Posted by Alice Newsome, Solicitor
Firming up ‘handshake’ agreements – commercial lettings on farms and estates
It is common for landowners to agree to lease part of their property for non-agricultural purposes, most commonly for storage or lock ups.
Often such agreements are simply “hand-shake” agreements made verbally or informally based on an established good relationship. A long commercial agreement will rarely be necessary in these circumstances but a straightforward lease can be useful to record the basics and avoid disputes.