Fillable Printable Simple Pasture Lease Agreement

Simple Pasture Lease Agreement

Pasture Lease

(Short Version)

Burton Pflueger, Extension economist

Date and names of parties. This lease is entered into on ____________________________, 20_____, between

__________________________________________________________________________________________(Landlords) Lessor(s)

at (address) _____________________________________________________________________________________________ and

___________________________________________________________________________________________(Tenants) Lessee(s)

at (address) ________________________________________________________________________________________________.

The parties to this lease agree to the following provisions.

Description ofland

. The Lessor rents and leases to the Lessee, to occupy and to use for agricultural purposes only, the following

real estate located in the County of ______________________ and the State of ________________________, described as follows:

___________________________________________________________________________________________________________

__________________________________________________________________________________________, commonly know as

the ______________________________________farm and consisting of approximately __________acres, together with all buildings

and improvements thereon belonging to the Lessor, except ___________________________________________________________

__________________________________________________________________________________________________________.

Length of tenure. The term of this lease shall be from ______________________, 20_____, to _____________________, 20_____,

and the Lessee shall surrender possession at the end of this term or at the end of any extension thereof. Extensions must be placed

in writing on this lease, and both parties agree that failure to execute an extension at least ______________months before the end of

the current term shall be constructive notice of intent to allow the lease to expire.

Amendments and alterations to this lease may be made in writing in the space provided and the end of this form at any time by

mutual agreement. If the parties fail to agree on proposed alterations, the existing provisions of the lease shall control operations.

Section 1. Animal Units

Not more than _________ animal units shall be kept in the pasture at any one time without the express written consent of the Lessor.

Deliberate violation of this provision shall constitute grounds for termination of this lease.

Number Number Rental rate Total rent

Stocking rate head animal units per period per period

Bulls _______ _______ _______ _______

Cows _______ _______ _______ _______

Yearling steers _______ _______ _______ _______

Yearling heifers _______ _______ _______ _______

Calves, 6 to 12 mos. _______ _______ _______ _______

Calves, 3 to 6 mos. _______ _______ _______ _______

Other _______ _______ _______ _______

Section 2. Rental Calculations and Payment Schedule

(Use method I, II or III and strike out the two methods not used.)

Method I

The Lessor agrees to pay $__________ per acre for use on 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)

Rental adjustment. Additional agreements in regard to rental payment: __________________________________________________

___________________________________________________________________________________________________________

Method II

The Lessee agrees to pay a rate based on AUMs as identified in Section 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 $______ shall be paid as follows:

$______ on or before ______ day of ______(month) $______ on or before ______ day of ______(month)

Rental adjustment. Additional agreements in regard to rental payment: __________________________________________________

___________________________________________________________________________________________________________

Method III Other rental arrangements (share-of-gain, etc.)

___________________________________________________________________________________________________________