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2020-06-03

Keep Compulsory Field Lease Feature

The Keep Compulsory Field Lease feature simplifies your leasing process by ensuring all required fields are consistently completed. This feature brings clarity and efficiency to your operations, allowing you to focus on more important tasks.

Key Features

Ensures all compulsory fields are filled before submission
Reduces errors and omissions in lease agreements
Integrates seamlessly with your existing leasing platform
Provides real-time prompts for missing information
Stores completed leases for easy future reference

Potential Use Cases and Benefits

Ensures compliance with legal requirements for lease agreements
Streamlines the onboarding process for new tenants
Facilitates faster approvals for lease applications
Improves tenant satisfaction through clear communication
Prevents costly delays by minimizing document errors

This feature effectively solves your problem of incomplete leases, which can lead to disputes and delays. By using the Keep Compulsory Field Lease feature, you enhance your efficiency and accuracy in handling lease agreements. This lets you provide a better service, ultimately leading to a smoother leasing experience.

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The most common form of lease in agriculture is a land lease, with the cash rent lease and the crop-share lease being the two most frequently used leases in agriculture.
In general, cropland rental rates are higher than hay and pasture land. New England cropland lease rates can range from $40 per acre/year to $300 per acre/year.
Rental Income The USDA tracks cash rents for irrigated and non-irrigated cropland and pastureland. The average rate to rent irrigated and non-irrigated cropland in 2018 was $215 and $125 per acre, respectively. The average rate to rent pastureland was $12.50 per acre in 2018.
For rental of established hay, an alfalfa/grass summer hay price of $120 per ton and an alfalfa/grass yield of from four to six tons per acre (Table 1) results in a rental rate per acre of from $168 ($120 per ton x 35 percent x 4 tons per acre = $168 per acre) to $252 ($120 per ton x 35 percent x 6 tons per acre = $252
The average CRP land rental rate in the U.S. in 2015 was about $70 per acre, with an average of $51 per acre on General CRP acres, $114 per acre on Continuous CRP acres and $144 per acre on CREW acres. CRP rental rates vary widely from state-to-state, and within different regions of a given state.
Rent Paid for Agricultural Land At $140 per acre, the average rate to rent cropland in the United States in 2019 was $2 higher than in 2018. For irrigated cropland, the average rental rate per acre was $220 (up from $215 in 2018). For non-irrigated cropland it was $127 (up from $125).
In a typical cash rent lease, the tenant is obligated to pay a set price per acre or a set rate for the leased land. With this form of lease, the tenant bears certain economic risks, and the landlord is guaranteed a predictable return, regardless of commodity prices.
Rent Paid for Agricultural Land At $138 per acre, the average rate to rent cropland in the United States in 2018 was $2 higher than in 2017. For irrigated cropland, the average rate per acre was $215 (up slightly from $212 in 2017) and for non-irrigated cropland it was $125 (up from $123).

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