A Partial Budget Approach to Estimating Cash Rents
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
Because of the extra risk, tenants
who cash lease land should earn
more money than those tenants with
share leases. A competitive land
market and the need to support
bigger and newer machinery can
easily lead tenants to pay more than
they should for a cash lease. Share
leases tend to avoid the overpayment
problem as the share percentage is
usually relatively fixed. Since share
leases are not always available, this
paper presents a way for tenants to
determine if a cash lease rate is
reasonable for the area by using a
partial budget approach that
compares lease types.