The Conservation Reserve Program (CRP) pays farmers and rancher to take their private agricultural lands out of production, and to add cover such as trees and grasses instead. The goal of the program is to protect environmentally sensitive areas from soil erosion and improve the quality of natural resources and wildlife habitats.
More than just a sizable asset—a Montana ranch is part of a family’s legacy, and selling it can be a complex and emotional process. Setting realistic expectations, preparing for the sales process and working with a trusted advisor can prove helpful in determining if and when you want to pass on your ranch property to someone new. Before you decide to sell your Montana ranch, consider the following best practices.
Montana landowners interested in protecting their ranch from future development might consider implementing a conservation easement. Continue reading to learn more about what conservation easements are and how they work.
Sellers and buyers alike seek off-market transactions for many reasons, whether it’s for privacy and security or to test the real estate market before committing to a public offering.