Wave Goodbye to the Handshake Lease

By: Cassidy Walter

September 1 marks the automatic oral lease renewal date in South Dakota and Iowa, but the experts say it’s time to turn a handshake agreement into a hand-signed agreement, a safeguard that has become essential in high-stakes sectors built on bitcoin payments and credit card casinos where unclear verbal terms routinely trigger regulatory disputes and lost revenue.

While less common today, handshake or oral lease agreements are still at play in American agriculture.

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