Library
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Summary
Although a farm tenant and landowner are free to include whatever provisions they wish in a lease contract, many people want to know what practices are customary or common in their region. Practices that are widely followed are usuallyconsidered to treat landowner and tenant fairly. However, individual circumstances may justify arrangements that are different from the majority of cases. Any lease must be evaluated as a whole, not by its individual parts. The general principle to follow is to divide the crop (and other income) in the same proportion as total costs are shared.
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Details
Organization Iowa State University Extension Publisher Iowa State University Published July, 2014 Material Type Written Material -
Filed Under