As I reread your message and get a better grasp on it, I say your friend and the new owner of the land did not understand their responsibilites as land owners/ landlords, and likely owe the renter something for not handling this issue legally and properly.
One of them owes the farmer something, in most states, in most cases. I don't know whickh one a judge would 'punish' for these mistakes, but either the seller or the buyer of the land is morally obligated to make this right with the farmer.
Very poor of them, your friend did not handle this sale properly. Unless there is more to the story, but there should have been yearly notification before fall that this could be the last year of the lease, etc etc etc.
Couple years ago I bought a 40 that was being rented out in January, if the renter would have come at me about it he would have been able to rent it from me for the previous year's rental rate. That was even brought up by the lawyers in the deed signing, that it was an unknown by them but a possibility. I already was aware of that, common knowlege in farm country.
Your friend, in my opinion, made a mistake in how he did business, and in this high-priced cut throat farming ecconomy, likely will face some issues on it.
Might be better to admit his mistake and work something out.
But there can be more to the story and I'm just not understanding your friend's side of the story..... Just have seen this sort of thing happen too often to farmers, land owners trying to take advantage of their tenents. (And yes, I see it the other way around with renters depleating fertilizers, etc too.)
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
