Real Estate Farm Land Lease Form
Real Estate Farm Land Lease Form
Please complete this form with accurate and comprehensive information about the farmland you wish to lease. Ensure all sections are completed to facilitate a smooth and efficient leasing process.
Lessor and Lessee Information
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Lessor (Owner) Full Name: |
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Address: |
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Phone Number: |
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Email: |
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Lessee (Tenant) Full Name: |
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Address: |
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Phone Number: |
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Email: |
Property Information
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Location: |
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Total Acreage: |
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Type of Land: |
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Description of Land: |
Lease Terms
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Start Date: |
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End Date: |
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Renewal Option: |
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Renewal Terms: |
Financial Information
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Lease Amount: |
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Payment Frequency: |
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Payment Method: |
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Security Deposit: |
Other Conditions
Insurance Requirements:
The Lessee is required to obtain and maintain comprehensive general liability insurance with a minimum coverage of $1,000,000 per occurrence and $2,000,000 in aggregate. Additionally, Lessee must ensure that [Your Company Name] is listed as an additional insured party on the policy. Proof of insurance must be provided to the Lessor prior to the commencement of the lease term and upon renewal of the policy.
Termination:
The lease may be terminated prematurely under the following conditions:
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By Mutual Agreement: Both parties may agree to terminate the lease early by mutual consent.
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Non-Payment: Failure by the Lessee to make timely lease payments may result in termination after a written notice of 30 days.
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Breach of Lease: Any breach of the lease terms by the Lessee not corrected within 30 days of written notice from the Lessor.
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Property Damage: Significant damage to the property caused by the Lessee or their operations which is not repaired within 30 days.
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Legal Requirements: Any change in legal or regulatory requirements making the continued use of the property as described in this lease untenable or illegal.
In case of termination, the Lessee is required to vacate the premises within 30 days and return the property in the same condition as at the beginning of the lease, subject to normal wear and tear.
Signatures
Lessor:
[Lessor's Name]
[Date]
Lessee:
[Lessee's Name]
[Date]
