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treit2002

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treit2002

Re: The Swede post# 5589

Wednesday, 04/20/2011 6:13:38 PM

Wednesday, April 20, 2011 6:13:38 PM

Post# of 163719


This refers to the dairy sale.

Don't quote me. I think this means SIAF sold the dairy with land use rights subject to the Land Authority's approval, which was given verbally. Also, the Authority agreed to a rebate verbally, but if it doesn't happen, the purchaser must close anyway.

These land use sales are not really different from leasehold property in the U.S.
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