For years you and your tenant farmer have been working under an oral agreement regarding the farming of your real property. Now, for whatever reason, you need to terminate that agreement. How do you do this?
Under Illinois law, farmland leases are subject to very specific rule. Whether leased on a crop share, livestock share, cash rent, or hybrid basis, year-to-year farm tenancies generally run from March 1st to February 28th of each year. To terminate an oral farm lease, you must provide written notice to your tenant farmer at least four (4) months prior to the end of the lease term. Additionally, your notice must provide specific information as outlined in 735 ILCS 5/9-206.
For more information or to speak with an attorney regarding your rights and responsibilities associated with terminating an oral farm lease, please contact us at (217) 531-2179 to schedule a consultation.