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.
Nebraska Agreement for Sale of Growing Crops After Severed from Realty Description: The Nebraska Agreement for Sale of Growing Crops After Severed from Realty is a legal document used in Nebraska to establish the terms and conditions for the sale of growing crops that have been severed from the real estate property. This agreement is essential to protect the interests of both the seller and buyer by clearly defining the rights, responsibilities, and obligations of each party involved in the sale. This agreement becomes necessary when the growing crops, such as corn, wheat, soybeans, or other agricultural products, have been separated from the land on which they were originally grown and are ready for sale. It covers various aspects related to the purchase, including the transfer of ownership, pricing, payment terms, and delivery requirements. Key elements included in the Nebraska Agreement for Sale of Growing Crops After Severed from Realty may include: 1. Identification of Parties: The agreement begins by clearly stating the names and addresses of the seller (party selling the crops) and the buyer (party purchasing the crops). 2. Description of Crops: It includes a detailed description of the growing crops, including the type, quantity, quality, and any additional specific characteristics necessary for identification. 3. Purchase Price and Payment Terms: This section outlines the agreed-upon purchase price for the crops and the method of payment, such as lump sum or installments. It may also mention any additional expenses, such as delivery or storage costs, and how they will be handled. 4. Delivery: The agreement specifies the delivery terms for the crops, which may include the location of delivery, transportation responsibilities, and the timeline for completion. 5. Risk of Loss and Insurance: It clarifies the party responsible for any potential loss or damage to the crops during transportation or storage. It may also address the issue of crop insurance and whether the buyer or seller will bear the associated costs. 6. Title and Transfer of Ownership: This part establishes when the ownership of the crops will transfer from the seller to the buyer. It may outline the necessary documentation or actions required to complete the transfer successfully. 7. Seller's Representations and Warranties: The agreement may include a section where the seller makes certain promises regarding the quality, condition, and legal status of the crops being sold. 8. Indemnification and Remedies: This part covers the remedies available to each party in case of breach of the agreement and outlines the potential compensation or damages that may be sought. Different types of Nebraska Agreement for Sale of Growing Crops After Severed from Realty may exist to cater to specific crop types, such as "Nebraska Agreement for Sale of Growing Corn After Severed from Realty" or "Nebraska Agreement for Sale of Growing Wheat After Severed from Realty." These variations aim to address any unique considerations associated with different crops, ensuring that the agreement aligns with the specific requirements of each transaction. In conclusion, the Nebraska Agreement for Sale of Growing Crops After Severed from Realty is a crucial legal document that outlines the terms and conditions for the sale of severed growing crops. It safeguards the interests of both parties involved and ensures clarity in the transaction process while addressing any potential risks or disputes.Nebraska Agreement for Sale of Growing Crops After Severed from Realty Description: The Nebraska Agreement for Sale of Growing Crops After Severed from Realty is a legal document used in Nebraska to establish the terms and conditions for the sale of growing crops that have been severed from the real estate property. This agreement is essential to protect the interests of both the seller and buyer by clearly defining the rights, responsibilities, and obligations of each party involved in the sale. This agreement becomes necessary when the growing crops, such as corn, wheat, soybeans, or other agricultural products, have been separated from the land on which they were originally grown and are ready for sale. It covers various aspects related to the purchase, including the transfer of ownership, pricing, payment terms, and delivery requirements. Key elements included in the Nebraska Agreement for Sale of Growing Crops After Severed from Realty may include: 1. Identification of Parties: The agreement begins by clearly stating the names and addresses of the seller (party selling the crops) and the buyer (party purchasing the crops). 2. Description of Crops: It includes a detailed description of the growing crops, including the type, quantity, quality, and any additional specific characteristics necessary for identification. 3. Purchase Price and Payment Terms: This section outlines the agreed-upon purchase price for the crops and the method of payment, such as lump sum or installments. It may also mention any additional expenses, such as delivery or storage costs, and how they will be handled. 4. Delivery: The agreement specifies the delivery terms for the crops, which may include the location of delivery, transportation responsibilities, and the timeline for completion. 5. Risk of Loss and Insurance: It clarifies the party responsible for any potential loss or damage to the crops during transportation or storage. It may also address the issue of crop insurance and whether the buyer or seller will bear the associated costs. 6. Title and Transfer of Ownership: This part establishes when the ownership of the crops will transfer from the seller to the buyer. It may outline the necessary documentation or actions required to complete the transfer successfully. 7. Seller's Representations and Warranties: The agreement may include a section where the seller makes certain promises regarding the quality, condition, and legal status of the crops being sold. 8. Indemnification and Remedies: This part covers the remedies available to each party in case of breach of the agreement and outlines the potential compensation or damages that may be sought. Different types of Nebraska Agreement for Sale of Growing Crops After Severed from Realty may exist to cater to specific crop types, such as "Nebraska Agreement for Sale of Growing Corn After Severed from Realty" or "Nebraska Agreement for Sale of Growing Wheat After Severed from Realty." These variations aim to address any unique considerations associated with different crops, ensuring that the agreement aligns with the specific requirements of each transaction. In conclusion, the Nebraska Agreement for Sale of Growing Crops After Severed from Realty is a crucial legal document that outlines the terms and conditions for the sale of severed growing crops. It safeguards the interests of both parties involved and ensures clarity in the transaction process while addressing any potential risks or disputes.
