Full Time Horse Lease Agreement

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What is a full-time horse lease agreement?

A full-time horse lease agreement is a legal contract between the owner of a horse and an individual who wants to lease the horse on a full-time basis. It outlines the terms and conditions of the lease, including the duration of the lease, the responsibilities of both parties, and any financial arrangements. This type of lease agreement allows someone to have full-time access to a horse without the long-term commitment of ownership.

What are the types of full-time horse lease agreements?

There are different types of full-time horse lease agreements that can be customized to fit the specific needs and preferences of both the horse owner and the lessee. Some common types include: 1. Full-care lease: In this type of lease, the lessee is responsible for all aspects of the horse's care, including boarding, feed, farrier and veterinary expenses. 2. Partial-care lease: With a partial-care lease, the lessee shares the responsibility of caring for the horse with the owner. This may include splitting boarding costs or taking turns with feeding and grooming. 3. Riding lease: A riding lease allows the lessee to ride or use the horse for a specific number of hours or days each week, without the responsibility of full-time care. 4. Competition lease: This type of lease is specifically tailored for competitive riders who want to lease a horse for the purpose of participating in horse shows or competitions. The terms of the lease may include provisions for training, coaching, and competition fees.

Full-care lease
Partial-care lease
Riding lease
Competition lease

How to complete a full-time horse lease agreement

Completing a full-time horse lease agreement involves the following steps: 1. Discuss and negotiate the terms: Both parties should have an open and honest discussion about the terms and conditions of the lease. This includes the duration of the lease, the financial arrangements, and the responsibilities of each party. 2. Use a template or create a customized agreement: Using a template can make the process easier and ensure that all necessary information is included. Alternatively, the parties can create a customized agreement that suits their specific needs. 3. Fill in the details: The lease agreement should include the names and contact information of both parties, a description of the horse being leased, and any specific terms or conditions. 4. Review and sign the agreement: Both parties should carefully review the lease agreement to ensure that all the terms are clear and fair. Once satisfied, they can sign the agreement to make it legally binding. 5. Keep a copy: It is important for both parties to keep a copy of the fully executed lease agreement for their records.

01
Discuss and negotiate the terms
02
Use a template or create a customized agreement
03
Fill in the details
04
Review and sign the agreement
05
Keep a copy

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Questions & answers

It may sound crazy for advanced equestrians to consider half-leasing, but this is a great option to save money while getting horse, training and riding exposure that people who have been riding for years have.
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.
What care is the lessee responsible for providing? 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.
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. With respect to the lessee, a half lease can act as a steppingstone into horse ownership. However, it's not an agreement that should be taken lightly.
HALF LEASE: For $200 per month you have a horse of your own three days each week, including preferred use of that horse for your riding lessons, camps and clinics. You must still take your regular riding lessons during your lease period, and riding times may be specified as daytime or evening.
A partial lease arrangement, also known as a half lease, usually provides you with the ability to ride the horse you are leasing during certain days of the week. In a partial lease, you will be sharing the horse with another rider or the owner.