|
USA | Zooks4Life - 3/2/2024 09:02
New to the forum thanks for letting me join. It appears this is the correct section to solicit some input on this topic.
We have done a 1/3-2/3 crop share with our tenant on our home property for the last 25 years. We pay ag line 100%, taxes 100%, 1/3 fertilizer and receive 1/3 of the crop proceeds. (Gov payments also split 1/3-2/3)
My wife recently was turned over (given) some property that is on the other side of town.
1/3-2/3 arrangement also EXCEPT that the tenant is splitting the spraying bill (herbicide, insecticide) bill and sending 1/3 of that to her to pay.
How typical is this arrangement? Seems really good for the tenant. This arrangement has been in place with her parents that maybe weren't as savvy?
Thoughts please or further questions of me?
I would change rent terms on both farms to 80% -20% split. Landowner gets 80% pays 100% of fert, seed, chemicals , lime. Tenant 20% of the crop for planting, spraying, and harvesting the crop. | |
|
- Crop share arrangement, I'm the LL - Zooks4Life : 3/2/2024 10:02
- RE: Crop share arrangement, I'm the LL - D6Joe : 3/2/2024 10:10
- RE: Crop share arrangement, I'm the LL - Indianajones : 3/2/2024 10:17
- RE: Crop share arrangement, I'm the LL - Tex-wcKansas : 3/2/2024 11:32
- RE: Crop share arrangement, I'm the LL - Donald : 3/2/2024 11:54
- RE: Crop share arrangement, I'm the LL - doathlon : 3/2/2024 12:15
- RE: Crop share arrangement, I'm the LL - Farms With CASE : 3/2/2024 12:41
- RE: Crop share arrangement, I'm the LL - HoRFarms : 3/2/2024 12:50
- RE: Crop share arrangement, I'm the LL - DC swIL : 3/2/2024 15:41
- can be a very local thing - RexxT : 3/2/2024 19:13
- RE: Crop share arrangement, I'm the LL - ks_cover_crop : 3/2/2024 19:29
- RE: Crop share arrangement, I'm the LL - 1066smoker : 3/2/2024 19:38
- RE: Crop share arrangement, I'm the LL - Mike SE IL : 3/2/2024 20:20
- RE: Crop share arrangement, I'm the LL - white caddy : 3/2/2024 20:49
- RE: Crop share arrangement, I'm the LL - swne : 3/2/2024 23:10
- RE: Crop share arrangement, I'm the LL - JAR : 3/3/2024 08:05
- RE: Crop share arrangement, I'm the LL - coup : 3/3/2024 09:05
- RE: Crop share arrangement, I'm the LL - Deltamudd : 3/3/2024 09:28
|