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Fillable Printable Pasture Lease Agreement Template

Fillable Printable Pasture Lease Agreement Template

Pasture Lease Agreement Template

Pasture Lease Agreement Template

1
I. PROPERTY DESCRIPTION
The landlord hereby leases to the tenant, to occupy
and use for pasture purposes, the following described
property: __________________________________
_________________________________________
_________________________________________
_________________________________________
consisting of approximately __________ acres situated
in __________________________ County (Counties),
________________ (State) and on any other land that
the landlord may designate by mutual written agreement.
II. GENERAL TERMS OF LEASE
A. Term. [If a continuing lease is desired, use paragraph
(1) and strike out (2).]
(1)Continuing lease — The term of the lease shall
by _____ year(s), commencing on the ________
day of ______________ , 19_____ , and shall
continue in effect from year to year thereafter (as
an annual lease) unless written notice of
termination is given by either party to the other at
least _____ days prior to expiration of this lease
or the end of any year of continuation. If a definite
term is desired, use paragraph (2) and strike out
paragraph (1). No notice of termination is
necessary if paragraph (2) is used. (Note: State
laws differ on the dur ation of agricultural leases.)
(2)Annual lease — The term of this lease shall be
______ year(s), commencing on the ______ day
of ____________ , 19_____ , and ending on the
______ day of _____________ , 19______.
Pasture Lease
This form can provide the landlord and tenant with a guide for developing
an ag reement to fit their individual situation. This form is not intended to
take the place of legal advice pertaining to contractual relationships
between the two parties. Because of the possibility that an operating
agreement may be legally considered a partnership under certain
conditions, seeking proper legal advice is recommended when developing
such an agreement.
This lease entered into this ___________ day of _______________________ , 19 __________ , between
________________________________, landlord, of ______________________________________________
______________________________________________
(address)
________________________________ , spouse, of ______________________________________________
______________________________________________
(address)
hereafter known as “the landlord,” and
_________________________________ , tenant, of ______________________________________________
______________________________________________
(address)
________________________________ , spouse, of ______________________________________________
______________________________________________
(address)
hereafter known as “the tenant.”
B. Review of lease. A request for general review of the
lease may be made by either party at least ____ days
prior to the final date for giving notice to terminate
the lease.
C. Amendments. Amendments and alterations to this
lease shall be in writing and shall be signed by both
the landlord and tenant.
D. No partnership created. This lease shall not be
deemed to give rise to a partnership relation, and
neither party shall have authority to obligate the other
without written consent, except as specifically
provided in this lease.
E. Binding on heirs. The terms of this lease shall be
binding upon the heirs, executors, administrators, and
successors of both landlord and tenant in like manner
as upon the original parties, except as provided by
mutual written agreement otherwise.
F. Transfer of property. If the landlord should sell or
otherwise transfer title to the farm, such action will
be done subject to the provisions of this lease.
G. Right of entry. The landlord, as well as agents and
employees of the landlord, reserve the right to enter
the farm at any reasonable time for purposes (a) of
consultation with the tenant; (b) of making repairs,
improvements, and inspections; and (c) after notice
of termination of the lease is given, of performing
customary seasonal work, none of which is to
interfere with the tenant in carrying out regular
operations. Landlord also may request right of entry
to hunt and fish.
H. Additional agreements regarding term of lease:
_______________________________________
_______________________________________
_______________________________________
(pasture owner)
(livestock owner)
North Central Regional Extension
Publication No. 109
1
(Revised 1997)
1
For more information see
Pasture Rental Arrangements for Your Farm
, NCR publication number 149.
2
I. Animal units (maximum allowable). Not more than
______ animal units shall be kept in the pasture at
any one time without the express written consent of
the landlord. Deliberate violation of this provision shall
constitute grounds for termination of this lease.
(In general, each 1,000 pounds of average weight
shall be one animal unit. If the pasture owner and
the owner of the livestock prefer, they can use the
following basis for calculating animal units: one bull,
1.25 animal units; one 1,000-pound cow, 1 animal
unit; one yearling steer or heifer, 0.75 animal unit;
calf, 6 months to 1 y ear, 0.5 animal unit; 3 to 6 months,
0.3 animal unit; sheep, 5 per animal unit; horse, 1.25
animal unit.)
