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Re: UPDATE: dead trees and lush soybeans!
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Posted by paul on June 13, 2005 at 16:07:27 from (209.23.145.68):
In Reply to: Re: UPDATE: dead trees and lush soybeans! posted by john in la on June 13, 2005 at 15:55:01:
Most states have laws dealing with 'perpetual' ag leases and dates by which a farmer needs to be notified that the lease is terminated. As I understand it from other threads on this topic, the farmer is well within his rights to continue the lease until he has been legally notified. This is a difficult concept for non-ag people to understand, but it is the law of much of this land. If you buy a rental house, you can't just take possesion of the house on a Saturday & throw the current renters out on the sidewalk on Sunday. You would need to fullfill their current lease contract before you can do what you will with that house..... Basically the realitor is sticking the new land owners with a lease that they do not know about.... He should be called on it, class action lawsuit or something. Sounds like he has done it to others for several years. Gives realitors a bad name..... --->Paul
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