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Saronville NE | In my area. Its cash rent and tenant owns pivot. So all repair costs, insurance, maintenance. If irrigation motor instead of electric motor, tenent owns motor and all repairs and fuel also. If electric motor then LL owns it. But all electric costs be tenents also.
If on shares. Usually LL owns pivot. You pay first certain amount of agreed upon repairs. Fuel or electric split on the shares.
95% of rent agreements here are the first situation. | |
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Renting irrigated ground.
