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).

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. • Part of the rent may be required to be paid in advance of crop sales.

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.

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).

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).

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).. 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. • Part of the rent may be required to be paid in advance of crop sales. • The landlord has less influence on a tenant's cropping decisions. • Leases are generally short term due to periodic changes in grain prices. • The landlord will not immediately feel the effects of extreme fluctuations in yields and prices. • The cash rental amount can be determined using the income or crop share approach, but is usually established by going rates in an area. These going rates are influenced by land productivity, suitability to certain crops, yield histories and current market prices for the relevant crops, as well as supply and demand for rental land in the community. • The cash lease agreement should specify the date(s) on which the rent is due and payable; and the rights of the landlord to recover the payment of rent. In addition to the rights provided by The Real Property Act, a landlord should specify the actions he can take to recover the debt, such as seizure of the crop and grain. C.

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).

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).