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Video instructions and help with filling out and completing agricultural land for lease in colorado
Anatomy of a good farm lease I hope every one of you that are renting land have a written lease if you don't this would be the first good step that you make that's all you took away from this today then I think it was well worth every lease should be in writing and if you need a rent lease I will promote farm doc numerous nights today it is best website to go to for landowners he releases should have the name of the dresses of the tenant landlord you should have the legal description in terms of leases in a single year leases in a multi-year lease the rents or the compensation how is that going to be determined that should be in the lease the lease is only for a year some many leases have the right reentry and with all of the lease is not going to be renewed then you have the right to get back to get onto the property or have someone else take care of the fawn work after LaMarcus has been done and then biting on ears it's a legal type of wording that if something were to having to do and it went to your kids or to the spouse those contracts automatically fall over to the surviving party in theirs we're going to cover the several leases areas pretty much touched base on all these are the only one that I'm able to add to a little bit some custom farming contract that has been in use for a number of years but we're going to with these are the four types of leases that are fairly common in our area if we look at the various types of at least just some information from the Illinois Society for management appraisers it it touches based on the percentage of how these leases are being used and if I combine the crime share theses the first three year basically some form of a drop share that be placed about 44% of all leases cash rent leases the traditional and variable come up be around 30 percent and the variable for the custom is around nine percent the custom leases have been fairly consistent in that area at ten percent range there hasn't been much of a change over the last four years of big-nose the one lease that is have gained a little more popularity that very touched on its the variable cash rent and right now that is around seventeen percent and that's increased about two percent over the last year we'll have some new numbers next week to see if there's been any changes and these numbers come from the farm managers here in the state of Illinois real briefly this is kind of one on one lease itself for those of you that you know I've already know this bear with us will move through this the crop she releases were the owner and operated.