Indiana Cash Farm LeaseCash Farm Lease • May 29th, 2002
Contract Type FiledMay 29th, 2002A written cash farm lease agreement serves two functions. First, it provides a record of the specific agree- ment. While an oral lease is valid and widely used, disagreements can arise because of forgetfulness, a misunderstanding of exactly what was agreed upon, or the death of one of the parties to the lease. The process of writing an agreement tends to prevent oversights and misunderstandings, improve communication between the parties, and provide specifics regarding the parties’ intentions and a written record for heirs.