PLATEAU LAND AND WILDLIFE MANAGEMENT NEWS

Plateau Land and Wildlife Management

Tuesday, December 20, 2011

TOP 10 LEGAL TIPS FOR THE OWNER OF RURAL LAND IN TEXAS

By Braun & Gresham, Attorneys at Law and Plateau Land & Wildlife Management

The owner of rural land in Texas...

Should not hold property in their own name, except their homestead.

Should claim their rights under Texas laws that limit liability.

Should claim all their homestead rights, if they live on their land.

Should have a will and special plans for leaving rural land to heirs.

Should fight for a fair price and reasonable limits if their land is condemned.

Should remove all possible exceptions to their title and title insurance policy.

Should use written hunting and grazing leases specifically drafted for their land.

Should maintain the lowest possible property tax rates on their land.

Should protest the market value of their land for property tax.

Should know there is no minimum acreage for open space valuations, except in subdivisions.