COLUMBUS — Close to sixty percent of the cropland in the north central region of the United States (including Ohio) is rented. Leasing methods, laws and rental rate discovery are important topics to land owners and land operators.
The North Central Farm Management Extension Committee has recently updated several lease bulletins and lease templates that may be valuable tools for folks engaged in lease negotiations. These new bulletins and sample farm lease forms are now available online at the AgLease101.org website.
AgLease101.org hosts these educational bulletins for land owners and land operators. These bulletins provide information on how landowners and operators may successfully establish equitable cash rental rates, and resolve issues to avoid legal risk.
They also contain sections on “putting flexibility in the cash-rent arrangement” and suggestions on how to put a farm lease in writing. AgLease101 is online at: http://www.aglease101.org/ The “Document Library” within AgLease101 contains the newly revised bulletins and sample leases in pdf format for free download and use.
The sample lease forms are all in a fillable pdf format to allow users to input their own lease values and other specifics. Revised Lease Bulletins include: Fixed and Flexible Cash Rental Arrangements For Your Farm (NCFMEC-01), Crop Share Rental Arrangements For Your Farm (NCFMEC-02), and Pasture Rental Arrangements For Your Farm (NCFMEC-03).
Newly revised sample leases include: Fixed and Flexible Cash Rental Arrangements For Your Farm (NCFMEC-01A) Crop Share Rental Arrangements For Your Farm (NCFMEC-02A), and Pasture Rental Arrangements For Your Farm (NCFMEC-03A).
AgLease101 also includes a section of “Frequently Asked Questions” (FAQ) and a section “For Educators” that includes curriculum, teaching materials and web resources that can be used by state and county level Extension educators to conduct producer land rent/leasing workshops.
AgLease101 was created by a team of economists and attorneys as a part of the North Central Farm Management Extension Committee. The North Central Farm Management Extension Committee is comprised of Extension Educators from the North Central Region of the United States.
They provide leadership in the development of high quality research based extension programs and publications that anticipate and meet the ever changing business management educational needs of agricultural producers and landowners of the North Central States.
Their programs and publications capitalize on the expertise of farm management faculty from throughout the region and country.