Leased horses? - The Horse Forum
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post #1 of 6 Old 03-10-2016, 01:58 PM Thread Starter
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Leased horses?

A lot of you seems to ride leased horses. What does it mean exactly? Is it a horse you pay to ride half the time, and the other half of the time, it's tho owner that rides him?
Is it a way to improve after a few years learning to ride or is it a way to learn riding?

It's not very clear to me, and I don't know if it's a vocabulary problem, or if it's something realy different that the way things work in my country (France).

Can you explain it to me please?
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post #2 of 6 Old 03-10-2016, 02:47 PM
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there are , basically three kinds of lease:

1. full lease . this is often the case where a rider wants a really well trained hrose for competing on. they pay the owner a fee , and this fee will be MORE than just the cost of caring for the horse. they can bring teh horse to their own barn, and trailer it to shows, etc.


2. Care lease (sometimes called a full lease, too)
this is where you pay the owner for all the horse's expenses; stall, food, vet, shoes, etc. but only that amount, nothing more. can be at the owner's barn, or your own, as per an agreement with both persons.

3. Partial lease
this is where you pay the owner a fixed amount, which is usually a part of the total cost for caring for the horse. the % you pay is usually reflected in how many days a week you may ride that horse. like, for 2 days a week, you would pay, perhaps, 35% of the care costs.
you get the idea. this is usually where the horse stays at the owner's boarding place/home.
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post #3 of 6 Old 03-10-2016, 03:19 PM
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Yep, what Tinyliny said. It can vary from paying a small fee to ride a horse one day a week (maybe even only in lessons, but at least you know you'll always be riding the same horse), to paying the full costs of owning a horse, and having full access to the horse without actually paying the up-front cost to purchase a horse (or having the full benefits of legally owning the horse, either, of course), to paying a monthly (or yearly?) fee MORE than the costs of that horse's upkeep, for the benefit of using a horse with really good training and/or show records. There are even breeding leases, where the person leasing the horse doesn't ride it at all, but is just leasing the mare for the purpose of ending up with a baby out of that mare, and returns the mare but keeps the baby after all is said and done.

Just about any sort of agreement can be written up and called a lease, as long as both parties agree. I think partial leases and full care (free) leases are common ways for people to bridge the transition between taking one lesson a week, potentially on a different horse each week, and full-on ownership. Partial leases give someone the ability to at least ride the same horse every time, and possibly a time or two each week outside of lessons, and full leases give almost every benefit of horse ownership, without the up front cost or full commitment (i.e. if that horse ends up not being a good fit, you can return it to the owner easier than it can be to sell a horse). And sometimes the full-time leases are more of a "lease to buy" option, if either or both parties are potentially interested in selling/purchasing the horse, but want to give it an extended trial period first.

Shawna
Central Oregon
http://yougottastart.blogspot.com
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post #4 of 6 Old 03-10-2016, 03:22 PM
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Around here leases/types of leases differ slightly from what tinyliny has mentioned, though there are similarities.

Full lease - horse stays on owners property. Leaser pays a fixed rate per month, generally this would be a majority of the board and sometimes farrier/portion of vet cost. Leaser generally rides 5-6 days per week. Leaser needs to cover their own lesson/clinic/show fees on top of the set lease rate.

Partial lease - horse stays on owners property. Leaser pays a fixed rate determined by how many days they ride (so essentially a portion of the board pro-rated by days ridden). Sometimes - not often - this also includes a small portion of the farrier bill as well. Generally this sort of lease would not include other expenses, but of course leaser must still pay their own lesson/clinic/show fees.

Free lease - means off property lease. So leaser takes horse off property to their own/boarded facility and pays any and all costs for the horse - so essentially leaser pays absolutely everything exactly as if they owned the horse, only difference being that they do not pay the owner of the horse anything (and owner does not pay them either).

Payed free lease - generally done for a show season, so anywhere from 6 months to 1 year. Same as free lease, except leaser pays owner a lump sum (as well as covering all costs for horse such as board/farrier/vet/leaser supplies all tack/blankets/everything for horse as well). So in this case this would generally be done for higher end show horses and owner is typically paid anywhere from $5,000-upwards of $50,000 for the duration of the lease.

I have my mare sent out on a lease like that currently, although the difference being that I still cover a portion of vet bills, though this is not generally the case in most off property type leases.
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post #5 of 6 Old 03-10-2016, 04:22 PM
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Around here in Australia we pretty much only have free leases which means your responsible for all the care and costs, sometimes vet costs Are split though.

Leases can take many forms. It's not uncommon for young people to lease out their horses when they go to uni. Often they are living in the city and aren't able to keep their horse so they might lease in out to a kid or younger teen. Others move on and want to keep their first horses but have use for them, or perhaps they're going travelling.

For the person who is leasing one of the main benefits is that they don't have to pay a purchase price. For a good, safe and reasonably trained horse people are looking at paying thousands, so a lease is pretty appealing. It's also safer for the person because they can lease an older horse and return it if by develops issues, or lease a real quiet and safe horse and return it when they're wanting to upgrade. There is also that safety net of it they can't afford it they can return in. Many first owners or parents of kids are keen to lease because it's an inpermentant trial of ownership.

Some leases can take different forms, I knew one girl who leased a horse for over ten years, so it's not always short term.
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post #6 of 6 Old 03-10-2016, 04:42 PM Thread Starter
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Ok, we have that sort of system too in France, but we don't call it "lease" so I wasn't sure it was exactly the same.

Thanks for your answers.
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