So Much is Said About Land Distribution at Death, But What About Rental Agreements

By: Myron Friesen

For years, I rented land from my parents and other neighbors. When my parents passed away, it became a challenge to rent from several of my siblings. Now, as my neighbors have passed away, renting from some of their heirs has become a challenge as well. How can I make sure my son doesn’t have to go through what I’ve had to?

The Solution

Negotiating rents can bring tension. You can’t solve all your neighbors’ problems, but you can solve your own potential family problems for your son.

The first step is to determine how the rent rate will be established.

1: A mutual agreement is OK only if you can get people to agree.