• Welcome to the Chronicle Forums.
    Please complete your profile. The forums and the rest of www.chronofhorse.com has single sign-in, so your log in information for one will automatically work for the other. Disclaimer: The opinions expressed here are the views of the individual and do not necessarily reflect the views and opinions of The Chronicle of the Horse.

Announcement

Collapse

Forum rules and no-advertising policy

As a participant on this forum, it is your responsibility to know and follow our rules. Please read this message in its entirety.

Board Rules

1. You’re responsible for what you say.
As outlined in Section 230 of the Communications Decency Act, The Chronicle of the Horse and its affiliates, as well Jelsoft Enterprises Ltd., the developers of vBulletin, are not legally responsible for statements made in the forums.

This is a public forum viewed by a wide spectrum of people, so please be mindful of what you say and who might be reading it—details of personal disputes are likely better handled privately. While posters are legally responsible for their statements, the moderators may in their discretion remove or edit posts that violate these rules. Users have the ability to modify or delete their own messages after posting, but administrators generally will not delete posts, threads or accounts upon request.

Outright inflammatory, vulgar, harassing, malicious or otherwise inappropriate statements and criminal charges unsubstantiated by a reputable news source or legal documentation will not be tolerated and will be dealt with at the discretion of the moderators.

2. Conversations in horse-related forums should be horse-related.
The forums are a wonderful source of information and support for members of the horse community. While it’s understandably tempting to share information or search for input on other topics upon which members might have a similar level of knowledge, members must maintain the focus on horses.

3. Keep conversations productive, on topic and civil.
Discussion and disagreement are inevitable and encouraged; personal insults, diatribes and sniping comments are unproductive and unacceptable. Whether a subject is light-hearted or serious, keep posts focused on the current topic and of general interest to other participants of that thread. Utilize the private message feature or personal email where appropriate to address side topics or personal issues not related to the topic at large.

4. No advertising in the discussion forums.
Posts in the discussion forums directly or indirectly advertising horses, jobs, items or services for sale or wanted will be removed at the discretion of the moderators. Use of the private messaging feature or email addresses obtained through users’ profiles for unsolicited advertising is not permitted.

Company representatives may participate in discussions and answer questions about their products or services, or suggest their products on recent threads if they fulfill the criteria of a query. False "testimonials" provided by company affiliates posing as general consumers are not appropriate, and self-promotion of sales, ad campaigns, etc. through the discussion forums is not allowed.

Paid advertising is available on our classifieds site and through the purchase of banner ads. The tightly monitored Giveaways forum permits free listings of genuinely free horses and items available or wanted (on a limited basis). Items offered for trade are not allowed.

Advertising Policy Specifics
When in doubt of whether something you want to post constitutes advertising, please contact a moderator privately in advance for further clarification. Refer to the following points for general guidelines:

Horses – Only general discussion about the buying, leasing, selling and pricing of horses is permitted. If the post contains, or links to, the type of specific information typically found in a sales or wanted ad, and it’s related to a horse for sale, regardless of who’s selling it, it doesn’t belong in the discussion forums.

Stallions – Board members may ask for suggestions on breeding stallion recommendations. Stallion owners may reply to such queries by suggesting their own stallions, only if their horse fits the specific criteria of the original poster. Excessive promotion of a stallion by its owner or related parties is not permitted and will be addressed at the discretion of the moderators.

Services – Members may use the forums to ask for general recommendations of trainers, barns, shippers, farriers, etc., and other members may answer those requests by suggesting themselves or their company, if their services fulfill the specific criteria of the original post. Members may not solicit other members for business if it is not in response to a direct, genuine query.

Products – While members may ask for general opinions and suggestions on equipment, trailers, trucks, etc., they may not list the specific attributes for which they are in the market, as such posts serve as wanted ads.

Event Announcements – Members may post one notification of an upcoming event that may be of interest to fellow members, if the original poster does not benefit financially from the event. Such threads may not be “bumped” excessively. Premium members may post their own notices in the Event Announcements forum.

Charities/Rescues – Announcements for charitable or fundraising events can only be made for 501(c)(3) tax-exempt organizations. Special exceptions may be made, at the moderators’ discretion and direction, for board-related events or fundraising activities in extraordinary circumstances.

Occasional posts regarding horses available for adoption through IRS-registered horse rescue or placement programs are permitted in the appropriate forums, but these threads may be limited at the discretion of the moderators. Individuals may not advertise or make announcements for horses in need of rescue, placement or adoption unless the horse is available through a recognized rescue or placement agency or government-run entity or the thread fits the criteria for and is located in the Giveaways forum.

5. Do not post copyrighted photographs unless you have purchased that photo and have permission to do so.

6. Respect other members.
As members are often passionate about their beliefs and intentions can easily be misinterpreted in this type of environment, try to explore or resolve the inevitable disagreements that arise in the course of threads calmly and rationally.

