Landowners who have a substantial off-farm income but not enough time for farm work, or full-time farmers who wish to retire from active farming, can lease out their land for a set number of years. The terms of a lease maintain the security of land ownership, while also ensuring the upkeep of the land.
There is a steady demand for leased land as many commercial full-time farmers require access to more land on a secure basis for a fixed period to achieve necessary scale and efficiency. Most farmers who need to enlarge their holdings cannot afford the enormous cost of purchasing land.
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