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.
Page 1/4
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Pasture Lease Agreement Template PDF

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