Property Ownership
What is a 'crop share' lease commonly used in Iowa agriculture?
AA lease where the landlord receives a fixed cash payment
BA lease where the landlord receives a percentage of the crop as rent✓ Correct
CA lease that transfers ownership of the farmland after 20 years
DA lease that requires the tenant to improve soil productivity
Explanation
A crop share lease divides the crop between the landlord and tenant (often 50/50 or other ratios). The landlord shares in both the rewards and risks of farming.
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