Blank Real Estate Legal Forms Farm Lease

FARM LEASE - CASH OR CROP SHARES

IDENTIFICATION OF PARTIES:

It is agreed between the following parties:

Landlord: Tenant:

           Address:                                                        Address:

Telephone: Telephone:

DESCRIPTION OF PREMISES:

            The landlord shall rent to tenant the following premises described as:
                                                                                                                         ,
situated in                                        County, State of                                   , and
containing                                   acres, more or less.

TERM:

This agreement commences on , 20 , and shall
run to and expire on , 20 .

RENT:

            The tenant shall pay the landlord rent in the amount of $                 , payable as
follows:                                                                                                        ; or, in
the alternative, the tenant shall pay the landlord as rent               % of crops or proceeds
grown on the premises.

USE OF PREMISES:

The tenant shall use the premises for farming or agricultural purposes. The tenant
shall prepare and plant any crops in a timely fashion. The tenant shall only be entitled to
pasture or plow those portions of the premises as designated by the landlord. The tenant

This is not a substitute for legal advice. An attorney must be consulted.
Copyright © 2003 - 2013 by LAWCHEK, LTD.

FARM LEASE FORM cont'd.

agrees to farm the premises in a good and husbandman-like manner, and to seek to obtain
the best crop production that the soil and crop season will allow. Harvest of any crops
planted on the premises shall be done in a timely fashion. If the tenant fails to do so, the
landlord reserves the right, by himself or designated agents, to enter upon the premises and
properly care for and harvest all growing crops, charging the cost of care and harvest to the
tenant, as part of the rent.

CARE AND MAINTENANCE:

The tenant shall care for and maintain the premises including controlling soil erosion
through the maintenance of existing water courses, waterways, ditches, drainage areas,
terraces and tile drains, and the tenant shall abstain from any practice which will cause
damage to the premises. The tenant shall not remove from the premises, nor burn, any
straw, stalks, stubble, or other similar plant materials, all of which are recognized as
property of the landlord. The tenant, however, may use such materials upon the premises
for the farming operations.

TERMINATION OF LEASE:

This lease shall automatically renew upon expiration from year to year, upon the
same terms and conditions as expressed herein, unless either party gives due and timely
written notice to the other of an election not to renew the lease. All notices of termination
of this lease shall be as provided by law. Upon proper notification of termination of this
lease, the tenant shall relinquish possession of the premises to the landlord. In the event
that the tenant fails to do so, the tenant shall pay to the landlord $ per day as
liquidated damages until possession is delivered to the landlord. At the time of termination
of this lease, the tenant shall deliver the premises to the landlord in good order and
condition and in substantially the same condition as it was received by the tenant at the
commencement of this lease, except for excusable or insurable loss by fire, unavoidable
accidents, and ordinary wear and tear.

LABOR AND MATERIAL:

The landlord and tenant agree that the parties shall supply the following labor and
material to the premises for purposes of farming or agricultural operations as follows:

% Landlord % Tenant

            Planting Operations
            Combining and shelling operations
            Commercial fertilizer

This is not a substitute for legal advice. An attorney must be consulted.
Copyright © 2003 - 2013 by LAWCHEK, LTD.

FARM LEASE FORM cont'd.

            Lime and trace material
            Weed control chemicals
            Pest control chemicals
            Weed spraying, weed or pest
            Machinery and equipment
            Cleaned seed
            Other

In the event that the lease is not renewed and the tenant has not received the full
allocated benefits, the tenant shall be reimbursed by the landlord to the extent that the
tenant has not received the full benefit. (Certain federal and state laws may apply to the
use of chemicals, etc. Proper authorities must be consulted.)

LANDLORD’S RIGHT OF ENTRY AND INSPECTION:

The landlord may enter upon the premises at any reasonable time for the purpose of
performing agreed services, inspecting the premises, making repairs, or for other reasonable
purposes. Upon termination of this lease, the landlord may enter upon and plow the
premises after the tenant has completed harvesting of crops.

DEFAULT:

If the landlord or tenant violates the terms of this lease, the other party shall have
the right to pursue all legal and equitable remedies available by law. The tenant’s failure to
pay any rent when due shall cause all unpaid rent to become immediately due and payable,
without notice or demand by the landlord.

RESERVATION OF CRIB AND GRANARY SPACE:

The landlord reserves % of all crib and granary space for storage of the rent
share crops.

