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Help with Transfer of Entitlements form please

  • 17-04-2012 12:27pm
    #1
    Gilally
    Registered Users Posts: 128 ✭✭


    Number of Entitlements
    Transferred
    Unit Value per Entitlement
    €
    Type of Entitlement
    (Place X in the relevant box)
    Method of Transfer
    [FONT=Times New Roman,Times New Roman][FONT=Times New Roman,Times New Roman](Place X in the relevant box) [/FONT][/FONT]
    Standard/
    Transferred Standard
    Standard (NR)
    Standard Sugarbeet/
    Sugarbeet (NR)
    Sale
    Gift
    Inheritance
    Lease/
    Rental
    [FONT=Times New Roman,Times New Roman][FONT=Times New Roman,Times New Roman](With land only) [/FONT][/FONT]

    We are leasing 8 hectares and the farmer is going to give us entitlements with it, what do I put in the 'number of entitlements' box? is this the amount of hectares? How do I find out the value per entitlement?


Comments

  • #2
    Username John
    Closed Accounts Posts: 4,237 ✭✭✭Username John


    Gilally wrote: »
    Number of Entitlements
    Transferred
    Unit Value per Entitlement
    €
    Type of Entitlement
    (Place X in the relevant box)
    Method of Transfer
    [FONT=Times New Roman,Times New Roman][FONT=Times New Roman,Times New Roman](Place X in the relevant box) [/FONT][/FONT]
    Standard/
    Transferred Standard
    Standard (NR)
    Standard Sugarbeet/
    Sugarbeet (NR)
    Sale
    Gift
    Inheritance
    Lease/
    Rental
    [FONT=Times New Roman,Times New Roman][FONT=Times New Roman,Times New Roman](With land only) [/FONT][/FONT]

    We are leasing 8 hectares and the farmer is going to give us entitlements with it, what do I put in the 'number of entitlements' box? is this the amount of hectares? How do I find out the value per entitlement?

    You need to speak with the farmer you are leasing off.

    Entitlements are almost a commodity - they can be any value. You need to speak with him before you fill out the form saying you are leasing, as I imagine he needs to complete a similar form (maybe the same form?) saying he is renting.


  • #3
    1chippy
    Closed Accounts Posts: 1,716 ✭✭✭1chippy


    Page two of the transfer of entitlements needs both signatures. Entitlements are based per hectare i.e. one entitlement = one hectare. As i said in the other thread you placed, it would be advisable to get some form of ag adviser. you could get his overall entitlement value and divide by the number of hectares but this isnt guaranteed.
    we have different values on different bits of ground.
    for the sake of having all your forms right, i would really recommend getting someone who knows what there at rather than taking advice randomly off boards. its hard for enough filling out the forms when they are in front of you.


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