Number Number
Stocking rate head animal units
Bulls ................................... ________ ________
Cows .................................. ________ ________
Yearling steers ................... ________ ________
Year ling heifers .................. ________ ________
Calves, 6 to 12 mos. .......... ________ ________
Calves, 3 to 6 mos. ............ ________ ________
Other .................................. ________ ________
III. OPERATION AND MAINTENANCE
A. The livestock owner agrees:
(1) Not to pasture livestock that continue to break
through fences. Should any animal be found
outside the pasture on at least three occasions,
the pasture owner may request its removal.
(2) Not to assign rights and duties under this lease
without the written consent of the pasture owner .
(3) Not to put any cattle in pasture without getting
specific approval from the pasture owner in
advance regarding number, health, sex, breed,
and age.
(4) To furnish health certificates as follows:
____________________________________
____________________________________
____________________________________
____________________________________
____________________________________
____________________________________
B. Both agree:
(1) Not to obligate the other party. Neither party
hereto shall pledge the credit of the other party
hereto for any purpose whatsoever without the
consent of the other party. Neither party shall be
responsible for the debts or liabilities incurred,
or for damages caused by, the other party.
(2) Responsibilities. Additional responsibilities for
each party shall be divided as follows:
Landlord Tenant
Inspect fences not less
than once per ______ . ______ _____
Furnish labor for repair
of fences. ______ _____
Furnish materials for repair
of fences. ______ _____
Supervise supply of water
to livestock. ______ _____
Furnish labor for repair
of water system. ______ _____
Materials for repair
of water system. ______ _____
Furnish salt & mineral ______ _____
Landlord Tenant
Count livestock not less
than once per ______ . ______ _____
Return stray animals
to pasture. ______ _____
Call veterinarian in case
of emergency. ______ _____
Pay veterinary expenses. ______ _____
Provide loading and
unloading facilities. ______ _____
Furnish supplementary
feed, if needed. ______ _____
Notify other party of short-
age in count ______ . ______ _____
Provide facilities for
fly control. ______ _____
Keep fly-control facilities
in w orking order. ______ _____
Liability insurance. ______ _____
(3) Additional agreements:
____________________________________
____________________________________
____________________________________
____________________________________
____________________________________
IV. RENTAL CALCULATIONS
AND PAYMENT SCHEDULE
(Use method I, II, or III and strike out the two
methods not used.)
Method I — The tenant owner agrees to pay $ ______
per acre for use of the property described in
paragraph I. Total rent of $ ______ shall be paid as
follows:
$ ______ on or before ______ day of ______ (month)
$ ______ on or before ______ day of ______ (month)
$ ______ on or before ______ day of ______ (month)
$ ______ on or before ______ day of ______ (month)
If rent is not paid when due, the tenant agrees to
pay interest on the amount of unpaid rent at the
rate of ______ percent per annum from the due date
until paid.
Rental adjustment. Additional agreements in
regard to rental payment:
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
Method II — The livestock owner agrees to pay the rates
outlined in Table 1 (the period may be a month,
pasture season, or year).
The minimum rent shall be $ ______. Such rent
shall be required regardless of whether or not
livestock are actually being pastured. The total rent
of $ ______ (from Table 1) shall be paid as follows:
$ ______ on or before ______ day of ______ (month)
$ ______ on or before ______ day of ______ (month)
$ ______ on or before ______ day of ______ (month)
$ ______ on or before ______ day of ______ (month)
If rent is not paid when due, the tenant agrees to
pay interest on the amount of unpaid rent at the
rate of _____ percent per annum from the due date
until paid.
3
Executed in duplicate on the date first above written:
_________________________________________ _________________________________________
(tenant/livestock owner) (landlord/pasture owner)
_________________________________________ _________________________________________
(tenant’s spouse) (landlord’s spouse)
STATE OF _____________________________
COUNTY OF ___________________________
On this ____________________ day of _________________________ , A.D. 19__________ , before me, the
undersigned, a Notary Public in said State, personally appeared _________________________ ,
_________________________ , _________________________ , and _________________________ to me
known to be the identical persons named in and who executed the foregoing instrument, and acknowledged that
they executed the same as their voluntary act and deed.
