

Under the Broodmare Lease, the client is responsible for all breeding-related expenses: semen shipping fees, breeding shots, and all breeding-related vet visits for the mare and foal.

What is this? With a half lease, you typically ride the horse 3 days a week (many owners require one ride to be a lesson). Another rider will have the horse for the other 3 days. With a full lease, you'll get either 5 or 6 days of riding each week (again, many owners may require a weekly lesson).

What care is the lessee responsible for providing? 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.

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.

Overall, the North American broodmare market was down slightly, with the average broodmare price dipping 0.8% to $83,161 compared with a 2017 average of $83,799. The North American median, however, decreased nearly 12% to $15,000.

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.

How much does it cost to lease a mare for breeding? A $250.00 deposit is required to reserve a mare for the Breeding Lease Program. Once you begin the breeding process, a montly lease fee of $150.00 will be charged. You are responsible for this monthly fee until the resulting foal is born.

Traditionally, the lessee absorbs all care and breeding expenses of the mare and foal. The owner traditionally will maintain insurance on the mare. Some agreements have a lease fee for the use of the mare, while others may ask for the return of the mare in foal.

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.

More info

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Palm Beach Florida Brood Mare Lease Agreement

Description

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