Farm Lease Law & Legal Definition

What is a farm?

Any land used to produce crops, livestock, specialty livestock, or grazing and includes woodland and wasteland not under cultivation or used for pasture or grazing.  According to the US Government, a farm is any place from which $1,000 or more of agricultural products were produced and sold, or normally would have been sold during the census year.

What information is included in a farm lease agreement for cash?

Information listed in a farm lease agreement will include: 

• Date/Contracting Parties/Description of Property, and Term of Lease
• Land Use and Cropping Program
• Amount of Rent and Time of Payment
• Signatures of Parties in Agreement

What information is included in a crop share farm lease? 

Information listed in a crop share farm lease will include:

• The Parties' Shares of Crops and Crop Expenses
• Marketing,Billing, Management and Miscellaneous Provisions
• Date/ Contracting Parties/Description of Property, and Term of Lease
• Land Use and Cropping Program

Home | Search Definitions | Site Map | Customer Service 1-877-389-0141