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.
Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: A Comprehensive Guide In Wayne County, Michigan, the Agreement for Sale of Growing Crops After Severed from Realty is a legal document that establishes the terms and conditions for the sale and purchase of crops that are severed from real estate. This agreement governs the transaction between the seller, who owns the land where the crops are grown, and the buyer, who intends to acquire the crops after they have been severed from the real property. This agreement is crucial in situations where the crops have not yet been harvested, but the landowner wishes to transfer the ownership of these crops separately from the real estate. By entering into this contract, both parties can ensure a smooth and coordinated transition of the crops without any disputes or legal complications. Key Elements of the Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: 1. Identifying Information: The agreement should include the names, addresses, and contact details of both the buyer and the seller, clearly identifying the involved parties. 2. Description of the Crops: The agreement should provide a detailed description of the crops being sold, including the type, quantity, and any relevant characteristics that may affect the value or the sale. 3. Purchase Price and Terms: The agreement should specify the agreed-upon purchase price for the crops, as well as the terms of payment, including any installments or contingencies. 4. Delivery and Severance: This section should outline the timeline and logistics for delivering the crops to the buyer after they have been severed from the real estate. It may also include any specific conditions for harvesting, packaging, or transportation. 5. Representations and Warranties: The agreement should include representations and warranties from both parties, ensuring that each party has the right to sell or purchase the crops and that there are no third-party claims or encumbrances on either the crops or the real estate. 6. Risk of Loss: This section typically addresses the allocation of risk between the parties in the event of damage or loss to the crops before or after severance. Types of Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: 1. General Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: This is the standard agreement used for most transactions involving the sale of crops severed from real estate in Wayne County, Michigan. 2. Customized Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: Depending on the specific circumstances of the transaction, parties may choose to customize the agreement to address any unique terms, conditions, or contingencies. It is important to consult with a qualified attorney familiar with Wayne Michigan's laws and regulations when drafting or entering into an Agreement for Sale of Growing Crops After Severed from Realty in order to ensure compliance and protect the rights and interests of all parties involved.Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: A Comprehensive Guide In Wayne County, Michigan, the Agreement for Sale of Growing Crops After Severed from Realty is a legal document that establishes the terms and conditions for the sale and purchase of crops that are severed from real estate. This agreement governs the transaction between the seller, who owns the land where the crops are grown, and the buyer, who intends to acquire the crops after they have been severed from the real property. This agreement is crucial in situations where the crops have not yet been harvested, but the landowner wishes to transfer the ownership of these crops separately from the real estate. By entering into this contract, both parties can ensure a smooth and coordinated transition of the crops without any disputes or legal complications. Key Elements of the Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: 1. Identifying Information: The agreement should include the names, addresses, and contact details of both the buyer and the seller, clearly identifying the involved parties. 2. Description of the Crops: The agreement should provide a detailed description of the crops being sold, including the type, quantity, and any relevant characteristics that may affect the value or the sale. 3. Purchase Price and Terms: The agreement should specify the agreed-upon purchase price for the crops, as well as the terms of payment, including any installments or contingencies. 4. Delivery and Severance: This section should outline the timeline and logistics for delivering the crops to the buyer after they have been severed from the real estate. It may also include any specific conditions for harvesting, packaging, or transportation. 5. Representations and Warranties: The agreement should include representations and warranties from both parties, ensuring that each party has the right to sell or purchase the crops and that there are no third-party claims or encumbrances on either the crops or the real estate. 6. Risk of Loss: This section typically addresses the allocation of risk between the parties in the event of damage or loss to the crops before or after severance. Types of Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: 1. General Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: This is the standard agreement used for most transactions involving the sale of crops severed from real estate in Wayne County, Michigan. 2. Customized Wayne Michigan Agreement for Sale of Growing Crops After Severed from Realty: Depending on the specific circumstances of the transaction, parties may choose to customize the agreement to address any unique terms, conditions, or contingencies. It is important to consult with a qualified attorney familiar with Wayne Michigan's laws and regulations when drafting or entering into an Agreement for Sale of Growing Crops After Severed from Realty in order to ensure compliance and protect the rights and interests of all parties involved.
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.
