Leasing is an attractive alternative to buying or selling a horse for many riders and owners because it is able to accommodate a wide range of needs. As with any form of contract, leases vary in complexity depending on the particular needs of the individuals involved, from simple form agreements to detailed individualized provisions.
These documents can be complex – what is the level of the horse? How much money is involved? How much risk are the lessor and lessee willing to take? These questions are and more help to determine how in-depth the lease agreement document needs to be.