Arkansas farmers rely heavily on land leases when it comes to where they grow their products. According to the USDA National Agricultural Statistics Service, 29 percent of all agricultural land in Arkansas is farmed by tenants who do not own the property. Producers and landowners need a basic legal understanding of leases. Their understanding of lease development will be even more important as new types of land leases, such as using land for wind, mineral or solar energy development, become more prevalent in Arkansas. Understanding basic legal principles helps both producers and landowners minimize future risks.
Organization |
University of Arkansas Cooperative Extension Service |
Publisher |
University of Arkansas |
Published |
February, 2013 |
Material Type |
Written Material |