Flex In the Rent
Fri Dec 7, 2012 11:59 AM CST

It's not that Evelyn Kapping was totally surprised by the bonus rent check she received from Bruce Lantzky following the 2011 harvest. She was taken pleasantly aback that it was nearly half again the amount of base rent she had received in the spring.

"It felt great," says Kapping, a widow who turned 80 this year and has lived on the farm near Nashua, Iowa, since 1961. Lantzky rents 100 acres from Kapping, and for the past two years, they have used a flexible-lease agreement. She ...

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