Happy Friday! Last week, I stumbled across Rusty Rumley’s powerpoint presentation on “Agricultural Contracts and the Leasing of Land.” Rusty does a great job giving an overview of the building blocks. He’s a great teacher — he was one of my instructors in this agriculture law course last year— and I suggest looking at his presentation along with other useful …
Farm Lease Considerations
Even though a landowner might be leasing his or her farm to family members, neighbors, or friends, it is highly suggested that the terms of the lease be memorialized in writing. This is particularly important since oral contracts involving a tenancy in land are not enforceable. There are several issues that should be discussed between the landowner and tenant. In …