Because nearly half of Iowa’s crop ground is farmed pursuant to a cash rent or crop share lease, it is crucial that both tenants and landlords understand the implications of Iowa law on their farm leases as they move into 2018. This article addresses several frequent questions that arise regarding Iowa farm leases and the law.
Acreages in Iowa often include outbuildings where owners have no immediate plans for traditional agricultural use. Is there an opportunity to capture some revenue from renting those buildings to others? If so, what can be charged?
Today farmers can easily invest over $200,000 in a single tractor or combine. Are there any alternatives? Although most farmers own their own machinery, options such as custom hiring, renting and leasing are also popular.