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<blockquote data-quote="Sir Loin" data-source="post: 868825" data-attributes="member: 5601"><p>Goodlife,</p><p></p><p></p><p>Now please don't take this the wrong way, but you need to start calling it a "lease" not "rent".</p><p>At my age I forget exactly why but it has something to do with tangible and intangible property and less then a year and a year or more. And it makes you sound more professional.</p><p></p><p>Re:</p><p></p><p>'Close"-------- I would prefer to pay all the taxes to him. That way it is not costing him anything to lease to you. And if the taxes go up, he will know his taxes will be paid.</p><p>It's kind of a sales pitch thing but it does make them feel more comfortable with longer term leases.</p><p>I always write my leases as, I "pay the yearly taxes upon demand" with no amount specified, then add "plus $5 (or what ever) per acre per year" to be paid at the beginning of each and every year. ( or monthly )</p><p></p><p>Re:</p><p></p><p>Good, but if there is a chance it will not last year round, you need to write in "should the pond fail to provide water year round he will provide you with another water source.</p><p></p><p>Hope this helps</p><p>SL</p></blockquote><p></p>
[QUOTE="Sir Loin, post: 868825, member: 5601"] Goodlife, Now please don’t take this the wrong way, but you need to start calling it a “lease” not “rent”. At my age I forget exactly why but it has something to do with tangible and intangible property and less then a year and a year or more. And it makes you sound more professional. Re: ‘Close”-------- I would prefer to pay all the taxes to him. That way it is not costing him anything to lease to you. And if the taxes go up, he will know his taxes will be paid. It’s kind of a sales pitch thing but it does make them feel more comfortable with longer term leases. I always write my leases as, I “pay the yearly taxes upon demand” with no amount specified, then add “plus $5 (or what ever) per acre per year“ to be paid at the beginning of each and every year. ( or monthly ) Re: Good, but if there is a chance it will not last year round, you need to write in “should the pond fail to provide water year round he will provide you with another water source. Hope this helps SL [/QUOTE]
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