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An alternative approach involves an agreement, or joint venture, between a landowner or tenant and a contractor to farm an area of land. As implemented in the United Kingdom, this model is based on a contractor carrying out all farming activities, receiving a fixed fee to cover its costs, together with a share of the eventual profits.
A profit (short for profit-à-prendre in Middle French for "advantage or benefit for the taking"), in the law of real property, is a nonpossessory interest in land similar to the better-known easement, which gives the holder the right to take natural resources such as petroleum, minerals, timber, and wild game from the land of another. [1]
In Australia, agistment is commonly used during times of drought; livestock from a drought-affected property can be agisted on a drought-free property elsewhere in the country. The livestock may travel to the alternate pasture by truck or by travelling stock route. Agistment can also refer, in both Australia and New Zealand, to places such as ...
After the issuance of Benjamin Harrison's Presidential Proclamation, which forbade all grazing leases in the Cherokee Outlet after October 2 of 1890 [3] effectively eliminated tribal profits from cattle leases, the Cherokee came to an agreement to sell these lands to the government at a price ranging from $1.40 to $2.50 per acre the following ...
A pastoral lease, sometimes called a pastoral run, is an arrangement used in both Australia and New Zealand where government-owned Crown land is leased out to graziers for the purpose of livestock grazing on rangelands.
Litchfield Station is a pastoral lease that operates as a cattle station. It is located about 44 kilometres (27 mi) north west of Daly River and 69 kilometres (43 mi) west of Adelaide River in the Northern Territory of Australia. Composed primarily of open grazing land, the property occupies an area of 1,336 square kilometres (516 sq mi). [1]
The part allocated to "common pasture" is shown in the north-east section, shaded green. Originally in medieval England the common was an integral part of the manor , and was thus part of the estate held by the lord of the manor under a grant from the Crown or a superior peer (who in turn held his land from the Crown; it is sometimes said that ...
Agistment is "a type of bailment in which a person, for a fee, allows animals to graze on his or her pasture." [ 3 ] References to agistment in England can be traced as far back as 1305. [ 4 ] Agistment is still practiced in the countries that make up the Commonwealth of Nations and in the western United States primarily for the grazing of beef ...
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