Horse Leasing or syndication
Want to be able to ride more, but cannot afford horse ownership?
LEASING
Horses can be fully leased, half lease, or day lease. Only available to people in some kind of lesson or training program with Peppercorn Ranch.
FULL LEASE: Use of horse every day. $800 / month (special needs may cost more)
HALF LEASE: Use of horse three days a week: $400 / month (special needs may cost more)
DAY LEASE (for competition etc.): $100 (special needs may cost more)
No use of horse fees are incurred for lessons when riding a leased horse.
Clients with leases are expected to share the mount with other clients and lessons so communication for scheduling is important.
A person leasing a horse can be liable for damage or injuries the horse may cause. Liability insurance is available through the United States Equestrian Federation. Join as a Subscribing Member ($25 / year) and purchase ownership insurance ($25/year).
SYNDICATION
Purchasing shares in a horse syndicate is a great way to be an owner with lower costs. Two or more people agree to purchase shares in a horse. Maintenance expenses are split among the owners each month based on the number of shares they own. The owners work out an agreement for use of the horse by each owner. Schedules can be modified to meet the most current availability for each person.
This a great way to fit horses into diverse schedules. Some people may be out of the area for extended periods and syndication can make sure the animal has regular exercise without paying to have it done. It can provide animals for competitions, clinics, and other activities.
Shares can be sold when no longer wanted. Owners do need to keep up maintenance payments until her shares are sold.
Liability insurance for injuries or damage the horse may cause can be purchased through the United States Equestrian Federation. Join as a Subscribing Member ($25 / year) and purchase ownership insurance ($25/year).
Insurance may be available for loss of use, major medical, and mortality through specialty insurance companies, but is expensive unless the animal is highly valued.