What Is a Horse Lease Agreement?
A horse lease agreement - also known as a horse lease contract - is a contract signed by two parties (lessor and lessee) when leasing a horse that addresses the responsibilities and obligations of the lessor and the lessee. Usually, the purpose of this agreement is mentioned in the papers as the training and showing under the supervision. It is widely used in the horseback riding and racing business, or, if you are not ready to buy a horse, a temporary arrangement may be the best option for you. That way you can develop a one-on-one relationship with the horse without having to purchase it. If you’re ready to lease, you can browse the links below and find horse lease agreement templates to document all the terms and conditions of the deal both you and the lessor must know about.
What Does a Horse Lease Include?
Any agreement to lease a horse usually includes the duration of the contract, lease price, animal care (veterinary care and other experts, if needed), description of prohibited activities, required insurance, permitted riders and frequency of rides and shows, transportation, and a termination clause. It is very important for the lessor to state the ownership of the horse and provide all of the horse's information, including registration numbers and various documentation.
Even though that is a lot to consider and the list of requirements seems daunting at first, horse leases should work to the benefit of both parties and for the horse as well.