Free Agricultural Land Lease Agreement Template
Agricultural Land Lease Agreement
This Agricultural Land Lease Agreement ("Agreement") is entered into this 1st day of February 2050, by and between [Your Name] ("Lessor"), with a mailing address at [Your Company Address], and June Reed, doing business as NatuField Agriculture ("Lessee"), with a mailing address at Fresno, CA 93711, collectively referred to as the "Parties."
I. PREMISES
Lessor rents to Lessee and Lessee rent from Lessor, the agricultural land located at 123 Farm Lane, Fresno, CA 93711, ("Premises").
The Premises consist of 200 acres of land, suitable for the cultivation of crops, livestock, and related agricultural uses, as more particularly described in Exhibit A, attached hereto.
II. TERM
The term of this Lease shall commence on March 1, 2050, and shall continue for a period of 5 years, expiring on February 28, 2055, unless terminated earlier in accordance with the provisions of this Agreement. Upon expiration of the initial term, this Agreement may be renewed upon mutual written consent of the Parties.
III. RENTAL PAYMENTS
Lessee agrees to pay Lessor a rental fee of $20,000 per year, payable in equal quarterly installments of $5,000, due on the 1st day of each quarter. The first payment shall be due on March 1, 2050.
IV. USE OF PREMISES
The Premises shall be used by Lessee for agricultural purposes, including but not limited to the cultivation of crops, the raising of livestock, and other related activities as deemed necessary for agricultural operations. Lessee agrees to comply with all federal, state, and local laws and regulations applicable to agricultural land use.
Lessee shall not engage in any activity on the Premises that may be detrimental to the soil, water, or air quality, and shall take all reasonable measures to ensure the sustainable use of the land.
V. MAINTENANCE AND REPAIRS
Lessee shall be responsible for the maintenance of the Premises during the term of this Agreement, including:
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Keeping the land cleared of weeds and debris.
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Maintaining irrigation systems, fences, and other infrastructure.
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Ensuring that the land is in a condition suitable for agricultural use.
Lessor shall be responsible for maintaining the structural integrity of any buildings or permanent structures located on the Premises, excluding those used solely for agricultural purposes, which will remain the responsibility of Lessee.
VI. INSURANCE
Lessee shall maintain comprehensive insurance coverage for any risks associated with the use of the Premises, including but not limited to crop damage, property damage, liability for injury or death, and damage caused by livestock. The lessor shall be named as an additional insured on all policies.
The Lessor shall maintain insurance for the Premises, covering damage to property and any claims related to the land itself.
VII. TAXES AND EXPENSES
Lessee shall be responsible for the payment of all taxes and assessments levied on the agricultural use of the land, including but not limited to property taxes, sales taxes on farm goods, and any other taxes associated with the operation of the farm.
Lessor shall be responsible for the payment of any taxes or assessments on the land itself, excluding any taxes related to Lessee’s farming operations.
VIII. ALTERATIONS AND IMPROVEMENTS
Lessee shall not make any permanent alterations or improvements to the Premises without the prior written consent of Lessor. Any approved alterations shall be made at Lessee’s expense, and any permanent improvements made to the land shall become the property of Lessor upon the expiration or termination of this Agreement unless otherwise agreed upon in writing.
IX. TERMINATION
Either party may terminate this Agreement upon 90 days written notice to the other party, provided that such termination does not affect the obligations of Lessee to pay rent for any portion of the term prior to termination.
In the event of a material breach by either party, the non-breaching party may terminate this Agreement upon providing written notice and giving the breaching party a reasonable period to cure the breach.
X. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the State of California, without regard to its conflict of laws principles.
XI. ENTIRE AGREEMENT
This Agreement constitutes the entire understanding between the Parties with respect to the subject matter hereof and supersedes any and all prior agreements, discussions, or understandings between the Parties relating to the Premises.
No amendment or modification of this Agreement shall be valid unless in writing and executed by both Parties.
These detailed provisions govern the lease of the agricultural land and outline the rights, responsibilities, and obligations of both the Lessor and Lessee.
[YOUR NAME]
Date Signed: February 1, 2050
June Reed
Date Signed: February 1, 2050
Please direct any inquiries regarding this Agreement or further details to [Your Name] at [Your Email] or [Your Company Email]. If you would like to discuss any aspect of this contract, kindly reach out at your earliest convenience.
