Standard Horse Lease Agreement

The most obvious detail is the type of lease. Do you want to try a full rental or a partial lease (also called a half-lease or share board)? In a partial rental, more than one person can rent the horse at the same time (or you share the horse with the owner), so that the riding days must be divided between the parties. You may only be able to drive two to three times a week, but a semi-lease is usually cheaper and less complex and can work well for someone who is not in serious competition. While the list of reflections may seem frightening at first glance, horse leases can and often work for the benefit of both parties – and also for the horse. The key is to be informed before any agreement, to enter into a lease agreement with only one person you trust, to adapt the conditions to your respective situation and to ensure that the conditions are fair before accepting them. The reasons for renting are as varied as the spots on an appaloosa. Sometimes financial considerations come into play, or work schedules make it difficult to take full responsibility for the property. Perhaps you have recently lost a beloved horse and you are not ready to make the same kind of emotional investment in another animal. Or maybe you would like to hire a special horse for breeding or dense competition so that you would have a horse of superior quality than you could otherwise pay. Although a semi-lease does not need to be entered into by a lawyer to be legal, Julie strongly recommends working with a lawyer.

Just make sure that the lawyer you choose to comfortably design a half-lease, as very few lawyers are horse specialists. “If the play between the horse and the tenant is unsuitable or if the economic or geographic circumstances change, the tenant could have an escape hatch in the contract,” explains Julie. This is one of the most important factors for the horse owner to consider, and Julie points out that “home” releases are more likely to fail in court than those designed by lawyers. According to Roni McAbee, owner and operator of South Wind Stables in Binghamton, New York, there are always reasons why his students choose to rent. Most often, it is to know the responsibility of the property before committing to the purchase. That`s what the Babcocks decided to do for their rented support. “We paid extra money so the owner could buy insurance on the price of the pony,” Babcock says. In this way, both parties would have been protected if something had happened to the pony while he was in the care of their daughter.

Horse rental contracts can be found online; However, you should consider carefully if you want to use it. That`s why Roberta Armstrong chose to rent a horse for her daughter Haley. “If someone makes promises to them about what they`re going to do, what payments they`re going to make, what quality they`re going to give the horse… If they ask to write it, they should not hesitate,” says Fershtman. If they fail or refuse to write it, you are made to lose the risk that they may not be the best people you can manage. Have you ever wanted to halve your horse maintenance costs? Or perhaps dreamed that your horse could be exercised more times during the week? There is a way to achieve both of these goals and keep ownership of your horse.