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| i have a girl who's horse just got hurt. she wants to lease a 3d-2d gelding i don't ride, hardly ever.
well she has mentioned to be about leasing him but I've never done or know anyone who does that.. I've heard all the threads on here about it and how a lot of people have had bad deals. (i know this girl personally so i know where to find her if anything gos wrong and plus, i board her hurt horse at my house) well i read to make sure i DEATAIL everything that is supposed to in what order (vet, feed etc.) but honestly, how much do i charge for something like that? sense he stays at my house do i still pay for feed, farrier? etc.
or does the cost of her leasing him pay for all that?
how much do people even charge to do that? | |
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 Expert
Posts: 1367
Location: mi | Around here it is common on a lease that the leasee cover all expenses for the horse just as if they owned it. The owner doesn't actually make any money off of the horse but they are not putting out any expenses for the time of the lease. If the horse is staying at your place I would charge her board and then she pays for all vet, farrier, supplements.... yada yada yada expenses. I would also require that she insure the horse for his value and that you are the payee should something happen. depending on the horses value I would probably only require mortality not all of the ad ons. | |
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 Cute Little Imp
Posts: 2747
 
Location: N Texas | I have leased a horse once, and it was a win-win for both parties. The summer before last, my friend needed a place for her horse to stay, and I needed a horse to ride since mine was hurt, so she let me borrow him. He stayed at my house throughout the summer and I paid for his feed and care. She wanted him to see a chiro while I had him, so she paid for that. I paid for the farrier once and I think she paid for it once (she would sometimes come pick him up to take him to ride). She offered to help pay for feed, but I declined since I was getting use out of the horse. Thankfully he didn't get hurt while in my care, so we didn't have to work out any vet bills. If something would have happened, we would probably split it, or come to some kind of agreement. We were both very understanding and had realistic expectations. We also agreed that I could haul him wherever I wanted and enter him whenever, and I could keep anything I won.
My sister once loaned a horse to a friend to use for a few weeks as a lesson horse, and the friend agreed to have the farrier out and have his teeth done, neither of which she ever did. So she got a free lease, made money off lessons, and just paid for his feed.
Is the horse staying on your property or hers? If hers, I say she's responsible for feed and care as if it's her horse, and I would require her to take out insurance with you as the payee. You need to have an agreement up front about who is responsible for what expenses. You also need to agree on who keeps any winnings from barrel races. If you're fine with her keeping everything she wins, then go with that. Or if she wins money, she gets her entry fees back, and you split what's left. If the horse is staying on your property, it makes things a little different because she needs to be responsible for SOMETHING so she's not getting free use of a horse that you're paying all the care for. Unless you're ok with that.
If you trust her with your horse, just put everything in writing and each of you sign it.
Edited by Gunner11 2015-01-14 9:31 AM
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 Elite Veteran
Posts: 886
Location: Where its cold and hot | I've charged anywhere from $175-$400 per month for kid horses on up to a nice lil rodeo mare. Horses stayed onsite at our operation and I used the lease $$ to cover feed and farrier expenses for that horse. Only time a Leaser would be responsible for expenses would be if something happened to the horse due to their negligence. They also had to buy hay/grain for when they were gone at shows. | |
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