PandaTip: Use the table below to list the boarding fees that the customer must pay. Be sure to modify the “QTY” column to accurately reflect the number of horses on board. This standard contract for horse shares is for guidance purposes only and legal advice should be sought to ensure that any contract is legally binding. First, you need to date the document that indicates the day it was finalized and signed and by whom. In principle, the following information should be included in the agreement: This agreement is defined by ______ The period for which you can use the horse under the agreement must be defined by both parties and indicated in the document. The parties may negotiate the sanctions that may be imposed if the deadline is not respected. “The tenant must be very comfortable with the horse which is rented halfway. If they agree to make a deal, the tenant should do their homework and understand the history of that particular horse – any quirks or inclinations and special care needs,” Julie says. The granting of credit can be beneficial for both the borrower and the owner.
Buying a horse or pony can be expensive, so many people borrow a horse instead, as it eliminates upfront costs, but involves many of the same responsibilities as owning a horse. The loan is a less permanent agreement than the purchase and can be a fantastic first step to having your own horse. There are many factors to consider when deciding to make half of your horse. But with the insights we`ve given here, you`ll have a better chance of not only protecting yourself and your horse, but also having a happy half-lease agreement. Coverage of the proportion of horses known as ___ Horse owners may end up with a horse they grew up on but don`t want to sell. In these situations, lending can be the ideal solution, as it allows the owner to keep ultimate control of the horse`s future, while someone else takes care of the daily work and care costs. To find out what agreements your state allows and will enforce, it`s best to talk to a lawyer. “If the compliance of the horse and the tenant is not appropriate or if the economic or geographical circumstances change, the tenant may want to have an escape hatch installed in the contract,” Julie explains.
The law in this agreement is common law, so you can enter into the agreement that best fits both parties. Either you can modify the agreement as a general conditions of sale (and use the same version for all customers), or you can modify this contract for each horse or pony you take. Of course, we assume that you are aware of the problems of charity of horses, but they do not directly affect your contract with your owners. In this type of agreement, the owner of the horse or the owner shares with a tenant the maintenance costs and the riding time of the horse. It can be a great way to get money on board, food, veterinary bills, etc. to save money, and it can be great for your horse if your own saddle time is limited….