Farmland leasing has become more commonplace as Ohio’s farmland passes to more and more absentee landowners. Around one-half of all farmland is leased in Ohio, and of this, approximately 75% is on a cash rent basis. Therefore, cash leases are an important part of many crop producer’s operations.
As common as farmland leasing is, the legal requirements for farmland leases are often not fully understood. Changes in the law and local customs and habits often cause producers to misinterpret the legal requirements of farm leases. It is the intent of this article to discuss the minimum requirements of farmland leases in Ohio. There are many exceptions and special rules affecting leases which are beyond the scope of this discussion, therefore, legal counsel should be sought for questions or issues relating to a specific lease or circumstances.
The full article is available here: http://ohioagmanager.osu.edu/resources/Newsletter Article.pdf