|
Land Rental Arrangements
March, 1998
This publication outlines the legal and tax considerations of leasing
privately owned land. It should not be considered as either an
interpretation or complete coverage of the Income Tax Act or the
various law effecting land rental arrangements and the Government
of Saskatchewan assumes no responsibility towards persons using
it as such. All land rental arrangements should be discussed with
your farm management agrologist, accountant, tax consultant, or
lawyer before they are signed. Revenue Canada will also provide
information.
In addition, this publication provides management information and
guidelines for the landlord and tenant when negotiating a rental
agreement. The landlord and tenant should study the material
carefully and prepare a written agreement that suits their individual
situation. The agreement should be reviewed by a lawyer, an
accountant and a farm management agrologist before completing the final agreement. With longer term
agreements both parties should remember that economic conditions are uncertain. For this reason, agreements in
excess of three years should provide for a periodic review of the essential terms.
Download
PDF file 376 KB
Problems
printing PDF files from Adobe Acrobat Reader?
| 
