Full leasing - The Horse Forum
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  • 3 Post By QtrBel
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post #1 of 5 Old 01-27-2018, 02:41 PM Thread Starter
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Full leasing

So basically the lady who owns the horse that I half-lease told me that sometime in the next handful of months, she and her husband will be traveling down to Nashville to see about eventually moving down full-time. She said she might bring her second horse with her, but that she won't bring the horse I'm leasing because she knows that she isn't good at adjusting to new barns well. She essentially asked me to full-lease while she's away, which she said would only be for a month or two until she and her husband are sure they want to take everything down with them. I said 'yes' because the board + everything else is easily manageable and the barn is relatively close to where I live. My only concern is that I should maybe draw up some sort of agreement that she'll actually be back? Like, I thought about it, what if for some wild reason, she doesn't come back for her second horse? Either way, does that sound like a good idea--to have her sign some sort of agreement about that? Even just to make sure that she comes back at the time specified (which, she hasn't specified yet, but if she says my full lease will only be for two months, I don't want to get trapped in a... "I'm not sure when I'll be coming back" kind of thing). I'm not 100% sure that I'm ready to be fully responsible for a horse yet, that's why I'm in a half lease, and if it is too much for me to handle I want to know that it isn't going to go on for an unspecific time.

Second, should I get a vet inspection beforehand? I've been riding her for a couple months and she's been sound, but I thought that there could be a chance that there's something I'm not seeing, that a vet might be able to point out. Ex; my cousins sold their house thinking everything was perfect and then a month later the basement flooded from a broken pipe. If so, how do I do this without looking... like I don't trust her? I mean, I do, but at the same time I've been screwed over by "nice" people before and horses are expensive when something serious happens.
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post #2 of 5 Old 01-27-2018, 05:04 PM
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I might not limit it to 2 months but give a range with a minimum so you know what to expect and make sure the barn owner knows in advance what is going on so if the horse is left past that point and you cannot care for it then the barn owner has recourse with the owner not you. You could state that after 2 months the lease goes to a month by month with a maximum total for 6 months then either the horse is moved to the owner's new city/state or a new lease is drawn up. Work out who is responsible for vet care beforehand.

Do you know what her feed schedule is and what she is being fed? Any supplements or medications? How often does the farrier come out? Is she shod? Are you going to ride any differently? Start some new discipline? If the horse has been sound up to now and there will be no changes and she has done well with you then I might not worry about having a vet out.
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post #3 of 5 Old 02-14-2018, 05:01 PM
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I like @QtrBel 's suggestion of getting a range of time.

I full lease Soldier, (on my property) my good friend's QH and we signed a contract I drafted (I'm a licensed attorney). It is an indefinite and full lease, but there are some conditions that you might find helpful: Of course, I agreed to not sell him w/o written permission, unless notice is given. (You are obviously anxious you will end up fully owning this mare if the owners move out and never come back.) We included a clause that says upon 2 weeks notice, she can say she wants him back or I can say she needs to take him back. I she doesn't come get him, I have the option to sell him.

Don't think you need to be an attorney to draft something. Just put EVERYTHING into the contract that you think might possibly come up. Have it signed before a notary. Be sure you have a good address and if anything arises, use certified mail. And make sure that you both have a copy.
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post #4 of 5 Old 02-14-2018, 07:24 PM
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I agree that you need something in writing. A lease can be anything you and the owner want it to be.

For example, I have an unusual lease. I'm leasing a horse who is living in my back yard, and I pay all her expenses just as if I owned her. Her owner lives about three hours away. I would have bought the horse, but her owner (a family member) didn't want to sell "her baby." Even though our situation is unusual, it works for both of us. I have a nice horse to ride, and Owner knows her horse is well cared for. We put everything in writing including liability if someone is hurt by the horse and what happens if the horse needs to be put down.

Your situation is different, but it sounds like you and the owner can both benefit here. Put everything in writing beforehand so that you both are protected.
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post #5 of 5 Old 02-15-2018, 08:23 AM
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I'd do a nice contract - not out of mistrust on the issues you explicitly agreed on, but to ensure meeting of the mind on everything else. "But I thought..." could easily become a source of dispute, and a contract will avoid that.

Get your exam, and tell your friend you're having a vet come out to teach you how to care for this specific horse, since you are new to the game. In other words, you are not lying to her, you are just not mentioning one of the good reasons for having the vet see your horse.

Good luck! I'm still waaaay too chicken to take over care of a horse by myself!
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