[WSBARP] Sale of growing crop.

[Jeff Davis]

I am not sure if the deed is the right transfer mechanism.  It could be like
a life estate.  But I agree with Kary, that this is product covered by the
UCC; Wouldn't you have a purchase and sale agreement and record a UCC
fixture filing statement?

 

Jeff

 

From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com>
On Behalf Of Craig Gourley
Sent: Tuesday, January 26, 2021 7:53 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Sale of growing crop.

 

Listmates,  A new wrinkle in property transfers for me.  While I think the
answer is straight forward and simple I thought it best to float it to the
hive just in case.    Client wants to transfer ownership of a growing crop (
Christmas trees) to a buyer but retain title to the land.  I presume this
would transfer by deed but limit the transfer to strictly the existing crop
on a defined legal description.  Excise paid on the value of the crop.  Am I
missing anything?  Thanks, Craig 

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