Both parties must retain this agreement for their registrations until the end of the agreement. All parties involved should sign an agreement clearly stating the terms and responsibilities of all parties involved. Some of the points that should be described: This agreement can be accompanied by documents that confirm the ownership of the horses. They may also be asked to attach documents indicating the horse`s health. Prepare these facilities in advance. First, you must date the document indicating the day it was completed and signed and by whom. The following indications should in principle be included in the agreement: If you own a horse or if you simply want to rent the animal, the lease must be prepared. If you have this document, you know that the horse is well maintained and that he may not be worried about the legal side. The document must be signed by both parties.
If one of the signatures is missing, the agreement is considered null and void. The period during which you can use the horse in accordance with the agreement must be defined by both parties and indicated in the document. The parties can negotiate the sanctions that can be imposed if the deadline is not met. A short-term lease can only last a day or a few weeks. In general, the purpose of short-term leasing is horseback riding. Some owners rent their seasonal horses from schools, camps or resorts. A long-term lease can last from 90 days to 3 years anywhere. In most cases, people use long-term leases to try to own horses.
It could also be for breeding or competition. In many cases, owners offer the opportunity to buy the horse in a long-term lease. There are short- and long-term leases and there are many reasons to rent a horse. Regardless of the length of the lease, the owner must prepare a rental agreement involving the use of the horse. Part of your liability will be discharged if you own the horse, if you pass it on to the tenant, but you want to make sure that the tenant is properly insured. And if the tenant has employees exposed to the horse, you want to make sure that the staff is insured by the worker`s compensation insurance. The horse lease can be used when an applicant owns a horse and wishes to lease it to another person. The terms of your agreement must be defined and all aspects must be clarified. This document has two types. The first is a full-time horse deal.