I am a huge supporter of farms and ranches generating additional income through agritourism — not only does this help generate additional monies for an agriculture operation but it can serve as a way to help bridge the gap of understanding between city folks and producers. However, as Craig Raysor (a.ka. @AgriLawyer) from Gillon & Associates, PLLC points out in …
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 …