Farmland Evaluation, Valuation, Leasing and More in this 4-Part On-Line Workshop Series
Farmland Evaluation, Valuation, Leasing and More !
- Wednesday, October 7, 2020, 6:30 PM - 8:00 PM
- Wednesday, October 21, 2020, 6:30 PM - 8:00 PM
- Wednesday, November 4, 2020, 6:30 PM - 8:00 PM
- Wednesday, November 18, 2020, 6:30 PM - 8:00 PM
LOOKING FOR INFORMATION ON HOW TO EVALUATE OR VALUE FARMLAND? DO YOU NEED TO CREATE A LAND LEASE BUT AREN’T SURE WHERE TO START? CHECK OUT THIS ZOOM SERIES BY CORNELL COOPERATIVE EXTENSION!
Oct 7th, 6:30-8PM: How to Evaluate Your Land
There is plenty of reasons why you should not rent your land on a handshake. One of the main reasons is to be sure your land is protected in health and in receiving a fair price. The following things should be considered:
- Know how farmland values are calculated & how to communicate the long-term value of your land
- Know the conditions of your land & how you expect your land to be cared for
- Know how to choose a farmer & prepare a formal lease
- Know how to use general liability insurance
Oct 21st, 6:30-8PM: How to Determine an Appropriate Value for Your Land
Nov 4th, 6:30-8PM: How to Put Together a Lease that Makes Sense
Did you know that many lease “agreements” are nothing more than a handshake and an annual payment? This leaves both the landowner and the farmer leasing the land at risk. There are very important considerations not accounted for with a handshake like the term of the lease so that the farmer does not end up putting a lot of time and effort into a piece of land only to have it rented out to someone else before the next harvest. There are other items to work through such as how improvements can and will be made to the property and who is liable for injury on the property. A formal lease agreement can eliminate many of these issues. Myron Thurston, Agricultural Economic Development and Marketing Specialist of CCE Madison, will walk through some of the common pitfalls of lease agreements and will provide several templates that can be used to create your own.
Nov 18th, 6:30-8PM: It’s All About Relationships
Learn how to work with lawyers, land trusts, finance officers and ag support agencies, such as USDA.
The cost is $40 for the series. Participants will receive the Zoom link the morning of the program.
Click Here for Registration
Fee
$10 each session or $40 for all
Location
This event is online
Last updated October 2, 2020