Types of Lease Arrangements Clause Samples

The "Types of Lease Arrangements" clause defines and categorizes the different forms of leasing agreements that may be used between parties. It typically outlines whether the lease is a gross lease, net lease, or modified gross lease, and may specify distinctions such as single, double, or triple net arrangements, each allocating responsibilities for expenses like taxes, insurance, and maintenance differently. By clearly identifying the type of lease, this clause ensures both parties understand their respective obligations and financial responsibilities, thereby reducing the risk of disputes and promoting transparency in the leasing relationship.
Types of Lease Arrangements. A. Cow-calf Share Lease
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Types of Lease Arrangements. A. Crop Share Lease • The share arrangement could be either the traditional one-third crop share or a crop share based on the cost contributions of the landlord and tenant. The landlord may share in the payment of crop inputs (fertilizer and chemicals) in the same proportion as the crop is shared. For more information on estimating crop share rentals refer to: Crop Share Lease Calculator. • The crop share lease agreement could clarify and define the landlord's and tenant's rights and responsibilities regarding the following areas: • Influence on Cropping Decisions - A landlord may wish to influence the cropping decisions and production practices of a tenant to maintain the quality and condition of the land. • Use of Fertilizer and Chemicals - Both parties should agree on the amount of crop inputs to be applied and how the costs are to be shared. • Crop Insurance Coverage - Hail insurance can be taken separately by both the tenant and landlord, provided that both have an all-risk contract. AgriInsurance provided by the Manitoba Agricultural Services Corporation is available to any person who is actually engaged in farming in Manitoba, as well as to the landlord who has a direct financial interest in the crop. In order for the landlord to be eligible for AgriInsurance, the payment of rent, as specified in the Crop Share Lease Agreement, must be based entirely on a share or portion of the crop and may not include any cash per acre, cash per bushel or other similar arrangement for payment. If the rent is based on anything other than or in addition to crop share, then the landlord is not eligible for crop insurance. • Delivery and Sale of Grain - Both parties should agree on who will have the responsibility for delivery and sale of grain. • Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage). B. Cash Lease In a cash lease, the tenant will pay a fixed cash payment to the landlord for the use of the land and facilities. The tenant will receive all of the income and pay all his own expenses. The cash lease is suited for absentee landlords and those who wish to have a stable income. Considerations: • The landlord can receive a guaranteed return. • The tenant has more flexibility and independence in production and management decisions. • The results of the tenant's superior farming skill are not shared with the la...
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Types of Lease Arrangements. A. Cow-calf Share Lease • The share arrangement could be either the share/split method or the flexible share method. For information on estimating cow share rental values refer to: Cow Share Lease Calculator. • The calf share lease agreement could clarify and define the owner's and ▇▇▇▇▇▇'▇ rights and responsibilities regarding the following areas: • Influence on Management Decisions – An owner may wish to influence the management decisions and production practices of a farmer to maintain the quality and condition of the land. • Delivery and Sale of Calves - Both parties should agree on who will have the responsibility for delivery and sale of the calves. • Government Payments and Subsidies - Under these programs, usually the farmer receives the payments and subsidies in the same proportion as the share of the calves (or a stated amount or percentage).
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Types of Lease Arrangements. Cow-calf Share LeaseThe share arrangement could be either the share/split method or the flexible share method. For information on estimating cow share rental values refer to: Cow Share Lease Calculator.  The calf share lease agreement could clarify and define the owner's and ▇▇▇▇▇▇'▇ rights and responsibilities regarding the following areas: 
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Types of Lease Arrangements 
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Related to Types of Lease Arrangements

  • Ground Leases For purposes of this Exhibit C, a “Ground Lease” shall mean a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that: