A horse lease contract is a legal contract which is formed between a person who owns a horse and a person who wishes to lease the horse for certain duration of time and by paying a certain lease amount. The owner is known as the lessor and the person leasing the horse is known as the lessee.
These contracts are formally drafted and are used to record the details of the parties, the horse, the lease amount and the legally binding terms and conditions. Given below is a sample of one such horse lease contract which can be used by anyone for reference purpose.
Sample Horse Lease Contract:
This horse lease contract has been made effective on 3rd May 2012 and shall remain into effect for 6 months
This horse lease contract has been made by and between the parties with the following details
Name: Mr. Tim Fredrick
Address: D-90, first floor, Marks lane, London
Contact number: 472-947-4529
Name: Mr. Darwin Dorothy
Address: S/m9, second floor, Power tower, London
Contact number: 423-323-1209
The lessor owns a horse ranch in London and the lessee agrees to lease a horse with the following details:
Age: 5 years
Details of lease:
Lease amount: $ 50 per month
The following are the terms and conditions which the parties have to abide by:
- The lessor agrees to lease the horse for 6 months to the lessee on the condition that it shall not be taken anywhere outside London.
- The lessee agrees to take full care of the horse and pay for its maintenance and food.
- The lessee cannot use the horse for any public shows or auctions and must only be used for riding purpose.
- The lease payments must be made within the first week of each month.