How Do You Rent Farm Land With a Lease Based on Crop Production?
Full Question:
I want to rent about 3 acres of land for agricultural use and both the owner and I have agreed to make payments of the lease based in a percentage of the crop produced on the land (crop sharing based on the FOB price at that moment). I would like to know how can we begin to draw a 1 yr. contract form January 01 to December 31 of 2010. I did not see any agricultural land lease or sharecropping contract models. Please advise.
01/23/2010 |
Category: Landlord Tenant |
State: Florida |
#20577
Answer:
Information listed in a farm lease agreement will typically include:
•Date/Contracting Parties/Description of Property, and Term of Lease
•Land Use and Cropping Program
•Amount of Rent and Time of Payment
•Signatures of Parties in Agreement
Information listed in a crop share farm lease may also include:
•The Parties' Shares of Crops and Crop Expenses
•Marketing,Billing, Management and Miscellaneous Provisions
•Date/ Contracting Parties/Description of Property, and Term of Lease
•Land Use and Cropping Program
