7 CFR 795.15 : Agriculture (§ 1.1 To Parts 4291-4299) — (Part 700 To Parts 869-899) — Regulations Of The Department Of Agriculture (Continued) (Part 700 To Parts 869-899) — Farm Service Agency, Department Of Agriculture (Part 700 To Appendix 2 To Part 799) — Provisions Common To More Than One Program (§ 792.1 To § 795.24) — Payment Limitation (§ 795.1 To § 795.24) — General (§ 795.1 To § 795.24) — Determining whether agreement is a share lease or a cash lease.

4 Aug 2016

(a) Cash lease. If a rental agreement contains provisions for a guaranteed minimum rental with respect to the amount of rent to be paid to the landlord by a tenant, such agreement shall be considered to be a cash rental agreement. In addition, the rental agreement must be customary and reasonable for the area.

(b) Share lease. If a rental agreement contains provisions that require the payment of rent on the basis of the amount of the crop produced or the proceeds derived from the crop, such agreement shall be considered to be a share rental agreement. In addition, the rental agreement must be customary and reasonable for the area.

7 CFR 795.15
[51 FR 8454, Mar. 11, 1986]