Farm Tenancies & Natural Capital - A Practical Guide to Building Effective Clauses

Introduction

Increasingly we are becoming aware of the value of natural capital and the resources our land and farming provides, and it is important that there is clarity between the parties in relation to ownership, use of and responsibility in relation to that natural capital.

This new, full-day course is a must for those who are drafting FBTs in practice and need to consider how to build in clauses that effectively deal with how natural capital should be treated in relation to that land.

What You Will Learn

This course will cover the following:

• When is natural capital relevant to the preparation of an FBT?
• What practical considerations are there?
• What questions should be asked of a landlord/tenant when taking instructions as you negotiate the terms of an FBT?
• What drafting considerations are there for clauses that accurately reflect the aims and objectives of the landlord/tenant in relation to natural capital and the tenanted land?
• Reviewing existing FBTs and AHAs in light of natural capital. How to make changes to the terms of the tenancy if required
• Scenario-based example of drafting an FBT taking into consideration natural capital