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Land rent contract buyout?
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Donald
Posted 3/14/2020 20:01 (#8105080 - in reply to #8104891)
Subject: RE: Land rent contract buyout?


west central Ohio
danwarner - 3/14/2020 19:03

We use a generic rental agreement which didn't specify an amount in this situation. It is very rare around here that a piece would get sold after inputs are locked in and before a crop is started. There is usually some advance notice to prepare accordingly. Was allowed to make multiple offers that weren't accepted. I like the average profit idea, probably not interested in the 350/ac reputation at this time.

Thanks for the thoughts.


I would probably let him make multiple offers
except the best one
or just farm it for the remaining years of the contract
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