Agricultural News
Hunting Leases can Provide Land Owners with Additional Revenue
Tue, 28 May 2013 11:50:11 CDT
Oklahoma landowners can do more with their property than just farm it.
Leasing land for recreational hunting can provide a little extra cash in the pocket, labor resources for their land, perhaps a few new friends and a reduction in trespassing, said Dwayne Elmore, Oklahoma State University Cooperative Extension wildlife specialist.
"Leasing for recreational hunting has become a major source of revenue for landowners," he said. "In fact, in many areas, revenue generated from hunting leases has surpassed lease rates for more traditional agriculture production."
While leasing land for hunting seems very simple, there are some precautions that need to be considered by landowners to have a successful lease.
It is important for a landowner to carefully screen and select good lessees to reduce liability. To do so, it is advised that landowners should take time to visit with potential lessees.
The lease also should have conditions for termination, a legal description of the property, rights granted or withheld, terms of payment, effective dates, liability waivers and acknowledgements of risk, Elmore said.
An example of a draft lease agreement is available in the Oklahoma Cooperative Extension Service Fact Sheet NREM-5032 located at http://okla.st/NREM5032pdf.
Property owners should consider leasing their private land for reasons besides revenue.
"Often, services provided by the lessee are of greater value to landowners, particularly older or absentee landowners who may not be able to take care of the land as they would like to," Elmore said. "Many lessees would be willing to offer labor in exchange for access to private land."
A final consideration for landowners is the compatibility of a lease with current land management. Management for wildlife can be very compatible with cattle and agriculture production, with the primary consideration of having abundant native habitat.
"Introduced pastures are much less productive for wildlife, and will almost always yield much lower lease rates," he said. "Cultivated agriculture land can provide good wildlife habitat, and hence good lease rates, assuming that most of the landscape is still in native habitat."
Local natural resource conservation offices can help landowners determine the proper stocking rate for certain land objectives.
"Farmers can help diversify their farm income by maintaining wide fence rows and field corners in native range or forest," Elmore said. "Having larger blocks of native habitat between fields also will increase the value of this land for lease hunting."
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