I make no secret on this blog that I believe farmers and ranchers should make sure to get contracts in writing, including farm or ranch leases. I want to stress that this is just as important for a family farm where the Landlord and Tenant may be family members. Even if the Landlord and Tenant are different entities (with the …
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 …