Easements on a piece of property significantly influence how land can be used. Attorney Andrew Marchev and Third-Year Law Student Clinician Veronica Gassert of Three Rivers Law present the different types of easements and common conditions found in each.
Tag: Land ownership
Formas alternativas de comprar la granja
Esta guía explora las siguientes formas alternativas de comprar tierras agrícolas:
- Adquisición de terrenos financiada por el vendedor
- Compra a plazos
- Arrendamiento con opción a compra.
Laws of the Land: What to Know About Your Farm BEFORE You Commit
You’ve heard the phrase ‘location, location, location’ when it comes to choosing a home. It’s no different for farmers when choosing a site for their farm business. All sites come with unique conditions that impact the farm’s viability, including physical characteristics, zoning restrictions, federal and state permitting requirements, and pre-existing third-party rights of neighbors, landlords, tenants, easement holders, or lenders. This webinar will cover the who, what, how, where, and most importantly, why, of identifying the unique characteristics and regulatory requirements tied to your future farm property before you sign on the dotted line.
Presenters: Attorneys Laura Hartz and Stacey Caulk of Drummond Woodsum
Alternative Ways to Buy The Farm
This Guide explores the following alternative ways to purchase farmland:
- Seller-financed land acquisition
- Purchase by installments
- Lease with an option to purchase.
Buying the Farm – Part I
Farmers can obtain rights to farmland in a variety of ways, for example, by entering into a lease with the owner of the farmland, sharing ownership of the land with others, or acquiring full ownership (“fee simple” title) of the farmland. Part I of this Guide focuses on:
(i) the different types of land ownership,
ii) the advantages and disadvantages of purchasing the farmland directly through fee simple ownership, and
(iii) considerations when locating the right farmland to purchase.
Buying the Farm – Part II
Once a deal has been negotiated, a farmer works with the land owner to buy farmland for the agreed-upon purchase price. Part II of this Guide focuses on
(i) the elements of a Purchase and Sale Agreement,
ii) the investigation “due diligence” process that every farmer should undertake,
(iii) the deed and other acquisition closing documents, and
(iv) the closing.
Massachusetts Chapter 61 Tax Program
Chapter 61 programs offer a property tax break for landowners willing to keep their land undeveloped for a specified period of time. This guide provides all you need to know about the Massachusetts Chapter 61 Tax program. After reading this guide, you will know:
- description of Chapter 61 programs in forestry, agriculture and open space
- minimum acreage to qualify for the program
- types of land eligible for the Chapter 61 programs
- tax benefits of the Chapter 61 programs
- what happens if you withdraw from the program
This informative guide was prepared by University of Massachusetts Extension.
Agricultural Easements
Learn more about key legal issues related to agricultural easements that farmers and other landowners should consider, with a focus on Maine. This webinar, presented by attorney Beth Boepple of BCM Environmental & Land Law, includes the key legal issues related to agricultural easements. The webinar covers what agricultural easements are, what you can and can’t do on your property after you have an agricultural easement, possible benefits and drawbacks of this type of easement, who can hold an agricultural easement, and what the value return for your land could be with an easement.
Please Note: The speaker experienced some technical difficulties advancing her slides for the first third of the presentation. Viewers may consider listening to this webinar rather than also watching the visuals, to avoid confusion.