Purpose of this contract – the documentation of a lease between the owner (owner) of the horse and the person who temporarily takes possession of the horse (tenant). Both parties must retain this agreement for their registrations until the end of the agreement. Use the horse credit contract if you lend your horse to a friend or family member without money on simple terms and if you have great confidence in the borrower. The paper copy of the tenancy agreement contains two contracts – one for the landlord and tenant, so that everyone keeps a signed original. There is an expenditure for every state and territory in Australia. The person who enters the lease should choose the expense in which he resides, which is important if the lessor and the taker do not reside in the same state or territory. This contract addresses contingencies and risks that may result from the coverage of a mare or her breeding by artificial insemination. He ensures 1 breeding of the mare, then their return to the owner. The parties are able to adapt the lease themselves by adding specific requirements to the lease agreement. Naturally, we can adapt the contract to unique breeding arrangements for a fee, such as.B. the tenant`s request to return the mare to the foal. Leasing a horse is sometimes a reasonable alternative to buying or selling. Under a lease, the tenant has the exclusive right to use and enjoy a horse for a period of time or until the owner has the horse returned.
The tenant sometimes pays a lease fee to the landlord, but it is often a „free lease,“ which means that no tax is due in return for the tenant who looks after the horse and bears all the costs. A documented „free rental agreement“ avoids the risk that the tenant may interpret the agreement as a gift from the horse upon resumption. This document is a model agreement that forms the basis of a version that corresponds to your circumstances. It includes both the loan of a horse for eventing or jumping, as well as a pony for demonstration. This agreement is intended to cover both low- and high-value transactions. What may be suitable for an animal valued at $10,000 can be exaggerated for a value of $500. The lease covers all practical matters that occur during the term of a rental agreement, including prior disclosure of sound issues and defects, specific requirements for the maintenance of the horse, authorized use of the horse, liability for veterinary costs, liability in the event of death or injury of the horse, and the consequences if the taker violates the rental contract. The horse lease can be used when an applicant owns a horse and wishes to lease it to another person. The terms of your agreement must be defined and all aspects must be clarified.
This document has two types. The first is a full-time horse deal. In this case, the borrower has full access to the animal for the duration set by the parties. The second type is a lease for boarding horses. After this species, both parties have access to the horse and share the financial responsibility of the animal. Horse information: name, registration number, father, mother, date, sex, color, other details; The agreement may be accompanied by documents confirming the ownership of the horses. They may also be asked to attach documents indicating the horse`s health. Prepare these facilities in advance.