I have 24 acres of land in the raw... can be zoned agricultural/livestock... I have some folks that are interested in leasing it from me on a six month to annual basis .. I am interested to know from anyone that may have experience with this, as I have never leased land before.
I am concerned about potential negatives that may biteme in the end on legal issues.. and a possible fair monthly price estimate!
If I do this.. I want to be fair in my asking price per month.. but I don't want to just give it away. Just want to see what everyones thoughts were on this and anyone who has experience handling cattle... I will not be doing any of the tending to them, but I was wondering if i should be concerned about getting dinged as the land owner.. If an agricultural inspector brings up issues about this guy performing negligence or not maintaining the cattle by statute. I consider this a big issue as well, but do not know the overall implications that will impact me, as the land owner.
Any comments are appreciated,
Tom
I am concerned about potential negatives that may biteme in the end on legal issues.. and a possible fair monthly price estimate!
If I do this.. I want to be fair in my asking price per month.. but I don't want to just give it away. Just want to see what everyones thoughts were on this and anyone who has experience handling cattle... I will not be doing any of the tending to them, but I was wondering if i should be concerned about getting dinged as the land owner.. If an agricultural inspector brings up issues about this guy performing negligence or not maintaining the cattle by statute. I consider this a big issue as well, but do not know the overall implications that will impact me, as the land owner.
Any comments are appreciated,
Tom