Originally Posted by Chrisr
Hi everyone, I am not sure if you remember me, I posted about a mare for sale at our barn called Annie. She had some issues, and you all correctly helped me realize she is probably not the best horse for us to buy.
We have been offered a free lease on Annie, and the contract is being negotiated....We are seriously considering this. Caroline rode Annie in a show today (NEHC rated) and won 4 blue ribbons in her walk/trot classes.
We are not naive to Annies issues/concerns and felt she was overpriced.
What terms should I expect on the lease? I have been told that it will include a stipulation either party can opt out with written notice, but what else should I be thinking of? As a lesee do I pay all vet bills? Do I need insurance? Am I crazy? (the last is a joke...kinda?)
Appreciate any further guidance you can give me.
Ok, it really depends on the horses owner. There are a few different types of free lease.
1-the owner pays for eveything, and you don't have to worry
2-the owner pays for some and you pay for some
3-yu pay for everything.
The above are different sorts of free leaseing.
If your paying for everything then its almost like getting a free horse.
You need to consider
First aid kit
I leased a horse before actually purchasing it a week ago. If you have all of the above you should be ok.
If you do choose to lease the horse I would consider getting a diary to keep a track of everything, and to talk to the orses owner on what they expect you to pay for ectect
Insurance will be a good idea, but I havent done that.
Good luck :)