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Farm Rents Need a Do-Over
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BOBIL
Posted 10/26/2008 02:10 (#491080 - in reply to #491057)
Subject: RE: You bid it YOU Pay it


CIL
Heard that some offering very high cash rents had a separate corporation set up to rent land. If they backed out, and even if the landlord had a signed contract, it meant nothing as the corporation they used to rent the land had no assets in it. Thus, it could not be sued. Landlords beware.

Edited by BOBIL 10/26/2008 02:14
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