Common Contracts
1 similar Share Lease Agreement contracts
SAMPLE CROP SHARE LEASE AGREEMENTShare Lease Agreement • July 9th, 2024
accountant or farm management advisor should be consulted before entering into any custom farming arrangement or lease which contains a bargain purchase option. D. Legal Rights in Leasing Land • A lease is enforceable in court, providing a valid contract exists. If the tenant has paid rent, or has done field work on the leased land, a valid contract exists.• Unless waived in the lease agreement, The Real Property Act gives the tenant the right to have possession of the land without interference from the landowner. The act also gives the landlord the right to repossess and occupy the property if the tenant has not paid the rent for a period of two months from the due date. Landlords should include a term in the lease agreement which allows them to take specific action to recover the rent, such as seizing and selling grain in the field or in storage.• To have an enforceable lease against a new owner, a tenant should register a caveat (legal claim) against the land title of the rent
