Check out the Category “Land Opportunities” to see posts on rental and sale opportunities!
In the Rutland Region, there are lots of new farmers looking for land to start their fledgling agricultural businesses on, AND there are lots of landowners interested in renting their land to new farmers. On this page, we will host opportunities that we come across for farmers to access farmland through rental, sale or other creative relationships.
Locating your farm business is an incredibly important decision that will shape the development of your farm and your life. In the Rutland Region, you can find very good farmland, but it can be difficult to access. Most of the fertile, well-drained, best located soils are actively being farmed. Depending on where you are looking in the region, good agricultural soils are still priced very high when they are put up for sale.
Renting can offer you an opportunity to farm without owning land. Some farmers prefer renting because of the flexibility it allows and the decreased carrying costs of the land that they incur. Especially when you are starting out, it is difficult to know exactly what you need to successfully implement your business vision. What types of soils are ideal for the crops you plan to grow? How much acreage do you really need? What markets do you plan on accessing and how convenient is your farm location in relation to them? Renting up front allows you to answer these questions from your own experiences operating your farm, and will help guide you in the future if you do decide to purchase land to farm on. Because renting is almost always much cheaper than purchasing property, you can direct more of the farm’s profits back into its operation.
If you are thinking about renting farmland, work through this Online Leasing Tutorial offered by Land For Good.
Here are sample lease agreements you can start with (make sure you receive legal guidance to make sure your lease works for your individual situation).
These handouts will also help ensure you craft a lease agreement that works for you and the landowner.
The agreement between landlord and tenant is very very vital. Since Farmland Tenure and Leasing generally deals for longer period it has to clearly made in black and white.
http://www.agreements.org
Posted by Jaylen Watkins | December 12, 2011, 2:24 am