Screenplay #1 Mary is half-rented Bandit, his 15-year-old wallach horse, to his friend Kevin. During one of Kevin and Bandit`s trips, the horse spits on the van passing in front of the arena. The rapid movement triggers Kevin, and he falls and breaks his arm. Kevin then decides to sue Mary for medical expenses. A horse can be rented according to AQHA rules for two purposes: breeding or demonstration. And here`s the catch: if you rent a horse for breeding, the horse cannot be shown (rule 402 (d)). If you rent a horse for the show, it cannot be raised until the lease is terminated. Recently, a client came to see me after renting an “Appendix Quarter Horse” for her daughter. She asked me to develop an equine contract. She was not financially able to buy the horse directly. And she hesitated with the inflexibility of horse ownership. Have you ever wanted to halve your horse maintenance costs? Or perhaps dreamed that your horse could be exercised more times during the week? There is a way to achieve both of these goals and keep ownership of your horse.
This is called half-life. In this case, Mary could have tried to avoid a costly complaint, and more, by using a carefully formulated liability authorization. Terms of a lease A good lease should contain the following information: – The name of the rightful owner of the horse and the name of the landlord (if not the same person); The name of the taker; for the payment of the following expenses or, if it is necessary to share, the corresponding percentages to be paid by the landlord and the tenant and the length of time for which these payments are to be made (for example.B. in common, the tenant pays directly to the tenant for his part or the tenant pays his share): food, furrier, veterinarian, fodder (if not in the edge of the edge), teaching fees and horse issue fees; If the tenant is required to take courses from a specific instructor, or if they can choose an instructor.B; and that the lessor is not responsible for the losses or damage suffered by the lessor as a result of the use of the horse; and, there may be a number of other issues, such as. B that determines the horse`s Farrier calendar, feeding needs, training needs and even small things like mane, clipping and hoof.