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Illinois Crop Share Cash Farm Lease FarmDoc  Form

Illinois Crop Share Cash Farm Lease FarmDoc Form

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this is gary schnitke and this is a farm doc insight on what is a cash rent lease a cash rent lease is the most used ways of controlling rented in ground in illinois and for that matter the nation it's an agreement between the land owner and farm tenant on how the farmer will compensate the landowner these agreements are typically one year only but they have conditions in them that allow them to be automatically renewed some of these leases are two three and five years in length written leases are the best and we highly recommend leases and have those leases on farm dock but if we don't have a written lease october 31st is the notice date by that date either the farmer or landowner have to provide the other party with notice that the lease is going to be terminated there are actually two types of cash rent leases a fixed cash rent which is what we are talking about in this video and there are other cash rents that are variable in nature fixed cash rent you agree on a nu

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