Half Lease Horse Agreement

However, this is not an agreement to be taken lightly. In fact, it is an agreement that should be written?every time. In this type of agreement, the owner of the horse or owner allocates the cost of maintaining the horse and the time to ride with a tenant. It can be an advantageous way to save money on board, food, vet bills, etc. and it can be ideal for your horse if your own saddle time is limited. As far as the tenant is concerned, a half-lease can be used as a springboard to the possession of horses. With this type of insurance, she adds, the police are supposed to protect you if someone has been bitten, beaten, beaten or thrown away by the horse, and offers at least one legal defense. “I receive a lot of calls every week from people involved in disputes over contracts such as leases and half-rent rentals. But nothing is written,” says Julie Fershtman, a lawyer and horse law expert.

“In the absence of a written contract that clarifies the agreement between the parties, resolving this type of dispute is never simple, quick or cheap,” she notes. “Without a lawyer, people may miss critical details that are important to the document. In my office, I deal with a lot of adhesion,” says Julie. Companies and insurance companies have asked me to verify the disclaimers written by individuals themselves. Some of them simply do not measure themselves, and they will not stand in court. Scenario #2 Kara is half-praised Jazzie, a 10-year-old Appaloosa mare, by her coach. You and Jazzie get along very well, and the arrangement works well. A month after the half-lease, Kara receives an unexpected bill from her coach for half the cost of Jazzie squat injections and two chiropractic appointments. Although Kara agreed to pay half of Jazzie`s board and vets` bills in her contract, she had no idea that the mare was on such an expensive diet. First, most states will impose a properly worded release of liability, so make sure your state does so (read later) and make sure your document meets the requirements of the state, because they are all different. Have you ever wanted to halve your horse maintenance costs? Or perhaps dreamed that your horse could be exercised more times during the week? There is a way to achieve both of these goals and keep ownership of your horse. This is called half-life.

“If the play between the horse and the tenant is unsuitable or if the economic or geographic circumstances change, the tenant could have an escape hatch in the contract,” explains Julie.