Get IA FM 1724 2013
Ess this problem, some owners and tenants use flexible lease agreements in which the rent is not determined until after the crop is harvested. The final rental rate is based on actual prices and/or yields attained each year. A recent survey showed that flexible leases accounted for nearly 12 percent of all cash leases in Iowa. Flexible leases have the following advantages: • The actual rent paid adjusts automatically as yields or prices fluctuate. • Risks are shared between the owner and the.
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