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Open in new window Crop Share Leasing Provisions

Wendong Zhang, Alejandro Plastina, and Wendiam Sawadgo ( July, 2018 )

Summary

Although farm tenants and landowners are free to include whatever provisions they wish in a lease contract, many people want to know what practices are customary or common in their region. Practices that are widely followed are usually considered to treat the landowner and tenant fairly. However, individual circumstances may justify arrangements that are different from the majority of cases. Any lease must be evaluated as a whole, not by its individual parts. The general principle to follow is to divide the crop (and other income) in the same proportion as total costs are shared.


Details

Organization Ag Decision Maker
Publisher Iowa State University
Publication Date July, 2018
Publication Views 510
Material Type Written Material

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