
12-06-2009, 08:07 AM
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Pet Forums VIP Member
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Join Date: Aug 2008
Location: suffolk
Posts: 3,614
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Re: IS leasing a good idea?
Quote:
Originally Posted by toddy
Loaning/leasing can be a very good way of getting to look after a horse as if it is your own without the initial outlay of money but be very careful who you loan off and make sure you have a written agreement about everything.
There is nothing worse than loaning a horse which you have been told is a long term loan for you to bond and work hard with only to have them snatched from underneath you by the owner.
Loaning does have its pitfalls both on an owner and loaner point of view but with a written contract at least you know where you stand on both sides.
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AGREED!! and also if you plan to buy the horse in the future,agree a price with the owner beforehand and have this written into the contract,with a clause that you have first refusal to buy  
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(formally clare7577)
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