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<blockquote data-quote="Tim W" data-source="post: 7590419" data-attributes="member: 72"><p>A share farming agreement doesn't have to be 50/50 split</p><p>It can be weighted in favour of the new working farmer</p><p></p><p>If for example you were to share farm the entire outfit, lock stock & barrel with someone the pros may include</p><p>1) Allowing the present farmer to come back to the farm if his new lifestyle doesn't work out in the next 5 years?</p><p>2) Allowing a small return on capital </p><p>3) Allowing a new farmer to get a start & gradually buy into the farm</p><p>4) Making sure you have some input into the farm you have built up </p><p></p><p>Share farming agreements are just a blank piece of paper that 2 parties list their ideas/wishes/priorities on and then figure out how it could work to everyone's satisfaction----there are no rules</p></blockquote><p></p>
[QUOTE="Tim W, post: 7590419, member: 72"] A share farming agreement doesn't have to be 50/50 split It can be weighted in favour of the new working farmer If for example you were to share farm the entire outfit, lock stock & barrel with someone the pros may include 1) Allowing the present farmer to come back to the farm if his new lifestyle doesn't work out in the next 5 years? 2) Allowing a small return on capital 3) Allowing a new farmer to get a start & gradually buy into the farm 4) Making sure you have some input into the farm you have built up Share farming agreements are just a blank piece of paper that 2 parties list their ideas/wishes/priorities on and then figure out how it could work to everyone's satisfaction----there are no rules [/QUOTE]
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