The Iowa Lease Agreement for Surface of Lands, Grazing, and Livestock Operations is a legally binding contract that outlines the terms and conditions between a landowner and a tenant for the use of land for grazing and livestock-related activities. This agreement is specific to the state of Iowa and is designed to protect the interests of both parties involved. Key terms in this lease agreement include: 1. Surface of lands: The agreement clearly defines the portion of land being leased for grazing and livestock operations. This ensures that both parties understand the exact boundaries and limitations of the land being used. 2. Grazing rights: The lease agreement specifies the rights and responsibilities of the tenant regarding the grazing of livestock on the leased land. It may include terms related to the number of animals allowed, the duration of grazing, and any restrictions imposed to protect the land's ecological sustainability. 3. Livestock operations: The agreement may also address broader livestock operations, such as feeding, watering, and maintaining the health of the animals. It can include guidelines for waste management, fencing requirements, and any necessary permits or licenses. Different types of Iowa Lease Agreement for Surface of Lands, Grazing, and Livestock Operations may include variations based on the specific needs and objectives of the parties involved. Some examples of these variations include: 1. Short-term lease agreement: This type of lease agreement is typically used for a specific grazing season or a short period. It may provide flexibility for landowners who wish to lease their land temporarily, while allowing tenants to utilize the land for a defined period. 2. Long-term lease agreement: In contrast, a long-term lease agreement may extend over multiple years or even decades. This type of agreement is more suitable for landowners and tenants planning for extensive livestock operations and require a stable, long-term arrangement. 3. Customized lease agreement: Depending on the unique requirements and preferences of the parties, a customized lease agreement can be created. This allows for the inclusion of additional clauses, such as specific maintenance or conservation practices, rent adjustments, or provisions for termination in case of unforeseen circumstances. In summary, the Iowa Lease Agreement for Surface of Lands, Grazing, and Livestock Operations is a comprehensive contract that defines the rights and responsibilities of both landowners and tenants regarding the use of land for grazing and livestock activities. It provides clarity and legal protection for parties involved while allowing for different types of lease agreements tailored to specific circumstances.
Iowa Lease Agreement for Surface of Lands, Grazing, and Livestock Operations
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Pasture rented for cash averaged $59.50 per acre, $1.50 above 2021. Grundy County had the highest cash rent for non-irrigated cropland at $304.00 per acre, followed by Sioux County at $295.00 per acre. Ida, Black Hawk, and Bremer rounded out the top five.
Cropland rental rates released by the USDA National Agricultural Statistics Service averaged $269 per acre in 2023, a 5.1% increase from 2022, and the second highest percentage increase in the past 10 years. Cash rent for pasture was 1.7% higher at $60.50 per acre.
562.6 Agreement for termination. If a written agreement is made fixing the time of the termination of a tenancy, the tenancy shall terminate at the time agreed upon, without notice.
The 2022 ISU Land Value Survey shows the average value of an acre of farmland jumped 17%, or $1,660, to $11,411 per acre. The nominal value of an acre of farmland is again higher this year than at any point since Iowa State University began surveying values in 1941.
Under a Custom Share Lease, the landowner provides all of the land and inputs and receives 75%-80% of the crop. The farm tenant provides the equipment and labor and receives 20%-25% of the crop in return for their contribution. The lease typically has higher returns than the normal 50/50 crop share lease.
Fill out the details of the agreement including the names of the parties involved, the duration of the lease, the amount of rent, the size of the pasture, and any other special considerations such as restrictions on grazing or use of the land. 3. Sign the agreement in front of a witness and have them sign it as well.
(DTN) -- The average cash rental rate for Iowa farmland climbed 9% in 2023 to $279 per acre, ing to an annual survey conducted by Iowa State University Extension.
Pasture and timber ground has seen an increase in the past six months as well. Pasture ground in northwest Iowa has the highest value at $5,000 per acre, but the largest increase was seen in south-central Iowa, with a 5.5% increase to bring average prices to $4,200 per acre.