A short-term lease can only last a day or a few weeks. In general, the purpose of short-term leasing is horseback riding. Some owners rent their seasonal horses from schools, camps or resorts. A long-term lease can last from 90 days to 3 years anywhere. In most cases, people use long-term leases to try to own horses. It could also be for breeding or competition. In many cases, owners offer the opportunity to buy the horse in a long-term lease. We made all the purchases that we are not satisfied with after the fact. Sometimes someone buys a horse. Buyers always have expectations and if the horse you sell does not meet your expectations, you might be drawn into a claim. What do you mean? Because someone is injured or the property is damaged by the horse you sold. We know that you take care of the horses and the people who come to you to get your services. Steps must be taken to ensure that an accident does not occur at all.
Whenever someone interacts in one way or another with a horse, you are held responsible. If you sell or rent one or two horses each year, this may be normal and you may not need Horse Sales and Leasing insurance. But if you pull up a lot of horses and buy and sell more than a few horses a year, you need a commercial responsibility. All parties involved should sign an agreement clearly stating the terms and responsibilities of all parties involved. Some of the objects that need to be described: information about the horse: name, registration number, father, mother, date, sex, color, other details; If you own a horse or just want to rent the animal, the lease must be prepared. If you have this document, you know that the horse is well maintained and that he may not be worried about the legal side. The document must be signed by both parties. If one of the signatures is missing, the agreement is considered null and void. At Henry Equestrian Insurance Brokers Ltd.
we understand horses and make sure we protect you and your business. Contact us today to find out more or click on a free offer for a non-binding offer. 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.
First, you must date the document indicating the day it was completed and signed and by whom. The following information should in principle be included in the agreement: In Ontario, the sale and leasing of horses is a commercial enterprise in which you benefit, which means that you are opening up to the position of responsibility.