Common use of Crop Share Lease Clause in Contracts

Crop Share Lease. The share arrangement could be either the traditional one-third crop share or a crop share based on the cost contributions of the landlord and tenant. The landlord may share in the payment of crop inputs (fertilizer and chemicals) in the same proportion as the crop is shared. For more information on estimating crop share rentals refer to: Crop Share Lease Calculator. The crop share lease agreement could clarify and define the landlord's and tenant's rights and responsibilities regarding the following areas: Influence on Cropping Decisions - A landlord may wish to influence the cropping decisions and production practices of a tenant to maintain the quality and condition of the land. Use of Fertilizer and Chemicals - Both parties should agree on the amount of crop inputs to be applied and how the costs are to be shared. Crop Insurance Coverage - Hail insurance can be taken separately by both the tenant and landlord, provided that both have an all-risk contract. AgriInsurance provided by the Manitoba Agricultural Services Corporation is available to any person who is actually engaged in farming in Manitoba, as well as to the landlord who has a direct financial interest in the crop. In order for the landlord to be eligible for AgriInsurance, the payment of rent, as specified in the Crop Share Lease Agreement, must be based entirely on a share or portion of the crop and may not include any cash per acre, cash per bushel or other similar arrangement for payment. If the rent is based on anything other than or in addition to crop share, then the landlord is not eligible for crop insurance. Delivery and Sale of Grain - Both parties should agree on who will have the responsibility for delivery and sale of grain. Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage).

Appears in 2 contracts

Samples: Share Lease Agreement, Share Lease Agreement

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Crop Share Lease. The share arrangement could be either the traditional one-third crop share or a crop share based on the cost contributions of the landlord and tenant. The landlord may share in the payment of crop inputs (fertilizer and chemicals) in the same proportion as the crop is shared. For more information on estimating crop share rentals refer to: Crop Share Lease Calculator. The crop share lease agreement could clarify and define the landlord's and tenant's rights and responsibilities regarding the following areas: Influence on Cropping Decisions - A landlord may wish to influence the cropping decisions and production practices of a tenant to maintain the quality and condition of the land. Use of Fertilizer and Chemicals - Both parties should agree on the amount of crop inputs to be applied and how the costs are to be shared. Crop Insurance Coverage - Hail insurance can be taken separately by both the tenant and landlord, provided that both have an all-risk contract. AgriInsurance provided by the Manitoba Agricultural Services Corporation is available to any person who is actually engaged in farming in Manitoba, as well as to the landlord who has a direct financial interest in the crop. In order for the landlord to be eligible for AgriInsurance, the payment of rent, as specified in the Crop Share Lease Agreement, must be based entirely on a share or portion of the crop and may not include any cash per acre, cash per bushel or other similar arrangement for payment. If the rent is based on anything other than or in addition to crop share, then the landlord is not eligible for crop insurance. Delivery and Sale of Grain - Both parties should agree on who will have the responsibility for delivery and sale of grain. Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage).

Appears in 1 contract

Samples: Share Lease Agreement

Crop Share Lease. The share arrangement could be either the traditional one-third crop share or a crop share based on the cost contributions of the landlord and tenant. The landlord may share in the payment of crop inputs (fertilizer and chemicals) in the same proportion as the crop is shared. For more information on estimating crop share rentals refer to: Crop Share Lease Calculator. The crop share lease agreement could clarify and define the landlord's and tenant's rights and responsibilities regarding the following areas: Influence on Cropping Decisions - A landlord may wish to influence the cropping decisions and production practices of a tenant to maintain the quality and condition of the land. Use of Fertilizer and Chemicals - Both parties should agree on the amount of crop inputs to be applied and how the costs are to be shared. Crop Insurance Coverage - Hail insurance can be taken separately by both the tenant and landlord, provided that both have an all-risk contract. AgriInsurance provided by the Manitoba Agricultural Services Corporation is available to any person who is actually engaged in farming in Manitoba, as well as to the landlord who has a direct financial interest in the crop. In order for the landlord to be eligible for AgriInsurance, the payment of rent, as specified in the Crop Share Lease Agreement, must be based entirely on a share or portion of the crop and may not include any cash per acre, cash per bushel or other similar arrangement for payment. If the rent is based on anything other than or in addition to crop share, then the landlord is not eligible for crop insurance. Delivery and Sale of Grain - Both parties should agree on who will have the responsibility for delivery and sale of grain. Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage).

Appears in 1 contract

Samples: Cash Lease Agreement

Crop Share Lease. The share arrangement could be either the traditional one-third crop share or a crop share based on the cost contributions of the landlord and tenant. The landlord may share in the payment of crop inputs (fertilizer and chemicals) in the same proportion as the crop is shared. For more information on estimating crop share rentals refer to: Crop Share Lease Calculator. The crop share lease agreement could clarify and define the landlord's and tenant's rights and responsibilities regarding the following areas: Influence on Cropping Decisions - A landlord may wish to influence the cropping decisions and production practices of a tenant to maintain the quality and condition of the land. Use of Fertilizer and Chemicals - Both parties should agree on the amount of crop inputs to be applied and how the costs are to be shared. Crop Insurance Coverage - Hail insurance can be taken separately by both the tenant and landlord, provided that both have an all-all risk contract. AgriInsurance provided by the Manitoba Agricultural Services Corporation is available to any person who is actually engaged in farming in Manitoba, as well as to the landlord who has a direct financial interest in the crop. In order for the landlord to be eligible for AgriInsurance, the payment of rent, as specified in the Crop Share Lease Agreement, must be based entirely on a share or portion of the crop and may not include any cash per acre, cash per bushel or other similar arrangement for payment. If the rent is based on anything other than or in addition to crop share, then the landlord is not eligible for crop insurance. Delivery and Sale of Grain - Both parties should agree on who will have the responsibility for delivery and sale of grain. Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage). B. Cash Lease In a cash lease, the tenant will pay a fixed cash payment to the landlord for the use of the land and facilities. The tenant will receive all of the income and pay all his own expenses. The cash lease is suited for absentee landlords and those who wish to have a stable income. Considerations:  The landlord can receive a guaranteed return.  The tenant has more flexibility and independence in production and management decisions.  The results of the tenant's superior farming skill are not shared with the landlord.  Detailed records on crop yields and inputs are not required.  The tenant assumes all production and marketing risk.

