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Five things any Lease-to-Own horse agreement must have are: (1) which horse is being sold, (2) who are the seller and buyer, (3) how much is he being sold for, (4) how will payments be set up and when will they be made, and (5) when does the buyer get the horse and when does the horse transfer ownership.
An off-site lease, sometimes referred to as a care lease, can mean a couple of things. If its a care lease, this means you dont pay the owner anything and cover all costs at a boarding facility of your choosing (the owner usually approves it, however).
What care is the lessee responsible for providing? A lease agreement should specify who is responsible for ensuring the horse receives adequate shelter, feed and water, grooming, exercise, farrier care, dental care, and veterinary care, including vaccines and deworming.
In this type of agreement, the owner of the horse or lessor splits the horses care expenses and riding time with a lessee. It can be a beneficial way to save money on board, feed, vet bills, etc., and it can be great for your horse if your own saddle time is limited.
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