LANDLORD’S LIEN AND SECURITY INTEREST:

The tenant agrees, as an element of this lease, to waive and relinquish any rights of
exemption to any of the tenant’s personal property located on the premises from sale or
seizure under distress or execution on property held at the time of the execution of this
lease or thereafter acquired as the tenant’s exemption applies to any claim of the landlord
against the tenant resulting from any violation of any term of this lease. The tenant grants

This is not a substitute for legal advice. An attorney must be consulted.
Copyright © 2003 - 2013 by LAWCHEK, LTD.

FARM LEASE FORM cont'd.

to the landlord, in addition to any existing statutory liens, a security interest as provided in
the Commercial Code of the State of and a contractual lien on all
of the tenant’s exempt and nonexempt personal property kept or used on the premises
including, but not limited to, crops growing or grown on the premises, as security for all
sums due or which will become due from the tenant to the landlord. At the landlord’s
request, the tenant shall provide the landlord with a list of potential buyers of the crops
grown on the premises and shall sign financing statements prepared by the landlord to
perfect the landlord’s liens and security interest. If a potential buyer is requested by the
landlord, the tenant shall not sell any crop grown on the premises to any other buyer.

BUILDINGS AND FIXTURES:

The tenant agrees to maintain hedges and fences in good and proper repair. The
landlord agrees to furnish the necessary materials for repairs that the landlord deems
necessary, and shall furnish the material within a reasonable time after being notified of the
need for repairs. The tenant agrees to haul the materials to the repair site without charge to
the landlord. The tenant agrees to maintain all well, windmill and water systems on the real
estate in good repair at the tenant’s expense, excepting such damage as caused by
windstorm or weather. The landlord makes no guarantee, either express or implied, relative
to continuous or adequate supplies of water for the premises.

IMPROVEMENTS AND ALTERATIONS:

Any and all buildings, fences, improvements, or other alterations constructed or
established upon the premises during the term of the lease by the tenant shall constitute
additional rent and shall become the property of the landlord on expiration or termination of
this lease.

AUTHORIZATION FOR EXPENSES:

The tenant shall not incur any expense for or on account of the landlord without first
obtaining the landlord’s authorization. The tenant shall take no action that might cause a
mechanic’s lien to be established or imposed upon the premises.

GOVERNMENT PROGRAMS:

The landlord shall determine whether the premises shall participate in any offered
program by the United States Department of Agriculture for crop production control or soil
conservation. In the event the landlord elects to participate in such programs, payments
from such participation shall be divided as % for landlord and % for
tenant.

This is not a substitute for legal advice. An attorney must be consulted.
Copyright © 2003 - 2013 by LAWCHEK, LTD.

FARM LEASE FORM cont'd.

DIVIDING AND ACCOUNTING:

The method used for dividing and accounting for the harvested grain shall be the
customary and usual method used in the location in which the premises is located.

CHANGE IN LEASE TERMS:

This lease shall not be altered or modified except in writing and signed by both
parties as an addendum to this lease.

DELAY IN GIVING POSSESSION:

If the landlord does not deliver possession of the premises to the tenant within
fifteen (15) days of commencement of this lease, the landlord or the tenant may
terminate this lease by giving the other party notice in writing.

ATTORNEY FEES AND COURT COSTS:

If the landlord or tenant files suit to enforce any terms of this lease, the prevailing
party shall be entitled to recover court costs and reasonable attorney fees.

ASSIGNMENT AND SUBLETTING:

The tenant shall not assign the tenant’s interest in this lease or the premises without
first obtaining the consent of the landlord.

CONSTRUCTION:

            Words and phrases contained herein, including the acknowledgment, are to be
construed as in the singular or plural and in the appropriate gender according to their
context. This lease agreement shall be interpreted and construed according to the laws of
the State of                                                . Any legal proceeding instituted to enforce
provisions of this lease shall be maintained in                                         County in the
State of                                         .

FARM LEASE FORM cont'd.

NOTICES:

Any notice given pursuant to this lease shall be made in writing and delivered in
person, or be mailed in U.S. mail, registered mail, return receipt requested, to the recipient’s
last known address. The notice provisions of this section shall not apply to notice required
to be given by state law in a specific or particular matter.

ADDITIONAL PROVISIONS:

Dated this of , 20 .

___________________________ ___________________________
TENANT LANDLORD

___________________________ ___________________________
WITNESS WITNESS

Attach Acknowledgment if necessary.