What is a Lease?



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FORMS OF AGRIC LEASE-1
FORMS OF AGRIC LEASE-1, FORMS OF AGRIC LEASE-1

Crop Share Lease


Under a crop share lease, a tenant pays the landowner a certain percentage of harvested crops. In return, a landlord allows the tenant to use the land and may pay a percentage of certain input costs.
The percentage of both crops and selected expenses are usually based on local custom. For example, tenant agrees to crop share rent landlord's farm for corn production.

Terms of such a lease might require tenant to give landlord 25 percent of the corn crop produced on landlord's farm, in exchange for use of the farm and landlord paying 25 percent of the drying and herbicide costs.



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