AG LEASE 101— the website with the skinny on renting land

 

More than half the cropland in the north central region of the United States is rented. Among this crowd, leasing information is so sought after that a team of economists and lawyers created a website with what you need to know.

To find the website, Google Ag Lease 101.

The website helps landowners and land operators discuss and resolve issues to avoid legal risk and guides them to make informed and equitable decisions.

Out of the starting gate, Ag Lease 101 recommends all land deals include a written lease. Why?

The lease provides a good discussion tool for the land owner and operator, helps both parties deal with the unexpected and helps to flesh out specifics of an agreement. Moreover, good fences make good neighbours.