HUNTING LEASE OPPORTUNITIES
Leasing land for hunting purposes is a common practice in the Southeastern
United States; however, it is a relatively new concept here in the Northeast.
Due to increased posting of private lands, hunting enthusiasts are finding it
difficult to locate property where hunting is allowed. Therefore, many
hunters are forming organizations that lease lands with exclusive hunting
rights. While hunting leases are not the "norm" in the Northeast at this
time, it is simply a matter of time. It is not a matter of "if", but is a
matter of "when".
pay the landowner
$2.00 and $7.00
Property owners are discovering that in most cases, it is advantageous to
lease their lands to these hunting organizations. Hunting leases pay the
landowner on average between $2.00 and $7.00 per acre, which provides an income
to the landowner that can be applied to property taxes. Just as
importantly to most landowners, the lessees police the property and take a
vested interest in how the property is treated. As part of the lease, most
organizations post the land and maintain the posting on an annual basis.
Lease organizations also honor the wishes of the landowner and are courteous
hunters. They understand that the lease can be revoked at any time, and they do
not want to be the reason for a lost hunting lease that will affect a number of
Hunting leases can contain as many limitations as the owner desires.
For example, a landowner may be an avid grouse hunter, but not a deer hunter.
Therefore, the lease could be for deer hunting only in order to allow the
landowner the opportunity to generate an income from a lease, while maintaining
exclusive grouse hunting rights. The lease could also dictate location and
date limits on hunting.
NEFCo is exploring the concept of forming a co-operative hunting lease
program for our clients. While many of the details need to be formulated,
the basic concept is to pool multiple parcels that have similar lease parameters
and market these hunting leases to various hunting organizations. In order
to get a sense of the level of interest in such a program, NEFCo is asking that
any interested party fill out the Information Request Card located within this
newsletter and return it to us. In order for us to know that you are
interested in the hunting lease program, please check the "other" box on the
card and write in "Hunting Lease". After we have received the Information
Request Card and consolidated the participating parcels, we will contact you
with the specifics of the program, as well as offer you the opportunity to
participate. The Information Request Card will not be used as an
authorization to proceed, but it is simply being used to gauge a level of
interest. Even if you are leaning towards not participating, but would
like to know more about the specifics of the program, please submit the
Information Request Card.