Do We Need to Utilize an Attorney for Selling Farmland?

Top 50 Questions about Farmland

Yes, utilizing an attorney is highly recommended when selling farmland. At Whitaker Marketing Group, we work closely with attorneys to ensure smooth and efficient closings while addressing the unique complexities of farmland transactions.

Why an Attorney is Important

1. Addressing Legal Complexities:

   • Encumbrances: Handling debts or liens on the property.
   • Encroachments: Resolving disputes like neighboring fences or structures overlapping onto your property.
   • Chain of Title: Verifying ownership history, including trusts, inheritances, and bank payoffs.

2. Preparing Essential Documents:

   • Deed: Legal transfer of ownership.
   • Declaration of Value: Required for tax purposes.
   • Groundwater Hazard Statement: Ensures compliance with environmental regulations.

3. Recording and Compliance:

   • Attorneys ensure all documents are correctly recorded, avoiding legal issues post-sale.

How Whitaker Marketing Group Works with Attorneys

• Our in-house team manages the transaction, coordinating with attorneys for legal needs and lenders for financing requirements.
• This partnership streamlines the process, reduces errors, and often saves costs in the long run.

Key Takeaways

1. Attorneys help resolve legal complexities, prepare critical documents, and ensure compliance.
2. Using an attorney improves the efficiency and accuracy of the closing process.
3. Whitaker Marketing Group collaborates with attorneys to handle all legal aspects of your sale.

For expert assistance and access to trusted attorneys, contact David Whitaker – Iowa Land Guy for a seamless farmland selling experience! Having an attorney is crucial for ensuring a smooth transaction process. David Whitaker | Iowa Land Guy