half lease help
 
 

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half lease help

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  • Half leasing a horse contract
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    08-10-2011, 12:05 PM
  #1
Yearling
Question half lease help

so I am going to be half leasing a horse and I need a little help. the person leasing the horse to us is young so her mom is doing it and she doesn't have a clue about anything horsey. But I have never leased a horse so... I kind of need some help. How do I go about doing this and are there any forms that I can print or something?

Sorry for the stupid question,

Mhr


Oh ya and I didn't know where to post this so , sorry
     
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    08-10-2011, 12:09 PM
  #2
Showing
It's a perfectly good place for this topic.

I did half-lease in past. When you'll talk to the owner (mom) ask what if horse will be unridable for some time (things happen: colic, lame, allergy, anything). Will you get your money back? Will they be extended for the next month? That was my big issue when I half-leased: horse got a bad allergy somewhere and wasn't ridable. However I never got my money back.

Also be sure if you get tack coming with the horse (so you shouldn't worry about the fit etc.).
     
    08-10-2011, 12:22 PM
  #3
Super Moderator
I have been half leasing for quite some time. Sometimes we have a written agreement, sometimes not, but if I was leasing out my horse, I would definitely have a written agreement. I know there are some online, so googling something like "legal agreements for half leasing a horse" or what ever , might get somehting.

Basically, you have the monthly fee and what it includes and excludes. What day it's due on.
What happens if horse becomes unrideable .
In this case, unless it's a long time , like three weeks or more, we considered it bad luck and that the leasee must suck it up and pay. I have had plenty of times in the years I have been leasing that the hrose was unrideable for two weeks due to this or that problem and I never even asked to have my money back. I would not consider it unless it was happening a lot , in which case I would terminate the lease. It is not just renting. You are taking a part of the horse so much accept part of the risk, too.

Medical bills and liability
you must make clear who will pay medical bills in the event of an accident.
I always said that if it was something that happened due to my negligence, I would be liable for the bill. If it was something that just happens, like a stone bruise, or an abcess, it is not my liability, but I have always chipped in when the vet was needed. And if horse coliced, I was there to walk her or hang with her til vet came.
The more you make yourself useful the more you will get along , but if you are really new to this, you will have to ask if you can be helpful.

Shoes, ? Extra $ or included in lease agreement.
# of days you can ride per week?

Phone numbers of vets and emergency contacts.
     
    08-10-2011, 05:12 PM
  #4
Yearling
Thanks guys this is really helpful. I have another question though how do I make it official. Like is there something to fill out or....

Sorry for the stupid question.
     
    08-10-2011, 09:42 PM
  #5
Showing
Quote:
Originally Posted by myhorseriesen    
thanks guys this is really helpful. I have another question though how do I make it official. Like is there something to fill out or....

Sorry for the stupid question.
It's not a stupid question at all. You better be safe than sorry!

Yes, I strongly recommend you to make and sign a contract with the owner. Put all your concerns and everything you agree on with her in contract for both of you to sign (or parents if minor). If things go wrong (knock on wood, of course, but life is life) having contract is very handy!
     
    08-11-2011, 10:00 PM
  #6
Weanling
I have seen leasing forms online that looked pretty good - have you googled for them?
     

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