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Discussion on I would like advice on leasing my 2 year old stallion | |
Author | Message |
Member: Morg1 |
Posted on Friday, Sep 23, 2005 - 8:11 am: I have a 2 year old Morgan stallion for sale, and I have someone interested in leasing him for possibly 2 years, with the option to buy him after the lease is up. While she has him, she will train him to drive and take him to at least 2 shows. She will also be breeding him to mares the 2006-07 breeding seasons (we have not discussed how many mares). Do I still need to expect a fee from her using him? If I still had him I was going to send him to a trainer this winter and stand him at stud this spring. I know that she will be saving me money by training him, but now I will have to pay for outside breedings on at least one of my mares. I know I can retain breedings while she is leasing him, but I don't want to haul a mare to him (he will be standing in Oklahoma), and I don't want to use AI (I tried that this year, and don't want to try again for awhile). I know that I need to do more research about this person to see if she would be a good match for my stallion, and find out how good of a trainer she is. Does anyone have any thoughts or opinions on this matter? Any ideas would be greatly appreciated.Thanks, Karen |
Member: Dres |
Posted on Friday, Sep 23, 2005 - 10:26 am: Karen I have heard of leases gone very wrong... so make sure you have a strong contract with all the t's crossed and i's dotted... Keep a watchful eye on him as well as often as you can.. .. I have seen leased mares come back in horrid conditions..skinny, bad hoofs ,.rain rot ... also is this person going to turn a profit by offering outside breeding to YOUR stallion , or she only using her herd..? Get it all in writing.... any references..?? be very careful in this .. there IS NO FREE RIDE...On the first day God created horses, on the second day he painted them with SPOTS.. |
Member: Mrose |
Posted on Friday, Sep 23, 2005 - 11:03 am: I would be VERY careful about leasing a horse to anyone; I'd be even more careful about leasing a stallion. Infact, I wouldn't lease a stallion to someone I didn't know a lot about, or know personally. And, I would be very.very careful about who trained my stallion. A lot of people are good with mares and geldings, but don't have the right personality or skills to work with a stallion.I'd want to make sure it was someone who had lots of experience with breeding,stallion handling, training, etc. I'd want to know this persons record and experience either personally or on the reccomendation of someone that I knew and whose ideas and ideals I agreed with. If the stallion is handled wrong, it could ruin him for the rest of his breeding life, or at best, make it difficult to retrain him to breed "like a gentleman." The monitary end of things would depend on your stallions stud fees, how well he's known, etc. Personally, I'd want to be able to breed "x" number of my own mares per year for free except for handling/shipping fees. And, I'd want a percentage of the stud fees collected. After all, she's getting to breed her mares; these are mares you could presumabley collect a stud fee for. If this is a stallion you want promoted, or that is currently well known, I'd want to specify that a certain amount of advertising and promotion would be done for him. If this is an unknown, young stallion, why wouldn't you just agree to breed some of ths person's mares for free or a reduced rate to get some of his foals on the ground? I'd do this with the understanding that this person will show the foals. |
Member: Morg1 |
Posted on Friday, Sep 23, 2005 - 5:42 pm: Thanks for giving me ideas. I have thought about most of these things, but you both have given me plenty to think about. I have thought about making sure that the person sends me current photos of him every month, or so, to see that he's being properly cared for. I know the person stands 2 stallions right now, but I'm not sure how they handle them. It is important that they not allow him to have bad manners while breeding or during any kind of handling for that matter. I'm currently asking around to see if people I know can tell me anything about this person. I will also get a list of references from the person, so that I can talk to people who have purchased trained horses from them.I don't know exactly what I want to do yet, but I will be very careful before I enter into this lease. I'd really rather keep him than lease him anyway, so some money will have to change hands before he leaves my place, whether he's leased or sold. |
Member: Dres |
Posted on Friday, Sep 23, 2005 - 5:57 pm: oh another thing.. insurance on him... this can be expensive and hard to come by if he is home bred and never been sold and no show record...Pictures are not good enough .. you need to see him yourself or have a ''close'' friend that you trust to look him over monthly... as Sara pointed out there is so much more to this then letting him out of your site.. a stallion is a whole nother ball of wax.. .. i discouage the ides unless the horse is close enough for you to see OFTEN and to observe... On the first day God created horses, on the second day he painted them with SPOTS.. |
Member: Morg1 |
Posted on Friday, Sep 23, 2005 - 6:36 pm: I already have insurance on him, but I may have her insure him for loss of use naming me as the beneficiary. I only have mortality on him at the moment. I understand that pictures aren't always good enough. For one, they don't show how they treat him. He may look good, but they might be mistreating him. I may give unannounced visits to the farm. Trust me, if I don't feel 100% confident about this person I won't enter into a lease agreement. |
Member: Mrose |
Posted on Sunday, Sep 25, 2005 - 5:38 pm: I would definitely have her pay for loss of use insurance. I'd also have either surgery/colic insurance, or at the least have some wording in the contract regarding whose to make medical decisions on any needed medical treatment so you know if he is ill or gets injured, you will be the one making the decisions re: his treatment. |
Member: Morg1 |
Posted on Monday, Sep 26, 2005 - 5:55 pm: Thanks for your advice. I have decided not to lease him. If they want him, they can buy him. Thanks again. Karen |