Agricultural Leasing FAQ
What do I need in order to be able to bid at agricultural lease auctions?
Prospective bidders are required to provide a driver license number or tax ID number in order to bid. If bidding for a corporation, limited partnership, or limited liability company, a Federal Identification Number must be submitted. Successful bidders must provide Social Security numbers or Federal Identification Numbers to execute a lease with the Land Office.
Who owns the fences, barns, windmills, etc., on Land Office Leases?
Generally, improvements belong to the lessee. Improvements must be removed or disposed of within 60 days after expiration of lease contract. They may be sold to the new lessee or removed by the former lessee. The value of the improvements is established by the owner.
Does the Land Office pay for fences, which are needed on the Lease?
No, all fences required by agreement or by operation of law shall be constructed and paid for by lessee. An improvement request form must be approved before construction; fences then become the property of the lessee. If any improvements are owned by the Land Office, it will be noted in the lease auction notice and the lease contract.
Can I plant a wheat crop during the final year of the contract if I have already planted and harvested a summer crop that same year?
Normally, no. According to Paragraph 4.3.11, of the school land lease contract: “double cropping shall not be permitted.” Please refer to the definition of double cropping for details.
Do I have to plow the cropland acres if I only run cattle?
Yes, you are required to maintain bases and protect the land from waste.
Is my final bid price my annual rent or a bonus?
The final bid price at the auction is the amount to be paid for each year of the contract.
Does the Land Office pay for soil conservation work?
Please see the conservation page for more information.
Can my School Land lease be sold during my lease term?
Yes the Land Office reserves the right to sell, exchange, or commercially develop all or a portion of the lease at any time. See Paragraph 2.3 for more information. Lessees will be notified well in advance of the potential sale to ensure disruptions to the lessee’s operation are minimized. If the interference is $25.00 or more rent may be adjusted.
Where can I get more information about specific leases?
The best source for detailed information about a specific lease is the Real Estate Management Specialist for that area. You may also contact the Real Estate Division at 405-521-4128 or via email at CLORealEstateDivision@clo.ok.gov.
Can I irrigate a lease?
Yes. Many leases have irrigation wells or are adjacent to land with an irrigation well. The lessee may apply for an irrigation permit at a charge determined by the market value rental amount for irrigated acres for comparable deeded land. Permits run April 1 to March 31 of the following year.
Where can I find county maps showing agricultural lease locations?
Please click here to find a list of maps by county showing agricultural lease locations.