New Hampshire Performance Horse Lease Agreement
Description
How to fill out New Hampshire Performance Horse Lease Agreement?
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FAQ
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.
There is no specific form of a contract of lease. Like any other contract, a contract of lease shall be signed by the lessor and the lessee and shall contain the personal information of the parties and all the terms and conditions that they have agreed upon.
Decide How Many Days the Lease Is For. Will you be offering a part or a full lease of your horse? Determine What Experience the Rider Needs. Decide on the Lease Price. Decide on the Lessee's Responsibilities. Determine Any Limitations. Draw Up a Contract.
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.
Full Leasing a Horse 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.
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.
The Lease Must be in Writing It does not matter if the lease is handwritten or typed. If the lease is for more than one year, it must be in written form and contain the following terms.
Lease-to-Buy Equine Contract To purchase the horse, the buyer will pay the full purchase price during the lease term. During this time, the buyer will continue making lease payments per the parties' agreement, which will potentially go toward the total purchase price of the horse.