If you see a post that you feel violates the rules of the board, please click the “alert” button (exclamation point inside of a triangle) in the bottom left corner of the post, which will alert ONLY the moderators to the post in question. They will then take whatever action, or no action, as deemed appropriate for the situation at their discretion. Do not air grievances regarding other posters or the moderators in the discussion forums.

Please be advised that adding another user to your “Ignore” list via your User Control Panel can be a useful tactic, which blocks posts and private messages by members whose commentary you’d rather avoid reading.

7. We have the right to reproduce statements made in the forums.
The Chronicle of the Horse may copy, quote, link to or otherwise reproduce posts, or portions of posts, in print or online for advertising or editorial purposes, if attributed to their original authors, and by posting in this forum, you hereby grant to The Chronicle of the Horse a perpetual, non-exclusive license under copyright and other rights, to do so.

8. We reserve the right to enforce and amend the rules.
The moderators may delete, edit, move or close any post or thread at any time, or refrain from doing any of the foregoing, in their discretion, and may suspend or revoke a user’s membership privileges at any time to maintain adherence to the rules and the general spirit of the forum. These rules may be amended at any time to address the current needs of the board.

Please see our full Terms of Service and Privacy Policy for more information.

Thanks for being a part of the COTH forums!

(Revised 1/26/16)
See more
See less

Selling a horse that is currently leased out--weird update

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Selling a horse that is currently leased out--weird update

    I have a horse leased out right now--it is a monthly lease and either party can stop the lease with 30 days notice for any reason. I love the lessee's--but I find myself in the position where I need to sell the horse.

    I have contacted lessee's and offered to sell to them. They are unsure about the commitment and aren't sure they could afford him. They are also quite disappointed that they may not have him for the whole show season (which I feel bad about, but this is why I did a month to month lease, not say, a 12 month commitment).

    Has anyone done this before? I do not want to bring him home (I can, would rather not) while he is up for sale. He is in regular work with lessee and will be shown while there. If I bring him home, I can probably ride a little but don't have a ring. If anyone has done this, can you share details about it? Did buyers try horse out at lessees barn? Thanks!
    Last edited by AliCat518; May. 6, 2013, 11:36 PM.
    Charlie Brown (1994 bay TB X gelding)
    White Star (2004 grey TB gelding)

    Mystical Moment, 1977-2010.

  • #2
    If the ones leasing it won't buy it, how about, once this month is over, putting the horse on consignment with a carefully screened trainer that sells the kind your horse is?

    This way you won't have to keep the horse fit and showing it to any and all.

    Comment

    • Original Poster

      #3
      I was really hoping to let him stay with the lessees for as much of show season as possible. (Teenage girl who leases will be heart broken if I pull him in the middle of their season!) but I do need to do what's best for me financially. Consignment is a great idea--how would I go about finding a trainer for that?
      Charlie Brown (1994 bay TB X gelding)
      White Star (2004 grey TB gelding)

      Mystical Moment, 1977-2010.

      Comment


      • #4
        You could ask on the hunter/jumper forum who in your area knows of a good barn/trainer for that?
        Or go to shows and meet some, or ask your vet or farrier?

        Comment


        • #5
          I did it as the person leasing the horse and it was not that complicated but we were all reasonable people so we simply agreed that they would ask me about setting up a time with the horse when they had someone interested and we would both try to be reasonable about when we would do it (I would be reasonable about not saying no when I could accomodate them and they would be reasonable about not doing it all the time and respecting when I had competitions or lessons scheduled). It was laid out this simply in the lease contract.
          In my case, they tried the horse at the barn I had her at, but only because it was okay by the BOs and they knew they had to sign a release.
          So your first step I would think would be to contact the person leasing your horse and ask if they are willing to accomodate requests to have someone try the horse. If they say no or they say yes and then are not reasonable about your requests, then simply end the lease that month and either take the horse home or put them in a training/consignment barn.
          If the horse has to be made available for other people to try him, I would expect a reduction in the lease fee.
          There is something about the outside of a horse that is good for the inside of a man.(Churchill)

          Comment

          • Original Poster

            #6
            Horse is free leased, so I don't think it would be a problem! I'm thinking consignment sounds like the best option...just feel terrible about the girl not being able to ride him during show season!
            Charlie Brown (1994 bay TB X gelding)
            White Star (2004 grey TB gelding)

            Mystical Moment, 1977-2010.

            Comment


            • #7
              How fast do you need to sell, exactly?

              If it's not ASAP, I'd let the lessor decide whether they want to keep leasing (knowing he's for sale) or would rather stop now and find another horse before show season gets too far along.

