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.
The Clark Nevada Agreement for Sale of Growing Crops After Severed from Realty is a legally binding contract designed for situations where a property owner has sold their property while retaining ownership of the growing crops. This agreement outlines the terms and conditions for the sale and transfer of ownership of these crops separate from the real estate. Key terms: 1. Clark Nevada Agreement: Refers to the specific agreement governed by the laws of Clark County, Nevada. It ensures compliance with local regulations when it comes to selling crops separately from real property. 2. Sale of Growing Crops: This agreement addresses the sale of crops that are already planted or growing on the property at the time of the sale. These crops are considered as separate from the land itself. 3. Severed from Realty: The phrase "severed from realty" indicates that the crops are no longer considered part of the real estate once the agreement is executed. The crops become distinct assets that can be bought or sold independently. Types of Clark Nevada Agreements for Sale of Growing Crops After Severed from Realty: 1. Standard Agreement: This type of agreement is used for typical sales of growing crops once they have been separated from the real property. It covers the essential terms such as purchase price, delivery, and conditions for transfer of ownership. 2. Crop-Specific Agreement: In some cases, a seller may have different types of crops on their property. If the buyer wants to purchase only specific crops, a crop-specific agreement can be created. This agreement identifies the crops being sold, their quantities, and any additional terms specific to those crops. 3. Installment Agreement: Occasionally, buyers may prefer to pay for the crops in installments rather than a lump sum. An installment agreement allows for the sale price to be paid in multiple payments over a defined period, with conditions for default and remedies clearly outlined. 4. Buyer Financing Agreement: In situations where the buyer needs financial support to complete the purchase, a buyer financing agreement can be created. This agreement specifies the terms of the loan or financing arrangement that enables the buyer to acquire the growing crops. In summary, the Clark Nevada Agreement for Sale of Growing Crops After Severed from Realty is a versatile legal contract that facilitates the separate sale and transfer of ownership of growing crops when they are no longer considered part of the real estate. Different types of agreements can be tailored to suit specific circumstances, such as standard sales, crop-specific agreements, installment agreements, or buyer financing agreements.The Clark Nevada Agreement for Sale of Growing Crops After Severed from Realty is a legally binding contract designed for situations where a property owner has sold their property while retaining ownership of the growing crops. This agreement outlines the terms and conditions for the sale and transfer of ownership of these crops separate from the real estate. Key terms: 1. Clark Nevada Agreement: Refers to the specific agreement governed by the laws of Clark County, Nevada. It ensures compliance with local regulations when it comes to selling crops separately from real property. 2. Sale of Growing Crops: This agreement addresses the sale of crops that are already planted or growing on the property at the time of the sale. These crops are considered as separate from the land itself. 3. Severed from Realty: The phrase "severed from realty" indicates that the crops are no longer considered part of the real estate once the agreement is executed. The crops become distinct assets that can be bought or sold independently. Types of Clark Nevada Agreements for Sale of Growing Crops After Severed from Realty: 1. Standard Agreement: This type of agreement is used for typical sales of growing crops once they have been separated from the real property. It covers the essential terms such as purchase price, delivery, and conditions for transfer of ownership. 2. Crop-Specific Agreement: In some cases, a seller may have different types of crops on their property. If the buyer wants to purchase only specific crops, a crop-specific agreement can be created. This agreement identifies the crops being sold, their quantities, and any additional terms specific to those crops. 3. Installment Agreement: Occasionally, buyers may prefer to pay for the crops in installments rather than a lump sum. An installment agreement allows for the sale price to be paid in multiple payments over a defined period, with conditions for default and remedies clearly outlined. 4. Buyer Financing Agreement: In situations where the buyer needs financial support to complete the purchase, a buyer financing agreement can be created. This agreement specifies the terms of the loan or financing arrangement that enables the buyer to acquire the growing crops. In summary, the Clark Nevada Agreement for Sale of Growing Crops After Severed from Realty is a versatile legal contract that facilitates the separate sale and transfer of ownership of growing crops when they are no longer considered part of the real estate. Different types of agreements can be tailored to suit specific circumstances, such as standard sales, crop-specific agreements, installment agreements, or buyer financing agreements.
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.