I have a horse I'd like to lease out, how do I go about it?

Question

I have a horse that I would like to put up for lease.(10 yr. TB, jumping 2' courses, schooling over 2'6", shown 1 year) Does anyone have any idea what an average price would be? Also, do the people leasing him pay for shoes/shots or do I? What happens if they are leasing him and he gets hurt? Thanks!

Answer 1

It really depends on your area if you will be able to get a paid lease for your horse.  In any area, you should be able to find someone to free lease him.  As far as a paid lease, in my area, you would be hard pressed to find someone interested.  Is he a packer?  How does he place at shows?  What kind of shows as he been shown at? Any rated shows?  If he is a packer and has placed well at rated shows, you may be able to get a paid lease, otherwise, I think a free lease would be more of what you are looking at.  In a free lease, the person leasing usually pays for all up keep of the horse (board, farrier, supplements, routine vet, etc, but they do not pay any extra on top for the lease)  I would def. recommend in any event, that you have a contract done up that includes what happens in an emergency situation ie: who pays for what, outlines if showing is allowed, who can ride the horse (if anybody besides the leaser), how many times the horse is allowed to be jumped per week, etc and exactly what the leaser is responsible for.  

Answer 2

Anywhere from $400- $1000 a month in my area. More if he placed well and is push botton. Most of the time people who lease cover farrier and the contract states how vet visits are to be handled. Some have the owner pay everything, some have the leasee pay and others split the bill.  

Answer 3

For a full lease, I would expect them to pay all of board and farrier (since they are using the shoes too), maybe between 50%-%100 of vet would be fair.

In my lease contract for my gelding that I put up for lease, it states that the lessee is responsible for any veterinary costs caused by their own negligence. (since he is only up for part lease, that means that they don't pay any vet)

Have a contract. It's not fool proof but it gives you a little protection and makes your expectations for the lessee clear. State how much notice you need to end the lease (30 days and it can be ended by either party for any reason, immediatly by owner in case of neglect/abuse/mistreatment) , how high he is to be jumped etc etc. If you board and lease him out at the barn where you board, get "spies" to watch out for his well being. Are they allowed to use your tack etc

Good luck, I'm going through the exact same thing.  

Answer 4

I've leased several horses in the past and this is how it worked:

For full leasing:

Payed $800 per month

Leasee pays costs of farier and vet bills while leasing.

They pay for insurance upfront so that they are not responsible for bills if he goes lame.

For half-leasing:

Payed half of all bills and $350 per month.

Hope that helps :)

Answer 5

I would say $350 a month for half lease but $500-$700 for full lease. On half lease you pay for shoes and shots. If full leasing you split the bill. But that is just how I do it. It is up to you and what you put it in the contract. Getting hurt is up to you also.

Answer 6

Alot of horse owners are opting to lease out their equines to help cover the rising costs of owning. Good for you that youre looking into that and not just getting rid of your horse.

To get word out about the available lease I reccomend putting a flyer up in your barn and at the local tack shops and barns close to you.  

First, you need a contract between you and the person you are leasing the horse to. Your trainer may have a standard lease already but if she does not you can buy a form off Mary's Tack and Feed. (www.marystack.com)  They are about 10 bucks plus shipping and alot less expensive then ones you can down load. All the legal concerns are on the forms already.

The lease needs to state how much the lease is, when payment is due, any late fees if charged, notice required before the person leasing your horse can terminate the lease, what days they will get to use the horse and if it is just mornings, afternoons, or all day, what they get to use the horse for (shows, trail, arena work), when the lease starts and ends (usually min 3 to 6 months min.) what happens if the horse is injured, vet fees, shoes, supplements, feed, and training fees.

Typically, someone leasing a horse will get use of the horse for 3-4 days. The fee for this is half board, training fees, shoes, and supplements. As for vet fees, the contract clearly states that if the horse is injured or needs medical attention while it is a lease day it is their responsibility to pay for all vet fees. If the horse is laid up then they also pay for any vet fees while the horse is recovering and are required to pay the determined lease fee during the lay up. Having this stated in your contract is what will protect you from someone injuring your horse then just walking away from it. Leasing is a great way to learn about the costs of owning a horse with out actually owning it and not having the full costs but a good idea.

If you are paying for training on your horse they pay half or they pay for their own lessons. Another thing to consider is will they be using your horse for what it has been trained for or will they be using it for something compleatly different? Then you have to consider it from a training aspect. Youre doing one thing while they do another. That can sometimes set you back in your training.

If your horse is on your property I would find the average of board in your area for a "boarding price" . Then divide by half for a board cost.

As far as costs I cant give you a reccomendation since the costs are different depending where you live. Being from california a half lease is on average $700-$900 per month. The very least, who ever leases your mare should pay half of board, half of feed and supplements, half of shoes, and half of vet bills for regular maintance (teeth floating, injections, worming.)

Make sure it is clear when the lease days are and if its for the whole day or not. Another thing is you should have the potential leaser try the horse to see if they get along and if you like how they rides your horse. They may claim they are an expert when in reality they have sat on a horse twice in their life and just have a fantasy of running through the mountains. You need to know if they can handle caring for a horse too.

Answer 7

Around here, the leaser pays the horse's board bill only.  Vet and farrier appointments and that sort of thing remain the duty of the owner.  If you wanted to do a half-lease, it would be 1/2 the board bill, and so on.  You have to draw up a contract stating the responsibilities of the owner and leaser, who does what as far as care, what happens if the horse is injured or the rider is injured, etc. etc.

Answer 8

you would deffinately need to do a contract with them to cover that!

without them paying for shots i'd say maybe $200 a month.

if they paid for shots then maybe $150

hope i helped(:

Answer 9

I'm not sure but i am looking for a horse to lease!!!!

Answer 10

you can put up ads at your local feed and tack places.  you can contact 4h, ffa, pony clubs, boarding/training facilities.

you should also check with local boarding/training facilities for advice on how they work their leases.  

the leases i've had were well varied, and all on farm leases.  the full lease options were the price of the average full board.  i was responsible for trims / shoes.  we split the cost of all vet bills,no matter the cause.  full lease, for my situation, meant i had exclusive "use" of the horse.

i have had a couple half lease situations, as well.  the price was 1/2 the board, plus $50 to cover trims/shoes/shots, and the owner took care of all vet stuff, as long as it was something that i didn't cause (if that makes sense).  the half lease gave me 3 days a week to "use" the horse.  plus the horse i was half leasing was also being leased to another girl, at the same time.  

hope this will help some.