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Posted: Tuesday, November 21, 2023
Author: Vinny Delgado, Partner, Ranch Sales | Licensed in MT
Hi Vinny,
I'm currently interested in a property that is under a conservation easement. Could you tell me what kinds of things might be potential concerns or "red flags" to look out for?
- Conservation Easement Concerns
Dear Conservation Easement Concerns,
Thoroughly reading the easement is essential to fully understanding what can and cannot be done on the subject property. I also recommend that a real estate attorney decipher the easement for you. Understanding all subdivision restrictions, building restrictions, development areas, and anything else in the easement is vital for deciding whether you want to move forward with the purchase. Conservation easements are not harmful if they are thoughtfully crafted, but not all conservation easements are created equally.
- Vinny
Posted: Thursday, May 18, 2023
Author: JW Robinson
Renovating residential homes has been a hot topic for many years. Television has promoted the process of upgrading real estate through multiple shows across several networks. However, did you know...
Posted: Tuesday, November 26, 2024
Author: Kimberly Lowry
Raising kids immersed in agriculture develops a sense of discipline, hard work, tenacity, and creativity to work through unexpected challenges that may appear in an otherwise seemingly smooth afternoon. This...
Posted: Thursday, December 07, 2023
Author: Bob Goodson
A 1031 exchange that starts near the end of a tax year will often run into the following tax year. The regulations address how to handle incomplete exchanges and cash...
