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. The Take-Away While these scenarios may seem extreme, they illustrate some of the big problems that can occur in a semi-rental lease. These problems are the reason Julie insists on the need for a written contract. Chelsea Babcock, another student at South Wind Stables, rented her first pony for another reason. His mother, Lisa, said it was a purely practical decision. The landlord and tenant must also specify who the parties are in a tenancy agreement. This may seem so obvious that it is not necessary to discuss it. But it`s not as simple as it sounds, especially when the horse is out of the owner`s sight. For example, someone who rents a horse for a year could ride his friends – or give pony rides to his little sister, unless the lease determines something else. In addition to creating a possible liability, such a situation could have an adverse effect on the horse. Stable manager Roni McAbee says that if a top horse is ridden by someone who is not as advanced as the mount needs it, many expensive drives could be cancelled.
You have to take into account many factors when you decide to rent your horse in half. But with the discoveries we`ve made here, you have a better chance not only to protect yourself and your horse, but also to have a happy half rent. Rental registration form Landlord/owner`s name tenant`s name (as registered in the contest) Date of validity of the U.S. Riding Federation lease agreement – all things Reitsport usef – Membership – Member of the city-state. … The reasons for renting are as varied as the spots on an appaloosa. Sometimes financial considerations come into play, or work schedules make it difficult to take full responsibility for the property. Perhaps you have recently lost a beloved horse and you are not ready to make the same kind of emotional investment in another animal.
Or maybe you would like to hire a special horse for breeding or dense competition so that you would have a horse of superior quality than you could otherwise pay. Even in an agreement between them and a friend, misunderstandings and disagreements can arise – and it is in everyone`s interest, including the horse, to clearly define the conditions you accept. The medical cost of the horse must also be taken into account. For most full leases, the tenant pays for the cost of footwear and vet for the duration of the lease. However, there is always a risk of the horse`s accident, injury or illness during this period. Please determine in advance who should be responsible for exceptional veterinary expenses (for example. B an emergency response) or current veterinary fees. Often it makes sense to invest in equine insurance. Perhaps you would like to see coverage that not only covers death, but also covers higher medical costs, such as colic surgery or “loss of use.” Or if you own a beloved horse that you don`t exhaust thoroughly, you can give it to someone who loves, cultivates and appreciates his talents without having to abandon it completely. A lease could also be the answer for you.
“We were looking for a pony for Chelsea to be a child hunter. We knew she was going to grow the pony in a year, so instead of investing to buy one, a lease was more feasible. That way, we wouldn`t have to worry about selling the pony and wondering if we could get the price we paid. The expert: Julie Fershtman Julie is one of the nation`s best-known and most experienced horse law practitioners; She has been practicing for 26 years. She is currently a shareholder in Foster, Swift, Collins and Smith, P.C., in Farmington Although a semi-lease does not need to be entered into by a lawyer to be legal, Julie strongly recommends working with one.