Leasing expectations? (x-post r/equestrian)
Hi all! I'm planning on leasing my horse out this summer but need advice on reasonable leasing expectations.
A bit of background: Horse is fairly well built, good mover, decent training. No serious medical or behavioral issues. Good show record - regional AQHA winnings, world champion in a lesser breed association (vague for privacy's sake). Has not shown or been in training for past 4 years, but has been ridden fairly regularly and could easily be show ready after a month of consistent training.
Situation: I am a vet student and planning to spend my summer doing a number of externships across the country. As such, I will not be able to take care of Horse. I spoke with my trainer a few months ago about if she'd be willing to take him for the summer and she is. While I haven't worked with this trainer for the past 4 years due to being in another town for school, she is the one I showed with and I trust her 100%. I was her first student, so our relationship has always been a friendship first and a trainer-student relationship second. I know that she understands how much Horse means to me and will treat him accordingly, and that she will be fair with me financially.
She and I have only talked about this briefly, but my impression is that I have one of two options. A) Horse goes and lives with her for the summer, working as a lesson horse. B) Horse goes and lives with her by the end of March, she pairs him with one of her students and they show for the season and I can have him back when they're done.
Emotionally, I would prefer option A. Obviously I like having my horse around, and don't want to be away from him any more than I have to. However, I am a broke vet student and the financial aspect does play a role in this.
My question is: what are reasonable financial expectations for both options A & B? If A, I'm thinking a free lease to her. He works for her; I don't pay board, feed or farrier. If B, where I have to give him up for an extra 3-6 months, I'd be much more motivated if there was a small leasing compensation.
I've been out of the training/showing side of the industry for nearly 5 years now, so I'm not sure what reasonable expectations are. I do plan to research and format an appropriate legal contract for either situation.
Obviously I trust her, but having reasonable expectations will give me a good starting point for any negotiations. I would appreciate any advice on not only the financial side of this situation, but any other aspect. Thanks so much for the read and any advice!
Submitted March 03, 2017 at 07:10PM by miosgoldenchance
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