Giving Your Farm Tenant Notice



If you are thinking about selling your farm or making a change in tenants, early fall is a really good time to give your tenant notice.


This is especially true when you have a handshake lease or verbal lease—and there are plenty of those in farm country.


That kind of relationship is a wonderful thing, but you might be surprised how quickly things can turn ugly when a tenant is not properly notified that they will not be farming the property the following year.


If proper notice is not given by December 1, the tenant may be able to come back and say, “We are farming that farm next year for the same rate we farmed it this year.” Believe me, the law is on their side.

 

No one likes sending a registered letter, but it is good business and easy enough to do. It does not mean you have to replace your tenant. It simply keeps your options open.

 

If you decide to sell the farm, you do not have a tenant hanging around. If you want to explore the rental market, you are free to do so. And if you want to keep your current tenant, you can still do that too.

Good business and good communication never go out of vogue.

 

If you would like to visit about this subject, my phone number and email are below. We can just talk.

 

Brad Neihouser
765-427-5052
bneihouser@shook.com

 

P.S. If you would like a free copy of my book, How to Sell Your Farm for the Most Money in the Least Amount of Time, the link is below.

 

Your Free Guide:
https://www.beforeyousellthefarm.com


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