Leasing OUT a horse...what is the process?
Background (Read before you advise me to not lease this horse)
I'm looking at what my plans are for college and horses. I plan on getting an equine administration major, so it isn't like I'm getting out of horses. The opposite, really.
I have two horses, ages 12 and 1 (13 and 2, in showing years). There is no possible way I can afford keeping both at the current boarding place and keep everything as is. My loose plan is to take the yearling with me (she'll be ready to train by the time I leave...I'm currently a junior in high school) and board her off campus.
I'm planning on leasing out the 12 year old. I do not want to sell him.
I know it will narrow my market, but I'm going to be picky on leasers.
How do people charge for leasing? Do people generally charge leasers just the upkeep fees (shoes, vetting, etc.), or is there typically an extra charge just as a lease fee? If I were to say, "This horse is available for free lease," would people generally assume it is just the upkeep fee without extra charge, or literally I pay for everything?
Obviously everything is negotiable by contract, but I'd like to see what the terms usually are and the best way to do it.
Riders aren't 16 and pregnant. Riders are 16 and arthritic.