How much should I lease my mare out for?

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How much should I lease my mare out for?

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    09-18-2011, 11:46 AM
Green Broke
How much should I lease my mare out for?

I'm going off to college next year, and I can only take 2 horses with me. Rosie has been my partner in crime for a long time, and I plan on leasing her out to my drill team as a back up horse at drill so they can keep her in shape, and she just won't be sitting somewhere. One family on the team has big interest in her, and I think they would take good care of her. Rosie would be used for their daughter to ride in drill. Rosie is very good with kids, she is pretty much bombproof and does extremely good with other horses. I told them that she would be available for lease next year, but I haven't decided on how much. She would be on full lease, but I'd come out and make sure she is getting well taken care off. I've never leased a horse out, so how much should I ask for her?
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    09-18-2011, 01:17 PM
Have an ironclad contract drawn up which also stipulates the value of the horse. If they are looking after all her care, board, vet, farrier, etc. why not consider a free lease. You get to approve where she would be kept. If she disappears, sold, given away, they will be responsible for paying you for the horse. Talk to a lawyer and find out if the courts would even honor such a contract. In Canada, if the horse is taken out of province, the police say it's a civil offence, yet a civil lawyer will say it's a criminal offence which gets the owner nowhere.
    09-18-2011, 01:21 PM
Depends on if they are doing a full care or partial care lease, in my opinion. I pay for my lease geldings board. His owner pays for his farrier, supplements, vetting, etc. I still have full access to him. If you are going to be providing vetting, farrier, etc, I'd consider $200 a month. If they are going to be providing the above, I'd considering doing free or a maximum of $100 a month.

Make sure to get it all in writing, though!

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