If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Leased Entitlements payment

farmqi28 · 2023-08-21 23:49:12

Has anyone been payed for entitlements that were leased out yet?

22-08-2023 12:49am

#1

farmqi28

Registered Users Posts: 18 ✭

Join Date: July 2023

Posts: 16

Has anyone been payed for entitlements that were leased out yet?

0

Comments

#2 22-08-2023 7:22am

PoorFarmer

Registered Users, Registered Users 2 Posts: 590 ✭✭✭

Join Date: November 2015

Posts: 575

Are you the lessor or lessee?
Was the deal done through a third party or directly between both parties?
From my experience the payment is held by a third party (if you went through the third party route) until payment on the entitlements has been drawn down by the lessee. This is to protect both parties in the lease agreement. If this was the case then you should have been made aware that payment would be held off until then.

1
#3 22-08-2023 7:36am

Hard Knocks

Registered Users, Registered Users 2 Posts: 4,064 ✭✭✭

Join Date: May 2017

Posts: 4057

https://www.boards.ie/discussion/2058310285/leased-entitlements-payment

Have you received a message on agfood to say the transfer has gone through. Generally this takes place before the funds are released.

1
#4 22-08-2023 8:54am

farmqi28

Registered Users Posts: 18 ✭

Join Date: July 2023

Posts: 16

I'm the lessor, I leased them out through two auctioneers. I was usually payed end of July by the auctioneer.

0
#5 22-08-2023 8:55am

farmqi28

Registered Users Posts: 18 ✭

Join Date: July 2023

Posts: 16

No message yet, perhaps processing is just slower this year.

1