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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.
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.
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.
While youre leasing a horse, the horses care and boarding will be your responsibility. Youll need to provide regular maintenance for the animal. Theyll need grooming, shoes, and veterinary checkups; all of which are up to you to take care of.
With a half lease, you typically ride the horse 3 days a week (many owners require one ride to be a lesson). Another rider will have the horse for the other 3 days. With a full lease, youll get either 5 or 6 days of riding each week (again, many owners may require a weekly lesson).
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Leasing a horse is nearly always less expensive than buying one. Its a relatively low-cost option between owning a horse outright and using a rotating carousel of school horses at the stables. You get the consistency of riding one horse without much of the expense.
In most cases, lease fees are negotiable. Generally, the cost of a full lease for a year will range from 25 to 30 percent of the horses value?in other words, about $2,500 for a horse worth $10,000.
What Does Leasing a Horse Mean? When you are leasing a horse, you are paying a set fee for the ability and privilege of additional riding time on that particular horse. In many ways, leasing a horse is similar to owning a horse, albeit with fewer financial responsibilities.

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