Buying land is perhaps the biggest decision producers can make concerning their operation as well as their legacy. As we prepare to enter 2024, farmers might be looking for new opportunities in the farmland real estate market.
RFD-TV agri-legal expert Roger A. McEowen with the Washburn School of Law joined us Wednesday on the Market Day Report with some considerations to keep in mind when it comes to land sales and ag leases.
In his chat with RFD-TV’s own Tammi Arrender, McEowen discussed the main factors farmers need to be aware of when it comes to land purchases, and additional legal considerations to keep in mind. He also talked about the high amount of leased farmland and explained the legal definition of “good husbandry” included in many agricultural leases.