THE YOUNG FARMER 



Before entering into a discussion of the 

 customary conditions under which land is 

 rented on shares it may be helpful to point 

 out the fundamental differences between 

 cash rent, crop rent and share rent. In case 

 of cash rent, the landlord takes no risk, 

 either as to the price or the amount of 

 product. In the case of crop rent, he shares 

 the risk as to the variation in price, but not 

 as to the amount of crop raised. The latter 

 may depend upon the clemency of the 

 weather or upon the industry and skill of 

 the tenant. In the case of share rent, both 

 landlord and tenant share equally as to 

 variation in the price and the amount of 

 product. 



Three forms of share rent may be recog- 

 nized: 



(a) Where landlord furnishes only real 

 estate (land and buildings), the tenant sup- 

 plying everything else, including teams, 

 machinery, labor, seeds and fertilizers. 

 Under these conditions it is customary for 

 the landlord to receive one-third and the 

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