Iowa’s Farm Tenancy Termination
Auctioneer, Land Broker, Founder
Jason is an Auctioneer and Land Broker in Iowa and the surrounding states. The DreamDirt team of auctioneers, land brokers, and realtors specialize in farmland sales primarily serving the heirs to family farms all across Iowa and some surrounding states. Today's report details the current land market in Iowa for land being sold at auctions.
Email: Jason@dreamdirt.com | Phone: (515) 537-6633
As we start to wind down Summer and head for harvest an important date is approaching for farmers and farmland owners. If you are planning to sell a farm after the 2015 crop year this is something to pay particular attention to. Iowa law requires that either tenant or landlords of agricultural farmland notify the other party if they intend to break the leasing relationship. The notice goes either way. If a farmer intends to stop farming a particular farm they must notify the landlord and if the landlord intends to take back possession of the farm for any reason which might be a sale, seeking new rental bids or any other reason they must notify the tenant. Law sets the due date for these notices at September 1st of each year. When the notice is served on or by September 1st it becomes effective the following March 1st. If you serve a notice by September 1, 2015 it will become effective March 1, 2017 however if you wait and serve the notice on September 2, 2015 it will not become effective until March 1, 2018. It is very important that the notice be served by September 1st and it MUST BE in writing. A phone call or text message will not suffice.
You can serve the notice in person in writing or you can send the notice by Certified Mail with return receipt. Mailing the notice perfects service as long as you keep a copy of what you mailed and your receipt from the post office showing it was sent. Sometimes they are not claimed on the other end but you’ll have a copy of it and your mailing reciept.
If you intend to notify a tenant or landlord you are going to end the lease agreement you can download the form that is widely used for this purpose below.
If you need assistance or have questions call us at (712)592-8965 and we can answer your questions.
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Farmland For Sale Adair County, IowaSellers: Gary Meyer, Judith Meyer, and Diane Darling Auctioneers: Jason Smith 515-537-6633 and Rachel Tiffany 515-954-8063 Location: Bridgewater, Iowa Land Auction Details in Adair CountyThis farm is located on Highway 92 and has...
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