If you are a farmer or landowner looking to lease farm land, it is important to have a solid rental agreement in place. This agreement should clearly outline the terms and conditions of the lease, such as the duration of the lease, rent amount, and any restrictions or requirements for the use of the land.
To help you get started, we have put together a sample farm land rental agreement that includes some essential clauses.
Farm Land Rental Agreement Sample:
This agreement made on [date], between [landowner’s name and address], hereafter referred to as “Landlord”, and [tenant’s name and address], hereafter referred to as “Tenant”.
1. Term: The lease shall commence on [date] and shall continue for a term of [duration of lease] unless extended by mutual agreement of the parties.
2. Rent: Tenant agrees to pay Landlord [rent amount] per [week/month/year] for the right to occupy and use the farm land described in Exhibit A attached hereto. Rent shall be paid on or before the [day] of each [week/month/year].
3. Use of Land: Tenant agrees to use the farm land for agricultural purposes only and to comply with all federal, state, and local laws and regulations regarding the use of such land.
4. Maintenance and Repairs: Tenant shall maintain the farm land in good condition and repair during the lease term. Tenant will be responsible for all repairs resulting from misuse or neglect of the land or any structures located thereon.
5. Insurance: Tenant shall maintain liability insurance covering all operations conducted on the farm land during the lease term.
6. Assignment and Subletting: Tenant shall not assign or sublet the farm land or any part thereof without the prior written consent of Landlord.
7. Termination: Either party may terminate this lease upon [notice period] days’ written notice to the other party. Tenant agrees to surrender the farm land to Landlord in good repair and condition upon expiration or termination of the lease.
8. Governing Law: This lease shall be governed by and construed in accordance with the laws of the state of [state], and any disputes arising hereunder shall be resolved in the courts of such state.
This sample farm land rental agreement is just a starting point – depending on your specific needs, there may be additional clauses or provisions that need to be included. It is always recommended to have a legal professional review your rental agreement before signing to ensure that it meets your needs and protects your interests.
Remember, a well-drafted rental agreement can help prevent misunderstandings and disputes down the road, so take the time to get it right from the start.