Since the owner of the land is the owner, he will probably prepare the contract on terms that are more advantageous to himself. A tenant should review the contract offered by the landowner and negotiate as many protections as possible. Examples of tenant protection clauses would be a clause indicating what happens if the owner cannot deliver the equine installation at the promised time or what will happen if the facility is damaged or destroyed by a fire or natural disaster. The contract should recite what insurance the owner of the stable has for horses, tack and possible liability to third parties. Start with information that identifies the parties to the lease, the equine installation and the length of the lease. Include a deposit and monthly rent as well as penalties for delayed or denied payments. Insurance is an important part of a full lease for equine installations. The contract should determine what insurance each party should maintain. The contract should take into account the utility company in the barn and who pays the bills. Since dogs and horses can be a volatile combination, it is advisable to indicate which breeds of dogs are allowed on the site, if at all. Other things to think about are changes to the installation, manure management and panels. The owner should consider including clauses to protect himself and his business from liability.
It is customary for the tenant to assume the risk of loss or injury to himself, his guests, horses and personal property. The tenant should acknowledge his inspection of the property and that he has found it safe and sufficient for the horses. The rental agreement must contain indications, for example.B. if the tenant can reside on the site, all horses remain informed and the tenant grants the owner a pawn on the horses to ensure payment of the rent. Finally, you should consider including a clause in the contract that requires the tenant`s clients to take out a liability authorization. All but four states, California, Maryland, Nevada and New York, now have horse liability laws. These laws generally protect a horse facility and its staff from liability for injuries sustained in the normal handling of horses. Most state laws require a barn stamp to inform a participant in the horse that he or she is managing the risk of injury by participating in equine activities. A full lease for an equine installation is a legally binding contract that offers protection and insurance to the barn owner and tenant and is useful when a horse owner or instructor wishes to rent a set of horses.
Experts recommend in writing leases for equine facilities and related activities such as boarding, riding and training and cover contingencies. Terry White has more than 30 years of experience as a news writer, news producer, text editor and supervisor for CNN. Knowing in topics such as government, politics, immigration, economics, economics, education, energy, crime, law, IT, health, science and more, White earned a law degree from Georgia State University.