The Landlord/Tenant Cash Lease Workshops will be offered across Nebraska this November and December. These workshops are designed to help landlords and tenants develop a lease that is right for both parties while maintaining positive farm leasing relations. Some sites will also feature extended workshops on flexible ag leases.
Notice of termination of oral farm land leases must be made six months in advance of the end of the lease or no later than Aug. 31. The lease would then expire Feb. 28, 2017. This article includes a link to sample lease forms.
A new series of Extension farm management programs, "So You've Inherited a Farm — Now What?" continues in mid-April with important information to help you understand and manage this new investment. Whether you grew up on the farm or visited for holidays, as new owners you will want to familiarize yourself with what it means to own it.
During uncertain financial times such as these, tension can develop between landlords and tenants who become unsure as to whether their lease arrangement is fair. The best way to build mutual trust through these periods is to develop a clear two-way channel of communication and put any understandings in a written lease.