A Farm lease contract is an official document which is commenced between the farm property owner and the interested lessee. This contract is based on the legal commitments, termination clause and payment promises.
Sample Farm Lease Contract:
Contract number: FL/ 780
Date: December 23rd, 2010
This farm lease contract is produced and entered between Mrs. Andean Johnson, address: house no: 45, Baker’s Street, Ottawa, Canada, hereinafter called as the farm owner.
Mr. Will Timberlake, Address: house no: 23, Spencer Road, Next to Arcade Plaza, Ottawa, Canada, hereinafter known as the lessee.
Whereas the farm owner is willing to lease his farm property of 5 acres and the lessee is interested to lease the farm and is committed to the desired rent amount.
Farm property details:
Name of the Property: Johnson Farm House
Address: plot no: i8, down street Road, Salt Lake City, Ottawa, Toronto
Status: registered under the farm property law of Canada
Registration number: 6797956 RP
This contract is beginning on December 24th, 2010 and is terminating on December 24th, 2011.
Term & conditions for the contract:
The farm owner will provide the documentation of farm lease to the lessee, whereas the lessee will be responsible for maintaining the farm house land and if any legal issue is encountered during the contract then the farm owner can take an action against the lessee.
The lessee is agreed to pay $ 45680 as the advance amount and $ 3450 as the monthly rental to the farm owner. A late payment will be entertained with $200 late fee.
The termination can happen to the contract if any of the parties are not willing to continue the contract or disobey the committed terms.
Acceptance of the farm lease contract:
Signed by the farm owner:
Singed by the Lessee: