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Description
Farm Tenancy Agreement - Under 7 YearsThis Farm Business Tenancy Agreement template is suitable whereby the Landlord provides the Tenant with the right of lease to the Property for agricultural purposes in terms of the Agricultural Tenancies Act 1995 for a period less than 7 years. A Farm Business Tenancy Agreement is a contract entered into between two parties whereby one party (the Landlord) provides the other party (the Tenant) with the right of lease to the Property for agricultural
This Farm Business Tenancy Agreement template is suitable whereby the Landlord provides the Tenant with the right of lease to the Property for agricultural purposes in terms of the Agricultural Tenancies Act 1995 for a period less than 7 years.
A Farm Business Tenancy Agreement is a contract entered into between two parties whereby one party (the Landlord) provides the other party (the Tenant) with the right of lease to the Property for agricultural purposes in terms of the Agricultural Tenancies Act 1995. This agreement regulates the relationship between the parties, stipulating the terms and conditions upon which the agreement is based.
This agreement is ideal in cases where someone wishes to lease property for agricultural purposes, in exchange for rental. This is a comprehensive agreement which contains the essential clauses necessary to ensure that both parties' interests are protected.
This agreement should be used in cases where the period of the lease is less than 7 years and therefore need not be registered with the Land Registry. Where the lease is for a period in excess of 7 years, another version of this agreement should be used, which contains the prescribed clauses required by the Land Registry to ensure registration of the lease.
The Agreement contains the following clauses:
1. Definitions
2. Interpretation
3. Letting and hiring
4. Use of the Property
5. Duration
6. Rent Payments
7. Additional Charges
8. Tenant's Obligations
9. Maintenance and Repairs
10. Repair Exclusions
11. Alterations, Additions and Improvements
12. Orchards, Plantations, Vines and Crops
13. Damage to or Destruction of Property
14. Exclusion of Landlord from Certain Liability and Indemnity
15. Landlord's Right of Access
16. Transfer and Sub-letting
17. Insurance
18. Breach
19. Forfeiture
20. Break Clause
21. Arbitration
22. Farm Business Tenancy Notices
23. Tenancy Notices
24. Governing Law and Jurisdiction
25. Counterparts
26. Signatories
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