Yes, that I know. If the only deed is in your house, and your house burns down - you've got no proof of ownership. Filing a deed with the County Clerk gives an owner the added protection of "official document storage."
In my area, it's not uncommon for farmers to sell land and ask that it NOT be recorded for X amount of years. That because they can be penalized for such sales if they've been getting certain tax exemptions. This can be done with an outright cash sale, or a land-contract.
I've got two properties like that (cash sales), both I bought over 20 years ago. In both cases the farmers are retired and now living in Florida. The farms were sold and somebody eles is paying the taxes on my land (in theory). The new land-owners know it. The problem is - it's going to cost some money and work to record now. Tax maps have to be redrawn, and the county wants surveys before changing deeds. so, at this point - by mutual aggrement, it's never been done. The county doesn't care who claims to own what - as long as somebody is paying the taxes.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - A Question for Dads This recent topic from the Tractor Talk discussion board is being highlighted because it is an awesome display of the caliber of individuals that have made this site their own. The young person asking questions received positive feedback and advice from total strangers who "told it like it is" with the care many reserve for their own kids. The advice is timeless... so although it isn't necessarily antique tractor related, it will be prominently displayed in our archives to honor those who have the courage to ask and those who have the courage to respond in an honest, positive manner.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
