BROOD MARE LEASE AGREEMENT 2025

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  1. Click ‘Get Form’ to open the BROOD MARE LEASE AGREEMENT in the editor.
  2. Begin by filling in the date and names of both Lessor and Lessee at the top of the document. Ensure accuracy as these details are crucial for legal validity.
  3. In the section describing the Mare, input her Name, Breed, and Registration Number. This information is essential for identifying the Mare involved in this lease.
  4. Specify the Lease Term by entering the start date and ensuring you understand your responsibilities regarding notice periods for termination.
  5. Fill out the Lease Payments section with agreed amounts, noting any conditions related to breeding outcomes that may affect payment schedules.
  6. Review sections on Care and Maintenance, Risk of Loss, and Liability Insurance to ensure you understand your obligations during the lease period.
  7. Finally, sign and date at the bottom of the document. Make sure both parties retain a copy for their records.

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Traditionally, the lessee absorbs all care and breeding expenses of the mare and foal. The owner traditionally will maintain insurance on the mare. Some agreements have a lease fee for the use of the mare, while others may ask for the return of the mare in foal.
Can you write your own tenancy agreement? Certainly. Unless youre an attorney, or have an attorney review it, you probably shouldnt, But you certainly can. If you fail to follow your state/local laws to-the-letter, the agreement may be invalid.
In a full lease, you pay an agreed-upon fee, typically around 30% of the horses selling price per year, and cover all expenses for the horses care. This usually gives you full access to ride the horse five to six days a week and the option to take the horse to shows.
Imperatriz sells for record $6.6m. The worlds highest-rated sprinting mare Imperatriz is now also Australasias most-expensive broodmare ever after she was purchased on Tuesday for $6.6 million.
The Keeneland sale, which offers a wider array of price points, sold seven broodmare/racing prospects for seven figures. Broodmares averaged $83,297 while racing or broodmare prospects averaged $136,594.
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The Fasig-Tipton sale saw 44 of 57 broodmares sell for an average of $1,051,523, and 43 of 48 racing or broodmare prospects were sold for an average of $1,111,395. In all, 26 sold for $1 million or more. Three of the top four buyers at the sale were Katsumi Yoshida, Masahiro Miki, and Shadai Farm.
If the Lessee terminates the lease, it will be the Lessees responsibility and at the Lessees expense to deliver possession of the Horse to Lessor. If the Lessor terminates the lease, it will be the Lessors responsibility and at the Lessors expense to recover possession of the Horse.

aqha breeding lease form