How is lease different from ownership?
   

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How is lease different from ownership?

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  • How is a lease different from ownership

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    12-10-2013, 06:18 PM
  #1
Foal
How is lease different from ownership?

Those of you who have done both; how is lease different from ownership? Is the bond much different?
     
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    12-10-2013, 06:32 PM
  #2
Started
I have half-leased out my horse before. She had 3 days a week to ride, no bills other than the lease fee. For some leases, the lessee doesn't pay for farrier, vet, etc. For others, lessee pays for everything yet doesn't own the horse. Often the lessee can still have a great bond with the horse! Basically, you'd have a lot of perks of a horse without set ownership. Although of course there are many disagreements and such that can happen between lessee and owner... You just have to find the right person to enter a lease with!
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    12-10-2013, 06:39 PM
  #3
Green Broke
Leasing means the decisions are not yours but some or all of the bills are. You're renting the horse but it's not your horse.

The bond stuff has nothing to do with ownership and everything to do with time spent and a relationship formed. An owner who just comes to ride may wind up with a different relationship than someone who hangs out with the very same horse.

Though ultimately, you ride the training, not the bond.
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    12-10-2013, 06:51 PM
  #4
Weanling
We lease a showpony (for my daughter) and I lease a TBxSH for myself, both from the same owner. We pay a set dollar figure each month and receive a set amount of time with the horses. There are other leasers (not many, however, the horses are not overworked) that we share with and we coordinate amongst ourselves to ensure our schedules work. It's been very easy.

We have use of the barn, each horses tack and gear, etc etc. We are responsible to clean up after ourselves, put everything away, turn everything we turn on off again, and ensure the horses and barn are secure when we leave.

We are responsible for the well being of our horses during the time that they are in our care, but outside of that time we are responsible for nothing at all. THAT is the benefit of leasing, and I appreciate the "safety net" it entails - I never have to worry about an unexpected $1000 vet bill, etc etc etc.

Bonding? My daughter has bonded with her pony quite well, but she does groundwork with her as well - just did a join-up on Saturday, for example. They are a great pair together. Me and my guy, well..hard to say on a bond - probably not a whole lot, but he does respect me which is something he challenged me on a bit at the very beginning - we got that sorted out early on. He's now well behaved and does everything I ask of him, and we must be in a reasonable good tune with each other as he seems to be able to read me well, doing what I'm thinking sometimes with only the slightest of cues. Either that, or I'm a better rider than I think I am.

Ultimately, a lease is whatever the contract makes of it though. As you can see some people are responsible for more than others, but I would expect a much higher lease cost vs what we are paying. If the lease spells out bigger financial responsibilities, you're more responsible - if it spells out little or none, you aren't - be careful with the wording and make sure that you're not taking on an equivalent amount of cost versus ownership for a horse that you ultimately don't own.
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    12-10-2013, 07:18 PM
  #5
Foal
A little clarification- I know everything about the financial and legal difference, I'm just looking at the difference bonding wise.
     
    12-10-2013, 07:19 PM
  #6
Foal
Quote:
Originally Posted by Oshawapilot    

Bonding? My daughter has bonded with her pony quite well, but she does groundwork with her as well - just did a join-up on Saturday, for example. They are a great pair together. Me and my guy, well..hard to say on a bond - probably not a whole lot, but he does respect me which is something he challenged me on a bit at the very beginning - we got that sorted out early on. He's now well behaved and does everything I ask of him, and we must be in a reasonable good tune with each other as he seems to be able to read me well, doing what I'm thinking sometimes with only the slightest of cues. Either that, or I'm a better rider than I think I am.
That's exactly what I'm looking for. Thanks!
     
    12-10-2013, 07:22 PM
  #7
Yearling
I would say it's not any different in that aspect, I leased my gelding for 7 months before buying and honestly it was no different except for the things I had to pay for. I thought I would be all ecstatic and overjoyed the day he was signed over to me, then I realized from the beginning it was like he was officially mine. Don't get me wrong I was really happy when he was officially mine, but as far as the bond/relationship part it was the same, the horse doesn't know they're not yours on paper.
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    12-10-2013, 07:34 PM
  #8
Foal
Great. Thanks a ton!
     
    12-10-2013, 08:53 PM
  #9
Weanling
The amount of time you spend with the horse will ultimately dictate the bond. If you end up in a lease (which, seeing all your other threads, I would still suggest is your absolute best bet)...ask if you can come up and spend time on the ground with the horse on your "off" days. Even just hanging out in his stall grooming him will strengthen the bond - they do remember who takes care of them the best and the most.

If the horse has a very light lease schedule you may even be welcome to do ground work in the round pen outside of your scheduled lease riding time. My daughter found the join-up to be a good way to get inside her pony's head a little and it was quite neat to watch.

But ultimately, the sight of your face along with positive attention will yield the strongest bond. You shouldn't get charged to come up and pet him through the stall door if nothing else so long as you're not trying to do it on someone elses lease window.

Be sure that the lease dictates exactly what you can (and cannot) do with the horse, and how often (or not) you can visit him. Leave nothing to interpretation. If you think you would like to come up and see him every day (so long as it doesn't step on another leasers toes), then make sure that you have this OK'd in the contract. Just be respectful of the other leasers - you wouldn't want another one of his owners stepping on your toes during *your* time, so show the same respect to others.
     
    12-10-2013, 10:10 PM
  #10
Started
Bond definitely is just a matter of what you do with the horse. The girl that half leased my guy fell in love with him and still visits sometimes even though she ended the lease when she bought her own horse. I do think there has to be a good balance of fun and work though- at first my lessee did strictly riding when she came to the barn, rushing through tacking and such. So Hunter saw her coming just as work, where he didn't have a "down day" with her, just getting groomed and such. I feel like as long as you have a few days a week, you can create a really strong bond!
     

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