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The tenant's profit is the excess of revenues extracted from the farm, less the rents, administration, levying, and collection expenses. The tenant's skills lie in negotiating a favorable rent by overstating the riskiness of the cash flow stream and effectively managing the assigned debts as a skilled debt-collector and manager.
Crop share rent (in contrast to economic rent) is a proportion of the crop harvest (yield) to be paid by the tenant farmer to the land owner as compensation for occupying and exploiting the rented land. [1] This arrangement puts the landlord, like the tenant operator, at risk from variation in yields and prices.
The term métayage is also applied to modern-day flexible cash leases at least in the nominally common law Canadian province of Ontario, [26] and in 2006 in all of Canada, 13,030 farms occupying 2,316,566ha were counted by Statistics Canada. [27] The same study of metayage found 2,489 farms covering 130,873ha in Ontario. [27]
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Tenant farmer on his front porch, south of Muskogee, Oklahoma (1939). A tenant farmer is a person (farmer or farmworker) who resides on land owned by a landlord.Tenant farming is an agricultural production system in which landowners contribute their land and often a measure of operating capital and management, while tenant farmers contribute their labor along with at times varying amounts of ...
A month-to-month lease is not always the cheapest rental option. Vicky Noufal, owner and associate broker at Platinum Group Real Estate , said the average monthly price of a two-bedroom rental is ...