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Roger Odoardi. Reviewed by: Roger Odoardi. A land lease, or ground lease, is a agreement in which a lessee owns entities or improvements in a designated area, but doesn't own the actual land. This is popular in commercial properties, beach-front properties and mobile home parks.
Overall, recommendations for new custom graziers are to ?start small and build up?. Understand ?that you can't charge the higher amount without facilities, good pastures and water?, and that ?it's best to start on the plus forage side? (more land than animals).
A land lease contract, also known as a land agreement or ground lease, is a contract that allows a landowner (landlord) to rent their land to another person or company (tenant). The land may be used by the tenant for multiple uses ranging from agricultural to residential or commercial purposes.
The statewide average for pastureland was $7.70/acre, which is up from $7.10 last year. The highest pastureland rental rates were reported in Falls County at $23/acre, Wharton County at $21.50/acre, Bowie County at $21.00/acre, and Delta County at$20.50/acre.
Leasing land to another person for grazing can benefit both the landowner and the lessee. It allows an additional source of income for the landowner and permits the lessee to run livestock on land without incurring the long-term debt associated with purchas- ing property.