Respecting the Renter
Nearly 40% of farmland in Saskatchewan, 30% in Alberta, and over 25% in Manitoba is rented rather than owned. That means renters play a central role in many farmland transactions — and being fair to them is just as important as ensuring landowners receive fair market value. In this episode of The Farmland Exchange, host Devon Davidson is joined by Roy Carter (CEO of CLHbid.com), and Ryan Lang (COO of CLHbid.com), to explore how CLHbid.com balances renter rights, landowner interests, and the realities of the marketplace.
We’ll explore:
✅ Why long-term leases often reduce farmland sale value.
✅ How active farmers and investors view farmland purchases differently when leases are in place.
✅ Complexities of unwinding long-standing renter relationships
✅ How CLHbid.com’s process differs from traditional sealed-bid tenders
✅ The role of the Offer to Purchase (OTP) in providing terms that protect renters during transitions.
✅ Safeguards for renters around crop removal, personal property, and compensation for fall inputs.
✅ How renter improvements, like underseeding or crop rotations, can be handled fairly when a sale occurs.
✅ Striking the right balance between respecting renters and delivering maximum value to landowners.
If you’ve ever wondered how farmland sales can be structured to respect both landowners and renters, this episode is for you!
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