Terminating a Verbal Farmland Lease in Nebraska
August 21, 2024
It's important to understand your rights when entering or terminating a verbal farm lease. This article provides best practices for termination to mitigate risks and foster smoother transitions.
Terminating a Verbal Farmland Lease in Nebraska
August 10, 2023
The most common legal issue associated with verbal farm leases is how a lease may legally be terminated. In this article, Nebraska Extension shares recommendations and deadlines for clearly communicating lease changes or termination.
Terminating a Verbal Farmland Lease
August 11, 2022
Extension educators share recommendations on terminating verbal land and pasture leases when disputes arise.
Terminating a Verbal Farm Land Lease
August 12, 2021
Some farm leases are not written but are verbal or "handshake" agreements. Because nothing is in writing, the parties may have different recollections of their agreement, making lease disputes more difficult to resolve.
Cornhusker Economics: 2020 Nebraska Property Tax Changes
August 27, 2020
The Nebraska Unicameral enacted significant property tax relief legislation in the closing days of the 2020 legislative session. The compromise establishes a refundable state income tax credit of an estimated 6% of the property taxes paid for local schools (excluding property taxes for school bonds and school budget overrides).
Terminating a Verbal Farmland Lease
August 14, 2020
Some farm leases are not written but are verbal or 'handshake' agreements. The most common legal issue associated with verbal farm leases is how a lease may legally be terminated.
Business Powers of Attorney for Nebraska Farm and Ranch Business Owners
May 21, 2020
In the case where there is no well-structured legal documentation of who assumes business functions when a key manager is incapacitated —which would likely include many Nebraska farms and ranches — the business owner may seek to provide business operational continuity should they become unable to do so.
Farm Bankruptcy Code Increases Upper Limit
October 2, 2019
The new Family Farmer Relief Act of 2019 revises the federal bankruptcy code to increase the amount of total debt a producer may have and be eligible for Chapter 12 bankruptcy protection from $4.4 million to $10 million.