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Historical Materials from University of Nebraska-Lincoln Extension

Farm management

1997

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Full-Text Articles in Education

Rp979-56 Long-Term Installment Land Contracts, Robert Gardner, Myron P. Kelsey, Philip E. Harris Jan 1997

Rp979-56 Long-Term Installment Land Contracts, Robert Gardner, Myron P. Kelsey, Philip E. Harris

Historical Materials from University of Nebraska-Lincoln Extension

The installment land contract is both an instrument of transfer and a method of financing sales of land. If properly drawn, it can have a number of advantages for both the buyer and seller. Both parties should contact their attorneys to be sure that the terms of the contract are clearly stated and understood.

This research publication discusses how long-term installment land contracts are used in the agricultural community.