A Livestock Lease Agreement is a contract between farmers that makes it possible for a farmer to have all of the positives of having a bull, cow, or herd of cattle without needing to pay for the full purchase price.
In the main sense, a Livestock Lease Agreement allows a farmer to make an income from a herd of livestock even if a farmer no longer has the financial means to feed or take care of them. Therefore saving them the trouble of selling any of their livestock on a permanent basis. If a farmer is having short-term money issues, they can lease their livestock out to another individual or company. Afterward, they can take them back when their funds have recovered and are available, without having to borrow money to purchase additional livestock.
Depending on the terms of the deal, many farmers can avoid other costs as well, such as the expense of some veterinary bills, many of the costs associated with feeding the cattle, or having to replace a bull that dies. You may download a fillable Livestock Lease Agreement template below or use our online form builder to make your own document.
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