Worker s liability insurance, property liability insurance, and fire and hazard insurance are also part of the management plan. Outside custom operators are employed to carry out the tillage and harvest practices. The property manager implements the various crop rotation plans, government farm programs, and various conservation practices. Lease operations are either cash lease arrangements or share crop arrangements. Tenants are interviewed and selected by the Bank One property managers in an attempt to insure sound farming and husbandry practices on the land.
Significant interaction occurs between the property manager and the tenant.
Those selected must be capable and willing to meet the goals and objectives we establish for the property they lease. Within all of these management types, the basic goal is two fold to enhance the property value and optimize property income over the long-term. Products and services are made available through various affiliates of Bank One Corporation.