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Simple English definitions for legal terms
farm let
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A quick definition of farm let:
Term: Farm Let
Definition: Farm let means to lease or rent out land for farming purposes. It is an old-fashioned term that was commonly used in real estate leases. When someone farm lets their land, they allow someone else to use it for a certain period of time in exchange for rent or other compensation. The phrase comes from the Latin words "ad firmam tradidi" which means to lease out for a fixed period of time.
A more thorough explanation:
Definition: To lease land for rent.
Example: In the 18th century, it was common for landowners to farm let their land to tenants for a fixed period of time in exchange for rent payments.
Explanation: Farm let is a historical term that refers to the act of leasing land to someone else for a specific period of time. The landowner would receive rent payments from the tenant in exchange for the use of the land. This practice was common in the past and was often used as a way for landowners to generate income from their property without having to work the land themselves.