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To fill out a Kansas Performance Horse Lease Agreement, start by gathering essential details about the horse, the lessor, and the lessee. Include information such as names, contact details, and specific terms of the lease, such as duration and payment. Make sure to outline responsibilities, care requirements, and usage rights clearly to avoid misunderstandings. Utilizing US Legal Forms can simplify this process, providing templates that ensure your lease agreement meets legal standards.
Generally, the cost of a full lease for a year will range from 25 to 30 percent of the horse's value?in other words, about $2,500 for a horse worth $10,000. Although that still may seem a sizeable investment for a budget-minded rider, it's a practical way to have access to a worthwhile horse.
Option #1: The person leasing the horse is responsible for all of the horse's expenses (board, feed, veterinary, farrier, etc). The person leasing the horse may ride or use the horse any time they'd like. Full leases rarely restrict riding days, times, or horse-related events, like attending a horse show.
A free lease means that the horse is leased to someone without any payment to the owner. When you have a free lease you retain ownership and control of your horse but your horse, in best case scenarios, is still cared for and loved. Everyone wins. The owner has good care for the horse they love.
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.
FULL LEASE: For $400 per month, you will have full, exclusive use of the horse. Full-leases require that you also pay to the costs of routine farrier and health care, which will vary according to the horse's needs.