Legal Term
Crop Share Lease
Legal Definition
A crop share lease is a legally binding agricultural agreement where a tenant farmer occupies and cultivates land owned by another party, and in lieu of cash rent, the tenant provides the landowner with a specified percentage of the crops produced, as outlined in the lease terms.
In Plain English
A farm rental deal where the farmer gives the landowner a cut of the harvest instead of paying cash rent.
Example in a Contract
Rent: Tenant shall compensate Landowner for the use of the Premises by delivering to Landowner, at Landowner's designated location, fifty percent (50%) of all crops harvested from the Premises each growing season, gross weight and quality measured at the first point of commercial sale, with such share due within fifteen (15) days of harvest. Input costs for seeds, fertilizers, and pesticides shall be shared equally by both parties unless otherwise agreed in writing.
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