North Carolina Farm Package

Category:
State:
Multi-State
Control #:
US-P097-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package is designed to assist a farm owner in operating a farm, in matters such as employment, financial, and leasing transactions. The forms included are essential tools for promoting the farm's operation in a legally protected manner. Purchase this package and save 50% over purchasing the forms separately!



The following forms are included in this package:



Agreement to Manage Farm - This form is an agreement to manage a farm. The manager represents and acknowledges that he is an independent contractor. All persons engaged by manager to perform work pursuant to this agreement will either be independent contractors or employees of manager. This agreement is not one of agency by manager for owner, but one with manager engaged independently in the business of managing properties as an independent contractor.


Farm Hand Services Contract - This is an agreement between a farmer or employer and a farm hand whereby the employer hires the farm hand as an independent contractor to perform various farm related duties as agreed upon in the contract.


Farmer's Tax Guide - This is a free bonus publication providing detailed tax information related to farm operations.


Security Agreement with Farm Products as Collateral - In a security agreement, the debtor grants a "security interest" in the personal property in order to secure payment of the loan. Granting a security interest in personal property is the same thing as granting a lien in personal property. This form is a sample of a security agreement in farm products that may be referred to when preparing such a form for your particular state.


Farm Lease - This form is a lease agreement for farm land. The lessor will pay all ad valorem taxes assessed against the leased property. The lessee shall pay all taxes assessed against all personal property located on the premises and will also pay all privilege, excise and other taxes duly assessed. The lessee will pay the taxes when due so as to prevent the assessment of any late fees or penalties.


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FAQ

For agricultural use ? which generally includes row crops and open grazing pasture (including hay production) ? the tract must be a minimum ten (10) acres in agricultural production, defined as the ?commercial production or growing of crops, plants, or animals.?8 This classification also includes ?aquaculture? ...

?There's a reason that some of our largest producers and producing farms in the state are out in this area of the state,? Matt says. ?The soils in eastern North Carolina, specifically in the Tidewater region, are very high in organic matter.

The average farm size for 2021 is 445 acres, up from 444 acres the previous year. Agricultural research and data collection are still mostly based on acres.

2 acres could give you an enormous, productive garden. In fact, 2 acres might well give you more food than you can consume. For my part, I would consider making about a 1/4 acre garden based on raised beds filled with the best garden bedding you can get your hands on.

One such definition is found in IRC Section 2032A(e)(4) relative to estate tax valuation; it reads as follows: The term ?farm? includes stock, dairy, poultry, fruit, furbearing animal, and truck farms, plantations, ranches, nurseries, ranges, greenhouses or other similar structures used primarily for the raising of ...

There is no universal license or certification that farmers are required to have. However, a license or certification is required for certain specific activities. Selling plants ? In most cases, selling plants requires a certificate from NC Department of Agriculture and Consumer Services.

Please note that some applications and/or services may not function as expected when translated. The recently released USDA Land Values 2022 Summary report shows an overall 8.4% increase in average NC farmland value to $5,150 per acre.

The average size of a North Carolina farm is 168 acres, eight more than in 2007. The average age of N.C. farmers jumped 3 percent to 58.9.

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North Carolina Farm Package