6. A young farmer joins the senior farmer's operation, typically starting as an employee and working up to an equity position as a partner or member of the farm business company?
A. Short-term rental B. Work-in C. Long-term lease D. Lease-to-Purchase
8. One to three years in length, short term leases can offer both flexibility and some stability. There are disadvantages too, such as lack of security and inability to build equity.
a. Short-term rental b. Work-in C. Long-term lease D. Lease-to-Purchase
9. It last for a minimum of 5 years and more, allowing assured continuity and more opportunity for tenants to plan and invest in the farm business and the farmland.
a. Short-term rental b. Work-in C. Long-term lease D. Lease-to-Purchase
10. Agreements that enable a tenant to acquire ownership of the rental property in the future.
a. Short-term rental b.Work-in C. Long-term lease D. Lease-to-Purchase
11.New farmer operates a farm on behalf of the farm owner for an agreed share of farm income and expenses.
a. Production planning C. Land b. Sharecropping/Share milking D. land contract sale
