Missouri Lease Agreement for Surface of Lands, Grazing, and Livestock Operations
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How to fill out Lease Agreement For Surface Of Lands, Grazing, And Livestock Operations?
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FAQ
Farm tenancies in Missouri that are renewed year to year require notice of termination at least 60 days prior to the end of the lease year. The end of the ?agricultural year? in Missouri is customarily March 1, although Missouri law allows for the parties to agree to a different ending date.
A tenancy at will or by sufferance, or for less than one year, may be terminated by the person entitled to the possession by giving one month's notice, in writing, to the person in possession, requiring the person in possession to vacate the premises.
Table 1. Cash rent paid for Missouri crop and pasture land in 2021. Average rent (dollars per acre per year)Range in rents (dollars per acre per year)HighDryland row-crop147.42265Dryland wheat113.91175Irrigated row-crop195.883002 more rows
Proper Notice The landlord must give a 30-day notice for month-to-month leases and a 60-day notice for year-to-year leases.
Tenants must send notice before breaking a lease if they have a periodic one. It's either one month of notice for monthly leases or 60 days of notice for yearly ones with no end date. Those with fixed-term leases don't need to provide notice, as the lease ends on its last day.
Leasing land to another person for grazing can benefit both the landowner and the lessee. It allows an additional source of income for the landowner and permits the lessee to run livestock on land without incurring the long-term debt associated with purchas- ing property.