Land Lease Agreement
Leasing agricultural land is a profitable option for all the parties involved.
For the farmer or "tenant", it gives you access to land for the expansion of your enterprises without the need to incur large capital costs.
For the Landholder or "Lessor", it means you are able to generate a steady income from the land, over the term of the lease, without having to work it yourself.
It's important to put the leasing arrangement in writing so that both parties understand their obligations. This should be done before the tenant takes possession of the land.
This agricultural lease allows the tenant (farmer) to have exclusive possession of the land for the term of the lease
Leasing agricultural land is a mutually beneficial arrangement for the farmer or Tenant and landholder or Lessor
It includes a strict code of conduct that imposes a duty of care on the farmer (tenant) to preserve the land being farmed. The obligation to conserve the resource by not overgrazing, introducing disease, or depleting the soil rests firmly at the feet of the farmer, protecting the long term viability of the agricultural assets.
The agreement also covers:-
- Identification of the parties
- The term, including options if available
- The rent amount, how and when it will be paid
- Rent review process
- The landowner's obligations – especially for rates, GST, stamp duty, insurance
- The tenant's obligations – especially relating to property care and maintenance
- Dispute resolution process
- A process for the ongoing management of the lease agreement
- Special conditions, if any, that relate to the particular land in question e.g. the maximum number of stock to be run or the maximum area to be cropped, etc
Land Lease Available for all states except ACT
Click on the list below or choose your state on the map to buy the correct agreement.
The sample Agreement Table of Contents shows you all the terms included in the agreement.
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