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Farm Lease Agreement

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farm lease agreement 

Farm Lease Agreement

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Summary: This farm lease documents the terms and conditions of leasing farm land. A farm lease differs from other types of real estate leases in that the land under a farm lease usually generates revenue. This revenue may or may not be used to pay the farm lease rent. Also, farm land is often subject to changes that also must be allowed or disallowed in a legal document. This farm lease documents and formalizes all arrangements that need to be considered when leasing farm land.

 

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Cash Rent Farm Lease

Owner: __________________________   Operator: _______________________ Year: ______

  1. Legal Description of Farm Property:

 

  1. Term of Lease:  Beginning March 1st, 20xx,  and ending the last day of February, 20xx.  Continuing thereafter from year to year, unless terminated by either party according to (Name of State) Law on or before September 1st effective the following March 1st. 
  1. There are _________   contract acres available according to county records.

 

The following housing, buildings and storage structures located on the Real Estate may be used by the Operator for the following purposes:

       Structure              Purpose 

    

                                                                     
 
 
 

                                                                      

In the event of damage or destruction of buildings or structures listed above the Owner will have the option to replace them or provide their functional equivalent operator for the purpose described above within a reasonable period of time, or make adjustments to the terms of this lease in lieu of replacement.

  1. Cash Rent Operator agrees to pay the Owner cash rent for the use of part or all of the Real Estate as follows:

 
 

            Description                                         Amount

            Cropland               acres   @ $             $            

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