Farm and Ranch Leases: Legal Issues and Negotiation Strategies

• Overview
• Credits

Learn about the key issues impacting farm and ranch leases.

This topic will allow you to discuss the current, on-the-ground issues affecting owners and lessees of agricultural real estate, draft clauses that clearly state the rights and obligations of the parties, and advise lessors and lessees as to risk and liability issues, indemnity provisions, default and cure provisions, rent calculation formulas, and how they might preserve the economic value of a leased farm/ranch.

Identify risks to which landowners may be exposed when leasing to farm operators, cattle grazing operations, and hunting and recreational users. You will also be able to identify where insurance and other risk management tools may be used. Look at the economics of a lease that provides income to investors, retiring owners, and absentee owners. You also will be able to review and advise clients who are farm operators (prospective lessees) who are considering leases as a means of managing, and living off income producing farms and ranches, considering cattle raising operations on leased land, hunting and recreational users who want safe and successful hunting activities.

Authors

James D. Eggleston Jr., Eggleston King, LLP

Self Study Credit - Audio & Reference Manual

Sponsored by Lorman Education

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