Land Contracts: Owner Financing With a Twist
In the spirit of examining ways to acquire land through seller-financing, it is time to take a look at land contracts. The land contract is a variation of the owner-financed sale, with both mechanisms being a way for a farmer-buyer to come to terms with an owner-seller, independent of third-party bank financing or complementary to […]
Read More →A Primer on the Owner-Financed Farm Sale
There are fewer farm acquisition arrangements more attractive for new farmers than the owner-financed sale. It can be a win-win situation for both the farmer-buyer and owner-seller, as long as both parties are well aware of the risks before entering into an agreement. In an owner-financed sale, title is passed to the farmer-buyer, and the […]
Read More →How to Work Successfully With Non-Farming Landowners
A successful, long-term farm tenure arrangement between farmer and non-farming landowner depends on good communication, and can help you decide whether or not you, as the leasee can realistically meet the non-farming landowner’s goals and expectations, and whether or not the land can realistically meet your goals and expectations. Good communication can also be used […]
Read More →Lease Agreements You and the Landowner Can Relate To
Farm lease agreements can be complex legal documents, but they don’t have to be. Behind every legal provision there is a meaning, a purpose and a potential benefit to both parties of having such language in the lease. I sometimes work through lease agreements with farmers or landowners, and witness their eyes glazing over when […]
Read More →Developing a Lease Agreement You Can Relate To
Farm lease agreements can be complex legal documents, but they don’t have to be. Behind every legal provision there is a meaning, a purpose and a potential benefit to both parties of having such language in the lease. I sometimes work through lease agreements with farmers or landowners, and witness their eyes glazing over when […]
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