Leasing Your Horse??

So I was considering leasing my mare but was wondering how one goes about doing that.
What are the pros & cons?
It would probably be a free/cheap lease as she's very calm but still needs work on her steering so not for an unconfident beginner.
I'm assuming I would need to make some sort of contract/agreement so any tips on that would be great as well!
Thank-you in advance everyone

*Bump*

There's a basic lease contract somewhere in the Barns forum. Advertise free lease if you want, then if you get someone who is interested.. Sign the contract. Make it fit your needs.

Leasing is tricky and hard. You have to decide if you are keeping the horse at your place or are they taking the horse do they have to keep them with a trainer or not. Who pays vet bills what happens if it dies. You know all that stuff.

Wow I was JUST about to start a thread like this. Cool.

*bumping it up for the OP and me*

Well I was thinking of doing free lease & possibly to someone in the area as maybe a 4H project...it would definitely be under contract either way & I would want an update every few weeks or so.
She's not much of a jumper at this point but she mostly needs miles to get her steering & basics down. I've been working with her on & off since March, but don't have much time right now & when I do go out I take my other mare.

Also remember that if the person is not experienced or has a trainer that your horse could come home with worse problems than they left with. If you can find someone to come out to your place that is safer or a friend that you have know for a long time. A good contract is a must.