Buying and selling farms and agricultural property

This full day course is a must for all property professionals who are exposed to buying and selling farms and agricultural property.

It will take delegates through the transactional process of buying a farm; from identifying the key assets through to drafting the contract. It will consider what questions to ask when taking initial instructions and will help delegates identify the key issues which affect farmers and landowners when investing in or disposing of property.

The course is ideal for those who are new to buying and selling agricultural property or simply wish to refresh and update their knowledge in light of the changing face of agricultural law.

What you will learn

  • Part One – Initial Instructions

    1. Identifying assets, appropriate owners and modes of transfer
    2. Understanding and identifying your client
    3. Occupation:
      • Examining the different methods of agricultural occupation, from grazing licences, Farm Business Tenancies to occupation under the Agricultural Holdings Act 1986
    4. Searches/Enquiries:
      • The different types of searches and enquiries which are appropriate to agricultural land and farms

  • Part Two – Drafting the Contract

    1. Basic Payment Entitlements:
      • Understanding the basics of the scheme
      • Selling and buying entitlements
      • Traps for the unwary
    2. Continued Management of the Holding:
      • Looking at the different ways to manage and farm the holding between exchange and completion or harvest
    3. Environmental Stewardship:
      1. Examine the current and new stewardship schemes
      2. Consider the impact of a sale on the scheme
      3. Tenant right and holdover
    4. How to amend the contract to meet your client’s needs

  • Part Three – Transfer and Completion

    1. Price:
      • Considering price apportionment and retentions
    2. Third party notifications and reporting:
      • Identifying third parties who need to be notified of a sale
      • Understanding the Bank’s requirements
      • Who is doing what? Falling between two stools!
    3. The client’s ongoing needs:
      • Farm management
      • Business structures
      • Family matters
      • Wills and tax planning

Request for course information

If you have any questions please do not hesitate to contact us by completing the form below.

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Our Why

We know that even subtle shifts in culture and behaviour can have a huge impact on the bottom line. 

We have a passion for empowering people at all levels of an organisation to engage and communicate more effectively reducing stress and making people more effective.

We know that understanding and valuing the human drivers behind a business, results in a happier healthier more productive and ultimately more profitable organisation.

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Unit 1 Basepoint Business Centre, Crab Apple Way, Vale Business Park, Worcestershire, WR11 1GP

Office Suite 1, Grange House, Brunel Road, Leominster, Herefordshire, HR6 0LX

VAT Reg: 325776675
Company number 11652462
Authorised & regulated by the Solicitors Regulation Authority (SRA) Number 659569

DISCLAIMER

The information contained in this website is for general information purposes only. The information is provided by Denney King and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

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