Horse Lease Agreement

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file:///C|/WINDOWS/Desktop/Forms/lease2.txt
HORSE LEASE AGREEMENT:
This agreement is entered into this day, ___________, 20__ and shall be
effective through ___________, 20__ between (lessee's name), who shall be
known as the lessee, and (lessor's name), who shall be known as the
lessor.
The lessee is agreeing to care for and maintain one
(description of horse), known as (horses name) foaled ______________
in exchange for exclusive use of the animal for the purpose of riding
and showing.
The following terms and conditions shall apply for the
length of the lease.
The lessor shall not be held responsible for loss, damage, injury,
claim, demand, cost and expense (including legal expense) arising out
of or connected with the use, stabling or actions for the leased animal
whether under control and supervision of the lessee or not.
The lessor
will not be responsible for any accident or injury to any person or
animal who comes in contact with the above named animal, during the
term of this lease.
The estimated value of the said animal is $_______ and shall be insured
against death for the estimated amount.
If for any reason said animal
must be put down, the lessor shall accept the insurance as adequate
compensation and hold no further claims against the lessee.
In the
above situation proper Veterinary care must be utilized and the lessor
must be notified immediately.
Should the animal become for sale during the term of the lease, and a
legitimate offer is made on the horse by a third party, the lessee
shall have the right to match the offer and assume ownership of the
animal before any other offers would be accepted.
The animal included in this lease shall remain the sole property of lessor
and the lessee shall have no right, title, or loan to any other party
of said animal except as stated here.
______________________________ is to be considered the principle home
stable during the term of this lease, but permission is granted for
temporary stabling at other locations for the purpose of showing,
demonstrations or such activities, but prior approval must be obtained
from the lessor to change the principle home stable.
The lessee shall use proper care and good judgement in maintaining and
training said animal in quality show condition or as close to when
lease began.
With lessee responsible for all expenses during lease
time including boarding, farrier, transportation, veterinary, and show
expenses.
All fees, bills, etc. shall be considered personal bills of
lessee and in no way can be considered a lien on this animal, with
boarding facility, and others notified to this contract.
----------------- lessor
----------------- lessee
file:///C|/WINDOWS/Desktop/Forms/lease2.txt [6/7/2001 11:33:08 PM]

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