Lease w/purchase option

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nootka

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Hi,

I have some questions about a lease w/purchase option. What would you recommend that is mentioned in the contract? Also curious to see samples of your own contracts, if possible.

Anyone who wants to email me a copy of their contract, I'd appreciate it:

[email protected]

Liz M.
 
there are standard forms you can purchase which cover everything.

re: option to buy the ones I have used give an option to buy within a certain time period (give dates) and the agreed amount the leasee can purchase the horse for.

Do a google search you will get tonnes of results. - Lots of examples
 
[SIZE=14pt]I have done it a few times. For example, With Uno we have built into the lease contract that if at the end of the Lease Linda decides to sell him we have first option at a set price that was set at the time of lease inception. Durring the lease I am responsible for maintaining insurance for that amount, all his vet, farrier and show bills etc.[/SIZE]

Other times I paid a lease fee that was applied to the purchase price later all the other above items still the same.

Lyn
 
Thanks for the ideas, I need to go look and see what's out there.

smile.gif


Liz M.
 

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