Hi, I’m Beth with TB Properties Buys Land. If you’ve got rural vacant land to sell, 10 plus acres, the question we’re answering today is whether you can sell your land if you’ve got a lease on it. If you are leasing your land out for some sort of reason, are you still able to sell your property? Well, there are many different types of leases that are out there. I’ll mention a few, and I probably won’t catch them all. One type of lease is a grazing lease. Or there might be an oil and gas lease. Maybe you or a family member has leased it out for hunting or perhaps there is even a timber lease for the property. If you’re interested in selling your property and it is leased out, the first thing you will want to do is to let us know that there’s a lease that’s active. If you have the information on that, if you’ve got the signed paperwork, that would be best.
We can take a look at that and still evaluate whether we are able to move forward with the transaction. To get back and to answer the original question, the quick answer, is that most of the time we can move forward with the transaction if your property is leased out. Sometimes that lease can be extended to the buyer, to TB Properties Buys Land, and just some additional paperwork is added to the normal closing documents. If there’s a grazing lease on the property, that’s something that either can be ended or can be extended to the buyer. If there are hunting leases, that’s really important to have that information updated and signed. Oil and gas leases, we’ll just need to know what the terms are of that lease before we can move forward. Timber is no different. With that said, if you’ve got rural vacant land to sell, if you’ve got 10 or more acres that you’re interested in selling, and you don’t want to work with a realtor because you want to get paid quickly but you still want to work through a reputable title company, consider selling your 10+ acre land to TB Properties Buys Land.
We’ll offer you a fair price. Once a price is agreed upon, we’ll send you a one-page purchase agreement. We cover all the closing costs. If you have a lease that needs to be extended or ended, that’s something that we can take a look at doing and have that paperwork done through the closing process, but reach out to us. We’re happy to work with you. If you have any further questions about selling your rural vacant land and having a lease on it, you can email us. You can give us a call or shoot us a message across our website. And we’re happy to answer any questions that you might have. Thanks again.