AGRI LEGAL can provide assistance with rural leases and share farming agreements. It is important to seek legal advice from an experienced lawyer before entering a lease or share farming agreement, parties need to understand what has been agreed to and have their interests protected.
Leasing can provide a steady income to the landowner from land they no longer wish to farm, and offers greater scale for the lessee without the capital cost/debt of purchasing land.
Before you enter into any agreement you should consider the term of the lease, the cost, each parties’ responsibilities, restrictions on the property and what should happen in the case of a default or dispute.
Share farming provides opportunity for land expansion, but with a different risk profile depending on the agreed share farming arrangement. By definition, share farming means that both the share farmer and the land owner share in the risks of farming.
As with leasing land, a formal share farming agreement is recommended to manage the operations of the share farming. An essential element of share farming agreements is the detail of responsibilities for management and costs.
AGRI LEGAL can assist you with:
- Drafting and reviewing leases and sharefarming agreements
- Negotiation for the terms of the lease or sharefarming agreements
Contact us to find out more or to arrange an appointment.
AGRI LEGAL provides legal services in conveyancing, succession and estate planning, leases and share farming agreements. We have a passion for Water Law and Rural Conveyancing.