Wednesday, February 12, 2014

Looking for A Leaser for our Horse

With our first horse, my daughter K and I decided to lease.  Leasing is just like leasing a car.  The owner is responsible for basic care for the horse.  Since our was at a boarding facility, the barn staff took care of daily care there like turning out/bringing back in, cleaning stall, feeding hay and supplements.  A leaser would pay the owner a certain amount of money monthly.  That person then gets to ride the horse a certain number of times a week.  They usually are required to take lessons and may take the horse on trail rides or to horse shows and compete with the horse.  If the leaser finds the horse injured, they are required to treat it and call the owner to let them know.  If the horse requires vet care, they call the vet.  The owner pays for all of that and for normal farrier care.  If a leaser injuries a horse under their care because of recklessness, they then pay for the vet and supplies needed.

The dollar amount has always been difficult for me.  Whenever I offer it for a low amount, I get wacky people.  To avoid that the price is higher.  But I can only go so high otherwise I don't get anybody interested.  The economy really plays a bigger role in this than you would think.  In my mind, I never get the amount I believe my horse is worth.

I advertise for this lease.  There are many different ways.  There are websites dedicated to this, Craigslist and an ad right there at the boarding facility.

Potential leasers either call me or email about the lease.  We exchange emails and phone calls talking about what my horse is like, what the lease includes, and what the background is of the leaser.  If both parties are still interested, the potential leaser comes to the boarding facility to meet me and my horse.  If time permits and the person loves my horse, they groom, tack and then ride her.

After that, if we are both still interested, I have them have a lesson.  If that does happen, I talk with the instructor to get input.  If the potential leaser wants to lease we then meet to discuss it and sign the lease agreement.

This can take months depending how long for people to respond, meet the horse, take a lesson and then sign the agreement.  

I have had some people only lease for two months and some as long as two years.  I have mixed feelings about it.  I love it for when I or K can't get out there to look at her and give her exercise.  But I don't like it because of the people may do things that aren't right for our horse or us, plus I would like my horse for us for a change.

Stay tuned for more.

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