Defined start and end dates, usually spanning a few months to a year. Financial Structure: Lease Fee: Recurring payments for the use of the horse.

The agreement must specify who manages and pays for daily needs: Feeding, grooming, and standard exercise.

Restrictions on jump height, competition frequency, and who may ride the horse (e.g., only the lessee or specified trainers).

Regular farrier work, dental care, and vaccinations.

A comprehensive agreement must clearly define the transition from lessee to owner.