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CRP buy out?
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Tim Cooke
Posted 11/19/2010 21:11 (#1444221)
Subject: CRP buy out?


Has anyone done it? Looked into it today. Confused to say the least. Thinking of ending a fifteen year contract in year eight. FSA produced a sheet that included the following charges. Establishment fees plus interest. Each year of payment plus interest. They want the funds paid from the contract. I expected a fee for not finishing the contract.

Establishment cost is a one time expense regardless of life of contract. The "rental fee" was paid for each year of "rental".

What is the logic I am missing tonight?

Tim
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