Iowa’s Farm Tenancy Termination

Aug 29, 2021 | How To Sell Farmland, Land Auctions, Land Seller Resources

Jason Smith

Jason Smith

Auctioneer, Land Broker, Appraiser

Jason is an Auctioneer and Land Broker in northwest Iowa at Storm Lake and Mason City.  Jason and his Iowa farmland team specialize in farmland sales primarily serving the heirs to family farms.  Today's report details the current land market in Iowa for land being sold at auctions.

Email: jason@dreamdirt.com | Phone: (712)213-6400

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.

Farm Renter Termination Notice Iowa

If you need assistance or have questions call us at (712)592-8965 and we can answer your questions.

Request a Free Valuation for Your Farm or Land Property

Whether you’re ready to start the selling process, or even remotely curious, we will gladly provide you with a FREE Market Analysis! If you are in a position to sell land in the Midwest, we want to help you achieve the top of the market on your sale.

Related News

Why You Should Sell Your Farmland at Public Auction

Why You Should Sell Your Farmland at Public Auction

Tom Bradley is a Partner, Agricultural Auctioneer, and Land Broker. Additionally, he is the Lead Auctioneer at DreamDirt. He is responsible for auction operations and ensuring our live and online auction teams are performing at their best. He is also a CAI designated...

read more
How to Sell Farmland in Iowa

How to Sell Farmland in Iowa

Rachel is a licensed real estate salesperson specializing in the sale of farm, land, and rural residential real estate. Rachel is a graduate of Iowa State University with a major in Animal Science and minor in Agricultural Business. Rachel has a strong interest in...

read more