Suppose... - Page 2
 
 

       The Horse Forum > Horse Resources > Horse Law

Suppose...

This is a discussion on Suppose... within the Horse Law forums, part of the Horse Resources category

     
    LinkBack Thread Tools
        11-02-2009, 02:42 PM
      #11
    Trained
    Quote:
    Originally Posted by BaliDoll    
    No, there is no way that the leasee should get anything unless they paid all months up front, like others have said. If they paid for a year and the horse died after 8 months, then yes, you'd owe them the 4 months they didn't have the horse to use. It should all be in the lease agreement, if it was drawn up fairly professionally...
    Yes they would not be charged for those 4 months but that will go towards the cost of the horse if it was not insured. If you lease a horse and something happens to it you are responsible to pay for that horse. Unless there is something in the agreement that changes that.
         
    Sponsored Links
    Advertisement
     
        11-03-2009, 12:59 PM
      #12
    Weanling
    ^ If you're leasing to own maybe...? What if you are just leasing to ride/show it? When I leased a horse this past year my eventual goal wasn't to buy him so in our contract we just said I would get any money I had paid ahead (which I only did month to month) back if he was out of use for months or what have you, UNLESS he was injured/died while I was with him and/or it was due to a direct result of something I did.

    I will say though, the people who I leased from weren't horse folks, they were total newbies who leased him to me because they had their hands full with an intermediate horse... so maybe they didn't do the "usual" thing, but I would set up my lease that way if I were to lease my horse out. It's fair.
         
        11-03-2009, 01:11 PM
      #13
    Trained
    If you are leasing a horse to show there is a reason. Normally it is b/c it is well trained and would cost more then what you could afford to buy. So if something happens to the horse while you are leasing it the cost of replacing that horse would fall to you. This is what insurance is for if you can not afford to cover the value of the horse. If you had bought the horse out right you would still be out the money. Just like you would be responsible for farrier feed care vet and so on while you are leasing the horse.

    Now there are some that will not set a lease up like this but this is the norm for show horses. If you lease it you are responsible if something happens to that horse. Basically you brake it you buy it type of thing.
         
        11-03-2009, 01:50 PM
      #14
    Weanling
    Makes sense I guess... I have never leased a show horse, only a trail horse. Depends on the lease and quality of horse then, I see.
         

    Quick Reply
    Please help keep the Horse Forum enjoyable by reporting rude posts.
    Message:
    Options

    Register Now

    In order to be able to post messages on the The Horse Forum forums, you must first register.

    Already have a Horse Forum account?
    Members are allowed only one account per person at the Horse Forum, so if you've made an account here in the past you'll need to continue using that account. Please do not create a new account or you may lose access to the Horse Forum. If you need help recovering your existing account, please Contact Us. We'll be glad to help!

    New to the Horse Forum?
    Please choose a username you will be satisfied with using for the duration of your membership at the Horse Forum. We do not change members' usernames upon request because that would make it difficult for everyone to keep track of who is who on the forum. For that reason, please do not incorporate your horse's name into your username so that you are not stuck with a username related to a horse you may no longer have some day, or use any other username you may no longer identify with or care for in the future.

    User Name:
    Password
    Please enter a password for your user account. Note that passwords are case-sensitive.
    Password:
    Confirm Password:
    Email Address
    Please enter a valid email address for yourself.
    Email Address:

    Log-in

    Human Verification

    In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.


    Old Thread Warning
    This thread is more than 90 days old. When a thread is this old, it is often better to start a new thread rather than post to it. However, If you feel you have something of value to add to this particular thread, you can do so by checking the box below before submitting your post.

    Thread Tools

    Similar Threads
    Thread Thread Starter Forum Replies Last Post
    Nurses are't suppose to laugh Angel_Leaguer Jokes and Funnies 10 03-18-2009 03:31 AM
    Is this suppose to happen? outrun Horse Health 8 01-28-2009 08:42 PM
    Suppose I should introduce myself Owl4273 Meet the Community 3 08-07-2008 03:55 PM
    Totally disgusted...but turned out well I suppose! Lc Performance Horses Horse Talk 14 05-19-2008 08:32 PM



    All times are GMT -4. The time now is 10:17 AM.


    Powered by vBulletin® Version 3.8.5
    Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
    Search Engine Friendly URLs by vBSEO 3.6.0