GFM Network News

The downside of an option-to-purchase land agreement

This type of agreement doesn’t oblige an energy or utility company to buy the land

Reading Time: < 1 minute The Farmers’ Advocate Office has received numerous inquiries on option-to-purchase agreements between landowners and the energy and utility sectors. “It’s important that landowners are aware of the risks of option-to-purchase agreements,” said Jeana Les, research and communications specialist for the advocate office. “An option-to-purchase agreement locks a landowner into selling to a certain company at […] Read more