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Does anyone have a good half lease contract?

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  • #1

    Does anyone have a good half lease contract?

    Finally found someone who is interested in half leasing..I'm so excited! I have a good full lease contract but I've never half leased before. Does anyone have a sample contract?
    My CANTER cutie Chip and IHSA shows!
    http://www.youtube.com/kheit86
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  • #2
    I don't know how good/bad it is, but here's something I have been asked to sign in the past. (I am not a lawyer; providing the info below is not a substitute for legal advice from a qualified professional).

    You may also want to add info re:
    • who gets which days of the week, with acknowledgments that flexibility is possible given weather, scheduling, illness, vacations, etc
    • who supplies tack/care of said tack (if it's your tack)
    • who is acceptable to you as a riding instructor (or whether you can watch a lesson and decide whether that instructor's program is one you are comfortable with)
    • whether showing is allowed/what type/how often
    • under what (other) circumstances the Lessee can take the horse off property and how much notice you need


    Not saying you need all of the above; but if this is your first time half-leasing, spelling it all out ahead of time may save on misunderstandings. Others who have half-leased may want to chime in and say if they think this is TOO controlling, or whether this is the right approach. (Or if there's anything I'm overlooking.) Frankly, the very basic lease, below, worked well for me on 2 occasions, but I was a known quantity (to the barn, at least) and the people I leased from were both lovely, sane people. One I'm still friends with even though the lease is long over and I'm living in a different state.

    Also, this is set up as an "open" lease (in that, it continues until one party says "hey, 30 days and the lease is up." If you want it fixed (eg, it's for 6 months and then renewable for another X months upon agreement of both parties, then you'd need to figure out the language to convey that).

    THIS AGREEMENT is entered into this ___ day of _________ in the year ______, by and between ____________________, hereinafter referred to as “LESSOR,” and ____________________, hereinafter referred to as “LESSEE.”

    LESSOR hereby leases to LESSEE the horse named “____________,” hereinafter referred to as “Horse” and includes the following description:

    Name: ____________
    Breed: ____________
    Color: ____________
    Age: ____________
    Sex: ____________
    Height: ____________

    Cost of Lease:
    Duration of Lease is open and is a __(half)____ lease at the cost of $______ per ___(month)____, ____(X days)____ per _(week)___.

    Use and Care of the Horse:

    WARNING: The LESSOR is not liable for an injury to or death of the LESSEE participating in equine activities, due to the inherent risks of such activities.

    1. The LESSOR will board and be responsible for insurance and all veterinary and farrier expenses. LESSEE shall have use of the horse according to the following terms of this agreement.

    2. In the case of a _(half)________ lease, it is important that there be good communication on matters regarding general management, health care, and the riding of the Horse.

    3. The LESSEE is restricted from allowing other people from riding the Horse. In the event that this occurs, the LESSEE is liable for any payments regarding injuries suffered by the horse or rider.

    4. The LESSEE agrees to contact the LESSOR should emergency veterinary treatment be needed for said Horse. If unable to contact the LESSOR, the LESSEE is authorized to secure emergency veterinary treatment, and emergency farrier care required for the health and well being of said horse. For assistance, the LESSEE must also contact

    a. _________________ (LESSOR’s trainer)
    b. _________________ (Owner of barn where LESSOR’s horse is stabled)
    c. _________________ (Insurance agent) at __________, (__________)
    d. _________________ (other)

    5. The Parties agree that this Contract may be changed by the LESSOR or the LESSEE upon thirty (30) days notice, regardless of the leasing period. All notices must be issued in writing unless otherwise agreed upon by the parties.

    6. This Contract represents the entire agreement between the parties. No other agreements, promises, or representations, verbal or implied, are included herein unless specifically stated in this written agreement. This contract is made and entered into in the state of the LESSOR’s stable, and shall be enforced and interpreted in accordance with the laws of the State of New York.

    IN WITNESS WHEREOF, the parties have executed this lease:

    LESSOR Name: ___________________
    Address: ___________________
    City: ___________________
    State/Zip: ___________________
    Phone: ___________________

    LESSEE Name: ___________________
    Address: ___________________
    City: ___________________
    State/Zip: ___________________
    Phone: ___________________


    __________________________________________
    (Lessor Signature)

    __________________________________________
    (Lessee Signature)


    Witnessed by: ________________________________, on this Date: ____________________________
    Last edited by KayBee; Mar. 31, 2015, 09:50 AM. Reason: "advice" is spelled with a "c"

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