Examples of Agricultural Rights in a sentence
The lease provided the option to exercise the right to obtain the Agricultural Rights by Quitclaim Deed upon meeting completion requirements based on the approved farm development (70% of Class II and III soils) within 6 years and payment of six (6) annual lease payments calculated as 8% of the sale bid price.
This particular deadline was not carried over into the Quitclaim Deed, although the deed does state that adherence to the “farm use development plan submitted and approved by the Matanuska-Susitna Borough is mandatory.” Any 1977 Agricultural Rights unit in private hands today is considered to have met the “substantial completion” requirement.
The Ag Reorganization Program allowed the lessees to obtain tillable acreage adjustments to their lease contract, then convert the lease to a Quitclaim Deed for Agricultural Rights, and finance the balance due on the sale to a Deed of Trust.
This sale program also conveyed the Agricultural Rights by Quitclaim Deed, subject to the conditions and restrictions recorded with the deed.
The Qualified Appraisal shall contain an analysis of the highest and best use of the parcel of land, the valuation methodology used by the appraiser to determine value, the fair market value of the full ownership of the land (excluding the buildings thereon, if any), and the value of the Agricultural Rights and any Residential Developments Rights to be retained by the Owner for Development Right purchases; or the value of all rights to be retained by the Owner for Conservation Easement purchases.
Covenants, Conditions, and Restrictions for Borough property sold under Title 13 convey only the Agricultural Rights and any transfer of those rights requires consent of the Borough, which require Assembly approval or Manager's Decision depending on the CCRs that run with the property.If an agricultural parcel is subdivided, a new Borough Farm Conservation Plan must be submitted for each parcel created by the subdivision of the original parcel.
This document has been revised in an effort to advise all applicants of their responsibility in exercising the reserved Recreational and Agricultural Rights retained within the Dominion Energy’s shore land and into the referenced bodies of waters.
For assets carried at amortised cost (Loans and trade receivables) the impairment calculation involves a comparison between the carrying value and the net present value of the expected cash flows discounted by the original effective rate.Most municipalities incur credit losses (Bad Debts) from time to time.
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You do not need a referral from your PCP to get behavioral health services, but your PCP will work with your BH-MCO and behavioral health providers to help get you the care that best meets your needs.