Posted 1/27/2019 13:08 (#7276357 - in reply to #7276091) Subject: RE: Update on turning over to next generation
NE Iowa
"Or they can sell to brother or sister. Terms if they want to sell. 75% reduced value, nothing down,
40 year contract, lowest interest allowed by law. " I like this but do u need to add any clarity as far as what happens if the one buying the farm misses a payment or does not hold up the obligation of the contract. At that point should the sibling selling the farm get ownership and be able to sell to anyone?