Alberta Standard Riding Lease Agreement Form - Free Download | Page 2
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Alberta Standard Riding Lease Agreement Form Page 2
The Owner agrees to lease the horse to the Lessee on the terms and conditions contained herein.
And in consideration of the mutual covenants and agreements contained herein, the parties hereto
agree as follows:
The Owner hereby leases the horse to the Lessee for a period of time terminating on
________________________________, 2________.
The Lessee shall pay the Owner the sum of ____ dollars for the term of the lease.
The Lessee shall be responsible for handling the horse in an orderly fashion of maintaining good
health.
The Lessee is responsible for paying all routine veterinary care, board and other expenses until the
termination of the lease.
The horse shall not be moved from the Lessee’s premises or location where the horse is being kept
unless the Owner is notified and given 30 days’ notice of such a move.
The value of the horse is established at __________________________ Dollars ($_______). If full
mortality insured, the horse shall be insured for said amount.
In the event of the horse requiring major veterinary care, the Lessee shall contact the Owner advising
the Owner of the extent of the situation and cost sharing will be determined at that time. Under no
conditions will the Owner be responsible for more than half the cost of such care.
The Lessee agrees to use the horse for riding purposes and not to have the horse bred.
The Lessee agrees to deliver the horse to the Owner’s residence at the termination of the lease. Late
return of said horse may result in financial penalties.
The Owner agrees to give the Lessee the first option to purchase the horse for the declared value of
up to the termination of the lease.
The Lessee has the option to purchase the horse at any time during the lease for the stated value of
$___________.
Upon receipt of $___________, the Owner shall transfer the registration papers in to the Lessee’s
name.
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Alberta Standard Riding Lease Agreement Form