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Financing A Farmland Purchase: Legal basics for traditional and non-traditional farmland purchases
March 23, 2015 @ 1:00 pm
Finding money to purchase land and capital is a huge issue for many farmers. Bank loans, land contracts (aka contracts for deed), and family financing offer some solutions. The legal language behind promissory notes, security agreements, land contracts, and mortgages isn’t just “boilerplate.” Farmers will learn the basics behind these documents. Farmers are also exploring new opportunities such as crowdsourcing funds from farm customers, friends, and members. To avoid costly fines, farmers must pay attention to the state and federal securities laws that affect these opportunities. This webinar will give farmers knowledge of the legal basics when financing farmland.