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Hear this out loud PauseIn Minnesota, the landowner must give three months' written notice to terminate the lease. However, if the farmer is required to make monthly rental payments, the lease can be terminated with just one month's written notice.
Hear this out loud PauseWhether leased on a crop share, livestock share, cash rent, or hybrid basis, year-to-year farm tenancies generally run from March 1st to February 28th of each year. To terminate an oral farm lease, you must provide written notice to your tenant farmer at least four (4) months prior to the end of the lease term.
Hear this out loud PauseExcept for a farm tenant who is a mere cropper or a person who holds a farm tenancy with an acreage of less than forty acres where an animal feeding operation is the primary use of the acreage, a farm tenancy shall continue beyond the agreed term for the following crop year and otherwise upon the same terms and ...
Hear this out loud PauseThere are a few 60-40 leases in which the landowner receives 60 percent of the crops and pays 60 percent of the operating costs, but as a general rule the smaller share, 1/3 or 40 percent, is the portion of the crop which goes to the landowner.
Tenants who break a lease by moving out early, or prior to giving appropriate notification, are generally responsible for paying the rest of the money owed on the lease and may also be penalized by ?break lease? fees or other charges defined in the lease.