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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
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<blockquote data-quote="AJ123" data-source="post: 7322348" data-attributes="member: 149107"><p>I’d be very careful entering a 40 page lease without full hand holding by a solicitor (and I’m a surveyor who reads leases daily so like to think I understand them) Your time is best spent really carefully thinking about your heads of terms, I would get a land agent to help you think about what needs to be considered. Such as : </p><p>what your going to do when bps goes- what if tenant wants to go into long term natural capital agreement/elms etc etc</p><p>assignment</p><p>subletting</p><p>improvements/ fixtures</p><p>rent review timing and mechanism </p><p>term</p><p>landlords ability to remove part ?</p><p>landlords ability to remove part if gets planning consent</p><p>Dispute resolution procedure</p><p>non ag uses</p><p>and loads more I can’t think of right now.</p><p></p><p>The best leases never get read after they’ve been signed and put in the filing cabinet, if you think carefully up front you can achieve the same.</p></blockquote><p></p>
[QUOTE="AJ123, post: 7322348, member: 149107"] I’d be very careful entering a 40 page lease without full hand holding by a solicitor (and I’m a surveyor who reads leases daily so like to think I understand them) Your time is best spent really carefully thinking about your heads of terms, I would get a land agent to help you think about what needs to be considered. Such as : what your going to do when bps goes- what if tenant wants to go into long term natural capital agreement/elms etc etc assignment subletting improvements/ fixtures rent review timing and mechanism term landlords ability to remove part ? landlords ability to remove part if gets planning consent Dispute resolution procedure non ag uses and loads more I can’t think of right now. The best leases never get read after they’ve been signed and put in the filing cabinet, if you think carefully up front you can achieve the same. [/QUOTE]
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