Offering a horse for lease can be a good option for an owner who is unable to ride or care for their horse due to physical, time, or financial constraints but still wishes to maintain ownership. A lease can be an alternative to selling the horse, a way to cut maintenance costs, or an avenue to ensure the horse remains in work. While some verbal contracts are considered binding in Maryland, getting the agreement in writing is a good idea. An equine lease can take many forms, depending on how the lease agreement is constructed. Consider the following items when preparing or reviewing a written lease agreement.
|Organization||University of Maryland Extension|
|Publisher||University of Maryland|
|Material Type||Written Material|