Fillable Horse Lease Agreement (Page 2 of 2) in pdf

known or reasonably should be know by Owner have been fully disclosed by Owner to Lessee prior to the execution of this agreement.

Warranty of Health and Soundness:

Prior to execution of this agreement, Lessee has the right to have the horse examined by a

veterinarian or other agent of Lessee’s choosing, said examination and elements contained therein to be at the sole discretion of Lessee.

Lessee is responsible for all costs relevant to said examination.

Lessee has the right to request copies of the horse’s veterinarian examination

and access to prior X-rays, ultrasound and/or other diagnostic or imaging tests of any kind performed on Horse by Owner. Owner shall

fully cooperate with Lessee in authorizing the release of said records from the relevant providers to Lessee. Provision and review of these

records, and approval of same, is a condition precedent to Lessee’s obligation of further performance o this Agreement. This warranty of

Heath and Soundness is not given in lieu of any warranty of quality, condition or otherwise, said warranties surviving concurrently. Lessee

HAS (

) / HAS NOT (

) had a pre-purchase veterinary examination, at LESSEE’S expense, performed on said horse.

Warranty of Pedigree and Registration: Owner warrants the name, sire and dam, sex, foaling date and registration number as stated

above and on the related registration papers provided to Lessee.

Sale of Horse by Owner: In the event Owner places the Horse up for sale during the period of this Lease, Lessee shall have the first right

of refusal to purchase said horse within

days of written notification for the agreed upon amount of $

Limitation of Liability: Lessee understands that Owner is not responsible for any accidents, injuries, damage, death or loss to personal

property in conjunction with said horse while in the care of Lessee and releases Owner, their agents, employees or representatives from all

actions, claims or damages resulting from actions of said Horse.

Option to Renew: Lessee HAS (

), DOES NOT HAVE (

) the option to renew this Lease if a request is made in writing

days prior to the expiration of the term of this lease.

Assignment or Transfer: This agreement shall not be assigned or transferred by either party hereto without the prior written consent of

the other party. Any such assignment or transfer shall be set forth in writing, dated and signed by the parties hereto and attached hereto.

Modification of Lease: No modification of this lease shall be binding unless in writing and executed by the parties hereto.

Disputes:

In the event any dispute arises under this Agreement, the parties agree that said dispute shall be submitted to an arbitrator

mutually selected by the parties and shall be governed by the laws of the state in which the Seller resides. The parties further agree that the

prevailing party in said arbitration shall be entitled to recover its reasonable costs and expenses incurred, including reasonable attorneys

fees.

I/WE, THE UNDERSIGNED, HAVE READ AND DO UNDERSTAND THE FOREGOING LEASE CONTRACT AND LIABILITY

RELASE AGREEMENT,

WARNINGS AND OUR ASSUMPTION

OF RISK.

THE PARTIES UNDERSTAND

THE ABOVE

AGREEMENT

CONTAINS

AN AGREEMENT

TO SUBMIT ALL DISPUTES

UNDER THIS AGREEMENT

TO BINDING

ARBITRATION.

LESSEE SIGNATURE

DATE

OWNER SIGNATURE

DATE

Horse Lease Agreement Page 2

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