Farm Lease Contract

    

Farm Lease Contract

_______________________ (hereafter "Lessor") and ___________________________ (hereafter "Lessee") hereby enter into a lease agreement under the following terms:

Lessor shall convey to Lessee use of the premises at:

____________________________________________________________________________

The term of this lease shall be from {MM/DD/YYYY} until {MM/DD/YYYY} at midnight on each date. The Lessee will retain a renewal option until {#} days before the termination date.

The Lessee is obligated to pay Lessor a total of {$XX} for the rights conveyed under this lease. The amount will be paid in monthly installments of {$XX} per month. If not paid within {#} days, a late fee of {$XX} will apply.

The Lessee shall put down a security deposit in the amount of {$XX}, which will be distributed for damages and repairs as required by law.

The rental of the premises is intended solely for the production and maintenance of crops and/or livestock. The Lessee will plant, reap and sow according to the state's established law and will seed as many acres of crop as were found upon the commencement of the lease.

The Lessee shall indemnify and hold harmless the Lessor in case of liability, damages, drought, disease or blight. All liens or claims shall be dealt with at the Lessee's expense.

The Lessor will provide the following establishments and structures for the Lessee's use: {Establishments}

The Lessee shall not use the following crops, chemicals, machinery or equipment: {Restricted Items}

The Lessor shall pay for insurance with the following conditions: {Conditions}

The Lessee shall pay for insurance with the following conditions: {Conditions}

The Lessee shall be responsible for the cost of tools, equipment, farming, pesticides, utilities and the following taxes: {Taxes}

The Lessor shall be responsible for maintenance and repairs of provided establishments and structures, as well as the following taxes: {Taxes}

The Lessee shall make no alterations without written consent of the Lessor and will obtain and maintain all necessary permits for equipment and business purposes.

The Lessee/Lessor shall have the right to terminate the lease with a {#} day notice under the following conditions: {Conditions}

Upon expiration or termination of this lease, Lessee shall return the property to Lessor in substantially the same condition in which the property was received by Lessee.

In witness to their agreement to the terms of this contract, the parties affix their signatures below:

____________________________________
Lessor, signature & date

_____________________________
Address

________________________
City, state, ZIP

____________________________________
Lessee, signature & date

_____________________________
Address

________________________
City, state, ZIP

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