Sharemilking Agreements

A sharemilking relationship is one of a joint venture between the farm owner and sharemilker.

Both the farm owner and the sharemilker are pooling their assets to create income for their benefit.

There are a number of standard form sharemilking agreements within the industry which let the parties down. A simple case of filling in the blanks no longer protects either the farm owner or the sharemilker.

An agreement needs to reflect the special nature of each sharemilking relationship and filling in the blanks or not filling them in at all is creating problems and unfortunately disputes within the industry.

To learn more about Sharemilking Agreements attend our seminar on 17 March, details available at www.rurallaw.co.nz