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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).
The agreement will commence on the (date) and run for a period of (years/months/days). The Owner agrees to lease the aforementioned horse for (price) per (day/month/year) for the use of .
Free just means that you do not pay a separate lease fee to the owner, but you still pay all the expenses. The biggest variable will be the insurance cost, which will depend on how much the horse is insured for. Some leases are because the owner doesnt want to sell.
Leasing is more formal and is an agreement between the horse owner (leasee) and the person wanting to lease (leasor). The lease agreement designates what days and times you are allowed to ride the horse and for what period of time. Most leases are 6 months to a year, but at some facilities you can do it month to month.
A quarter-lease for $80 per month gives you a horse of your own one day 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.
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Owner agrees to lease the horse described and identified herein to the Lessee for ZERO Dollars. ($0.00) per month. Owner Warranties. Owner warrants that he/she is the lawful owner of said horse and has the right to Free Lease said horse.
On the flip side, there are many benefits to leasing. For horse owners, it means youre able to retain ownership of your horse while allowing him to continue to do a job that he loves. Theres also an added bonus of potentially earning extra income from the horse, or covering the cost of ownership, without selling him.
In exchange for the exclusive use of the above-named (mare, gelding or stallion) (horses name) during the period of this lease, the Lessee does hereby agree to assume all responsibilities and to pay all normal and necessary expenses for the care of said horse consistent with the practices of good animal husbandry,

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