This may or may not be the case. Some costs are reduced, but the tenant may have to invest in new equipment and additional management is required. In addition, the landlord may also receive some of the production benefits from no-till and the property is better protected from erosion. The landlord is usually responsible for insuring against casualty loss on the buildings and property. The tenant should insure his machinery, grain and livestock kept on the landlord's property.
Crop insurance is often up to each party and the risk they want to assume.
The best way to avoid misunderstanding and make sure everyone agrees is to use a written lease. In addition a well-written lease provides legal protections for both the landlord and tenant. For more information on farm leases or sample lease forms, contact an extension farm management specialist or the county University Outreach and Extension Center. It is intended to facilitate those with storage to rent and those that need storage. It works similar to the electronic hay listing.