The Farm Purchase Agreement is a specialized legal document used in New Zealand for transactions involving agricultural properties. It is essential when transferring ownership of farm properties, whether they are dairy farms, livestock farms, orchards, or other agricultural enterprises. The document must comply with New Zealand's property law framework, including the Property Law Act 2007 and the Land Transfer Act 2017, while addressing specific agricultural considerations such as stock transfers, water rights, and environmental compliance. This agreement is more complex than standard property purchases due to the additional considerations of farm operations, resource consents, and agricultural assets. It typically includes comprehensive schedules detailing included assets, stock inventories, and environmental obligations, making it suitable for both simple farm transfers and complex agricultural property transactions.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the vendor and purchaser
2. Background: Context of the transaction and brief description of the farm property
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the farm property, including land titles and boundaries
5. Purchase Price: Agreement on purchase price, deposit, and payment terms
6. Settlement: Settlement date, requirements, and process
7. Due Diligence: Buyer's rights and timeframes for conducting due diligence investigations
8. Conditions Precedent: Conditions that must be satisfied before the agreement becomes unconditional
9. Warranties: Vendor's warranties regarding the property, operations, and compliance
10. Risk and Insurance: Allocation of risk and insurance requirements until settlement
11. Default: Consequences and remedies in case of default by either party
12. General Provisions: Standard contract clauses including notices, governing law, and dispute resolution
1. Existing Leases: Details of any existing leases or tenancies that will continue post-settlement
2. Sharemilking Arrangements: Terms relating to existing sharemilking contracts if applicable
3. Environmental Compliance: Specific provisions regarding environmental obligations and compliance
4. Water Rights: Details of water rights and allocations if separate from general property rights
5. Stock Transfer: Terms for transfer of livestock if included in the sale
6. Employee Transfer: Provisions for existing farm employees if their employment is to be transferred
7. Fonterra Shares: Transfer of Fonterra shares if the farm is a dairy operation
8. GST Zero Rating: Required when both parties are GST registered and property is used for taxable activity
1. Schedule 1: Property Details: Detailed description of land parcels, titles, and legal identifiers
2. Schedule 2: Included Assets: Comprehensive list of plant, equipment, and fixed assets included in sale
3. Schedule 3: Excluded Assets: List of assets specifically excluded from the sale
4. Schedule 4: Stock Inventory: Details of livestock included in sale if applicable
5. Schedule 5: Resource Consents: List of current resource consents and permits
6. Schedule 6: Production Records: Historical production data and farm performance metrics
7. Schedule 7: Environmental Reports: Environmental compliance reports and assessments
8. Appendix A: Land Information Memorandum: LIM report from the local authority
9. Appendix B: Title Documents: Copies of relevant title documents and easements
10. Appendix C: Farm Maps: Detailed maps showing farm boundaries, infrastructure, and key features
Relevant legal definitions
Clauses
Relevant Industries
Agriculture
Dairy Farming
Livestock Farming
Horticulture
Viticulture
Real Estate
Legal Services
Financial Services
Agribusiness
Environmental Services
Relevant Teams
Legal
Real Estate
Rural Banking
Property Services
Agricultural Advisory
Environmental Compliance
Risk Management
Commercial Banking
Rural Valuation
Corporate Advisory
Relevant Roles
Farm Owner
Farm Buyer
Real Estate Agent
Property Lawyer
Rural Property Specialist
Agricultural Consultant
Bank Manager
Rural Finance Manager
Environmental Compliance Officer
Farm Manager
Agricultural Property Valuer
Agribusiness Advisor
Trust Manager
Company Director
Legal Counsel
Conveyancing Lawyer
Find the exact document you need
Commission Sales Agent Agreement
A New Zealand-governed agreement establishing terms between a principal company and commission-based sales agent, including commission structures, territories, and mutual obligations.
Download
Contract To Sell
A New Zealand-compliant legal agreement documenting the terms and conditions for the sale of goods, assets, or property between a seller and buyer.
Download
Sold As Is Contract
A New Zealand-governed contract for the sale of property or goods in their current condition, with the buyer accepting all existing faults and limited warranties.
Download
Farm Purchase Agreement
A New Zealand-governed agreement for the purchase and sale of agricultural property, including land, buildings, and associated farming assets.
Download
Non Compete Agreement Sale Of Business
A New Zealand-governed agreement that prevents a business seller from competing with the sold business, including restrictions on competition, solicitation, and use of confidential information.
Download
Sales Employee Contract
New Zealand-compliant employment agreement template for sales professionals, covering compensation, targets, and employment terms.
Download
Sale Of Business As A Going Concern Agreement
A New Zealand-compliant agreement for the sale and purchase of an operational business as a going concern, covering all aspects of the business transfer.
Download
Product Contract
A New Zealand-governed agreement setting out terms and conditions for product supply, purchase, or distribution, compliant with NZ commercial law.
