Fixed Cash Farm Lease Example NCFMEC-01AFixed Cash Farm Lease • June 28th, 2024
PLEASE READ: This form offers a starting point for a fixed cash farm lease and does not replace the need for legal advice. This lease does not include provisions for a flexible cash rent; parties desiring a flexible rent should consult with an attorney for specific flexible rent language. Be aware that state laws vary and can have specific legal requirements for farmland leases. Also note that individual factors can raise unique legal and economic issues in a leasing situation. Some terms in this lease offer different options that require the parties to choose the preferred option. Each party should refer to an agricultural attorney and accountant in the applicable state to review the lease agreement and its options. Also refer to an attorney to confirm that the lease follows state law and that the parties meet state legal requirements for signing the lease.
Illinois Fixed Cash Farm Lease (Short Form for One Year)Fixed Cash Farm Lease • November 25th, 2014
To use this lease form: Complete two identical copies – one for the Lessor (Landowner) and one for the Lessee (Tenant). Cross out or delete any provisions that are not to become a part of the contract and add any additional provisions that are desired. This lease form is available on the farmdoc website at www.farmdoc.illinois.edu/legal/CashLeaseShortFormDLU14-1201.pdf and www.farmdoc.illinois.edu/legal/CashLeaseShortFormDLU14-1201.doc. A discussion of this form can be found On-Line at http://farmdocdaily.illinois.edu/2014/11/discussion-of-fixed-cash-lease.html. Additional leasing information can be found in the Management Section of the farmdoc Website (http://www.farmdoc.illinois.edu/manage/). Note: A lease creates and alters legal rights; thus, Landowners and Tenants should strongly consider discussing lease provisions with their respective legal advisors.
