Q&A: A good and legal horse lease form.?
Question by CorallynnP: A good and legal horse lease form.?
I know this isn't a question, I just want anyone who is leasing a horse to have one of these filled out by both parties.
Horse Lease Agreement
PLEASE NOTE: Because this affects your rights, you may wish to consult with an attorney before signing this agreement.
THIS AGREEMENT made and entered into this ________ day of ______________, 20___, by and between
_____________________________________________________________, hereinafter known as the LESSOR, and
_____________________________________________________________, hereinafter known as the LESSEE.
WITNESS THAT: WHEREAS, Lessor is the owner of a certain horse, more specifically described as follows:
Name: _________________________________________________________
Registration No. (if any): __________________________________________
Breed: _______________________
Description and Markings:
NOW WHEREAS, Lessee is desirous of leasing said above described horse, IT IS THEREFORE AGREED AS FOLLOWS:
1. Lessor does hereby lease to the Lessee, the same above described horse, for a period of _____ months, commencing on the _____ day of ___________, 20___, for the following uses:
(Name purpose of lease, e.g. breeding, showing, pleasure riding, etc.)
2. For and in consideration of the lease of the above-described horse, Lessee hereby agrees as follows:
(consideration to be paid, if any, and method)
3. Lessee agrees to use every precaution to protect said horse from illness, accident, injury, theft, or fire, through the supervision and adequate equipment, and to exercise proper feeding and sanitation program.
4. Lessee agrees to consult with the Lessor regarding special training, and agrees that no one else shall care for or use the animal, and that the said horse will not be sub-let.
5. Lessor agrees to the said horse being entered in a registered class (if applicable) at a local fair or other such event, and agrees to make the registration papers or photocopy available to the Lessee for presentation at the fair or event office for entry, and also agrees that the Lessee may receive all premium money that may result from the showing of said animal at the event.
6. As further consideration for this lease, Lessee agrees to bear all cost for required ancillary services such as veterinarian and farrier, and further agrees to provide the following specific services at the intervals indicated:
Shoeing__________________; Inoculations_______________; Worming______________________;
Other_____________________________________________________________________________.
7. It is expressly understood and agreed that the Lessee shall be obligated to use ordinary care in the maintenance of said horse, and while being responsible for his own negligence, Lessee is not an insurer or guarantor of said horse, and will not be responsible for injury to or loss of said horse, and will not be responsible for injury of said horse without fault.
8. If in the case that Lessee borrows any equipment or supplies along with the horse, Lessee is responsible for returning all equipment and supplies borrowed in the return of said horse. If equipment or supplies are damaged, lost or stolen Lessee is responsible for the compensation of the equal worth or replacement of the equipment and or supplies.
9. In the event that the horse subject to this agreement is a mare, Lessee's right to breed said horse and the ownership of any foal produced by subject to the following terms and conditions:
Choice of stud_____________________; Ownership of foal___________________________________;
Right to breed _____________________; Extension of Lease to time of weaning___________________.
10. Lessor shall have the right at any time to inspect said horse to determine condition any may, at his/her option and his/her own expense, provide for a veterinary examination. Lessor may at any time retrieve the animal if Lessee fails to carry out any of the terms of this agreement or does not provide ordinary care and maintenance for the horse or improperly handles or trains said animal.
11. State riding privileges of the Lessor.
12. Other conditions specified by Lessor and Lessee:
(e.g., special care and handling; training; feeding procedures; environment where animal is kept, etc.)
In the event that it should become necessary for either party to institute legal proceedings or action to enforce any of the terms of this agreement, or to seek its termination for violation of any of the conditions contained herein, the defendant party agrees to pay a reasonable sum for the attorney's fees and court costs.
IN WITNESS WHEREOF the parties have hereunto set their hands on this _________day of _______________, 20___.
LESSOR___________________________________________
(owner of horse)
LESSEE___________________________________________
(leasing party)
WITNESSED BY:_________________________________ Date:__________________
Best answer:
Answer by Daniel Miller
thanks
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