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 Missouri Agreement for Sale of Growing Crops After Severed from Realty is a legal document outlining the terms and conditions of selling crops that have been separated from the land they were grown on. This agreement is applicable in Missouri and is designed to protect the rights and interests of both the seller and the buyer. Key points covered in the agreement include: 1. Parties involved: The agreement begins by clearly stating the names and contact details of the seller and the buyer. This ensures that both parties are properly identified and helps avoid any confusion or disputes. 2. Description of crops: The agreement describes the crops being sold in detail, including their type, quantity, and quality. This information ensures that both parties are aware of what is being transacted and helps prevent misunderstandings. 3. Purchase price: The document specifies the agreed-upon price for the crops. It also outlines the payment terms, such as whether it will be paid in a lump sum or in installments, and the deadline for payment. Clarifying these details helps avoid payment-related conflicts. 4. Delivery and acceptance: The agreement specifies how and when the crops will be delivered to the buyer. It outlines any specific conditions or requirements for the delivery and includes provisions for the buyer to inspect and accept the crops upon arrival. 5. Risk of loss: This section clarifies who bears the risk of loss or damage to the crops during transportation or after delivery but before payment. It ensures that both parties understand their responsibilities regarding the crops' condition and mitigates any uncertainties. Different types of Missouri Agreements for Sale of Growing Crops After Severed from Realty: 1. General Agreement for Sale of Growing Crops After Severed from Realty: This is the standard agreement applicable for all types of crops being sold after severance from property in Missouri. It covers the basic elements mentioned above. 2. Customized Agreement for Specific Crops: In cases where unique provisions are required for the sale of specific crops (e.g., specialized equipment for transportation), a customized agreement can be drafted to address those requirements while still adhering to the legal framework provided by the general agreement. 3. Agreement with Other Agricultural Provisions: There may be instances where other agricultural provisions need to be incorporated into the agreement. For example, if the crops were grown using specific farming practices or if there are regulations regarding the transportation of certain crops, an agreement can be tailored to these specific circumstances. 4. Agreement with Confidentiality Clause: In certain situations, the buyer or seller may require confidentiality regarding the transaction details. In such cases, an agreement can be modified to include a confidentiality clause, ensuring that sensitive information is protected and not disclosed to third parties. Overall, the Missouri Agreement for Sale of Growing Crops After Severed from Realty serves as a legally binding contract that protects the interests of both parties involved in the sale of crops. By carefully addressing important details and potential contingencies, this agreement helps establish clear expectations and fosters a mutually beneficial transaction.
