Pasture Pals Equine Rescue Horse Lease Agreement

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Pasture Pals Equine Rescue, Inc.
Horse Lease Agreement
1. Parties
Horse Owner:
Sandra “Alex” Daniels
10 Colony Rdg, Clayton, NC, 27520
(919)320 -7272
,
Lessee:
______________________________________________________________________________________
Name
Address
City
State / Zip
Phone
This agreement is entered into by Horse Owner and Lessee. Horse Owner warrants that it is the owner of
the horse and agrees to lease said horse to Lessee subject the following terms and conditions; and
whereas, Lessee warrants that he/she agrees to lease said horse subject to the following terms and
conditions. The Parties agree as follows:
2. Term
The term of this lease shall commence on _____________________________________________,
_______________ and terminate on ___________________________________________________,
________________, unless the Parties agree in writing to continue the terms of this lease, in which case the
new lease term shall be set forth in an amendment and attached hereto, signed and dated by both Parties,
and these same terms and conditions shall apply thereto.
3. Description
This lease applies to the horse described here:
_______________________________________________________________________
Horse’s Name
Breed
Registration #
_______________________________________________________________________
Date of Birth
Sex
Markings/Brands/Identifying Characteristics
_______________________________________________________________________
Location of Horse During Lease Term
4. Payment
Lessee shall pay to Horse Owner a monthly lease fee in the amount of $_250.00____________________.
Lease payment is due on the first of each month with a 10-day grace period. Payments greater than 10 days
past due will be charged a late fee of $5.00 per day. Monthly fee will be prorated if this agreement is signed
after the first of the month. Lease payments 15 days past due will terminate lease agreement immediately.
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