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2B. Tract Number(s): CONSERVATION PROGRAM CONTRACT 7. Program (Check One) 3. 4. Contract Number : Primary Fund Code: 5. 6. HUA Number: Priority Area: B. Agricultural Management Assistance (AMA) A. Environmental Quality Incentives Program (EQIP) 8. CONTRACT LANGUAGE THIS CONTRACT is entered into between the Commodity Credit Corporation (referred to as "CCC" and the undersigned owners, operators, or tenants (referred to as "Owner", "Operator", and "Tenant"; respectively) on the farm identi.

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They can keep the grass cover and use the land for grazing ground and/or hunting. If desired and with some conversion of the land, they could put it back into crop production or lease the land to other interested parties for agricultural use. Lastly, they could put the land on the market for sale.

CRP is a land conservation program administered by the Farm Service Agency (FSA). In exchange for a yearly rental payment, farmers enrolled in the program agree to remove environmentally sensitive land from agricultural production and plant species that will improve environmental health and quality.

Normally if a landowner terminates a CRP contract early, they are required to repay all previous payments plus interest. The new policy waives this repayment if the land is transferred to a beginning farmer or rancher through a sale or lease with an option to buy.

Similar to the Conservation Reserve Program (CRP), CSP applications are ranked by the cumulative value of expected environmental benefits in a given contract. Unlike CRP, the CSP payment is based on the Environmental Benefit Ranking Score, not on local land rental rates.

CRP is a land conservation program administered by the Farm Service Agency (FSA). In exchange for a yearly rental payment, farmers enrolled in the program agree to remove environmentally sensitive land from agricultural production and plant species that will improve environmental health and quality.

The Conservation Reserve Program is a voluntary program where landowners enroll agricultural land in contracts in return for an annual rental payment.

If selling or buying land encumbered with a CRP contract, it's beneficial for both parties to understand it's a legally binding contract between the participant and the federal government that should be considered before the buyer and seller go to settlement.

CRP contract holders have the option of taking their acres out of the program early in exchange for returning all payments they have received plus interest and pay a 25% penalty.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232