Horse information: name, registration number, father, mother, date, sex, color, other details; Even if the lessor did not oblige the tenant to receive insurance for the horse as a rental period, the taker may be advised to receive such insurance. This allows the tenant to protect himself if the horse becomes lame or dies in his care. This is especially important when the horse is very valuable and the tenant cannot afford to buy a replacement horse for the owner. SummaryThe most important aspect of negotiating and developing a horse lease is to ensure that all parties are aware of their rights and obligations under the lease. Once this is achieved, all parties should be free to focus on the horse and enjoy the benefits of the lease! As mentioned earlier, the parties may also want the lease to look at what happens if the horse is paralyzed or, worse, dies during the lease term. If this is due to a fault of the lessor (which may be difficult to prove), will the tenant be obliged to pay the lessor a fixed amount as compensation? Conversely, what happens if the horse is paralyzed without the tenant`s fault? In this case, will the tenant receive a refund of the rental and related costs, since the tenant does not use the horse? These are issues that the parties should discuss before the lease. If the owners have particular problems, they must indicate them under the terms of the lease. If tenants have doubts about the terms of the tenancy agreement, they should ask for and seek clarification. The period during which you can use the horse in accordance with the agreement must be defined by both parties and indicated in the document. The parties can negotiate the sanctions that can be imposed if the deadline is not met. Terms of a lease A good lease should contain the following information: – The name of the rightful owner of the horse and the name of the taker (if not the same person); A complete description of the horse, including the registered name, registration number, registration number, gender, race, amount, colour, age and marks.B; , the tenant pays directly to the landlord for their part or the tenant pays his share of the bill directly): Board of Directors, Farrier, veterinarian, pet food (if not included in advance), course fees, and horse show fees; Tenant); Whether the tenant has to take courses through an instructor or if he can choose an instructor; for which the tenant must take courses, or if he can choose an instructor; – How often can the tenant ride the horse and if there are restrictions on the use to which the tenant takes classes, the horse (for example.B.
a limit on the height at which the tenant can jump the horse); That the tenant may remove the horse from the property for trail trips; and, there may be a number of other issues, such as. B that determines the horse`s Farrier calendar, feeding needs, training needs and even small things like mane, clipping and hoof. Disagreements about these little things can often cause the most irritation and resentment between the parties to a lease.