If you need more information on leasing, call the ROA on 01183 385680. It should be noted that this agreement is provided as a model and can be adapted to the specific requirements of the tenant/owner. How do I register a lease? If you want to rent a racehorse, you must first become a registered owner, either as a sole owner or in partnership or in a union. Here you will find the various options for registering the owners. Once you have registered as an owner, you must register the lease with the L1 form with Weatherbys. A registration fee of $53.80 is charged, plus an additional $27.20 per year to renew the lease (if applicable). The costs incurred by the horse will be your responsibility for the rental time and, at the end of the lease, the ownership of the horse rests with the legal owner. How do I find a horse to do it? Trainers often have horses available to rent for a certain period of time or you can point to an owner/breeder with a suitable horse. You can find a coach via the NTF`s online directory or the BHA interactive map.
It is important to reach an agreement between the lessor and the taker on the duration of the lease, if necessary the allocation of the price and, if necessary, the exceptional costs that may remain with the lessor during the period. Below is a template agreement and instructions that cover several points to consider when completing your contract. The award of the owner of the contract and the lease Form W-9 Leasing involves the ownership of a racehorse for a certain period of time, which means that you could experience the thrill and joy of a horse running in your name and in your colours and benefit from full “behind the scenes” participation without the necessary upfront expenses associated with the purchase of a racehorse. Other areas that can be considered include HUD Housing Assistance Payments Contract HUD Tenancy Addendum BHA Model Lease Direct Deposit and W-9 Rent Increase Request Rent Increase Request for 4 or more units in one building Request for Tenancy Approval Package (RFTA) Owner Agent Data Form.