In hindsight, it probably would have helped to insert some penalty clauses in your lease clarifying what he would have to pay you if he broke the terms of the lease.
After saying that, I realize that I have 160 acres in the Ozarks National Forest, inside a wildlife management area, that I lease out for $500 a year plus he pays for the hunter's and the landowner's insurance policies on the property, and my lease agreement is all of three lines long.![]()
Cough cough -- giving it away --cough.
Uh, would you like to see my slightly longer version?
I blah blah blah'ed out the identifying parts, but that is what the guy signed. I thought it was good to go. We discussed the terms in depth and I made several word changes prior to the signing. Oh well. As they say, "Scam happens".
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