All parties must be aware of their rights and obligations under the lease, including the names of those authorized to ride the horse, how often the horse can be ridden and whether the horse can be shown or not. Whether you own a horse or want to rent a horse, you should use a horse rental contract specifically designed for your situation. A written agreement not only helps to cover you on the legal side of things, but also to ensure that the animal is well cared for. And if questions about the agreement arise, you can refer to your written agreement. Both parties must retain this agreement for their registrations until the end of the agreement. The agreement may be accompanied by documents confirming the ownership of the horses. They may also be asked to attach documents indicating the horse`s health. Prepare these facilities in advance. As mentioned earlier, the parties may also want the lease to look at what happens if the horse is paralyzed or, worse, dies during the lease term. If this is due to a fault of the lessor (which may be difficult to prove), will the tenant be obliged to pay the lessor a fixed amount as compensation? Conversely, what happens if the horse is paralyzed without the tenant`s fault? In this case, will the tenant receive a refund of the rental and related costs, since the tenant does not use the horse? These are issues that the parties should discuss before the lease.
If the owners have particular problems, they must indicate them under the terms of the lease. If tenants have doubts about the terms of the tenancy agreement, they should ask for and seek clarification. For people who don`t have the time or money to buy their own horse, leasing is a great alternative to owning horses. Leasing can offer the enjoyment of a horse without liability or additional cost. For horse owners, leasing can help reduce some of the cost of owning horses. The key to a successful horse leasing is to ensure that all parties are aware of their rights and obligations arising from the lease. This article examines some of the issues raised in a lease agreement and presents proposals for the negotiation and development of a horse lease.