Tenant Assets

Tenant assets refer to the physical and intangible resources that a tenant, such as a sharecropper, brings to a landowner's property in exchange for the right to use the land. This can include tools, livestock, and labor, as well as skills and knowledge. Sharecropping is a system in which a landowner allows a tenant to use their land in exchange for a share of the crops produced. Sharecropping was a common practice during the late 19th and early 20th centuries, with many African American farmers working as sharecroppers on white-owned land. The US Department of Agriculture states that sharecropping was a major factor in the development of the rural economy in the United States.