FREE Canadian Farm Lease Agreement

FARM LEASE AGREEMENT



This Farm Lease Agreement is made on this [Date] by and between:

[Name], being the landowner, of (address) hereinafter referred as the Landowner;



AND



[Name], tenant of (address) hereinafter referred as the Tenant.



Under the terms and conditions that follow, the landowner hereby leases to the tenant a farm to use for agricultural purposes only of approximately [Size of the land] acres, situated in [Province], Canada commonly known as or described as follows:



[Complete description of the Farm/Land]



TERM OF LEASE: The term of this lease shall be from [Date] to [Date], which is for a period of [Years] and the tenant shall surrender possession at the end of the Term or at the end of any extension thereof. Extensions must be placed in writing on this lease, and both parties agree that failure to execute an extension at least [months] months before the end of the current term shall be constructive notice of an intent to allow the lease to expire.



Any amendments and alterations to this lease may be made in writing in the space provided on the back of this form at any time by mutual agreement.



RENT:



Cash Rent: As rent or partial rent for the farm, the tenant agrees to pay the total sum of CAD ($ Amount per year). This cash rent shall be the amount stated above but adjusted annually after the first year.



COMPENSATION TO TENANT FOR UNUSED VALUE OF IMPROVEMENTS: At termination of lease, the tenant shall be entitled to payment for the unused value of his or her contribution to the cost of improvements made with the consent of the Landlord.



PROPERTY RIGHTS:



1. Right of Entry: The landowner reserves the right for them, their agents, their employees, or their assigns to enter the farm at any reasonable time for purposes of: (a) consultation with the tenant; (b) making repairs, improvements, and inspection; (c) developing mineral resources; and (d) after notice of termination of the lease is given, for purposes of plowing, seeding, fertilizing, and such customary seasonal work, none of which is to interfere with the tenant in carrying out regular farm operations.



2. Transfer of Farm: If the landowner should sell or otherwise transfer title to the farm, he or she will do so subject to the provisions of this lease.







NON-PARTNERSHIP: This Agreement does not give rise to a partnership. Neither party shall have the authority to bind the other without written consent. Neither party shall be liable for debts or obligations incurred by the other without written consent.



GOVERNING LAW: This Agreement shall be government as per the laws of Province of [Province], Canada, including but not limited to the provisions of Agricultural Land Commission Act.





IN WITNESS WHEREOF the parties hereto have hereunto set and subscribed their respective hands on the day and date first hereinabove mentioned.



Land-Owner Tenant

_________________ ____________________

Date: Date: