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Today we publish the Midwinter issue of Rural eSpeaking; we hope you enjoy reading it. If you would like to talk further about any of the topics covered in this edition, please don’t hesitate to contact us. In this issue we have articles on:
· Selling the Farm to Foreigners: Overseas Investment Act 2005
· Occupational Safety and Health: The rural perspective
· Over the Fence: Increase in GST – Lack of ease in easements – Building a house on bare land: GST implications
Is available here.
In this edition:
- Financial Advisers Act 2008
- The Major Events Management Act
- Subdivision nightmare
- A note about notaries
Please note that for ease of reading when opening up the PDF go to View –> Page Display –> Two up
Is available here – containing:
- Trading Among Farmers
- Sharemilkers take ownership
- New life for former mines
- Effluent appraisals of every farm
- Win for three Taranaki families
- Russia free trade agreement
- Calf milk
- New farm dairy or alterations
- Dairy Training Schedule
- Dairy effluent workshop
This article discusses some potential issues that may arise in a farm lease between landlord and tenant, ranging from the obvious to the not so obvious.
Many farmers will remember the days when the lease of a farm was based on a gentlemen’s agreement. The inadequacies of this sort of agreement are
- Terms not clearly identified
- Parties understanding of their respective obligations possibly quite different.
As with any contract the conditions must be clearly identified and under the Contracts Enforcement Act a lease of land is required to be in writing. To that end the obligations of all parties need to be carefully thought out and documented.