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1. Parties: Identification of the lessor (horse owner) and lessee, including full legal names and addresses
2. Background: Context of the agreement, including brief description of the horse and parties' intentions regarding lease and potential purchase
3. Definitions: Key terms used throughout the agreement including 'Horse', 'Lease Period', 'Purchase Option', 'Lease Fee', etc.
4. Horse Description: Detailed identification of the horse including name, registration numbers, age, color, markings, and any distinguishing features
5. Lease Terms: Duration of lease, lease fees, payment schedule, and renewal options
6. Care and Maintenance: Requirements for horse care, feeding, exercise, veterinary care, farrier services, and general maintenance
7. Location and Use: Where the horse will be kept and permitted uses (riding, showing, breeding restrictions)
8. Insurance Requirements: Required insurance coverage for mortality, liability, medical/surgical
9. Risk and Liability: Allocation of risk, liability provisions, and indemnification requirements
10. Purchase Option Terms: Purchase price, duration of option, exercise process, and conditions for purchase
11. Default and Termination: Events of default, termination rights, and consequences
12. General Provisions: Standard contract clauses including governing law, notices, entire agreement, amendments
1. Competition and Showing: Include when horse may be used for competitions, detailing permitted shows and division of winnings
2. Breeding Rights: Include if breeding activities are permitted during lease period
3. Training Requirements: Include if specific training regimens or professional training is required
4. Transportation: Include if horse will be transported to different locations, specifying requirements and responsibilities
5. Sales Commission: Include if a third party broker/agent is involved in the transaction
6. First Right of Refusal: Include if lessor wants right to match any third-party purchase offers after option period
7. Assignment Rights: Include if either party may want to assign their rights under the agreement
1. Schedule A - Horse Details: Comprehensive description of horse, including photographs, markings diagram, and registration papers
2. Schedule B - Care Requirements: Detailed care instructions, feeding schedule, exercise requirements, and maintenance calendar
3. Schedule C - Veterinary History: Horse's medical history, vaccination records, and ongoing medical requirements
4. Schedule D - Equipment Included: List of any tack, equipment, or other items included in the lease
5. Schedule E - Insurance Certificates: Copies of required insurance policies and certificates
6. Schedule F - Payment Schedule: Detailed breakdown of lease payments, including deposit and purchase option price calculation
7. Appendix 1 - Condition Report: Initial condition report of horse at start of lease, including photographs and veterinary assessment
Equestrian
Agriculture
Animal Husbandry
Sports and Recreation
Professional Sports
Veterinary Services
Insurance
Legal Services
Legal
Risk Management
Operations
Finance
Insurance
Veterinary Services
Property Management
Client Services
Equestrian Operations
Contract Administration
Stable Manager
Equine Facility Owner
Horse Trainer
Equine Veterinarian
Equine Insurance Agent
Equine Lawyer
Barn Manager
Equestrian Program Director
Professional Rider
Breeding Manager
Risk Management Officer
Contract Administrator
Equine Business Manager
Show Manager
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