cash rents on fallow ground

dmiller · Apr 20, 2014

How do cash rents on fallow rotations work? Is the landlord paid half the rent each year?

MarkB_MI · Apr 21, 2014

I rent land in eastern Colorado. With modern "chemical fallow" methods, the rotation is three years rather than the traditional two year rotation. (Fallow in year one; winter wheat is planted in the fall of year one and harvested in the summer of year two. Corn is planted and harvested in year three.) Cash rent leases are normally for a minimum of three years. The rent is X amount per year, payable in two installments (April and December). So if the rent is $5000 per year, it would be $15K total over the entire rotation cycle. Yes, the tenant has to pay rent for a year and a half before his first harvest.

dmiller · Apr 21, 2014

Thanks. I thought that's how it would work.

cash rents on fallow ground

dmiller

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MarkB_MI

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dmiller

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