Horse lease agreement Canada Forms

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Commonly Asked Questions about Horse lease agreement Canada Forms

For a full lease, the lease fee is most often about 2530% of the horses entire perceived value paid annually. So, for a horse worth $10,000, you can expect a lease fee of around $2,500 yearly.
In a paid lease, the lessee pays fees to the owner for use of the horse. The lessee may or may not be financially responsible for some or all of the horses care in addition to the lease fee. In a free lease, the lessee does not pay a fee for use of the horse but is usually required to pay for all of the horses care.
Types of Horse Leases You pay an agreed-upon fee in full at the start of the lease. Half or partial lease: You pay half the horses expenses and get a set amount of time or number of days you can ride him each week. Care lease: You pay no upfront fee but incur the expenses to care for the horse.
HALF LEASE: For $200 per month you have a horse of your own three days each week, including preferred use of that horse for your riding lessons, camps and clinics. You must still take your regular riding lessons during your lease period, and riding times may be specified as daytime or evening.
In exchange for this lease agreement, the Lessee will now assume all responsibilities relating to (horses name). This includes paying all care expenses to ensure good animal husbandry. These expenses include but are not limited to; boarding, worming, veterinary bills, travel/hauling, trimming, and shoeing.
There are the types of leases that my coach does with some horses, called free-leases. Basically, the horse comes to her barn, and she takes over care of the animal - she covers all food, all farrier and routine vet costs.
The benefit of half-leasing is that generally youre not responsible for the cost of injury (depending on the your agreement with the owner). If the horse youre riding inevitably injures itself trying to donkey kick the horse three paddocks over, you may be able to hop on another horse and keep learning.