Agreement first step to long lease success

Solicitor Karen Walsh says leasing land long-term leasing can be rewarding.

I met James last week in the office. He is a retired farmer, and is thinking of letting his land. After some discussion about his circumstances and his personal and family’s goals for the future, I advised James that he could consider letting his lands for a short period, and if it goes well, he could consider leasing it for a longer term thereafter.

If you are retired from actively farming your lands, recently inherited farmland or invested in farmland, and do not intend to farm it yourself, you may wish to let your lands.