Flexible Lease Agreements Offer Alternatives

  • Flexible cash rental lease is potentially fairer to both the landlord and the farm operator
  • Best way to establish base rental rate is to have a rental rate per acre that is agreeable to both landlord and farm operator
  • Flexible lease agreements, as well as all land rental contracts, should be finalized with a written agreement

Iowa State University has some very good resources on flexible cash leases and written cash rental lease contracts, including sample cash rental contracts, which are available on their Ag Decision Maker website. For additional information on flexible land rental leases, send an e-mail to Kent Thiesse (kent.thiesse@minnstarbank.com).

Editor’s note: Kent Thiesse is a former University of Minnesota Extension educator and now is Vice President of MinnStar Bank, Lake Crystal, MN. You can contact him at 507-726-2137 or via e-mail at kent.thiesse@minnstarbank.com.

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