New lease situation presented itself - The Horse Forum

 
LinkBack Thread Tools
post #1 of 9 Old 05-18-2008, 04:21 PM Thread Starter
Weanling
 
Join Date: Apr 2008
Location: Grand Rapids, MI
Posts: 537
• Horses: 2
New lease situation presented itself

First off, thanks to everyone so far for their patience as I pepper the forum.

I didn't think this would play out as it has, but a high school girl has been trying to sell her 8 year old Pintabian mare with no luck. I had e-mailed her awhile back, curious if she'd consider a lease, and she said she would. I went to ride the mare yesterday, and she's lovely. She has the most beautiful gaits, has had some great natural horsemanship training in saddle and on the ground, and is very responsive. I know she'll w/t/c, unlike the other mare I really liked.

They can't have her kept at their home anymore, so if I were to lease her I would be picking the facility of MY choice, paying her full board plus a $50/month fee to her owner. Does this sound reasonable? Because they'd be trailering her for me and all that, they're also asking that I commit to a year's lease with her. None of this is a red flag for me, except is makes me SO nervous because I've never owned a horse before and the only other time I leased I was riding 2x/week and the mare stayed in the facility she'd been in. I don't know much about horseownership (but obviously this would be a great crash course) and I wouldn't be completely liable, because I wouldn't be owning her. I know it's fairly typical to do an off-site lease, I just don't know where to begin!

Help!

"Be the change you want to see in the world."-Mahatma Gandhi

http://tallbootsy.blogspot.com/
missy06 is offline  
Sponsored Links
Advertisement
 
post #2 of 9 Old 05-18-2008, 07:41 PM
Started
 
Join Date: Jul 2007
Location: Blacksburg, VA
Posts: 1,730
• Horses: 1
With the way boarding prices are right now, that seems like an awful lot to me. Correct me if I'm wrong, but you'll basically be paying for EVERYTHING (barring vet; I think a 50 dollar a month stipend will cover basic farrier work). And it seems like they want to sell her and the lease would just be buying time. Seems like a bad deal to me, but that's just from the outside:P
Sara is offline  
post #3 of 9 Old 05-18-2008, 08:39 PM
Foal
 
Join Date: Dec 2007
Location: Maryland
Posts: 76
• Horses: 0
it actually seems like a good deal to me. Around here if someone has a full lease they pay the board the farrier, dentist, vet and all other costs plus about $300 - 600 per month to the owner as the lease fee.
twinkle_toes is offline  
post #4 of 9 Old 05-18-2008, 08:51 PM
Started
 
Join Date: Jul 2007
Location: Blacksburg, VA
Posts: 1,730
• Horses: 1
Mm, I guess I've just been lucky. Neither my lease in Texas nor the one here in Virginia was that steep.
Sara is offline  
post #5 of 9 Old 05-18-2008, 09:40 PM
Showing
 
Join Date: Oct 2007
Location: Alberta, Canada
Posts: 11,772
• Horses: 0
I would want to know who is to take responsability of vet and farrier care? If all of that falls on your shoulders, I would back away quickly. However, if you just pick the facility you want the mare leased at, and they'll split any vet or farrier fees, I think it's a good deal.


The lovely images above provided by CVLC Photography cvlphotography.com
JustDressageIt is offline  
post #6 of 9 Old 05-20-2008, 07:14 AM Thread Starter
Weanling
 
Join Date: Apr 2008
Location: Grand Rapids, MI
Posts: 537
• Horses: 2
I think we worked it all out! I was honest about what would work for me, and I get to lease her at their house for the summer (as they're not getting another horse now), and in September I'll get to move her to the facility close to me for the fall and winter for a free lease (I just pay board and farrier). SO EXCITED! This means I'll have the summer to work/learn with her near her owner should I have any questions, and then have the winter to make it a little closer to where I live. And the price is right. :)

"Be the change you want to see in the world."-Mahatma Gandhi

http://tallbootsy.blogspot.com/
missy06 is offline  
post #7 of 9 Old 05-20-2008, 10:47 AM
Showing
 
Join Date: Jul 2010
Location: MD
Posts: 11,240
• Horses: 1
I think it'd be a good idea. Glad it worked out for you!

Ride more, worry less.
PoptartShop is offline  
post #8 of 9 Old 05-20-2008, 09:11 PM
Weanling
 
Join Date: May 2008
Location: Central Maryland
Posts: 434
• Horses: 0
Full board AND a fee? Seems pretty high to me but to each his own :) The owner is responsible for farrier costs, not the leasse.
irisheyes12 is offline  
post #9 of 9 Old 05-21-2008, 10:50 AM
Started
 
Join Date: Jul 2007
Location: Blacksburg, VA
Posts: 1,730
• Horses: 1
I'm glad it seems like its going to work out for you :)
Sara is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the The Horse Forum forums, you must first register.

Already have a Horse Forum account?
Members are allowed only one account per person at the Horse Forum, so if you've made an account here in the past you'll need to continue using that account. Please do not create a new account or you may lose access to the Horse Forum. If you need help recovering your existing account, please Contact Us. We'll be glad to help!

New to the Horse Forum?
Please choose a username you will be satisfied with using for the duration of your membership at the Horse Forum. We do not change members' usernames upon request because that would make it difficult for everyone to keep track of who is who on the forum. For that reason, please do not incorporate your horse's name into your username so that you are not stuck with a username related to a horse you may no longer have some day, or use any other username you may no longer identify with or care for in the future.



User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.


Old Thread Warning
This thread is more than 90 days old. When a thread is this old, it is often better to start a new thread rather than post to it. However, If you feel you have something of value to add to this particular thread, you can do so by checking the box below before submitting your post.

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome