This document template covers both the lease of a horse for eventing or jumping or a pony for showing. It is a comprehensive, flexible document for both long and short term periods. The document primarily protects the interest of the owner but fairly treats the borrower.
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Leasing your horse or pony is a good way of letting someone benefit from keeping it, reducing costs of ownership and possibly training the animal to a higher standard than you may be able to achieve.
You might use this agreement to loan a young, energetic horse for eventing to an upcoming youth rider who will give it national competition experience as well as feeding, stabling and caring for it. Or you may have a pony that requires recreational riding for exercise but no-one to ride it. Leasing it might be a solution that reduces the cost to you of upkeep, allow someone else to enjoy riding (maybe including at local shows), and keep the pony fit and healthy.
This template is designed to form the basis of an agreement that suits your exact arrangement. It covers a number of possible uses: including general riding, eventing, jumping, and showing. The value of the animal could be high or low, the lease amount paid could be any amount and the term could be measured in months or years.
Your arrangement may be for full board, where the borrower pays for stabling, feed and veterinary costs, or you may agree to split some costs in some proportion between you both.
A well drawn legal agreement protects you and the horse. Importantly, if there are any disagreements, having the terms of the lease written down allows you to refer back to what you agreed and resolve potential disputes before they arise.
To make your life easy, we have provided multiple options in many areas including responsibilities for care and maintenance, payment of the lease, options for buy-out at the end of lease, participation in competitions, insurance obligations and much more. By and large, you can set the terms you want.
The document should be edited so that it reflects exactly how your deal works. Our guidance notes will tell you what you can change safely, and what we don't advise changing.
Use this agreement if you are lending your horse or pony to a friend or family members on simple terms, or where you have a high level trust with the borrower.