Starting next year, the entrustment fee for agricultural land lease trustee business for farmers will be completely abolished.

Published 2025년 12월 29일

Tridge summary

[Rural Economy and Fisheries Newspaper=Park Se-jun, reporter] Starting next year, the agency fee imposed on farmers who entrust their farmland to the Korea Rural Community Corporation's farmland bank for lease will be abolished. The Rural Community Corporation announced that it will completely abolish the agency fee for the 'farmland lease trust business' for farmers starting January 1st of next year. The farmland lease trust business is an initiative where the Rural Community Corporation, on behalf of landowners who find it difficult to manage their land themselves, entrusts their farmland to full-time farmers or other actual cultivators for long-term lease. The Rural Community Corporation has been promoting this business through the farmland bank since 2005 to ensure efficient use of farmland, charging farmland owners an agency fee of 2.5 to 5 percent of the annual lease fee for post-management and other business management.

Original content

Starting next year, the commission fee imposed on farmers who entrust their farmland to the Rural Development Administration's farmland bank for lease will be abolished. The Rural Development Administration announced that it will completely abolish the commission fee for the "farmland lease trust business" targeting farmers starting January 1, next year. The farmland lease trust business is an initiative where the Rural Development Administration acts as a trustee for landowners who find it difficult to manage their farmland, leasing it to full-time farmers or actual cultivators for an extended period. The Rural Development Administration has been promoting this business through the farmland bank since 2005 to ensure efficient use of farmland, charging landowners an annual commission fee of 2.5% to 5% of the rental fee as a fee for post-management and other business management purposes. To alleviate the burden on farmers, the Rural Development Administration significantly reduced ...

Source: Aflnews