Basically the buyer makes payments on the horse and the responsibility of the horse is shared between buyer and seller. The buyer is "leasing" the horse but the payments are applied towards the purchase price. Posted via Mobile Device
It means that you set a price for horse, and give her a certain amount of time to pay it off. If she can't or won't pay off the agreed upon amount, you take the horse back and consider any payments she made as a lease.
However, in order for something like this to work, you have to make sure you have an ironclad contract spelling out EVERYTHING. Make sure that the contract is not only witnessed but notarized, and both lessor and lessee get a copy. That way, nobody can say they didn't understand the full terms.
Generally a lessee will pay for everything on the horse, including medical care. However, a regular lease precludes them from deciding on euthanasia, which will be left up to the decision of the actual owner.
A lease to own situation is different, in that the lessee usually takes on all the responsibilities of the animal, up to and including euthing.