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Leasing a Racehorse

The following conditions apply to the leasing of racehorses:

  • Up to ten individuals or a combination of individuals and registered syndicates may race a horse under Lease


  • A Lease Agreement should be obtained from the Principal Racing Authority in the State in which the horse is to race


  • The Agreement should be completed by the parties concerned, checked carefully before signing and any alterations or additions must be initialed by all parties


  • The Agreement should be lodged with Principal Racing Authority together with the relevant fee. The Principal Racing Authority should be contacted regarding the current fee


  • When the Lease is recorded a Lease Endorsement Certificate will be returned to the Manager or a nominated person


  • The Trainer should lodge a Stable Return in the names of the Lessees


  • A Lease may be taken out for a period of time from one day to an agreed number of years. It is for racing purposes only

Cancellation of a Lease

In order to cancel a current lease, ALL lessees must sign a Cancellation of a Lease Form, specifying the date the Lease is to be cancelled.

Click on the links below to get a lease form or lease cancellation form from your Principal Racing Authority.

 

 
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