Download
Business Buy Sell Agreement
A New Zealand-compliant agreement governing the sale and purchase of a business, including terms for asset transfer, warranties, and completion requirements.
Download
Lease To Purchase Contract
A New Zealand-compliant agreement combining a property lease with a future purchase option, setting terms for both lease period and eventual property acquisition.
Download
Real Estate Listing Contract
A New Zealand-compliant agreement authorizing a real estate agent to market and sell property on behalf of the owner, setting out terms, commission, and obligations.
Download
Sales Agency Agreement
A New Zealand-governed agreement establishing terms and conditions between a principal and sales agent for the promotion and sale of products or services.
Download
Furniture Sale Agreement
A New Zealand-compliant agreement for the sale and purchase of furniture, covering product specifications, pricing, delivery terms, and warranties.
Download
Simple Business Purchase Agreement
A New Zealand-governed agreement for the straightforward purchase and sale of a business, outlining key terms and conditions of the transfer.
Download
Sales Rep Contract
A New Zealand-compliant employment agreement for sales representatives, covering sales-specific terms and standard employment provisions.
Download
Export Sale Contract
A New Zealand law-governed contract establishing terms for international sale and export of goods, including delivery, payment, and compliance requirements.
Download
Wholesale Contract
A New Zealand-governed agreement establishing terms for wholesale supply and distribution relationships, including commercial terms and operational requirements.
Download
Restaurant Sale Agreement
A New Zealand-governed agreement for the sale and purchase of a restaurant business, including all assets, licenses, and operational elements.
Download
Owner To Owner House Sale Contract
A New Zealand-compliant legal agreement for direct property sales between private owners, detailing sale terms and conditions under NZ property law.
Download
Rv Purchase Agreement
A New Zealand law-governed agreement for the sale and purchase of a recreational vehicle, including terms, conditions, and warranties.
Download
Private Home Sale Contract
A legally binding agreement under New Zealand law for the private sale and purchase of residential property, outlining all terms and conditions of the transaction.
Download
Simple Land Contract Purchase Agreement
A New Zealand-compliant agreement for the basic purchase and sale of real property, incorporating essential terms and conditions under NZ property law.
Download
Cash Sale House Contract
A New Zealand-compliant agreement for the cash purchase of residential property, following ADLS and REINZ standards.
Download
Sell Land Contract
A legally binding agreement under New Zealand law for the sale and purchase of land, ensuring compliant transfer of property ownership.
Download
Deposit Agreement Of Purchase And Sale
A New Zealand-compliant agreement governing the terms and conditions of property deposit payments and handling in real estate transactions.
Download
Sale Of Sole Proprietorship Business Agreement
A New Zealand-compliant agreement for the sale and purchase of a sole proprietorship business, covering all aspects of ownership transfer and related obligations.
Download
Boat Sales Agreement
A New Zealand-compliant legal agreement for the sale and purchase of marine vessels, including terms, conditions, and ownership transfer requirements.
Download
Offer Agreement
A New Zealand-compliant legal document that formally presents and structures an offer between parties, outlining terms and conditions for acceptance.
Download
Art Sale Contract
New Zealand-governed agreement for the sale and purchase of artwork, ensuring legal compliance and protection for both buyer and seller.
Download
Agency Agreement For The Sale Of Residential Property
A New Zealand-compliant agreement establishing the terms and conditions between a real estate agent and property owner for the sale of residential property.
Download
Non Competition Agreement Sale Of Business
A New Zealand law-governed agreement that restricts a business seller from competing with the sold business, protecting the purchaser's interests following acquisition.
Download
Guaranteed Sale Agreement
A New Zealand-governed agreement where a real estate agency guarantees to purchase a property if it doesn't sell within an agreed timeframe.
Download
Domain Name Sale Agreement
A New Zealand-governed agreement for the sale and transfer of domain name ownership, including terms, conditions, and technical transfer requirements.
Download
As Is Sales Contract
A New Zealand-governed contract for the sale of goods in their current condition without warranties, establishing clear terms for "as is" purchases under NZ law.
Download
Sales Referral Agreement
A New Zealand-compliant agreement establishing terms for business referrals, including compensation structure and parties' obligations.
Download
Restaurant Purchase Agreement
A New Zealand law-governed agreement for the sale and purchase of a restaurant business, including transfer of assets, licenses, and operational rights.
Download
Non Exclusive Sales Representative Agreement
New Zealand-governed agreement appointing a non-exclusive sales representative to sell products/services within a defined territory.
Download
Motorcycle Sales Agreement
A New Zealand-compliant legal agreement for the sale and purchase of motorcycles, ensuring protection for both buyer and seller under NZ law.
Download
Loan Sale Agreement
A New Zealand law-governed agreement for the sale and transfer of loans between financial institutions, compliant with local financial services regulations.
Download
Independent Sales Contractor Agreement
A New Zealand-compliant agreement establishing the terms and conditions between a company and an independent sales contractor, including commission structures and performance requirements.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)