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Cash lease question regarding non tillable ground
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redoak
Posted 6/9/2024 05:49 (#10768725 - in reply to #10768067)
Subject: RE: Cash lease question regarding non tillable ground


sw ontario
Wicksfield - 6/8/2024 15:34

Sometimes a Landlord has a total figure that he wants, say $20,000 in your case.   So, you're either paying $200 for the 100 acres or $222 for the 90.  

Reason I say this, know of a tenant that lost a farm because he and Landlord were quibbling about the tillable acres.   It was a small percentage of the total.   Landlord wanted X amount of dollars total.   Tenant couldn't wrap his head around that.



Probably simplest is $xx,xxx then evryone knows what they are paying and what their revenue is
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