Contracts
A TREC Farm and Ranch Contract is used when the property includes:
AAny property over 1 acre
BAgricultural land or land with farms, ranches, or similar uses, typically including mineral rights considerations✓ Correct
COnly properties with livestock
DAny commercial property outside city limits
Explanation
The TREC Farm and Ranch Contract is designed for agricultural properties including farms, ranches, and rural land. It includes specific provisions for crops, livestock, water rights, and mineral interests that are not addressed in the residential One to Four Family contract. Mineral rights and surface rights are important considerations.
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