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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.
WRP is a voluntary program that offers landowners financial and technical assistance to protect, restore, and enhance agricultural wetlands. In comparison to CRP, WRP emphasizes long-term conservation, providing landowners with options of either permanent or 30-year land- retirement easements.
The Wetland Reserve Program (WRP) is a voluntary program that provides technical and financial assistance to eligible landowners to address wetland, wildlife habitat, soil, water, and related natural resource concerns on private lands.
Payments under CREP restoration, riparian buffer, field windbreak, wildlife habitat, or hardwood trees?75 percent. Producers would also receive an annual maintenance payment of $5 per acre. For example: If the normal rental rate is $100 per acre, the incentive rate for a riparian buffer would be $75 per acre.
About the Conservation Reserve Program (CRP) 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.