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 Alaska Agreement for Sale of Growing Crops After Severed from Realty is a legal document that outlines the terms and conditions for the sale and purchase of crops that have been severed from the land in Alaska. This agreement is specifically designed for situations where the crops have been separated from the real property before the sale. The agreement includes various key elements that both the seller and the buyer must consider. These elements may vary depending on the parties involved and the specific details of the crop sale. It is essential to include relevant keywords to ensure a comprehensive and accurate description of the agreement. Here are some key terms and types of Alaska Agreement for Sale of Growing Crops After Severed from Realty: 1. Parties: The agreement identifies the seller and the buyer, including their legal names, addresses, and contact information. 2. Description of Crops: The agreement should specifically identify the crops for sale, including their type, condition, expected yield, and any relevant specifications. Keywords related to various crop types such as vegetables, fruits, grains, or specialty crops should be mentioned. 3. Purchase Price: The agreement outlines the total purchase price or the price per unit of the crops. It may also include details on payment terms, such as installment payments or a full lump sum payment. 4. Delivery and Transportation: This section defines the responsibility for delivery and transportation of the crops from the seller's property to the buyer's location. Relevant keywords include logistics, shipping, and transportation arrangements. 5. Inspection and Acceptance: The agreement may require the buyer to inspect the crops upon delivery to ensure they meet the agreed-upon specifications. This section may also state the process for accepting or rejecting the crops and any associated procedures. Keywords such as quality control, acceptance criteria, and rejection process should be included. 6. Risk of Loss: This part covers the allocation of risk in the event of crop loss or damage during transportation or storage. It states which party is responsible for any losses that may occur. Keywords such as indemnification, liability, and insurance can be mentioned. 7. Governing Law: The agreement specifies the laws of Alaska that will govern the interpretation and enforcement of the agreement. Keywords such as jurisdiction and legal framework should be used. 8. Dispute Resolution: This section outlines the mechanism for resolving any disputes that may arise between the parties, such as mediation or arbitration. It may also specify the location and language to be used during dispute resolution proceedings. 9. Severability: A clause addressing the severability of the agreement ensures that if any provision is deemed unenforceable, the remaining provisions will still be valid. Keywords such as validity and enforceability can be included. It is important to note that the specific terms and conditions of the Alaska Agreement for Sale of Growing Crops After Severed from Realty may vary based on individual circumstances and the negotiation between the parties involved. It is recommended to consult with a legal professional when drafting or entering into such an agreement to ensure compliance with relevant laws and to protect the rights and interests of all parties involved.