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The Farm Lease Agreement is a specialized legal instrument used in Hong Kong when agricultural land is being leased for farming purposes. It is particularly relevant for properties in the New Territories, where most of Hong Kong's agricultural land is located. This document is essential when landowners wish to lease their agricultural property to farmers, agricultural companies, or cooperatives for farming activities. The agreement must comply with Hong Kong's specific agricultural land regulations, including the Agricultural Land (Utilization) Ordinance and relevant environmental protection laws. It typically includes detailed provisions about permitted farming activities, environmental responsibilities, land maintenance, and both parties' obligations. The document is crucial for protecting both landlord and tenant interests while ensuring sustainable agricultural practices and proper land utilization.

1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and registration details if companies

2. Background: Context of the agreement, including brief description of the agricultural property and intended use

3. Definitions: Key terms used throughout the agreement, including technical farming terms and legal definitions

4. Property Description: Detailed description of the leased farm property, including boundaries, size, and existing structures

5. Term and Renewal: Duration of the lease, commencement date, expiry date, and renewal options

6. Rent and Payment Terms: Rental amount, payment schedule, review mechanisms, and any additional charges

7. Permitted Use: Specified agricultural activities allowed on the property and any restrictions

8. Tenant's Obligations: Core responsibilities including maintenance, farming practices, environmental compliance

9. Landlord's Obligations: Responsibilities of the landlord including property access, major repairs, infrastructure maintenance

10. Insurance Requirements: Required insurance coverage for crops, liability, structures, and equipment

11. Alterations and Improvements: Rules regarding structural changes, installation of equipment, and farming infrastructure

12. Assignment and Subletting: Restrictions on transferring the lease or subletting the property

13. Termination: Grounds for termination, notice requirements, and consequences of breach

14. Dispute Resolution: Process for resolving disputes, including mediation and arbitration procedures

15. Governing Law: Confirmation of Hong Kong law governing the agreement

16. Execution: Signature blocks and execution requirements