is this normal?
Well sometimes horses are going to stay in the barn and leased indefinitely, perhaps an older horse stepping down or who knows. Some are sale horses that leased in the meantime to offset costs if trainer owned. I would surely have a conversation just to clear the air, but I would not expect a sale horse to become a lease only horse. If you wanted something for a long-term half lease I would tell her that you would prefer that situation and see what she has available. It’s not unreasonable to want to lease a horse long term, or say at least 3 months.
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Yes, its not unusual, particularly in a lessons/sales barn. It isn’t even so unusual with a high dollar horse on a seasonal lease, only that horse would generally have an available for sale after x date or event.
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Not unusual and should be covered in your lease contract. I’m guessing the other individual has a contract that states the horse will not be sold during the ___ month lease (or year lease or whatever the term is).
there is a girl from my barn who also leases and her horse is for sale, but is not avaliable to be sold, because she leases.
A half lease and full lease can have different stipulations.
would it be rude of me to ask for her to list the horse as leased instead of sold? please keep in mind that she is pushing very hard to get her horses sold and sold 4 this week.
If you are riding at a sale barn then the goal is to get horses sold. Do you mean list them as “leased” instead of “for sale”? I’ve seen some horses listed as “currently leased until sold”… but unless you are paying full bills for this horse, own them, or have a contract that says otherwise then not your say on how the horse is listed. If this is a concern you can bring it up, but don’t expect things to change for this particular horse. Talk to your trainer about what you are looking for and be prepared to spend the $ on a full lease as trainer may tell you that would change their mind on whether the horse will be sold or not.
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If you are leasing month to month, then I would expect the horse could be sold or lease otherwise ended by either party at any time.
If you were doing a year long lease with the fee paid up front and covering all expenses then the horse probably can’t be taken away from you until the lease ends ( though could possibly be sold to someone willing to honor the lease).
But if you are in typical lesson or sales barn where you pay a couple hundred dollars a month to ride 2 or 3 times a week, and you know going in that this is a sales horse, well that’s the deal. You don’t have ownership rights, essentially you are just paying for a couple practise rides a week.
You get what you pay for.
On the bright side, a sales barn will have lots of new interesting horses coming through.
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One of the advantages of owning versus leasing is you get to control when the horse is sold. Half leasing does not give you any rights to dictate those things (unless you have a very strange half lease and it says otherwise in your contract).
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It’s up to the owner of the horse to decide what they want and need, Their decision, As mentioned, if you do a full year lease and cover all of the horses expenses, generally it won’t be sold out from under you. But if you are doing a part lease running month to month and pay a fee or split of the expenses, the horse is often marketed as a sale horse. Month to month lease sort of expires every month and owner may or may not continue it each month.
Its hard to know other people’s financial arrangements and lease terms unless you saw that individual contract…they are all different depending on price and length of the lease.
As other have said, sale horses can be leased while they are on the market. The termination of a lease due to a sale should be addressed in in the lease agreement. The termination of a lease contract is the most important part of the agreement since you need to deal with all types of scenarios – the horse dies, the horse goes permanently lame, the horse goes temporarily lame, the horse is sold… We all like to enter contracts with the idea that everything is going to be perfect, but life happens. Termination is always an afterthought. It should be the primary thought when drawing up the agreement.
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Very common/normal.
Yes normal, and the lease arrangement would normal or should reflect that. IME these are usually in-barn full or half leases with the leases being more on a month-to-month.
Ive leased a few horses that were for sale. I paid expenses and got to compete them and when they sold, they sold. One owner gave me a small percent which was agreed upon when I took the lease. I got to ride and compete horses that I couldn’t afford otherwise.
