Equine Lease Agreement Template For Word
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FAQ
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.