Equine Lease Agreement EQUINE

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Equine Lease Agreement EQUINE Powered By Docstoc
This Equine Lease Agreement (“Lease Agreement”), is made and entered into at _______________, by and between ____________________ (hereinafter “Lessor”) and _________________________________ , whose address is __________________________________________ (hereinafter the “Lessee” whether one or more). WITNESSETH, THAT: WHEREAS: Upon and subject to the terms, conditions and restrictions hereinafter set forth, Lessor desires to lease to Lessee, and Lessee desires to lease from Lessor, the Equine (hereinafter “Horse”) herein described. NOW, THEREFORE, in consideration of the terms, conditions and restrictions provided herein, and in further consideration of the performance of such terms, conditions and restrictions, Lessor and Lessee agree as follows: 1. DESCRIPTION OF LEASED EQUINE: Lessor does hereby lease to Lessee and Lessee does hereby lease from Lessor, and in accordance with the terms and conditions contained herein, the Horse as follows: Horse’s Name _______________________ Breed _____________________________ Sex _____ Reg. No. _________ Color/description ___________________________________________________________________________________ DOB: _____________________________ 2. TERM: The term of this lease shall commence on (date) _________________________ 20____ and terminate on (date) _________________________ 20____ . 3. LEASE PAYMENTS: The Lessee(s) agree(s) to pay to the Lessor the total sum of $____________________, _____________________________________________________________________Dollars. Payment shall be made on the specified dates as follows: $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___ $__________ on ___________________ 20___

4. TITLE AND OWNERSHIP: The title and ownership of the Leased Horse shall be and remain in the name of the Lessor. Lessor retains the right to relocate the Horse at any time during the term of the Lease Agreement.

5. PURPOSE/USE OF HORSE: Lessee(s) agree(s) to bar any other riders except Lessee(s)’s Trainer, Instructor, or other Professional where appropriate. Lessee(s) covenants, warrants, and agrees NOT to use the horse for any purpose other than those set forth below: __________________________________________________________________________________________________ __________________________________________________________
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Description: An agreement between a Horse's Owner (Lessor) and Lessee setting forth the specifications to Lease a Horse. The agreement contains payment schedule and describes which party pays for specific expenses relating to the care and boarding of the Horse. The agreement contains a release and waiver of liability of the Owner for injuries and or damages.
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