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Where the stables also house a riding school or hireling operation, some operators may also offer a "working livery" (UK) or "partial lease" (US), where the horse owner pays a discounted rate (or no money at all) for their own horse's care in return for the riding school being able to offer the horse to paying customers other than the owner.
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
By watching the horse perform a variety of movements on different surfaces, the veterinarian is able to evaluate the horse's general soundness. Riding the horse is sometimes incorporated into the exam, depending on the intended use of the horse. The veterinarian can also ask the horse to move in straight lines and circles to reveal any blemishes.
Texas, California and Florida had the most horses, but the study also found a horse population of at least 20,000 animals in each of 45 of the 50 states. [7] Though other states have higher horse populations and more farms, the Equine industry in Kentucky led the nation in 2009 for total sales and the highest market value of "equine products." [4]
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Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property. Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given time. As a lease is a legal estate, leasehold estate can be bought and sold on the open market.
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