Equine Lease Agreements

A written agreement Regardless of why you choose to rent, remember that the terms of these agreements may be as different as the reasons for the lease. Whether you are the “lessor” (the person who owns the horse) or the “tenant” (the person who rents the horse), it is important to clarify the terms of the lease and then put the conditions in writing. The arrangement worked well for Chelsea, able to ride horses after showing off their rented pony for a year. According to Roni McAbee, owner and operator of South Wind Stables in Binghamton, New York, there are always reasons why his students choose to rent. Most often, it is to know the responsibility of the property before committing to the purchase. The landlord and tenant must also specify who the parties are in a tenancy agreement. This may seem so obvious that it is not necessary to discuss it. But it`s not as simple as it sounds, especially when the horse is out of the owner`s sight. For example, someone who rents a horse for a year could ride his friends – or give pony rides to his little sister, unless the lease determines something else.

In addition to creating a possible liability, such a situation could have an adverse effect on the horse. Stable manager Roni McAbee says that if a top horse is ridden by someone who is not as advanced as the mount needs it, many expensive drives could be cancelled. Even in an agreement between them and a friend, misunderstandings and disagreements can arise – and it is in everyone`s interest, including the horse, to clearly define the conditions you accept. Important Points If you want to rent your horse halfway, use Julie Fershtman`s list as a base model and starting point. Consider all of these provisions. Chelsea Babcock, another student at South Wind Stables, rented her first pony for another reason. His mother, Lisa, said it was a purely practical decision. The second thing to consider is the length of the lease. Do you have a relatively simple “month contract” or are you planning to rent a horse for a whole year or more? It`s up to you and the owner. Also be clear if this is an “option-to-purchase lease.” You could be very attached to your mount just to discover that buying it is not possible at the end of the deal.

Or, if you`re the owner, you may feel pressured to sell before you`re ready to let go of an animal you love. Find out exactly how you feel about the horse and its future well-being before concluding some sort of deal. This is one of the most important factors for the horse owner to consider, and Julie points out that “home” releases are more likely to fail in court than those designed by lawyers. The screenplay #4 Natalie rents her 6-year-old Paint Wallach Jack to Tess. Nine months after the deal, Tess decides to take Jack to a local show. The Wallach is heavy there and Tess calls her vet. The doctor notes that this is an emergency and that the Wallach needs immediate surgery. Natalie is a-out and can`t be reached, but Tess gives the green light to the vet. When Natalie comes back, she refuses to pay half the deal. First, most states will impose a properly worded release of liability, so make sure your state does so (read later) and make sure your document meets the requirements of the state, because they are all different. A written agreement is also useful as an instrument to more clearly define the terms of the lease agreement for both parties.

However, make sure you understand what rights you can give up before you sign something. The language of some treaties can be very one-sided. For example, Fershtman says it is possible to formulate a contract so that if a horse is injured in a pasture, whereas under the tenant`s care, the tenant could be held liable for the medical costs associated with that injury for the life of the horse. Chances are, you don`t want a lifetime vet bills