Equine Paid Lease Contract
$59
This Paid Lease Agreement is built for leasing arrangements where the Lessee pays a lease fee and where clarity around access, care, and who pays the horse’s expenses is essential. It is designed to support a smooth partnership and protect the horse through clear standards and documented terms. Equine Steward’s Paid Lease agreement supports three thoughtfully designed fee arrangements—so you can structure your deal in a way that reflects how it’s actually done.
Lump Sum. A single payment made in full on or before the start of the lease term. Clean, straightforward, and fully settled from day one.
Monthly Fee. The lease fee is paid in consistent monthly installments throughout the term.
Hybrid. A combination approach. A portion of the lease fee is paid up front, with the remaining balance paid in monthly installments—balancing commitment and flexibility.
Lease fees are separate from the Horse’s ongoing expenses —such as board, training, and care—which are addressed in dedicated sections of the agreement.
Customizable clauses include:
Length of the lease
Lessee’s access to the horse - exclusive or a certain number of days per week
Lease Fee Structure - Lump Sum, Monthly, or a hybrid approach
Late fee
Lease to Purchase option
Allocation of the horse’s expenses
Routine care responsibilities, including veterinary and farrier expectations
Medication and maintenance requirements
Boarding arrangements, including where the horse will be kept
Insurance requirements
Notice period for termination of the lease agreement
A fully customizable clause to address any topics not covered in the questionnaire
Your Questions, Answered
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The Paid Lease Agreement questionnaire will prompt you to think through and make decisions about areas that often get overlooked without a contract, like insurance requirements and the horse’s annual maintenance. Putting these things on paper enables you to make sure your horse is properly cared for while on lease.
The contract includes the following standard clauses to protect owners:
“Owner’s Right to Examine” makes sure the owner can inspect the horse to confirm it is healthy and being properly cared for
“Indemnification” ensures the Lessee will take responsibility for any accidents, injuries, damage, or loss caused by or related to the horse while in Lessee’s care
“Lessee’s Warranties” confirms that Lessee will not allow any lien or charge to be asserted against owner’s ownership of the horse and prohibits the Lessee from selling, transferring, or subleasing the horse without written consent from the horse owner
“Termination” requires the Lessee to deliver possession of the horse to owner on the last day of the lease term (or sooner)
“Death of Horse” ensures that the risk of loss transfers to Lessee if the Horse’s death results from Lessee’s negligence, willful misconduct, or breach of the lease.
“Attorney Fees” provides that, if either party brings an action to enforce the agreement, the prevailing party will be entitled to attorney fees
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Clarity is key! Most importantly, the Lessee will know which of the horse’s expenses they are responsible for paying and, in exchange, what rights they have to use the horse. The questionnaire prompts the horse owner to disclose the horse’s soundness level, known medical issues, and maintenance requirements, so Lessee can enter the agreement with as much information as possible! The agreement also provides steps for the Lessee to terminate the agreement early and, for lump sum and hybrid leases, requires the Owner to repay a prorated portion of the Lease Fee if the Owner terminates the lease early.
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Yes, this agreement is not applicable to care leases of broodmares or race horses.