Sample Crop Share Agreement

If you`re planning to enter into a crop share agreement, whether as a landlord or a tenant, it is essential to have a comprehensive and legally binding agreement in place. A crop share agreement is a type of lease arrangement that allows a tenant to use a piece of land to grow crops in exchange for sharing the harvest with the landlord.

To help you get started, we’ve put together a sample crop share agreement that you can use as a reference:

1. Parties Involved

The agreement should clearly identify both parties involved in the crop share agreement. This includes the landlord and tenant, as well as any additional parties who may need to be involved, such as a hired farm manager.

2. Description of the Land

The agreement should include a description of the land being leased, including location, acreage, soil type, water sources, and any special features or conditions that may affect the crop yield.

3. Term of the Lease

The lease should specify the start and end dates of the lease term, as well as any provisions for renewal or termination.

4. Rent and Share of the Crop

The agreement should outline the payment structure for the lease, including the share of the crop that will be shared with the landlord. As a general rule of thumb, a 50/50 crop share is common, but the agreement can also specify a different share.

5. Maintenance and Improvements

The tenant should be responsible for maintaining the land and making any necessary improvements to ensure optimal crop yield. This includes weed control, fertilization, and any other farm management practices.

6. Insurance

The agreement should specify who is responsible for insuring the crops and the land in case of damage or loss.

7. Dispute Resolution

The agreement should include a section on dispute resolution mechanisms, such as mediation or arbitration, in case a dispute arises between the landlord and tenant.

8. Other Provisions

The agreement can also include other provisions that are relevant to the lease, such as provisions for renewals, transferability, or subleasing.

Having a well-crafted crop share agreement is essential to ensuring a successful and profitable farming venture. Before entering into a crop share agreement, make sure to consult with legal counsel to ensure that all relevant laws and regulations are being followed.