Leasing your first horse Form 2023

Leasing your first horse Form: What You Should Know

You are responsible for the total cost of leasing the horse and pay a fee to the lessor for the services rendered. Fees may be paid quarterly during the first four months of the contract (minimum of 150 for 400 horse). This fee is non-refundable. There are also no penalties for late payment during the first four months of the lease; however, there may be penalties after the first 4 months, as long as all monthly payments, which are non-refundable, are made. There are NO penalties for late payment beyond the first two or three consecutive rental payments due for that particular lease. You may use either the Horse's Name OR the Lessor's Name on the lease and must give the Lessor complete authority to use the Horse's Name by publishing the Horse's Name on the lease agreement, the contract package, or an extension package. If you would like to sign an unlimited lease for a horse, the lease expires on May 31, 2015. You can then sign the lease for an unlimited amount of time. You cannot sign another extension or renew of an unlimited lease prior to the end of the 3-year term. The Lease Contract (PDF): Leasing: Everything You Need To Know! Lease: Everything You Need To Know! Leases include:  The Horse Owner (lease) The horse owner MUST be willing to accept responsibility for all expenses related to the horse that are related to the lease and related to the lease (e.g. transportation, bridle training, etc.). For example, if the horse owner pays for a specific type of training and the horse wants to change courses, the horse owner must give up that privilege. If your horse only needs basic training, and you do not want to pay for any training (e.g. bridle racing, jumping), the lease is not for you, and it is important to make sure you sign a lease that allows for use of these services. If the horse owner only requires training, you should sign a leasing agreement that lets them use their own facilities, equipment and instructors to teach the lease when necessary or desired by the lease and their lease. Your name MUST be put on the lease in the manner of your choosing or the lease will be null and void. If the lease allows for the horse owner to use their own facility or equipment, and you do not allow the horse owner to do this, you cannot sign a lease for a lease for a lease.

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