Solar Farm Land Lease Rate Income For Washington Park, North Carolina.
Lease payments are typically in the form of a fixed dollar amount per acre of land leased in Washington Park, North Carolina which is normally paid in annual installments for the life of the lease term. Lease Escalators – While many lease payments remain fixed throughout the lifetime of the lease term, some agreements include a clause that allows lease payments to increase or escalate over time to account for inflation. Insurance – A Washington Park, North Carolina solar Farm land lease should require the developer to provide North Carolina landowners with insurance to protect them from liability in the event of property damage or injury.
