Farm Lease Agreement

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Form 669
FARM LEASE AGREEMENT
This form should be used as a guide. Any items in this lease which do not apply can be deleted when the
agreement is executed. Each party should retain a copy of the lease. This lease agreement guide is not
intended to replace legal advice about the execution of a farm lease agreement. If the user desires legal
advice about any provision in this agreement, the assistance of a competent legal professional should be
sought. For assistance in establishing rental rates and other leasing considerations see Publication 1597.
This publication is available at the County Agricultural Extension Service office.
A.
NAMES OF PARTIES AND DESCRIPTION OF PROPERTY
This lease is entered into this
day of
, (year)
,
between
, landowner, of
(address)
and
, tenant of
(address) hereinafter called
the landowner and tenant respectively. Under the terms and conditions that follow, the landowner hereby
leases to the tenant a farm to use for agricultural purposes of approximately
acres, situated in
County, Tennessee, commonly known as or described as follows:
B.
TERM OF LEASE
The term of this lease shall be from
, (year),
to
,
(year)
, and the tenant shall surrender possession at the end of the term or at the end of any
extension thereof. Extensions must be placed in writing on this lease, and both parties agree that failure
to execute an extension at least
months before the end of the current term shall be
constructive notice of an intent to allow the lease to expire.
Amendments and alterations to this lease may be made in writing in the space provided on the back of
this form at any time by mutual agreement. In the event of failure to agree on a proposed alteration, the
existing provisions of the lease shall control operations.
C.
RENTAL RATES AND ARRANGEMENTS (Select appropriate option)
Option 1. Cash Rent
a.
As rent or partial rent for the farm, the tenant agrees to pay the total sum of
dollars ($
) per year. This represents acres and rates per acre as stated in the
table below.
CROP
ACRES
RENT/ACRE $
TOTAL $
TOTAL

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