              If they want to keep leasing, redo the contract specifying how you'll work out all the potential buyer visits, PPEs, handling fees if the horse sells in the middle of the month, etc. For example, I'm not adverse to leasing a sale horse, but if I pay a month's board and the horse is sold before the end of the month, I'd expect the seller to refund me the balance of the board I paid. But there are no rules for this -- sort out whatever makes everyone happy.

              If you need to sell ASAP or there would be some issue with having buyers try the horse wherever he is now, then yes, you need to end the lease and move him to a situation where he can be shown properly.
              Halt Near X | Horse Bloggers - Blog Directory

              Comment


              • #8
                Well, I know both parties here and am sad to hear this, but a few things come to mind. Can you offer to lease him to them for say the next 3 months for a fee? That way if show season is important, they could be "locked in" without spending a ton or being fully "committed" like they would buying? It would get some money in your pocket as well. Secondly, remember that just because you're selling doesn't mean anyone is going to be buying-- not to be a downer but my horse has been for sale for over two months and exactly two people have come and seen him (neither was a match.) Since you don't have the facilities to keep him in steady work, you're probably better off leaving him there or sending him to a consignment barn to sell. However, as I've found out, those barns are $$$ for board around here so now you're looking at spending a considerable amount each month still with no guarantees. Oh, and you have all the vet/farrier expenses again.

                The other thing you could do is tell their trainer that horse is for sale and that you'll pay her commission if she sells it. That could put her in a bad spot with her student, though.

                It's a hard spot to be in and honestly, I thought about free leasing my guy but figured the hassles wouldn't be worth it. (Mine is going to a trainer's barn this weekend so he will hopefully sell soon.)

                Good luck with whatever you decide, I'm sure you'll keep everyone's best interests at heart.

                Comment


                • #9
                  You could think about offering an incentive to the leaser for keeping him in work and showing him to potential buyers/allowing you to show him to potential buyers while still at the current barn. Say 5% ish. You would be spending at least that for a consignment barn anyway. Positives for you would that you would not be paying sale board while horse is at sale barn. Positives for them would being able to continue to ride and show a horse they enjoy until he's sold. And a token for their cooperation with the selling process.

                  Comment

                  • Original Poster

                    #10
                    Originally posted by KPF View Post
                    Well, I know both parties here and am sad to hear this, but a few things come to mind. Can you offer to lease him to them for say the next 3 months for a fee? That way if show season is important, they could be "locked in" without spending a ton or being fully "committed" like they would buying? It would get some money in your pocket as well. Secondly, remember that just because you're selling doesn't mean anyone is going to be buying-- not to be a downer but my horse has been for sale for over two months and exactly two people have come and seen him (neither was a match.) Since you don't have the facilities to keep him in steady work, you're probably better off leaving him there or sending him to a consignment barn to sell. However, as I've found out, those barns are $$$ for board around here so now you're looking at spending a considerable amount each month still with no guarantees. Oh, and you have all the vet/farrier expenses again.

                    The other thing you could do is tell their trainer that horse is for sale and that you'll pay her commission if she sells it. That could put her in a bad spot with her student, though.

                    It's a hard spot to be in and honestly, I thought about free leasing my guy but figured the hassles wouldn't be worth it. (Mine is going to a trainer's barn this weekend so he will hopefully sell soon.)

                    Good luck with whatever you decide, I'm sure you'll keep everyone's best interests at heart.
                    I'm sad about it too. It's really the perfect free lease situation. Life is just throwing me some major curve balls right now and I need the money. That's a good idea about offering them a lease for a fee--I just feel bad doing that since they've been getting a free lease all this time! I've been open and honest with the lessees about this for over a month so hopefully they don't feel caught off guard.

                    My only other option is to bring him home and keep him at a friends house down the road. She has a ring so I could keep him in work a few days a week and not pay board. She's also a pro, so I could have her do a few rides and give her commission. Oy, this isn't fun. Oh how I wish money grew on trees!!
                    Charlie Brown (1994 bay TB X gelding)
                    White Star (2004 grey TB gelding)

                    Mystical Moment, 1977-2010.

                    Comment

                    • Original Poster

                      #11
                      So I updated lessee with the options I was considering. She got back to me quickly, stating that she had planned on calling me tomorrow to tell me she didn't think horse would work for them anymore. Apparently he is terrified of the donkeys that he has to pass to get to turnout and cannot handle it. She stated how awesome he has been under saddle but that he cannot behave while walking past the donkeys. She has offered to bring him back to me next weekend! I am not ready or equipped to bring a horse home right now. He may have to go to a consignment barn sooner than later.
                      Charlie Brown (1994 bay TB X gelding)
                      White Star (2004 grey TB gelding)

                      Mystical Moment, 1977-2010.

                      Comment


                      • #12
                        That's an, um, creative? excuse on the lessee's part. Hope you can find a spot for the horse!

