Legal-Ease: Components of a good farmland lease

Many landlords and tenants could benefit from better farmland leases. Sometimes, the seemingly simple act of defining each party may be more complex than one assumes.

More complicated agreements such as “hybrid leases,” which contain elements of cash rent and crop-share, rely on formulating payments based on yield and crop prices. Other basic items such as lease duration or payment schedule could create pitfalls if both parties have not clearly established them. A good farmland lease will address these concerns, among others.

Legal-Ease: New manure laws start June 21

A new law will go into affect in a few months that will necessitate that most farmers monitor the weather before spreading manure. While several applications and farming operations are exempt from the ruling, farmers in northwest and west central Ohio will be under more specific requirements when it comes to spreading manure.

Legal-Ease: Structuring your farmland lease

Farming is increasingly a risky venture, but farmland leases can provide great opportunity for both farmers and landlords. Traditionally farmers have the option of cash rent or crop-share when it comes to farmland lease arrangements. Hybrid leases have become more popular in northwest Ohio in the past few years as well. Plenty of choices exist in structuring farmland leases today, and it’s important to choose the right option for your situation.

Legal-Ease: Should my farm lease be in writing?

Crop yields in recent years have made farmland leases a necessity for a responsible farmer. While these leases should be in writing, some states (including Ohio) accept verbal leases.

When a lease isn’t in writing and on record at the county courthouse, people other than the tenant and landlord may not be required to honor the lease.

There is also an Ohio law that requires any farmland leases longer than three years to be notarized and recorded at the county courthouse.