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re: Law Question
Posted on 9/13/18 at 9:12 am to huntfish26
Posted on 9/13/18 at 9:12 am to huntfish26
quote:
A farm is owned by multiple people (more than 6). It is a joint venture. 55% of the ownership interests want to sell. 45% of ownership doesn't want to sell.
To many unanswered questions here. What do you mean by joint venture? Is there a formal JV agreement? That would determine what rights the parties have. Or are you just calling it a joint venture because multiple people own the land. Are you talking about selling land? or an actual farming operation while still owning the land?
Posted on 9/13/18 at 10:05 am to Ex-Popcorn
There is not a Joint Venture agreement. I'm just calling it a joint venture because multiple people own the land. I am talking about selling land, not a farming operation.
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