Equestrian yard lease: stables and other facilities
A standard business lease with additions relevant to the
letting an equestrian establishment. If the letting is for a
substantially agricultural use, not equestrian except a stud
farm, use a farm business tenancy agreement. If you are not
sure whether the tenant will or will not carry on an
equestrian business, use this document
About this document
Any licence is outside of the statutory landlord and tenant framework. There is no interest granted in the land, only ‘permission’ to be there for a short time. It is important that the agreement reflects the name. You cannot just call an agreement a “licence” for it to be one. The effect of a licence is that:
• The tenant has no security
• The landlord has to give no notice (or the limited notice set out in the agreement
But there are some important matters you should research and consider. You should go in “with your eyes open” as to the damage to the surface of the land which can be inflicted by over use (such as jumping) and by wet weather. Since it is easier to obtain money from a licensee than to compel performance of covenants to spray or mend gates, we recommend that as many as possible of the maintenance tasks should be undertaken by the Licensor and covered in the global figure for the licence fee.
It is difficult to provide our usual full list of paragraph provisions as these documents differ so much from each other. Their essential common character is that they contain provisions for the protection of the land in ways not necessary in a lease of a shop or office building.
Application
and features
Flexible - alternative editable paragraphs to suit your needs
Comprehensive – simply delete what is not required in your case
Suitable for many agricultural uses
Written in plain English
Explanatory notes included
Contents
Payments
Interest and further payments
Tenant’s use and covenants
Agricultural restrictions on tenant
Landlord access
Responsibilities for condition, repair and maintenance
Transfer and subletting
Provision for premature termination
Rent review
Quiet enjoyment
Forfeiture
Word
Count (approximate):
Document: 3500
words
Explanatory notes:
2020
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
