The Livestock Agistment Contract sets out the terms and conditions upon which a Landholder will accept livestock for agistment on their property.
Agistment is the placement of livestock from one farm onto another for food, water, and shelter – in return for a fee (usually cost/head/week).
The owner of the animals is usually responsible for getting the livestock to and from the agistment property and retains ownership of the livestock except under certain circumstances (such as non-payment of fees).
For a landholder agreeing to the agistment there are important points that need to be negotiated and agreed upon, preferably in writing so that each party is aware of their responsibilities. A written agreement spells out the pertinent terms and reduces the likelihood that a dispute will arise through misunderstandings.
An agreement needs to have the names and signatures of the parties, date the agreement is signed, period for which the agreement applies, and a description of what is being agreed upon.
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