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Fillable Printable Standard Horse Lease Agreement

Fillable Printable Standard Horse Lease Agreement

Standard Horse Lease Agreement

Standard Horse Lease Agreement

HORSE LEASE AGREEMENT
This Horse Lease Agreement (the “Agreement”) is entered into on ____________201___
between _____________________ residing at __________________________________
(“Lessor”), and _______________________residing at ___________________________
(“Lessee”).
Whereas Lessor owns the below described horse and Lessee desires to lease horse.
Whereas Lessor and Lessee, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, agree as follows:
A. TERM
This Agreement shall commence on _______________________ and terminate on thirty days
written notice by either party, unless terminated sooner as provided herein.
B. HORSE (“Horse”)
Name ____________________
Age _____________________
Breed ____________________
Sex ______________________
Registration # _______________
C. OPTION
Lessee fully understands that the hors e will still be available for purchase during th e lease
and the Lessor will activ ely market the horse in an effort to sell said horse. The Lessee will
have the first right of refusal, at the marketed value. The Lessee will have a 24 hour notice
prior to a prospective buyer trying the said horse.
D. CONSIDERATION
Lessee agrees to en ter into a Horse Training Agreement of even date herewith Bein Performance
Horses, LLC for the term of this Agreement. Lessor and Lessee accept the terms and conditions
of that Training Agreement.
Lessee agrees to board Horse with American West Quarter Horses only and pay all board costs
associated with the Horse during the term of the Agreement.
Lessee agrees to pay all farrier costs associated with the Horse during the term of the agreement.
Lessee agrees to pay all veterinarian costs associated with the Horse during the term of the
Agreement.
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Lessee agrees to pay all additional fees in reference to horses needs, including, but not limited to,
supplements, blanket cleaning, show fees, etc.
Lessor agrees to provide registration for said horse, as well as, ALL CURRENT memberships
cards pertaining to your horse ownership, or as will be need ed for the Lessee to show said horse.
E. USE
Lessee will be granted unlimited use of the Horse during the term of the Agreement, unless in the
opinion of the Lessor, unnecessary damage may accrue to the Horse through continued use, then
this Agreement may be terminated immediately.
F. RISK OF LOSS OR INJURY
Lessee assumes risk of loss or injury to Horse, except when caused by negligence of Lessor, with
an amount not to exceed $_______________. EXCEPTION Lessor and Lessee jointly
acknowledge the past injury of _______________________________
And Lessee’s ARE NOT responsible for any injury connected to that affected area. (Initial
_____/_____)
G. REGISTRATION
Lessee warrants that Lessor has good and clear title to Horse and Horse is free of any liens.
H. TRANSPORTATION
Lessee assumes all transportation costs associated with the lease of the Horse, except that Horse
may not be transported without Lessee’s permission.
J. LIENS
LESSEE agrees to keep Horse free from any and all liens, encumbrances, charges, and claims.
Lessee agrees to hold Lessor harmless from same.
K. DEFAULT
Upon material breach of this Agreement by either party, the other party may terminate this
Agreement. Both parties agree to settle any disputes through binding arbitration.
L. JURISDICTION
This Agreement is subject to the laws of Arizona
M. AMENDMENTS
This Agreement may be amended at any time by written notice approved by all parties affected
by such amendment.
N. WHOLE AGREEMENT
This Agreement constitutes the whole agreement between th e parties. There are no other
agreements, written or verbal.
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O. CLAIMS
Lessee acknowledges an d agrees that horseback riding is a dangerous activity. Lessee accepts all
responsibility for Lessee’s actions pursuant to any action that is associated with this Agreement,
the Horse, or Bein Performance Horses, LLC.
AGREED:
________________________________ __________________________________
LESSOR LESSEE
________________________________ __________________________________
Printed Name Printed Name
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