A farm lease format showcases the pattern of a farm lease. It carries all the terms and conditions laid down in the lease deal. These have to be studied and understood by the parties involved before being finalised. It is therefore an important document with the legal blueprints of transaction.
Sample Farm Lease Format
This farm lease rests on the agreement that all parties concerned have clearly read and understood the terms of contract. This farm lease is a legal document and any breach of contract can result in strict disciplinary actions under the law. The following are the particulars of the transaction:
First Paragraph: The first paragraph of the farm lease must provide the names and addresses of the parties involved in borrowing and lending of the farm land. This includes detailed information about the lesser and the lessee along with the name of the organization renting the farm. It must mention the name of the place and the exact location of the farm. A note of the condition of the soil should also be made. The relevant certificates of identity and income of lessee must be attached. The dates of the validity period of the contract should be mentioned.
Second Paragraph: The second paragraph of the farm lease should state the terms and conditions laid down by the farm agency or the owner. Any case of damage or degradation of soil quality after the expiry of the contract will be considered as a breach of contract and will make the lessee liable to punishment.
Third Paragraph: In the third paragraph, the full signatures and names, along with full addresses and official designation, of the witnesses must be provided. Duly attested and signed documents have to be enclosed with the lease.
Signature of lesser: ___________________ Date: ________________
Signature of lessee: ___________________ Place: ________________