New regulations are soon to come into force which apply to landlords, tenants and local authorities on electrical safety standards in the private rented sector. The Regulations will apply from 1 July 2020 to a tenancy agreement which was signed on or after...
Contract Checking Service and Legal Health Check, called Farm Resilience Plan, to plan for your farm's future.
By safeguarding the interests and wishes of the people involved in the farm, as well as the running of the farm business, you can be assured that these checking services offered by the NFU and legal panel firms will identify the aspects you need to ensure are in place and correctly documented to protect your farm business for the future.
Before you sign any contract you should understand what you are signing up to. To help NFU members avoid the stress and potential cost of unforeseen contractual disputes, the NFU and local legal panel firms offer a range of services designed o provide peace of mind.
The Contract Checking Service is able to review the small print of all contracts - including those drawn up by members and external third parties - with the work carried our by contractual experts within the legal panel firm.
The Farm Resilience Plan service goes further, reviewing all property, business and family arrangements.
This service checks everything from contracts to partnership deeds, land registrations to employment contracts, farm partnerships to tenancy or grazing agreements, business restructuring and succession, Will or family trust arrangements.
The initial legal check, see the Farm Resilience Plan questionnaire, is provided free of charge by NFU legal panel firms (we are one of two of these firms for the North East region), who will then recommend any remedial legal work required.
For NFU members subscribing to the NFU's Legal Assistance Scheme, financial support is available until the end of October 2020 to offset the cost of using the contract checking service or going ahead with remedial legal work identified as a result of a free legal health check using the farm Resilience Plan.
Members using the contract checking service can apply for up to £1,000 towards the cost of having four contracts checked (£250 each).
Members using the free legal health check service can apply for up to £500 towards the cost of two legal instructions arising from the health check (£250 each).
To start the process, simply complete and return the Farm Resilience Plan questionnaire to Clair Douglas at our Malton office.
The Contract Checking Service and Farm Resilience Plan can cover:
- Checking business contracts with other third parties
- Checking employment contracts
- Checking written tenancy or grazing agreements
- Advice on business restructuring in view of Brexit
- Guidance on importance of Wills, Trusts, succession planning
- Advice on lifetime gifts, pre-nuptials and post-nuptials
- Farming partnerships
- Contractors and supply chain matters
How it works
- Initial free review of your property, business and family interests to assess your position*
- Recommendations made to NFU member with costs for legal work to be undertaken showing NFU member discount**
The advice we give will be bespoke and tailored to your needs.
*This may include a farm visit and if necessary a simple written report with initial observations /recommendations at no cost to the NFU member.
**NFU member will be subject to our firms terms of business