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Share Rent Characteristics in Illinois

The following publications shows how landlords and tenants share returns and costs when farmland is share rented. The publications are broken down by region in the state. In northern and central Illinois, share rent leases typically are 50 percent leases in which the landlord and tenant equally share in revenue from the farm. In southern Illinois, share rent leases are more varied with a 2/3 - 1/3 lease being common. Under a 2/3 - 1/3 lease, the tenant receives two-thirds of the revenue from the farmland while the landord receives one-third of the revenue.

Regions
PDF documents below

 

 

  

 

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