Flexible Farm Lease AgreementsJuly 30th, 1999
FiledJuly 30th, 1999Fluctuating markets and uncertain yields make it difficult to arrive at a fair cash rental rate each year. Some owners and tenants have devel- oped flexible lease agreements, as an alterna- tive, in which the actual rent is not determined until after the crop is harvested. The final rental rate is based on actual prices and/or yields.