Join Date: Aug 2009
Location: New South Wales, Australia
There isn't really a typical lease.
Often they are seperated into three catagories: free leases, full leases and part leases.
In free leases you do not pay the owner any fee however you are responsible for all care and costs (sometimes not vet or partial vet). This means you'll pay board, feed, farrier etc. You may or may not be able to choose where to keep the horse but you generally have most freedom in the lease. The owner usually isn't involved much and you usually have sole use of the horse.
A full lease includes paying a set fee to cover all costs to the owner. This amount doesn't change season to season etc. Often you are restricted to where the horse is kept, and farrier, dental etc may be arranged for you. In this situation you should have sole use of the horse.
A partial lease means you pay a set fee to the owner to cover some of the care and you have a limitted amount of access to the horse. This might mean you can ride on certain days a week, or certain hours each day etc. Other people often ride the horse as well.