Thanks for the replies!
My partner and I intend to create an extensive contract that will be notorized (if that really would make much of a difference) that would place nearly all financial responsibility on her. Including medical/hay/bedding/upkeep/damage to property/upgrades required etc.. I will only be covering the grain at the price of 28 bucks a month for 2 bags, I don't mind putting the work into it (that may change) because I figure im young, have the energy, and wont be doing it for more than 2 years. I probably would not require compensation for cleaning out the stalls, but would require that she contributes to it at least 50 percent of the effort to do so.
If the horse got out of a fence put up and paid for by her, and the contract states that she assumes the responsibility, how much liability would I realistically have for any damage incurred by the horse?? I know its getting into a hairy situation, but assuming it wasnt my own negligence(forgot to shut gate or something) wouldnt the legal blame be shifted mostly on her??
Basically the agreement is going to state that literally ANYTHING that happens will be her financial responsibility other than the 28 bucks a month we will contribute towards food. And if she doesnt like the way we treat the horse, or if we don't like the way she's handling the situation (money, attitude etc.. ) then the horse will be removed at her expense within 30 days of notification in either direction.
I look at this basically as a learning experience for myself, I probably wont have the opportunity to have the land/equipment later in life, so with this presenting itself im interested in gainin first hand experience, but cautious towards the reality of the situation.