"Livestock Lease Agreement Template"

What is a Livestock Lease Agreement?

A Livestock Lease Agreement is a contract between farmers that makes it possible for a farmer to have all of the positives of having a bull, cow, or herd of cattle without needing to pay for the full purchase price.

Alternate Name:

  • Cattle Lease Agreement.

In the main sense, a Livestock Lease Agreement allows a farmer to make an income from a herd of livestock even if a farmer no longer has the financial means to feed or take care of them. Therefore saving them the trouble of selling any of their livestock on a permanent basis. If a farmer is having short-term money issues, they can lease their livestock out to another individual or company. Afterward, they can take them back when their funds have recovered and are available, without having to borrow money to purchase additional livestock.

Depending on the terms of the deal, many farmers can avoid other costs as well, such as the expense of some veterinary bills, many of the costs associated with feeding the cattle, or having to replace a bull that dies. You may download a fillable Livestock Lease Agreement template below or use our online form builder to make your own document.


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Livestock Lease Agreement
This ​ L ivestock Lease Agreement (hereinafter referred to as the “Agreement”) is
entered into as of _______________ by and between __________________________,
with a mailing address of ________________________________________________
___________________________ (hereinafter referred to as the “Owner” or “Lessor”)
and ________________________, with a mailing address of ____________________
________________________________________________ (hereinafter referred to as
the “Operator or “Lessee”), collectively referred to as the “Parties,” both of whom
agree to be bound by this Agreement.
The Operator desires to lease from the Owner:
● __________ head(s) of _______________________
Number
Type of Livestock
● __________ head(s) of _______________________
Number
Type of Livestock
● __________ head(s) of _______________________
Number
Type of Livestock
(hereinafter referred to as the “Livestock”) from ___________________________ to
Start Date
___________________________.
End Date
During the term of this Agreement, the Operator agrees to take custody of said
Livestock, to properly breed, graze, pasture, feed, maintain and care for the same all at
the Operator’s expense.
1. Renewal and Expiration. This Agreement shall be automatically renewed for
succeeding _______________________ periods if neither party gives notice of
termination within _______ days of the expiration of this Agreement.
Such renewal shall be noted at the end of this Agreement by noting the year of
renewal, the initial number of heads, and the signature of both Parties signifying
acceptance of the renewal terms as well as acceptance of all other terms and
conditions contained within this entire Agreement.
This Agreement may also expire if the lease is under the terms of a transfer from the
Owner to the Operator, and the Owner’s share of the Livestock has decreased to zero.
Livestock Lease Agreement
This ​ L ivestock Lease Agreement (hereinafter referred to as the “Agreement”) is
entered into as of _______________ by and between __________________________,
with a mailing address of ________________________________________________
___________________________ (hereinafter referred to as the “Owner” or “Lessor”)
and ________________________, with a mailing address of ____________________
________________________________________________ (hereinafter referred to as
the “Operator or “Lessee”), collectively referred to as the “Parties,” both of whom
agree to be bound by this Agreement.
The Operator desires to lease from the Owner:
● __________ head(s) of _______________________
Number
Type of Livestock
● __________ head(s) of _______________________
Number
Type of Livestock
● __________ head(s) of _______________________
Number
Type of Livestock
(hereinafter referred to as the “Livestock”) from ___________________________ to
Start Date
___________________________.
End Date
During the term of this Agreement, the Operator agrees to take custody of said
Livestock, to properly breed, graze, pasture, feed, maintain and care for the same all at
the Operator’s expense.
1. Renewal and Expiration. This Agreement shall be automatically renewed for
succeeding _______________________ periods if neither party gives notice of
termination within _______ days of the expiration of this Agreement.
Such renewal shall be noted at the end of this Agreement by noting the year of
renewal, the initial number of heads, and the signature of both Parties signifying
acceptance of the renewal terms as well as acceptance of all other terms and
conditions contained within this entire Agreement.
This Agreement may also expire if the lease is under the terms of a transfer from the
Owner to the Operator, and the Owner’s share of the Livestock has decreased to zero.
2. Return of Livestock. ​ A ny barren, open, or nonproductive Livestock will, at the
Owner’s option, be returned to the Owner or delivered to the sale barn of the Owner’s
choice for sale.
Thereupon the Owner shall have the option to replace any such barren, open, or
nonproductive Livestock during the term of this Agreement with replacement
Livestock, which has been bred or is suitable for breeding.
The Owner shall have the right to place additional stock Livestock in the custody of
Operator under the terms, conditions, and covenants of this Agreement upon the
consent of Operator.
3. Division of Calves​ . The Operator is to receive _______% of the calves and the
Owner is to receive _______% of the calves. Unless otherwise mutually agreed, the
calves will be split with a gate cut. The Owner receives the first _______% of calves
that walk through the gate.
The division of calves is to be done annually or more frequently if necessary and
mutually agreed upon. It is mutually agreed that the division is to be done at weaning
time when the calves are at an age of approximately _______ months or at a weight of
approximately _______ pounds.
The division may also be done when calves are to be sold.
4. Fences, Corrals, Enclosures, Sheds. ​ T he Operator agrees that all fences, corrals,
enclosures, sheds, and such shall be kept in good repair and that they will retain the
Livestock. The Operator also agrees that all corrals, lots, and pastures shall be kept
free of debris, trash, and other objects that could be reasonably assumed to be harmful
to the Livestock.
5. Death of Livestock. ​ I n the event of the death of Livestock owned by the Owner
while in possession of the Operator, the Operator agrees to present the Owner with
pictures of the deceased Livestock with identification, that portion of the hide
containing the brand or a certificate from the rendering company stating the brand on
the deceased Livestock.
In any event, the Operator agrees to notify the Owner in writing of any death,
emergency, or unusual event as soon as possible.
The Owner and Operator shall share in any loss as a result of death of any calf or
calves up to _______% percent of the increase from said Livestock; any loss in excess
of _______% shall be borne exclusively by the Operator so that the Owner will be
guaranteed a minimum _______% of remaining calf crop from said Livestock each
year.
6. Inspection by Owner. ​ T he Operator agrees to allow the Owner to inspect the
Livestock at reasonable times. The Operator further agrees to keep the Owner
informed as to the location of the Livestock.
7. Early Return. The Operator agrees that if cattle are returned to the Owner prior to
the expiration date of this Agreement or any extension thereof, they shall pay Owner
the sum of $_____________ per month per head.
8. Governing Law and Jurisdiction. ​ T he Parties agree that this Agreement shall be
governed by ____________________ law​ .
State
9. Entire Agreement. The Parties acknowledge and agree that this Agreement
represents the entire agreement between the Parties. In the event that the Parties desire
to change, add, or otherwise modify any terms, they shall do so in writing to be signed
by both parties.
The Parties agree to the terms and conditions set forth above as demonstrated by their
signatures as follows:
OWNER/LESSOR
OPERATOR/LESSEE
Name: ​ _ _____________________
Name: ​ _ _____________________
Signed: ​ _ ____________________
Signed: ​ _ ____________________
Date: _______________________
Date: _______________________
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