Partial Horse Lease Agreement Form
Description
How to fill out Colorado Performance Horse Lease Agreement?
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FAQ
When you full lease a horse you pay an agreed upon fee for exclusive access to the horse. This means you are the only one riding the horse. It won't be used for lessons, the owner will not ride it, and you'll be responsible for making sure the horse gets the attention & exercise it deserves.
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.
A quarter-lease for $80 per month gives you a horse of your own one day 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.
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. With respect to the lessee, a half lease can act as a steppingstone into horse ownership. However, it's not an agreement that should be taken lightly.
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.