Kedron Co.

Resources

Closing deals

Land deals stall on details houses rarely have. These guides cover the ones that come up at the closing table, so you can raise them early and keep the sale on track.

Closing deals resources

Frequently asked questions

What slows down a land sale?

Usually something nobody checked early: unclear boundaries, no legal access, an active program contract on the ground, or rights that were sold off years ago. Finding them at listing time keeps them from surfacing at closing.

Should agents give tax or legal advice on a land sale?

No. Know the questions to raise, like a 1031 exchange or an easement, and send the client to their attorney, accountant or surveyor for the answer.

Do you need a survey to sell land?

Often not, if the whole parcel sells under its existing legal description, though the buyer, lender or title company may ask for one. Splitting land is different: plan on a survey, and possibly local approval, before the split can be recorded.

What happens to a CRP contract when land sells?

It doesn't end. The buyer can apply to take it over; if they don't within the period FSA sets, the contract ends on that ground and the seller can owe back the payments plus interest and damages. Settle at listing whether the buyer must assume it.

Every acre holds a story.

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