Termination Of Farm Lease Agreement

Iowa law defines three methods for issuing advance notice for the farm lease to end the lease on March 1 of the following year. This is cited in the Iowa Code, Section 562.7: If you have any legal questions regarding a farm lease, contact a lawyer. Regardless of the type of rental agreement – written, oral or even over several years – the lessor should have clear communication with the tenant. By sending a termination before September 1, even for rental agreements in writing, you can avoid any misunderstandings or pitfalls. Some farm leases are not written, but are oral agreements or “handshake”. Since nothing is written down, the parties may have different memories of their agreement, making it difficult to resolve rental disputes. For year-over-year oral leases, the Nebraska Supreme Court ruled that the lease year would begin on March 1.