_________________________________________
Notary Public
Table 1 — Rental rates
Number Rental rate per period Total rent per period
Bulls .................................................... _______ $ ________________ = $ ______________
Cows ................................................... _______ $ ________________ = $ ______________
Yearling steers .................................... _______ $ ________________ = $ ______________
Year ling heifers ................................... _______ $ ________________ = $ ______________
Calves, 6 to 12 mos. ........................... _______ $ ________________ = $ ______________
Calves, 3 to 6 mos. ............................. _______ $ ________________ = $ ______________
Other ................................................... _______ $ ________________ = $ ______________
TOTAL RENT ........................................................................................................................................... $ ______________
Rental adjustment. Additional agreements in
regard to rental payment:
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
Method III — Other rental arrangements (share-of-gain,
etc.)
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
_______________________________________
V. ARBITRATION OF DIFFERENCES
Any differences between the parties as to their
several rights or obligations under this lease that are
not settled by mutual agreement after thorough
discussion, shall be submitted for arbitration to a
committee of three disinterested persons, one selected
by each party hereto and the third by the two thus
selected. The committee’s decision shall be accepted
by both parties.
North Central Regional Extension publications are subject to peer review and prepared as a part of the Cooperative Extension activities of the thirteen
land-grant universities of the twelve North Central States, in cooperation with the Extension Service—U.S. Department of Agriculture, Washington, D.C.
The following universities cooperated in making this publication available:
University of Illinois
Ag. Publication Office
69 Mumford Hall
Urbana, IL 61801
(217) 333-2007
Purdue University
Publication Mailing Room
301 S. Second Street
Lafayette, IN 47905-1232
(317) 494-6795
Iowa State University
Publications Distribution
Printing & Pub. Bldg.
Ames, IA 50011-3171
(515) 294-5247
Lincoln University
Cooperative Extension Service
900 Moreau Drive
Jefferson City, MO 65101
(314) 681-5557
* Kansas State University
Distribution Center
Umberger Hall
Manhattan, KS 66506-3400
(913) 532-5830
For copies of this publication and other North Central Regional Extension publications, write to: Publications Office, Cooperative Extension Service,
in care of the university listed above for your state. If they do not have copies or your university is not listed above, contact the publishing university
as indicated by an asterisk.
Programs and activities of the Cooperative Extension Service are available to all potential clientele without regard to race, color, national origin, age,
sex, religion, or disability.
In cooperation with the NCR Educational Materials Project.
Issued in furtherance of Cooperative Extension work, Acts of Congress on May 8 and June 30, 1914, in cooperation with the U.S. Department of
Agriculture and Cooperative Extension services of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio,
South Dakota, and Wisconsin. Richard D. Wootton, Associate Director, Cooperative Extension Service at Kansas State University, Manhattan, Kansas.
4/97 — 1M
Michigan State University
Bulletin Office
10B Ag. Hall
East Lansing, MI 48824-1039
(517) 355-0240
University of Minnesota
Distribution Center
3 Coffey Hall, 1420 Eckles Ave.
St. Paul, MN 55108-6064
(612) 625-8173
University of Missouri
Extension Publications
2800 McGuire
Columbia, MO 65211-0001
(314) 882-2792
University of Nebraska
Dept. of Ag. Comm.
Lincoln, NE 68583-0918
(402) 472-3023
North Dakota State University
Ag. Communications
Box 5655, Morrill Hall
Fargo, ND 58105
(701) 237-7881
Ohio State University
Publications Office
385 Kottman Hall
2021 Coffey Rd.
Columbus, OH 43210-1044
(614) 292-1607
South Dakota State University
Ag. Comm. Center
Box 2231
Brookings, SD 57007-0892
(605) 688-5628
University of Wisconsin
Cooperative Extension Publications
Rm. 245
30 N. Murray Street
Madison, WI 53715-2609
(608) 262-3346
* Publishing university
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