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| Put the buyer on the spot. Tellhim he has one chance and one chance only to come up with a suitable bid. If the offer is sweet enough you may accept it. Other than that you will farm the land as your lease allows.s
Tell him to make a good bid because there will be no second chance. Therefore you must decide what is an acceptable offer.
I wuld not only figure my rents and input costs but also the profit potential. Then I would put the obligation to come up with a worthy bid on his shoulders. | |
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Farm lease buy-out
