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The tenant's profit is the excess of revenues extracted from the farm, less the rents, administration, levying, and collection expenses. The tenant's skills lie in negotiating a favorable rent by overstating the riskiness of the cash flow stream and effectively managing the assigned debts as a skilled debt-collector and manager.
In Irish and Northern Irish law, a fee farm grant is a hybrid type of land ownership typical in cities and towns. The word fee is derived from fief or fiefdom, meaning a feudal landholding, and a fee farm grant is similar to a fee simple in the sense that it gives the grantee the right to hold a freehold estate, the only difference being the payment of an annual rent ("farm" being an archaic ...
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However, Tazewell County is credited with being the first county to use the name, "Illinois Farm Bureau." The Tazewell County Farm Bureau employed its first farm advisor on June 1, 1913. Sears Roebuck was instrumental in aiding county Farm Bureaus by offering $1000 grants to allow them to begin work throughout the county.
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