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 Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty is a legally binding document that outlines the terms and conditions for the sale of crops that have been severed from a real estate property. This agreement is commonly employed in Tarrant County, Texas, and governs the transfer of ownership and responsibilities related to the crops. The agreement includes essential details such as the names and contact information of the buyer and seller, the legal description of the severed property, and a comprehensive list of the growing crops included in the sale. It also specifies the purchase price, payment terms, and any conditions or contingencies that need to be met. Furthermore, the agreement may address various factors related to the growing crops, such as the farming practices employed, the use of pesticides or chemicals, and the allocation of water rights. Additionally, it may discuss the rights of the buyer to access and maintain the severed crops until the purchase is completed. Different types of Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty may exist to accommodate specific situations or preferences. Some possible variations include: 1. Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty — Cash Sale: This type of agreement involves an immediate payment in full upon the signing of the contract. It may be suitable for sellers seeking a quick and straightforward transaction. 2. Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty — Installment Sale: In this scenario, the buyer agrees to make payments in installments over a predetermined period. This type of agreement can provide flexibility for both parties, particularly if the buyer requires time to secure financing. 3. Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty — Leaseback: In certain cases, the seller may wish to retain possession and use of the growing crops for a specific period after the sale. The leaseback agreement permits the seller to lease the crops from the buyer, ensuring continuity until harvest or the end of the growing season. In summary, the Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty is a crucial legal document that facilitates the transfer of severed crops in Tarrant County, Texas. Its various types can accommodate different financial arrangements, leaseback options, and other specific requirements that may arise during the sale.The Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty is a legally binding document that outlines the terms and conditions for the sale of crops that have been severed from a real estate property. This agreement is commonly employed in Tarrant County, Texas, and governs the transfer of ownership and responsibilities related to the crops. The agreement includes essential details such as the names and contact information of the buyer and seller, the legal description of the severed property, and a comprehensive list of the growing crops included in the sale. It also specifies the purchase price, payment terms, and any conditions or contingencies that need to be met. Furthermore, the agreement may address various factors related to the growing crops, such as the farming practices employed, the use of pesticides or chemicals, and the allocation of water rights. Additionally, it may discuss the rights of the buyer to access and maintain the severed crops until the purchase is completed. Different types of Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty may exist to accommodate specific situations or preferences. Some possible variations include: 1. Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty — Cash Sale: This type of agreement involves an immediate payment in full upon the signing of the contract. It may be suitable for sellers seeking a quick and straightforward transaction. 2. Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty — Installment Sale: In this scenario, the buyer agrees to make payments in installments over a predetermined period. This type of agreement can provide flexibility for both parties, particularly if the buyer requires time to secure financing. 3. Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty — Leaseback: In certain cases, the seller may wish to retain possession and use of the growing crops for a specific period after the sale. The leaseback agreement permits the seller to lease the crops from the buyer, ensuring continuity until harvest or the end of the growing season. In summary, the Tarrant Texas Agreement for Sale of Growing Crops After Severed from Realty is a crucial legal document that facilitates the transfer of severed crops in Tarrant County, Texas. Its various types can accommodate different financial arrangements, leaseback options, and other specific requirements that may arise during the sale.