This is a performance lease agreement related to a brood mare. It is used when the lessee desires to lease another person's horse for the purpose of riding or showing the horse in competitions. It includes provisions for lease payments, permitted uses, care and maintenance, risk of loss, insurance and assumption of risk.
South Dakota Performance Horse Lease Agreement
Instant download
Description
Free preview
How to fill out South Dakota Performance Horse Lease Agreement?
Use US Legal Forms to get a printable South Dakota Performance Horse Lease Agreement. Our court-admissible forms are drafted and regularly updated by skilled lawyers. Our’s is the most complete Forms library on the web and provides reasonably priced and accurate samples for customers and legal professionals, and SMBs. The templates are grouped into state-based categories and a number of them can be previewed prior to being downloaded.
To download samples, customers need to have a subscription and to log in to their account. Click Download next to any template you need and find it in My Forms.
For those who don’t have a subscription, follow the following guidelines to quickly find and download South Dakota Performance Horse Lease Agreement:
- Check to ensure that you get the correct form in relation to the state it’s needed in.
- Review the document by looking through the description and using the Preview feature.
- Click Buy Now if it’s the document you need.
- Generate your account and pay via PayPal or by card|credit card.
- Download the form to your device and feel free to reuse it many times.
- Use the Search field if you need to get another document template.
US Legal Forms offers thousands of legal and tax templates and packages for business and personal needs, including South Dakota Performance Horse Lease Agreement. More than three million users already have utilized our platform successfully. Select your subscription plan and get high-quality documents within a few clicks.
Form popularity
FAQ
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.
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.
The Half-Lease Contract.In this type of agreement, the owner of the horse or lessor splits the horse's care expenses and riding time with a lessee. It can be a beneficial way to save money on board, feed, vet bills, etc., and it can be great for your horse if your own saddle time is limited.
Leasing a horse is nearly always less expensive than buying one.Leasing often allows riders of all levels to get a better quality horse than they might buy. Horse owners don't usually sell their best or most promising horses, but do lease them out when they don't have time for them or need some extra income.
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. It won't be used for lessons, the owner will not ride it, and you'll be responsible for making sure the horse gets the attention & exercise it deserves.
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.
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.