The following form is a generic lease for the breeding services of a stallion. Title to the stallion, of course, remains vested in the owner/lessor, although the stallion will be located on the lessee's premises.
The following form is a generic lease for the breeding services of a stallion. Title to the stallion, of course, remains vested in the owner/lessor, although the stallion will be located on the lessee's premises.
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In most cases, lease fees are negotiable. 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.
AQHA provides a simple breeding lease ( ), which requires both owner and lessee to sign with a beginning and ending date. This allows the lessee to register any resulting foals in his or her name without owning the mare.
In many ways, leasing a horse is similar to owning a horse, albeit with fewer financial responsibilities. For many equestrians and horse lovers, leasing a horse is a great step towards eventual horse ownership and learning everything that goes into caring for horses.
Full-Lease In the full lease situation, the lessee usually pays for all of the horse's costs, such as boarding, feed, veterinarian bills, and farrier bills, in return for being able to use the horse whenever the lessee wants. This situation is the most akin to horse ownership.
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.
A Horse Lease is an agreement where a horse owner (the "lessor") allows another person or business (the "lessee") access to a horse in exchange for an agreed-upon payment that partially covers things such as boarding, feed, and veterinary bills.
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...
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.
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.