I think
@Boot Jack Bulls here leases bulls out and might be able to add her perspective.
Thanks for the shout-out Simme! I have owned and operated a lease program for over 10 years now. I specialize in Limi, Angus and Lim-flex. My bulls must pass a high set of standards every day, or they are gone. I aim for stock with excellent phenotype, high growth and docility, balanced numbers and good pedigrees. Big time bonus if they have a show record.
I have a strong contract (built by a lawyer) that protects both parties. Clients must maintain condition of animal, may not move him to another location, and must maintain adequate insurance. I make sure every bull offered is tested, vaccinated and performance tracked. I do all the hauling and handling. If anything goes wrong, I expect a phone call the minute it is noted and I will handle the rest. Clients also realize I may show up at any time to check on the well-being of my bull. If the bull dies, they are contracted to pay a set value (usually what it would cost to replace him, anywhere from $2500 to $10K). Contract also specifies max number of head bull can be used on and has a set drop-off and pick-up date, failure to adhere means money owed by client. I do a minimum of 60 day leases, this is to help ensure both parties get the benefit of a settled herd. Having said all of that, most of my clients are now like family and the way I run our program has benefited us both. They get to use a top of the line animal and don't have to worry about any of the fuss that comes with having a bull the other 10 months of the year. They pay accordingly, nothing leaves my place for the prices mentioned above....
