Related articles
How does a contract farming agreement work?
24 June 2024
A contract farming agreement involves a partnership between a landowner or occupier (the farmer) and a contractor. The farmer directs the contractor to carry out practical operations and management of a crop or other enterprise based on the farmer’s guidelines and benefiting the farmer’s business. The roles and operations are outlined in the contract between…
What is the Sustainable Farming Incentive?
07 May 2024
The Sustainable Farming Incentive (SFI) is a new government scheme that provides financial support to farmers to adopt and maintain sustainable farming practices that can protect and improve the environment. The SFI offers a 3-year agreement that rewards farmers for implementing environmentally friendly practices such as improving soil health, enhancing biodiversity, and reducing carbon emissions….
What is an Option Agreement?
28 May 2024
An Option Agreement is a legally binding contract between two parties – the landowner and the purchaser (often a developer) of the option. In summary, an option agreement provides a mechanism for a potential land transaction, allowing the buyer to secure the right to purchase the property within a specified timeframe. Purpose and Structure: The…