Avoiding Misunderstandings with a Lease Agreement
5 October 2012
The leasing of farmland has become increasingly popular over the last few years. There are numerous benefits to a landowner, however there can also be problems if the terms and conditions of the lease are not made clear prior to commencement of the Lease. To minimise possible problems it is important to have an effective agreement between both the Landowner as “Lessor” and the Lessee.
This agreement needs to set out the terms and conditions of the Lease, so as to avoid any misunderstandings or uncertainty between both parties.