Agricultural lease: Equestrian establishment for business use
This is a standard business lease with additions which may
be relevant to the letting of an equestrian establishment. If
the letting is for a use which is substantially agricultural (not
equestrian except a stud farm), use a farm business
tenancy agreement. If you are not sure whether the tenant
will or will not carry on an equestrian business, use this
document
About this document
This is a standard business lease drawn with additions so that it is relevant to the rural character of the land and buildings let – in this case, any equestrian establishment such as stables, outbuildings, arenas, fields, farm buildings or any combination thereof. If the letting is for a use which is substantially agricultural, rather than purely equestrian, use a farm business tenancy agreement. If you are not sure whether the tenant will or will not carry on a business, use this document.
Who will use this document?
• Any potential landlord (owner of buildings such as stables, sheds or barns);
• Or tenant (someone who wants to use the establishment);
• Who wants to lease or rent any combination of buildings and or land for any equestrian use. The tenant may run a livery yard or a riding school for example. Lease or licence? Any licence is outside of the statutory landlord and tenant framework. But the agreement has to reflect the name. You cannot just call an agreement a “licence” for it to be one. The effect of a licence is that:
• The tenant has no security;
• The landlord has to give no notice.
Application
and features
Flexible - alternative paragraphs to suit your needs
Invaluable notes guide you through the minefield
Very comprehensive – simply delete what is not required
Suitable for many types of agricultural use
Written in plain English!
Contents
Payments
Interest and further payments
Tenant’s use and covenants
Agricultural restrictions on Tenant
Competitions, vehicles and grassland damage
Access for Landlord
Condition, repair and maintenance: by whom and when
Transfer and sub-letting
Security of tenure excluded
Provision for premature termination
Rent review
Quiet enjoyment
Forfeiture
Other legal provisions.
Word
Count (approximate):
Document: 3550
words
Explanatory notes:
2150
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
