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In a previous article (The Case for Putting it in Writing), the case was stated for putting “spoken” agricultural contracts in writing. This time, the focus shifts to a particular type of contract: the land lease.
Acquiring Michigan agricultural property involves a number of legal issues. One that should be addressed with an attorney is the effect of the acquisition on the qualified agricultural property exemption (“Ag Exemption”).
Even as the rest of the world seems to require everything in writing, it remains an article of faith in farming communities throughout Michigan that business can still be conducted with a handshake.
Citizens and visitors to Michigan have many opportunities to pursue recreational activities in natural settings. Thanks to the Natural Resources and Environmental Protection Act (“NREPA”), the owners, tenants, and lessees of Michigan agricultural and farm properties enjoy certain protections from liability whenever members of the public come onto their land to engage in such activities.