The Chronicle of the Horse
MagazineNewsHorse SportsHorse CareCOTH StoreVoicesThe Chronicle UntackedDirectoriesMarketplaceDates & Results
 
Results 1 to 2 of 2
  1. #1
    Join Date
    Jun. 3, 2011
    Posts
    22

    Default Lease contracts

    We will be wintering off our farm.

    What is a typical lease arrangement/contract.
    for example, deposit of one month to hold the place, and then 1st month when you move in?

    What do people feel about deposit, first and last month to be paid immediately, when rental term doesn't begin for some time.

    What is the standard for those of you who lease farms when you are wintering somehwere.
    thanks.



  2. #2
    Join Date
    Oct. 17, 2009
    Location
    Unionville
    Posts
    1,088

    Default

    It will really depend on what is standard in the geography area. Higher end markets/properties in high demand will ask for more.

    I have no propblem with first/last month being paid up front since I will have to pay it eventually.

    If you do put down a deposit then be sure that you know what conditions will mean you don't get it back. What happens if things fall through and you cant go this winter? Be sure to take lots of pictures and document things that are damaged when you get there so you don't end up paying for repairs that you didn't cause. Get the landlord to acknowledge those things up front.

    I havent seen a deposit for holding a place. Once you sign the lease agreement that's it. I would imagine that a hold deposit might not be given back if you decide not to take it so I'd take the risk of not getting the place and not pay it.

    Good luck!
    "We can judge the heart of a man by his treatment of animals" Immanuel Kant



Similar Threads

  1. Lease to own contracts
    By Annie Oakley in forum Hunter/Jumper
    Replies: 4
    Last Post: Mar. 19, 2012, 12:53 PM
  2. Need Sample Contracts for Horse Lease
    By Passion4Pintos in forum Off Course
    Replies: 2
    Last Post: Feb. 21, 2012, 07:47 AM
  3. Half Lease Contracts
    By Gnomeland in forum Hunter/Jumper
    Replies: 1
    Last Post: Nov. 5, 2011, 09:40 PM
  4. Free Lease Agreements/Contracts?
    By Hey Mickey in forum Off Course
    Replies: 0
    Last Post: Jun. 9, 2011, 10:04 AM
  5. broodmare lease contracts
    By sayyadina in forum Sport Horse Breeding
    Replies: 0
    Last Post: Apr. 6, 2011, 06:31 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
randomness