Land owners and caretakers have also created mutually beneficial agreements where one person develops the land, the other pays the bills. We’ve seen these arrangements work very well, or terribly. Agreements in writing make all the difference between success and failure in these arrangements.
We can’t emphasize enough how important it is to take the time to make clear agreements that all sides see as beneficial to themselves and put them in writing rather than depend on people’s memories. By ensuring the agreements are legally binding, you further protect all parties.
Cultivate Farms is an online platform that is endeavoring to try to match retiring farmers with young people who can take over the farms. This is a significant situation in the US right now with most farmers aged 50 or more.