                        Comment


                        • #13
                          Originally posted by AliCat518 View Post
                          So I updated lessee with the options I was considering. She got back to me quickly, stating that she had planned on calling me tomorrow to tell me she didn't think horse would work for them anymore. Apparently he is terrified of the donkeys that he has to pass to get to turnout and cannot handle it. She stated how awesome he has been under saddle but that he cannot behave while walking past the donkeys. She has offered to bring him back to me next weekend! I am not ready or equipped to bring a horse home right now. He may have to go to a consignment barn sooner than later.
                          a 30 Day Notice is usual in these situations ...
                          unless they already have a replacement lined up, they would need to do a notice with the boarding barn - set up a return date that works for you as well as the leaser.
                          Hopefully your friend is able to accommodate your horse.

                          Comment


                          • #14
                            If this is the horse I think it is, I bet you will have a buyer soon! Sorry to hear life is a challenge right now, I know how you feel. Hang in there!
                            Bolter Bolter Bolter!!

                            Comment

                            • Original Poster

                              #15
                              Originally posted by alto View Post
                              a 30 Day Notice is usual in these situations ...
                              unless they already have a replacement lined up, they would need to do a notice with the boarding barn - set up a return date that works for you as well as the leaser.
                              Hopefully your friend is able to accommodate your horse.
                              Lessee has offered to keep him til early June. She's a very reasonable person, thankfully! I hope to have him back by the end of May.

                              Originally posted by alittlegray View Post
                              If this is the horse I think it is, I bet you will have a buyer soon! Sorry to hear life is a challenge right now, I know how you feel. Hang in there!
                              Thanks alittlegray! I hope you're right! And I hope all is well with you
                              Charlie Brown (1994 bay TB X gelding)
                              White Star (2004 grey TB gelding)

                              Mystical Moment, 1977-2010.

                              Comment

                              • Original Poster

                                #16
                                Whoops, duplicate. Apparently I have not yet mastered the multiquote.
                                Last edited by AliCat518; May. 7, 2013, 07:06 AM. Reason: Not enough coffee
                                Charlie Brown (1994 bay TB X gelding)
                                White Star (2004 grey TB gelding)

                                Mystical Moment, 1977-2010.

                                Comment


                                • #17
                                  We are just now hitting prime buying/selling season so this is actually the half full glass if it had to happen.

                                  IMO you need to get him into a high traffic barn where it's easy for buyers to see him and having a trainer really makes setting showing easy- they can prep him when you can't be there and be more available to set them up then you can be.

                                  But I would not leave him where he is for another month if he can't get to turnout or if your leasor has lost interest/found another project/is out of money. If he sits? He's going to back up training and appearance wise.

                                  Prime selling season ends mid August... Most sale barns do charge sale board, nobody takes them "on the cuff" for more then a few weeks if at all. If I were you I'd contact a few local trainers and see if they have anybody who would lease a sale horse month to month or could use him for lessons. It would get him where he has a better chance of selling, keep him in work and out of your wallet.

                                  If/when you have to sell? Gotta do what you gotta do.
                                  When opportunity knocks it's wearing overalls and looks like work.

                                  The horse world. Two people. Three opinions.

                                  Comment


                                  • #18
                                    I think you really have to look at it from her pov. If I were leasing this horse I would feel like I was being used to pay for the horse's care until it sold. I wouldn't be happy and if I had been planning to show I would want the horse gone asap so I could find something else in time.

                                    If she kept the horse and allowed you to show it to potential buyers, how would you handle the 30 days notice if you sold the horse?

                                    IMO if you want to sell the horse, give her 30 days notice (from the 1st) and take the horse back.

                                    Comment


                                    • #19
                                      As I read OPs update, her leasor was going to call to return the horse because he was not working out, could not get past the donkeys to turnout or whatever the truth may be BEFORE being told OP needed to sell sooner then later. Something is not right with the lease situation and ending it early with consent on both sides might be in both the horse and OPs best interests and allow OP to actively market him ASAP.
                                      When opportunity knocks it's wearing overalls and looks like work.

                                      The horse world. Two people. Three opinions.

                                      Comment

                                      • Original Poster

                                        #20
                                        Horse has been having trouble with the donkeys for a few weeks now. Leasor is happy to give him back any time in the next 30 days.

                                        Is it at all common for the lessor to require a vetting (paid for by the leasor) upon returning the horse? Ill have to check our contract to see if its covered. Horse had one accident during the lease and Was cleared by their vet but I want to be sure that he is of the same condition as when he left.
                                        Charlie Brown (1994 bay TB X gelding)
                                        White Star (2004 grey TB gelding)

                                        Mystical Moment, 1977-2010.

                                        Comment

                                        Working...
                                        X