Real Estate Law
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Are you talking about some type of lease of the farm, or a purchase, or something else?
Has either party taken any action based on the verbal agreement?
Thank you for that information.
What was the duration of the verbal agreement.... Did the parties say "We will let you use the farm on a yearly basis and split the profits"
Or did they say "we will raise crops/livestock and then sell them when they are ready and split the profits"?