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| | #1 |
| Senior Member | Want to Lease a mare for breeding..... need help
I am looking to lease my friends mare to breed to Tonka. Well she dont have a problem with it at all. But my question is this.... I will be using her mare, to breed to my stud. I told her I would buy the foal outright, and will even bring her to my house (through next winter) and feed/care/vet and all that till mare foals and then weans baby. (1.) How would you set this up in a contract? (2.) How do you decide a price? (3.) Are we forgeting anything?? Here is a pic of the mare, she is a Buckskin, with a dorsel stripe?? Mustang_dodger started a thread about that, since she IS REGISTERED as a Buckskin with APHA. |
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| | #3 |
| Senior Member+ |
My experience with leasing is there is PLENTY of quality mares available for FREE Lease. That would mean you get the mare for designated amount of time for Free but you still have to care for her at your cost then at the end you have your foal and the mare goes back? To me if my friend was offering me to lease her mare I would not charge you anything as long as she was cared for properly. Does that make sense? Then I would put this in writing and be done with it... Personally unless the mare is a World Chamion or has astounding bloodlines or something that special you could do alot better finding a different mare. Good Luck and Tonka is looking great!
__________________ Jamie I'll never forget you WA-Whimsey, Cody, Nici, FF Anteiaa, and my beloved Pete. Unttouchable, Kararose, Karizmuh, Muscaskaia, Trick, Rebel, Romance the Stone, Ace, Dixie, Poppy, Stryke, Cassie, Tab, Penny, Anteiaa's Legacy. |
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| | #4 |
| Senior Member+ |
I am a bit confused as well...you shouldnt have to buy the foal, or is your friend leasing the mare, or what?? Confused. This is what I think: If you are leasing the mare, you take her as your own. You pay for all vet fees, feed, everything until the foal is weaned and the mare can go home. You should decide what will happen if she dies, for whatever reason. Have a set price in the contract that you will have to pay if she dies, or agree that you will not be at fault and it is a risk she will have to take when she leases that mare to you. Make sure you write down everything, even if you are friends. You have more to loose in a deal with a friend than you do with a stranger.
__________________ When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left, and could say, "I used everything you gave me." -Erma Bombeck " |
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| | #5 |
| Senior Member+ |
Those that lease mares that I know, don't "buy" the foal. They pay to lease the mare herself. The person pays ALL feed, vet care, etc from the time the mare is taken in at lease. The person also physically takes care of the mare or sends her to a breeding farm and pays them to care for the mare during the pregnancy. There is a stipulation that if the mare dies, X amount shall be paid to the owner IN WRITING. If no foal is produced, or the mare comes up open, the contract ends at that point, and the mare returned to the owner. A THROUGH vet check and ALL ailments need to be written down, and any "problems" not associated with breeding and overall care (chronic problems from before) show up, that the leasee is not responsible. Colic and other "normal" diseases are under the leasee though. In the end, after the foal is weaned, the mare will be returned (or new contract drawn up for re-breeding). And another VET CHECK done at the time the mare is turned over. Basically, what my friend has done, the mare is trailered to the vet, vet does what he needs to do, my friend picks up the mare FROM The vet and takes over at that point. Then, my friend returns the mare TO the vet, and the owner picks up FROM the vet, ending the contract at that moment of possession. And it also is in writing. EVERYTHING you can think of, needs to go into writing. If you can find a lawyer who is knowledgeable in Equine law, I highly suggest paying for them to draw you up a contract and help you get things set up properly.
__________________ Can I have a midlife crisis now? |
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| | #6 |
| Senior Member+ |
Kriss....technically, the horse IS a dun. Just the papers were not done up properly. If the owner can prove it is the same horse, she can have that noted on the papers.
__________________ Can I have a midlife crisis now? |
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| | #7 |
| Senior Member+ |
we are currently trying to lease our mare, and the deal that we have figured is that the person who would lease her from us, wouldn't have to pay us, they would breed her to their stallion, take care of her, all fees, food, vet, etc,(that would be considered payment, them taking care of her/pay for expenses) and we would get a baby every other year. Or they would lease her, breed her, take the resulting baby, and return her to us re-bred.
__________________ 2008 ABRA National Reserve High-Point Amateur ? Got Dun Factor ? |
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