Opinions on this loan situation.

Discussion in 'Horse Chat' started by NathanAndrews, Aug 9, 2017.

  1. bellalou

    bellalou Senior Member

    Joined:
    Dec 27, 2014
    Messages:
    6,443
    Likes Received:
    19,673
    Not sure what the issue is. If I lease out my horse and the leaser doesn't follow the covenants of the lease, they've broken the contract and I'm ending the lease. Sounds like the person who arranged it gave several chances to this kid and it didn't work out. So why are you in the middle? You're not.
     
    D_BaldStockings and Arem like this.
  2. slc

    slc Senior Member

    Joined:
    Feb 19, 2004
    Messages:
    19,820
    Likes Received:
    11,993
    I'm going to give you a piece of advice. Don't allow horses to be 'sublet'. It is just too rare that this works out. If you sell a horse, sell it outright, cash on the barrel-head, and walk away.

    Don't go for these multi-layered arrangements, they always involve 'diminishing levels of competence'. And they always wind up backfiring on you, who sells horses.

    Keep it simple. This sort of thing just never works out, and it's always the horse that suffers.

    Whip light, drive slow, pay cash as you go, as the old saying goes.
     

Share This Page