{"componentChunkName":"component---src-templates-blog-post-ts","path":"/commercial-leases-in-the-agricultural-sector/","result":{"data":{"site":{"siteMetadata":{"title":"Clausehound Blog","author":"Joshua Koudys"}},"markdownRemark":{"id":"90c4b006-5051-5bd1-831c-d4fabf38ce6b","excerpt":"Commercial leases involving the lease of croplands may have various options for the minimum/additional rent clause. An option a few landowners in the…","html":"<p>Commercial leases involving the <strong>lease of croplands</strong> may have various options for the minimum/additional rent clause.</p>\n<p>An option a few landowners in the agriculture industry may take advantage of is <strong>flex rent</strong>. It is based on a formula that includes a base rent and weighting additional rent based on varying yield and crop prices. This means agricultural landowners may charge additional rent depending on how much crop the land produces (and sells for). On the other hand, lower crop prices can result in a reduced cash rent price.</p>\n<p><a href=\"http://www.farmtalknewspaper.com/news/crops/lower-corn-prices-may-lower-cash-rent-prices/article_d6a12334-3da3-11e4-bd13-779e4f8ecb8c.html?\" target=\"_blank\" rel=\"nofollow noopener\">Read the article here.</a></p>\n<h3>Takeaway:</h3>\n<ul>\n<li>Drafters of a commercial lease for cropland should consider all the options to their party and the fluctuations in the crop market when drafting the rent agreement.</li>\n</ul>","frontmatter":{"title":"Commercial Leases in the Agricultural Sector","date":"February 01, 2016","description":"Commercial leases involving the lease of croplands may have various options for the minimum/additional rent clause.","author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal","bio":"Rajah Lehal is Founder and CEO of Clausehound.com.  Rajah is a legal technologist and technology lawyer who is, together with the Clausehound team, capturing and sharing lawyer expertise, building deal negotiation libraries, teaching negotiation in classrooms, and automating negotiation with software.","image":{"childImageSharp":{"fluid":{"base64":"data:image/jpeg;base64,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","aspectRatio":1,"src":"/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg","srcSet":"/static/d7bbad08c257f3987a4a5710553e9e17/2b9ee/Rajah.jpg 80w,\n/static/d7bbad08c257f3987a4a5710553e9e17/e5d64/Rajah.jpg 160w,\n/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg 320w,\n/static/d7bbad08c257f3987a4a5710553e9e17/6e63d/Rajah.jpg 400w","sizes":"(max-width: 320px) 100vw, 320px"}}}},"tags":["Commercial Lease","Additional Rent","Commercial Activities","Rajah"]}}},"pageContext":{"slug":"/commercial-leases-in-the-agricultural-sector/","previous":{"fields":{"slug":"/the-end-of-a-general-partnership/"},"frontmatter":{"title":"The End of A General Partnership","tags":["Long Form","Partnership","Commercial Activities"],"author":{"id":"info@clausehound.com","first":"","last":null}}},"next":{"fields":{"slug":"/piece-by-piece-5-legal-considerations-for-startups/"},"frontmatter":{"title":"Piece by Piece – 5 Legal Considerations for Startups","tags":["Employment Agreement","Long Form","Trademark Registration","Business","Commercial Lease","Commercial Activities","info@clausehound.com"],"author":{"id":"info@clausehound.com","first":"","last":null}}}}}}