The Uniform Commercial Code (UCC) has been adopted in whole or in part by the legislatures of all 50 states.
Section 2-107 classifies items to be severed from realty and growing crops, or timber to be cut, in terms of whether the items constitute goods that may be made the subject of a sale and whether a transaction concerning them is a sale before severance. The section provides that certain attached and embedded things are "goods" when they are to be severed by the seller. This category consists of minerals in the ground, including oil and gas, and structures on land. Also treated as goods are: (1) standing timber; (2) growing crops; and (3) any other thing attached to land, provided it can be removed without causing material harm to the land.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Title: Bexar Texas Agreement for Sale of Growing Crops After Severed from Realty: A Comprehensive Guide Introduction: The Bexar Texas Agreement for Sale of Growing Crops After Severed from Realty is a legally binding document that facilitates the transition of ownership of growing crops once they have been severed or separated from the land they were initially cultivated on. This agreement ensures a smooth transfer of rights and responsibilities between the seller and the buyer, protecting both parties' interests. In Bexar County, Texas, different types of these agreements may be applicable, serving various purposes depending on specific circumstances. Key Elements of the Bexar Texas Agreement for Sale of Growing Crops After Severed from Realty: 1. Identification of Parties: — The agreement clearly identifies the seller, who is the owner of the crops at the time of the agreement, and the buyer, who will acquire ownership rights once the crops are severed. 2. Crop Description: — The agreement provides a detailed description of the crops being sold, including types, quantities, and any specific characteristics that may affect their value. 3. Purchase Price and Terms: — The agreement outlines the agreed-upon purchase price for the crops and includes provisions for the payment terms, such as lump sum or installment payments. 4. Transfer of Ownership: — This section delineates how and when the ownership of the crops will be transferred from the seller to the buyer. It may include specific conditions, such as inspection, delivery, or any legal requirements for transfer. 5. Seller's Representations: — The seller provides assurances regarding the condition, quality, and legitimacy of the crops being sold. This section may also include any warranties or guarantees offered by the seller. 6. Risk of Loss: — The agreement specifies which party bears the risk of loss associated with the crops during the period between the agreement and the actual transfer of ownership. This is crucial in case of unforeseen events like natural disasters or damage during transportation. 7. Indemnification: — This section details the responsibilities of each party regarding any claims, damages, or liabilities arising from the crops and their sale. It protects both parties from potential legal disputes. Different Types of Bexar Texas Agreements for Sale of Growing Crops After Severed from Realty: 1. Bexar Texas Agreement for Sale of Common Crops: — This type of agreement pertains to the sale of commonly cultivated crops such as corn, wheat, soybeans, or vegetables. 2. Bexar Texas Agreement for Sale of Specialized Crops: — Specialized crops such as rare herbs, organic produce, or unique florals require specific agreements tailored to meet their unique requirements. 3. Bexar Texas Agreement for Sale of Timber Crops: — When dealing with timber crops, including but not limited to trees and woods used for various purposes such as construction or furniture making, a specialized agreement would be necessary due to different considerations. Conclusion: The Bexar Texas Agreement for Sale of Growing Crops After Severed from Realty is essential in facilitating a transparent and fair transfer of ownership between sellers and buyers of crops severed from the land they were grown on. By comprehensively addressing key aspects such as parties involved, crop description, purchase terms, ownership transfer, and risk allocation, these agreements ensure smooth transactions and protect the rights and obligations of both parties.Title: Bexar Texas Agreement for Sale of Growing Crops After Severed from Realty: A Comprehensive Guide Introduction: The Bexar Texas Agreement for Sale of Growing Crops After Severed from Realty is a legally binding document that facilitates the transition of ownership of growing crops once they have been severed or separated from the land they were initially cultivated on. This agreement ensures a smooth transfer of rights and responsibilities between the seller and the buyer, protecting both parties' interests. In Bexar County, Texas, different types of these agreements may be applicable, serving various purposes depending on specific circumstances. Key Elements of the Bexar Texas Agreement for Sale of Growing Crops After Severed from Realty: 1. Identification of Parties: — The agreement clearly identifies the seller, who is the owner of the crops at the time of the agreement, and the buyer, who will acquire ownership rights once the crops are severed. 2. Crop Description: — The agreement provides a detailed description of the crops being sold, including types, quantities, and any specific characteristics that may affect their value. 3. Purchase Price and Terms: — The agreement outlines the agreed-upon purchase price for the crops and includes provisions for the payment terms, such as lump sum or installment payments. 4. Transfer of Ownership: — This section delineates how and when the ownership of the crops will be transferred from the seller to the buyer. It may include specific conditions, such as inspection, delivery, or any legal requirements for transfer. 5. Seller's Representations: — The seller provides assurances regarding the condition, quality, and legitimacy of the crops being sold. This section may also include any warranties or guarantees offered by the seller. 6. Risk of Loss: — The agreement specifies which party bears the risk of loss associated with the crops during the period between the agreement and the actual transfer of ownership. This is crucial in case of unforeseen events like natural disasters or damage during transportation. 7. Indemnification: — This section details the responsibilities of each party regarding any claims, damages, or liabilities arising from the crops and their sale. It protects both parties from potential legal disputes. Different Types of Bexar Texas Agreements for Sale of Growing Crops After Severed from Realty: 1. Bexar Texas Agreement for Sale of Common Crops: — This type of agreement pertains to the sale of commonly cultivated crops such as corn, wheat, soybeans, or vegetables. 2. Bexar Texas Agreement for Sale of Specialized Crops: — Specialized crops such as rare herbs, organic produce, or unique florals require specific agreements tailored to meet their unique requirements. 3. Bexar Texas Agreement for Sale of Timber Crops: — When dealing with timber crops, including but not limited to trees and woods used for various purposes such as construction or furniture making, a specialized agreement would be necessary due to different considerations. Conclusion: The Bexar Texas Agreement for Sale of Growing Crops After Severed from Realty is essential in facilitating a transparent and fair transfer of ownership between sellers and buyers of crops severed from the land they were grown on. By comprehensively addressing key aspects such as parties involved, crop description, purchase terms, ownership transfer, and risk allocation, these agreements ensure smooth transactions and protect the rights and obligations of both parties.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
