Kansas Option For the Sale and Purchase of Real Estate - Residential Lot or Land

State:
Multi-State
Control #:
US-00582
Format:
Word; 
Rich Text
Instant download

Description

This form is for an option to purchase a residential real estate lot or track of land. It provides for the payment of option money and the procedures for exercise of the option.
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  • Preview Option For the Sale and Purchase of Real Estate - Residential Lot or Land
  • Preview Option For the Sale and Purchase of Real Estate - Residential Lot or Land
  • Preview Option For the Sale and Purchase of Real Estate - Residential Lot or Land
  • Preview Option For the Sale and Purchase of Real Estate - Residential Lot or Land

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FAQ

Over the last 20 years, the price of farmland per acre in kansas has risen by an average of 6.8% per year to $2,080 per acre as of 2019. This represents an increase of $1,407 per acre of farmland over this time period.

Land refers to the earth's surface down to the center of the earth and upward to the airspace above, including the trees, minerals, and water. Real estate is the land, plus any permanent man-made additions, such as houses and other buildings.

Over the last 20 years, the price of farmland per acre in kansas has risen by an average of 6.8% per year to $2,080 per acre as of 2019. This represents an increase of $1,407 per acre of farmland over this time period.

Buying Kansas land is an extremely attractive investment because it is valuable to a number of buyers for many different reasons. Buying Kansas land can be complicated and is capital intensive however, history has demonstrated that land ownership can be an extremely rewarding investment over time.

Kansas is definitely one of the biggest sources of free land in the United States. And the extraordinary town of Marquette offers free lands for families where they can settle down. And as a small town, they also enjoy beautiful rolling fields set against sunset views.

The Homestead Act was one way settlers acquired land in Kansas and other parts of the west. It was signed into law by President Abraham Lincoln on . Under the provisions of the Homestead Act, settlers could claim 160 acres of public land.

Small Kansas town giving away land for new homes to attract new residents. Finding a plot of land to build your perfect home can be costly. The town of Marquette, located southwest of Salina, Kansas, is giving away land to people who will relocate and build a home on it. The plan was put in place more than a decade ago

Kansas has 300,000 acres of public lands and more than 1 million acres of private land seasonally open to hunters. Additionally, Kansas has approximately one-half million acres of Professionally Managed Hunting Facilities providing private fee-to-hunt access.

Dryland average is currently worth around $1,970 per acre, irrigated land comes in at $3,270 per acre, and pastureland $1,370 per acre. According to Taylor, when excluding metropolitan areas of the state, farmland values can range anywhere from $1,000 to $3,500.

Kansas is one of the few states that has an unlimited homestead exemption. However, property values are affected by the maximum acreage limit in both urban and rural environments.

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Kansas Option For the Sale and Purchase of Real Estate - Residential Lot or Land