Join Date: Aug 2009
Location: New South Wales, Australia
To me private leases are where you get a horse a portion of the time, and you are responsible for an equivalent portion of care. So a full lease you're responsible for full care and costs, but have full availability of the horse. Part lease you're responsible again in scale, so if you have three days a week you have three whole days, plus you're responsible for about half the care costs and half the care.
Barn leases, as said, can be anything. They can be like part leases where the horse is yours for a certain amount of days a week. Or you can just have set times you ride, so it's basically like hiring a horse for a set period of time, and then it goes back to being a school horse.
Positives and negatives... well barn leases everything is probably set up. They organise and pay for farrier, dentist, feed etc. You don't have to worry about anything. The horse is probably fit, and decently trained. Negatives is... well it's not really like having a horse at all. Without the decision making, feeding, caring, being able to do your own thing, it's just like going for lessons really but without an instructor.
Positives and negatives for private, well it's a lot like owning your horse, you can usually ride for long periods of time doing what you want and how you want. Negatives are often the horses need work and training, and you're doing that without reaping the rewards. If you're responsible for feed the costs might vary week to week, as other ones may as well.