Beyond a Handshake: The Importance of Written Leases

**This article is not a substitute for the advice of an attorney.**

I wrote an article for the November issue of the Progressive Cattleman Magazine discussing the importance of having leases in writing.

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Although ranchers are notorious for historically making verbal agreements based upon a person’s word and handshake, it is important that lease agreements be reduced to writing to protect both parties.  The article outlines some of the most important terms and considerations to think about when drafting grazing leases and bull leases, including the length of the lease, rental payments, description of the lease subject, stocking rates and disaster contingencies, transferability, liability and indemnification, maintenance of fixed assets, care of livestock, and several various legal considerations.  To read the full article, click here.

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