Las Vegas Nevada Performance Horse Lease Agreement
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FAQ
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.
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.
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.
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.
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.
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.
What Does Leasing a Horse Mean? When you are leasing a horse, you are paying a set fee for the ability and privilege of additional riding time on that particular horse. In many ways, leasing a horse is similar to owning a horse, albeit with fewer financial responsibilities.
Full versus partial lease. A full lease means there are no restrictions on when the lessee can ride or otherwise use the horse. In a full lease, the owner typically does not use the horse. A partial lease, sometimes called a half lease, means the lessee can use the horse only part of the time.
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.