re: Question for land aficionados

Good point. I checked my files relating to two parcels of grazing land in Western Calcasieu Parish. In 2014 our family received an unsolicited offer from a company in Alexandria, LA. We learned "--------has completed its inspection/due diligence at each of the properties under contract. -----is satisfied with the inspection and intends on closing as soon as the title work and any curative work is complete. IT WAS SOLD WITH NO PROBLEMS IN SHORT ORDER.

As to the 160 acre tract in the ---area, ----is not able to utilize the property for its intended use. Accordingly ---terminates the agreement.

IT WAS SOLD A FEW MONTHS LATER TO A LOCAL CATTLEMAN.

In an unrelated matter, about two years later, the owners received yet another unsolicited offer from an investment group from California for some industrial property near Sulphur, LA which seemingly was ridiculously above market value. It escalated to owner groups of sellers and non-sellers from Virginia to Arizona and points in between including an e-patriot in Switzerland. In reading the fine print we (23 owners with undivided interests) learned from an intellectual cousin that their offer excluded the areas that were determined to be wetlands. He additionally was able to hold off an owner meeting at a centralized Sonic location yet to be determined. A Family Group LLC was formed to avoid these kinds of disagreements.

LOOK FOR THE CLAUSE.