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Leasing

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Leasing involves ownership of a racehorse for a set period of time. Costs that the horse incurs become the responsibility of the lessee for the lease period and in return the horse will run under the ownership of the lessee. At the end of the lease agreement the ownership of the horse returns to the lessor/the legal owner.

It is important that an agreement is made between the lessor and lessee with regard to the lease period, prize money split, if any, and any exceptional costs that may remain the lessor’s during the period. Below are some points to consider when drawing up the lease agreement:

  Leasing Bullet Points

  Guide to Leasing

  Mares' Leasing Agreement

 

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