Q: If you inherit land that is currently on a farm lease(when parent was alive) is said lease valid when deed is in kids na
A: Typically when land is transferred the new owner will take the land subject to the terms of an active lease. This is dependent upon the actual terms of the lease as there may be contingencies for the farming tenant. You should contact a local attorney to review the relevant documents, advise you of your legal rights, and recommend a strategy to achieve your goals.
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