[QUOTE=french fry;7909390]
This is not necessarily true at all. Many half leases include a ton of responsibility - vet, farrier, insurance, body clipping, tack/equipment, commitment to X rides per week or else paying for training rides, etc. It’s not always just pay a flat fee per month and ride or not ride to your heart’s desire.
I do not think that half leasing = owning half the horse. I don’t think the poster meant it literally.
A half lease can be anything from “clean his stall daily and ride all you want, no contract” to a very specific contract that includes a lot of clauses like 90 day’s notice required for termination, etc.[/QUOTE]
I don’t mean that sort of responsibility. If the horse has a career ending injury, the leaser can go find another horse to lease. They don’t have to budget for and make plans around retirement, they are not ultimately responsible for the horses welfare and they are not the ones to make the call for colic surgery or euthanasia.
That is a huge reason why people lease - less expense and ultimately less risk. It makes a lot of sense to lease if you know you won’t be able to afford to keep a lame horse and one you can ride and you know that big vet bills aren’t in your budget, then leasing makes a lot of sense. You can enjoy the perks of horse ownership without having to have the funds to own a horse.