MarketplaceFarm Lease Agreement How costs of renting my horse should I apply to a purchase option? I'm riding my lease (off-farm) under a one-year agreement. The tenant has asked if we can negotiate a percentage of the lease to be applied if they decide to purchase the horse, but at some point. The tenant is to pay all costs or council. The only thing I support is mortality and major medical insurance. Really it should have been asked before your horse is gone because now if you work on a percentage of your property to lose one. I'll give you an example, I praise my son for $ 100 per month and I paid for my insurance. When he went on a lease-option I leased at $ 125 per month with purchase option is available only for 12 months and the percent of rent was 20% purchase final. The price was fixed purchace before going on the lease with this option if at the end of 12 months, I put 300 on the final sale price. It depends on the individual as to how much if everything is all on the selling price. One of my friends rent a horse with an option to purchase, but you pay the full rental and if you want to buy the horse you pay full sales price and not delivery to all. It depends on what you want. Posted on August 19, 2010.
CommentsThere are no comments.Leave a Comment | Recent Articles Network |