Appears in 1 contract

Samples: Lease Agreement

Crop Share Lease. The share arrangement could be either the traditional one-third crop share or a crop share based on the cost contributions of the landlord and tenant. The landlord may share in the payment of crop inputs (fertilizer and chemicals) in the same proportion as the crop is shared. For more information on estimating crop share rentals refer to: Crop Share Lease Calculator. The crop share lease agreement could clarify and define the landlord's and tenant's rights and responsibilities regarding the following areas: Influence on Cropping Decisions - A landlord may wish to influence the cropping decisions and production practices of a tenant to maintain the quality and condition of the land. Use of Fertilizer and Chemicals - Both parties should agree on the amount of crop inputs to be applied and how the costs are to be shared. Crop Insurance Coverage - Hail insurance can be taken separately by both the tenant and landlord, provided that both have an all-risk contract. AgriInsurance provided by the Manitoba Agricultural Services Corporation is available to any person who is actually engaged in farming in Manitoba, as well as to the landlord who has a direct financial interest in the crop. In order for the landlord to be eligible for AgriInsurance, the payment of rent, as specified in the Crop Share Lease Agreement, must be based entirely on a share or portion of the crop and may not include any cash per acre, cash per bushel or other similar arrangement for payment. If the rent is based on anything other than or in addition to crop share, then the landlord is not eligible for crop insurance. Delivery and Sale of Grain - Both parties should agree on who will have the responsibility for delivery and sale of grain. Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage).

Appears in 1 contract

Samples: Cash Lease Agreement

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Crop Share Lease. The share arrangement could be either the traditional one-third crop share or a crop share based on the cost contributions of the landlord and tenant. The landlord may share in the payment of crop inputs (fertilizer and chemicals) in the same proportion as the crop is shared. For more information on estimating crop share rentals refer to: Crop Share Lease Calculator. The crop share lease agreement could clarify and define the landlord's and tenant's rights and responsibilities regarding the following areas: Influence on Cropping Decisions - A landlord may wish to influence the cropping decisions and production practices of a tenant to maintain the quality and condition of the land. Use of Fertilizer and Chemicals - Both parties should agree on the amount of crop inputs to be applied and how the costs are to be shared. Crop Insurance Coverage - Hail insurance can be taken separately by both the tenant and landlord, provided that both have an all-all risk contract. AgriInsurance All risk crop insurance provided by the Manitoba Agricultural Services Crop Insurance Corporation is available to any person who is actually engaged in farming in Manitoba, as well as to the landlord who has a direct financial interest in the crop. In order for the landlord to be eligible for AgriInsuranceCrop Insurance, the payment of rent, as specified in the Crop Share Lease Agreement, must be based entirely on a share or portion of the crop and may not include any "cash per acre", "cash per bushel bushel" or other similar arrangement for payment. If the rent is based on anything other than or in addition to crop share, then the landlord is not eligible for crop insurance. Delivery and Sale of Grain - Both parties should agree on who will have the responsibility for delivery and sale of grain. Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage).

Appears in 1 contract

Samples: www.manitoba.ca

Crop Share Lease. The share arrangement could be either the traditional one-third crop share or a crop share based on the cost contributions of the landlord and tenant. The landlord may share in the payment of crop inputs (fertilizer and chemicals) in the same proportion as the crop is shared. For more information on estimating crop share rentals refer to: Crop Share Lease Calculator. The crop share lease agreement could clarify and define the landlord's and tenant's rights and responsibilities regarding the following areas: Influence on Cropping Decisions - A landlord may wish to influence the cropping decisions and production practices of a tenant to maintain the quality and condition of the land. Use of Fertilizer and Chemicals - Both parties should agree on the amount of crop inputs to be applied and how the costs are to be shared. Crop Insurance Coverage - Hail insurance can be taken separately by both the tenant and landlord, provided that both have an all-risk contract. AgriInsurance provided by the Manitoba Agricultural Services Corporation is available to any person who is actually engaged in farming in Manitoba, as well as to the landlord who has a direct financial interest in the crop. In order for the landlord to be eligible for AgriInsurance, the payment of rent, as specified in the Crop Share Lease Agreement, must be based entirely on a share or portion of the crop and may not include any cash per acre, cash per bushel or other similar arrangement for payment. If the rent is based on anything other than or in addition to crop share, then the landlord is not eligible for crop insurance. Delivery and Sale of Grain - Both parties should agree on who will have the responsibility for delivery and sale of grain. Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage).

Appears in 1 contract

Samples: Share Lease Agreement

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