A guide for solving farm rental problems in Iowa
Bulletin P: Volume 6, Issue 119
This bulletin provides suggestions for use by Iowa farm tenants and landlords when working out solutions to their farm rental problems.
Some of these problems are: finding the right tenant and the right farm; choosing the most appropriate type of lease; sharing farm income and expense; selecting the most useful lease provisions; determining what the rent shall be; getting needed improvements; and drawing the lease so that it will accommodate new farming practices and so that it will comply with Iowa law.
There are four main types of farm leases used in Iowa. They are (1) cash, (2) crop-share; (3) livestock-share and (4) labor-share. All four lease types are used in every county in the state. However, some areas show a strong preference for one type of lease over the others.