How do you half lease a horse?

In a partial lease, you will be sharing the horse with another rider or the owner. Because of this, the horse must remain on the premise instead of moving to another location. What is this? In most partial lease arrangements, you can ride the horse three or four times a week for a fixed monthly payment.

What is included in a half lease with a horse?

It’s called the “half lease.” In this type of agreement, the owner of the horse or lessor splits the horse’s 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 is a partial horse lease?

In a full lease, the owner typically does not use the horse. A partial lease, sometimes called a half lease, means the lessee can use the horse only part of the time. Partial lease agreements should spell out exactly when the lessee is permitted to use the horse.

What should be included in a horse lease agreement?

CARE OF THE HORSE. LESSEE’S care or supervision, LESSEE is responsible for any and all veterinary expenses. Shots and checkups are the exclusive responsibility of LESSOR. LESSEE further agrees to keep the horse at the current stable location.

Is it cheaper to own or lease a horse?

The cost of lease is typically 1/3-1/2 of value, but can be much less than the cost of purchasing a comparable animal. Only one commission is paid to a trainer at the onset of a lease. Buying and selling a horse has two commissions – at purchase and again at sale.

Should I half lease my horse?

A half-lease arrangement can be a great way to cut your horse-owning costs. It’s also a good way for a non-horse owner to save time and money, but still get the horse connection and saddle time.

How do horse leases work?

Full Leasing a Horse When you full lease a horse you pay an agreed upon fee for exclusive access to the horse. This means you are the only one riding the horse. It won’t be used for lessons, the owner will not ride it, and you’ll be responsible for making sure the horse gets the attention & exercise it deserves.

Is it worth leasing a horse?

If you are not doing a free lease, a yearly lease fee may be expected of you, on top of what you are already paying for board and care. If you pay a yearly lease fee for a few years, this could eventually exceed the value of the horse. Buying a horse outright might save you more money in the end!