![]() ![]() If it’s a shared-boarding lease agreement, both parties will have access to the animal and more restrictions will be given on what a lessee could do, but the owner will have the financial responsibilities for the care. Above all, the lease must be clear and beneficial to both parties, especially on the matter of renewals.Ī horse lease can be for full time, giving the borrower or lessee complete access and more often responsibility for veterinary care and boarding prices. In addition, the lease terms should address insurance, maintenance, heirs, and veterinary services. The methods for horse lease termination notice or extension must be defined clearly to avoid misunderstandings. The lease terms should identify how the horse should be used and how to handle the monetary exchange. One of the more important items for you to identify in this lease would be establishing the horse value. For both types, the contract generally specifies the horse owner and the lessee, the lease duration, and the type of horse. There is one for breeding and another for recreation and sport. If you are entering into horse lease contract, you’ll have two types to choose from. ![]() This agreement in writing will help to protect you from legal troubles, as well as ensure that the horse is well-cared for. ![]() Do you own a horse or is thinking of leasing one? If the answer is yes for either one, then it is highly likely that you will enter into a horse lease agreement at some point. ![]()
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