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The cost of lease is typically 1/3-1/2 of value, but can be much less than the cost of purchasing a comparable animal. Only one commission is paid to a trainer at the onset of a lease. Buying and selling a horse has two commissions ? at purchase and again at sale. Leases cost a fixed amount.
Quarter Lease You would share a lease with another rider (besides sharing with lessons). This means you have access horse 1 day a week, days depending on deal made with the other Lessee.
In exchange for the exclusive use of the above-named (mare, gelding or stallion) (horse's name) during the period of this lease, the Lessee does hereby agree to assume all responsibilities and to pay all normal and necessary expenses for the care of said horse consistent with the practices of good animal husbandry, ...
The lease agreement designates what days and times you are allowed to ride the horse and for what period of time. Most leases are 6 months to a year, but at some facilities you can do it month to month. Leases are great because you are riding the same horse each time, multiple times a week.
tomonth lease is perfect for new riders, kids, riders moving up in skill level, and riders not sure of what breed or discipline they'd like to work with long term. A seasonal lease is better if you want to show the horse, or if weather precludes riding during part of the year.