Jacksonville Florida Performance Horse Lease Agreement
Description
How to fill out Florida Performance Horse Lease Agreement?
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FAQ
Am I required to have a USEF membership in order to compete? To compete in a USEF Licensed competition, the rider, owner, trainer, handler, driver, and coach are required to either have an Active membership or pay a show pass fee of $45 per competition.
A lease agreement should specify who is responsible for ensuring the horse receives adequate shelter, feed and water, grooming, exercise, farrier care, dental care, and veterinary care, including vaccines and deworming.
Most owners allow you to use their tack. You'll need to buy your own apparel. Some horses may already be covered under the owner's insurance policy. Don't be surprised if the owner requires you to purchase it with a full lease.
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.
How do I register the lease with USEF? A: The lease registration fee of $60 must be submitted to the USEF office with a copy of the lease agreement signed by lessee and lessor. USEF does not accept agent signatures for the purposes of registering a lease.
If you need assistance or have any questions, please call US Equestrian Customer Care at 859-258-2472, email to customercare@usef.org or use the online live chat feature on the Support page to reach a representative.
Different horse leases that are available include, full lease, half lease, quarter lease, free lease, paid lease, practice rides, free horse riding. The leases may be either on-farm or off-farm depending on the agreement with the owner.
For a full lease, the lease fee is most often about 25% ? 30% of the horse's entire perceived value paid annually. So, for a horse worth $10,000, you can expect a lease fee of around $2500 yearly.
It's called the ?half lease.? 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.
